Cheap rooms Baguio city near center
Cheap rooms - cheap is relative - you stated no amount as a limit. I use to stay most of my Baguio visits in Burnham hotel, near session road.
I love it for many reasons - above all for its center location near Session road - just some 100 meters away and same distance to Burnham park. All important shops sightseeing sites within walking distance.
The rooms are quiet and clean, the place very friendly and suitable for a weekend with boyfriend ... If you take advantage of the 20% discount you get as a visitor from this website - read carefully the Burnham Hotel price information - then the PHP 880 or so are quiet affordable in relationship to the comfort and location you find at this small hotel. Advanced reservation may be needed specially on weekends.
Of course there are other hotels even in the range of 500 PHP or may be below but in a different comfort category as well. One such cheaper hotel is nearby in session road. I forgot the exact name - but its either Hotel 456 or Hotel 345 or something with similar number in its name. Just in Session road below corner to Prime Hotel.
The more you move outside the center the cheaper some hotels might get and the more kilometers you either walk or travel by taxi. Keep in mind that Baguio city is a large city by distances and crowded by traffic - almost like Manila.
God bless
hans