On a smaller budget, you could stay at Hotel Rio Ibare, where prices are about 25US$ per night on average.
6 hotels in Trinidad
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Where to stay in Trinidad?
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Trinidad airports & Subway stations
If you want to be conveniently placed near Trinidad airport, think about Hotel Santa Anita that features complimentary private parking and a free carpark.
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Apartamento Privado E Independiente is a B&B located a 25-minute walk from Plazuela Doris Natusch. If you are planning on traveling with your family, then Hotel Laguna Jardin is a great choice that provides you with an outdoor swimming pool, a free car park and fishing, making it a suitable destination for kids.