A calm lake surrounded by mountains and dense forests.

Banff Cheap Hotels

  • Change your mind

    Book hotels with free cancellation
  • Treat yourself

    Sign in to save 10% or more on thousands of hotels
    Sign in
  • Be picky

    Search almost a million properties worldwide

Check availability on Banff Cheap Hotels

Tonight
24 Oct - 25 Oct
Tomorrow
25 Oct - 26 Oct
Next weekend
30 Oct - 1 Nov
In two weeks
6 Nov - 8 Nov

Our top choices for Banff cheap hotels

1. Best Western Plus Banff International Lodge

Best Western Plus Banff International Lodge
Uptown District
United States
David
HK$834
HK$944 total
includes taxes & fees
27 Oct - 28 Oct
Best Western Plus Banff International Lodge

2. Banff Inn

Banff Inn
Uptown District
Canada
Ricky
HK$667
HK$879 total
includes taxes & fees
11 Nov - 12 Nov
Banff Inn

3. Elk + Avenue Hotel

Elk + Avenue Hotel
Downtown District
Canada
Ian
HK$852
HK$976 total
includes taxes & fees
10 Nov - 11 Nov
Elk + Avenue Hotel

4. Banff Aspen Lodge

Banff Aspen Lodge
Uptown District
Australia
Florens
HK$890
HK$1,008 total
includes taxes & fees
15 Nov - 16 Nov
Banff Aspen Lodge

5. Rundlestone Lodge

Rundlestone Lodge
Uptown District
Canada
Sarah
HK$732
HK$828 total
includes taxes & fees
22 Nov - 23 Nov
Rundlestone Lodge

6. Bow View Lodge

Bow View Lodge
Downtown District
Canada
Bessie
HK$668
HK$757 total
includes taxes & fees
25 Oct - 26 Oct
Bow View Lodge

7. Charltons Banff

Charltons Banff
Uptown District
United Kingdom
Kenneth
HK$627
HK$834 total
includes taxes & fees
22 Nov - 23 Nov
Charltons Banff

8. Douglas Fir Resort and Chalets

Douglas Fir Resort and Chalets
Tunnel Mountain District
Canada
Ronie
HK$834
HK$944 total
includes taxes & fees
25 Oct - 26 Oct
Douglas Fir Resort and Chalets

9. Banff International Hostel

Banff International Hostel
Uptown District
Canada
Joshua
HK$806
HK$912 total
includes taxes & fees
28 Oct - 29 Oct
Banff International Hostel

10. Quiet and Cozy Space in Banff!

Quiet and Cozy Space in Banff!
Uptown District
United States
Zaida G.
HK$890
HK$1,182 total
includes taxes & fees
1 Nov - 2 Nov
Quiet and Cozy Space in Banff!
View all properties

Find out more about Banff

Discover cheap things to do in Banff

For budget-conscious travellers keen on exploring the beauty of Banff, Alberta, there’s much to enjoy without breaking the bank. Start with a visit to the stunning Bow Falls, where the thundering water cascades provide a perfect backdrop for a scenic picnic – pack your own lunch to save on dining costs. For the adventurous, the Banff Gondola offers breathtaking views of the Rockies, and if you book in advance, you can snag a deal that makes this experience a worthwhile splurge. Hiking trails , with the Tunnel Mountain trail being a local favourite that’s both manageable and rewarding, revealing spectacular vistas of the town below. Additionally, the Banff Park Museum offers free admission, giving families a chance to delve into the region's natural history. When it comes to dining, head to the local food trucks for delicious, budget-friendly meals that provide a taste of Banff’s culinary scene without the hefty price tag. For accommodation, consider staying in the centrally located Banff Avenue area, where options range from charming motels to hostels. This area not only places you within walking distance of shops and eateries but also provides easy access to the town's many attractions, making it a fantastic base for both relaxation and adventure.

Find the best cheap hotels in Banff

For budget-conscious travellers visiting Banff, Alberta, there are several excellent hotels that offer great value without compromising on comfort. Here are some top picks to consider for an affordable yet enjoyable stay.Peaks Hotel and Suites

  • Why it's great for a budget-friendly vacation: Peaks Hotel and Suites presents an excellent accommodation choice for budget travellers seeking comfort and convenience in Banff. With an excellent review rating of 9.6, the hotel offers free Wi-Fi to keep travelers connected and informed during their stay. The location in Downtown District allows easy access to local attractions and activities, making it a popular choice for visitors.
  • Other amenities: Guests can enjoy additional features such as covered self-parking and access to hot springs for a relaxing experience. The hotel includes a hot tub and fitness facilities nearby, catering to wellness-oriented travellers. A kitchenette option is available for those who prefer to prepare their own meals, while ski storage and nearby skiing activities provide ample opportunity for winter sports enthusiasts.
  • Neighborhood: Downtown District
  • Nearby attractions: Bow River - 0.3 km, Banff Legacy Trail - 0.3 km, Minnewanka Loop / Lake Johnson - 0.4 km

Banff Aspen Lodge

  • Why it's great for a budget-friendly vacation: The Banff Aspen Lodge is a fantastic option for budget-savvy travelers who still want a touch of comfort during their stay. Boasting a stellar review rating of 9.4, this lodge offers free weekend buffet breakfast and Wi-Fi, along with complimentary toiletries to enhance the traveler experience. The hot tub and relaxing mineral springs provide a perfect retreat after a day of exploring the stunning surroundings.
  • Other amenities: This lodge also features free self-parking, ensuring that travelers can enjoy the convenience of their own transportation. Situated in the Uptown District, it offers easy access to local attractions. The hotel welcomes pets, allowing travellers to bring their furry friends along. Other amenities include ski storage, nearby skiing and snowboarding activities, and a concierge service to assist with planning adventures in the area.
  • Neighborhood: Uptown District
  • Nearby attractions: Banff National Park Information Centre - 0.3 km, Banff Lake Louise Tourism Bureau - 0.3 km, Banff Legacy Trail - 0.4 km

Brewster Mountain Lodge

  • Why it's great for a budget-friendly vacation: Brewster Mountain Lodge is an ideal choice for budget travellers looking to explore the wonders of Banff. With an impressive traveler review rating of 9.2, the lodge provides essential amenities such as free continental breakfast and Wi-Fi, ensuring travelers start their day right without any additional costs. Additionally, the onsite ski shuttle provides convenient access to the nearby slopes, making it perfect for winter sports enthusiasts.
  • Other amenities: Guests can enjoy a variety of features including free toiletries, daily housekeeping, and covered self-parking. The lodge is situated in the vibrant Downtown District, allowing for easy access to local shops and dining options. Outdoor enthusiasts will appreciate nearby hiking and biking trails, as well as the nearby snow tubing and snowshoeing activities. Relaxation is also on hand with nearby hot springs to unwind after a day of adventure.
  • Neighborhood: Downtown District
  • Nearby attractions: Banff Legacy Trail - 0.2 km, Minnewanka Loop / Lake Johnson - 0.3 km, Central Park - 0.3 km

The Elk & Avenue Hotel

  • Why it's great for a budget-friendly vacation: The Elk & Avenue Hotel is a fantastic budget choice, rated 9.0 by guests for its combination of comfort and affordability. With free Wi-Fi and toiletries, guests can enjoy a straightforward stay. The hotel's central location makes it easy for travellers to explore Banff, especially with convenient access to skiing and other winter sports.
  • Other amenities: This hotel also offers a shared microwave and electric kettle for added convenience, alongside an onsite shopping area. Guests can unwind in the hot springs nearby or take advantage of the ski shuttle service. With options for snowboarding and mountain biking in the area, outdoor enthusiasts will find plenty to keep them engaged.
  • Neighborhood: Downtown District
  • Nearby attractions: Banff National Park Information Centre - 0.1 km, Banff Lake Louise Tourism Bureau - 0.1 km, Banff Legacy Trail - 0.2 km

Banff Ptarmigan Inn

  • Why it's great for a budget-friendly vacation: Banff Ptarmigan Inn is an affordable choice for travellers looking for comfort without breaking the bank. With a review rating of 8.8, this inn provides essential amenities such as free toiletries, Wi-Fi, and complimentary self-parking. The hotel’s location in the Downtown District makes it easy for travelers to explore Banff’s vibrant local culture.
  • Other amenities: The inn features a hot tub, perfect for unwinding after a day of adventure, and offers ski passes for those eager to hit the slopes. Nearby snow tubing and snowshoeing options are available for winter sports lovers. For added convenience, travelers can enjoy services like concierge assistance and access to nearby hot springs for relaxation after an active day.
  • Neighborhood: Downtown District
  • Nearby attractions: Banff National Park Information Centre - 0.1 km, Banff Lake Louise Tourism Bureau - 0.1 km, Banff Legacy Trail - 0.3 km

Top Banff Hotel Reviews

Elk + Avenue Hotel

Elk + Avenue Hotel

10/10 Excellent
"Excellent service. Place is immaculate. It’s right next to the grocery store and within minutes of shops and restaurants"
Freddy 6-night trip
Posted 5 hours ago
Elk + Avenue Hotel
Banff Rocky Mountain Resort

Banff Rocky Mountain Resort

8/10 Good
"Located out of town. Free shuttle handy, but it is small. Arrive early to get a seat. Nice yo have space to spread out in apartment. Shame the 2 bedroom apartments are upstairs. I hate lugging suitcases up and down stairs! Convenient kitchen. Did have an “unwanted guest”. A squirrel spotted running across the floor in the morning. He’d eaten some cookies (hope he didn’t get sick), Staff very efficient. Came as soon as we reported it and moved oven, fridge etc to look for any gaps that it may have entered from. Sealed up one small gap. No signs of him after that."
Sandra 3-night trip
Posted 6 hours ago
Banff Rocky Mountain Resort
Charltons Banff

Charltons Banff

10/10 Excellent
"Enjoyed our stay. Staff was friendly. Price was affordable. Rooms were clean. Property is kinda dated but for us it was a place to sleep and use the Pool/Spa/Sauna. Would return for a future stay."
Claude Roland 3-night trip
Posted 15 hours ago
Charltons Banff
Banff Park Lodge

Banff Park Lodge

10/10 Excellent
"Great stay"
Terry 2-night trip
Posted 16 hours ago
Banff Park Lodge
Banff Aspen Lodge

Banff Aspen Lodge

10/10 Excellent
"We had an amazing stay at Aspen Lodge! The room was beautiful, and the amenities were great. But our favourite part was definitely the breakfast! 😋 It was delicious, very well organized, and we loved that it was self-serve so we could go back for more whenever we wanted. The location is also AMAZING, right in the heart of Banff! Everything is within walking distance, including the shops, restaurants, and most shuttle pickup points for the lakes and airport, which were only about a 10-minute walk away. We would definitely stay here again and highly recommend it to anyone visiting Banff! ❤️🏔️"
Nicolas 3-night trip
Posted 17 hours ago
Banff Aspen Lodge
Canalta Hotel Lodge

Canalta Hotel Lodge

10/10 Excellent
"Great pace to stay on the Main Street."
Ronald 2-night trip
Posted 17 hours ago
Canalta Hotel Lodge
Mount Royal Hotel

Mount Royal Hotel

10/10 Excellent
"Disappointed the hottub was not operational. They upgraded our room when we arrived so we could face the main street. Fabulous location for walking the beautiful town if Banff!"
Bev 2-night trip
Posted 2 days ago
Mount Royal Hotel
Royal Canadian Lodge

Royal Canadian Lodge

10/10 Excellent
"Very nice hotel, we loved the fireplace in the room. The pool, hot tube and steam room were nice amenities that we enjoyed. We liked being able to walk to restaurants, cafes, convenience stores and shopping."
Rhonda 2-night trip
Posted 2 days ago
Royal Canadian Lodge
Fairmont Banff Springs

Fairmont Banff Springs

10/10 Excellent
"This place was fabulous! The staff were superb, the building was amazing and the surrounding area was stunning! Just know that it’s a Fairmont so the bathrooms are small."
Deborah 2-night trip
Posted 3 days ago
Fairmont Banff Springs

Frequently asked questions

What is Banff like for travellers on a budget?
Banff has cheap accommodation options and a range of things to see and do, making it a great getaway spot for budget travellers. You can find ways to save money while getting to know this destination, which is home to attractions such as Tunnel Mountain, Bow Falls and Cave and Basin National Historic Site.
What's the best accommodation for a budget-friendly stay in Banff?
Based on reviews, Banff Rocky Mountain Resort is a popular hotel for our travellers who want a more economical choice, and features free Wi-Fi and free parking. Other good choices for your budget-friendly stay include The Fox Hotel and Suites and Banff Caribou Lodge and Spa.
How many budget hotels will I be able to find in Banff?
Choose a hotel that suits your wallet from Expedia's 16 budget hotels in Banff.
When is the best time for a budget trip to Banff?
Weather will likely play an important role when you plan your trip to Banff, but bear in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually July and August, with an average temperature of 12°C, while the coldest months are December and February, with an average of -10°C. The snowiest months in Banff are February, March, December and November, with each month seeing an average of 19 cm of snowfall.
What is there to see and do in Banff?
Banff attracts visitors with its majestic mountain views and lakeside setting, and offers plenty to see and do without spending a fortune. You can budget for the local attractions that interest you most, and then fill your itinerary with sights that cost little or nothing at all. Check out the area's cultural spots like Canada House Gallery and Whyte Museum of the Canadian Rockies, or get outdoors at Tunnel Mountain.
How can I get to Banff and get around on a budget?
Scoping out the transportation options in Banff can help keep you on budget. To see more of the larger area, take a train from Banff Station. Banff might not have many public transport choices so renting a car could be a reasonable alternative to see more of the area.

Explore a world of travel with Expedia