A coastal town with white buildings, a windmill, and a beach with people.

Mykonos 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 Mykonos Cheap Hotels

Tonight
11 Oct - 12 Oct
Tomorrow
12 Oct - 13 Oct
Next weekend
16 Oct - 18 Oct
In two weeks
23 Oct - 25 Oct

Our top choices for Mykonos cheap hotels

A swimming pool with clear blue water, surrounded by white buildings and palm trees.
An outdoor bar area with white wicker bar stools, a stone wall, and a chalkboard menu listing coffees, drinks, and cocktails.
A nighttime pathway with illuminated lights, palm trees, and outdoor umbrellas.
A pathway leading to a building with a sign reading "Queen."

1. Queen Suites

Queen Suites
Mykonos
United States
Maia
HK$1,103
HK$1,273 total
includes taxes & fees
25 Oct - 26 Oct
Queen Suites
A stone pathway leading to a rustic building with a view of the sea.
A bedroom with a bed, a small table, a chair, and a television.
A room with a bed, a small table with a bowl, a wicker chair, a fireplace, and a wall-mounted shelf with a statue.
A bathroom with a white sink, a mirror, and a red bottle.

2. Artemis Cottage Room 1

Artemis Cottage Room 1
Mykonos
HK$933
HK$1,066 total
includes taxes & fees
10 Nov - 11 Nov
Artemis Cottage Room 1
A modern outdoor seating area with a person using a tablet, a small table with a cup, and a view of the surrounding buildings.
A modern outdoor pool area with a wooden pergola, a view of the surrounding landscape, and a mountain in the distance.
A modern living room with a sofa, a round coffee table, a chair, a mirror, and a painting on the wall.
A modern bedroom with a bed, bedside lamps, a potted plant, and a round table with a glass pitcher and a glass.

3. The Lofts Paros Executive Suites

The Lofts Paros Executive Suites
Naousa
United States
Byron
HK$2,585
HK$2,960 total
includes taxes & fees
19 Oct - 20 Oct
The Lofts Paros Executive Suites
View all properties

Find out more about Mykonos

Discover cheap things to do in Mykonos

For budget-conscious travellers seeking an adventure in Mykonos, the island offers a delightful mix of affordable activities and memorable experiences. Start your exploration at the iconic Mykonos Windmills, where you can soak in stunning views of the island without spending a dime. A stroll through the charming streets of Mykonos Town, with its whitewashed buildings and vibrant bougainvillaea, is a wonderful way to experience the local culture—perfect for those who love wandering and snapping photos. Head to the beaches, like Platis Gialos, where you can enjoy a day of sunbathing or swimming, and grab a reasonably priced meal at a nearby taverna offering fresh seafood and traditional Greek dishes. For an enriching experience, visit the Archaeological Museum of Mykonos, which has an affordable entry fee and showcases fascinating artefacts from the island's rich history. For accommodation, consider staying in the quieter area of Agios Stefanos, known for its stunning sunsets and a more relaxed atmosphere, where you can find a range of budget hotels. This area not only provides convenient access to the beach but also allows you to enjoy the local dining scene without breaking the bank. With a blend of culture, relaxation, and affordability, Mykonos is perfect for those who seek quality experiences without the hefty price tag.

Find the best cheap hotels in Mykonos

For budget-conscious travellers visiting Mykonos, there are several hotels that offer excellent value without compromising on comfort. Here are five top picks that provide essential amenities and a pleasant stay.Hotel Madalena

  • Why it's great for a budget-friendly vacation: Hotel Madalena is a fantastic option for budget travellers, offering a high traveler review rating of 9.4. This welcoming hotel provides essential amenities including free Wi-Fi, complimentary continental breakfast, and 24-hour airport shuttle services, ensuring travelers enjoy convenience and comfort without breaking the bank.
  • Other amenities: Guests can unwind on the terrace or take advantage of the onsite pool and sun loungers. With self-parking options available at no cost, it’s easy to explore Mykonos. Nearby activities include windsurfing, snorkeling, and hiking, allowing travelers to immerse themselves in the local scenery. The hotel also features Egyptian cotton sheets and daily housekeeping for an extra touch of comfort.
  • Nearby attractions: Mykonos Old Port - 0.9 km, Tourlos Beach - 1.3 km, Matoyianni Street - 1.3 km

Maki's Place

  • Why it's great for a budget-friendly vacation: Maki's Place is a fantastic option for budget travellers seeking value without sacrificing quality, a stellar review rating of 9.4. Guests can indulge in a complimentary buffet breakfast each morning and enjoy free Wi-Fi throughout the hotel. The hotel also offers free airport transportation, making it easy for guests to explore Mykonos without additional costs.
  • Other amenities: The hotel features a lovely terrace, a pool perfect for relaxation, and nearby access to beautiful beaches. Travellers can also enjoy a garden area, free self-parking, and scenic sea views right from their balcony or patio. With its nearby local shopping centres and beach access, Maki's Place is an excellent choice for those looking to maximise their experience on a budget.
  • Nearby attractions: Tourlos Beach - 0.6 km, Agios Stefanos Beach - 0.7 km, Mykonos New Port - 0.6 km

Grand Beach Mykonos

  • Why it's great for a budget-friendly vacation: Grand Beach Mykonos is a fantastic choice for budget travellers, featuring an impressive review rating of 9.4. Guests can savour a complimentary buffet breakfast, access free Wi-Fi, and benefit from free self-parking, all while enjoying the beautiful beachfront location. This hotel combines affordability with comfort, making it a popular pick among visitors.
  • Other amenities: The hotel boasts an outdoor pool, private hot tubs, and sea views from various rooms. Guests can unwind at the poolside bar or enjoy the nearby sandy beach. Each room is equipped with air conditioning and daily housekeeping for a pleasant stay. For those looking to explore, the hotel offers convenient access to local attractions and shuttle services as needed.
  • Nearby attractions: Fabrica Square - 0.8 km, Windmills of Mykonos - 1.1 km, Megali Ammos Beach - 0.3 km

Mykonos View

  • Why it's great for a budget-friendly vacation: Mykonos View is a superb choice for budget travellers with an excellent review rating of 9.2. This hotel provides free Wi-Fi and self-parking, ensuring a straightforward experience for travelers looking to explore Mykonos without overspending.
  • Other amenities: The hotel features a terrace and patio for outdoor relaxation, alongside a pool and kitchenette in select rooms. Guests can enjoy easy access to nearby beaches and snorkeling spots, plus concierge services for local recommendations. The hotel also offers babysitting services for families, ensuring that everyone can enjoy their stay.
  • Nearby attractions: Mykonos Old Port - 0.4 km, Tourlos Beach - 1.1 km, Matoyianni Street - 0.8 km

Top Mykonos Hotel Reviews

Poseidon Hotel & Suites

Poseidon Hotel & Suites

10/10 Excellent
"Gorgeous room with a beautiful water front view from our balcony! The buffet breakfast was delicious and the selection was incredible. Location was perfect for walking to Little Venice and the Old Town area. Would definitely stay here again!!"
Brian 3-night trip
Posted 1 day ago
Poseidon Hotel & Suites
Myconian Ambassador Hotel Relais & Chateaux

Myconian Ambassador Hotel Relais & Chateaux

10/10 Excellent
"Five star hotel in all its glory. Friendly staff and ever so helpful. Food and drinks were amazing. The champagne breakfast is something you need to try. Proper Greek hospitality. Thank you so much for having us!"
Natasha 2-night trip
Posted 4 days ago
Myconian Ambassador Hotel Relais & Chateaux
Petinaros Hotel

Petinaros Hotel

8/10 Good
"We stayed for three nights. It was a lovely hotel up above the hustle and bustle of the town. Very quiet, clean and friendly staff. Breakfast starts at 8 and is an excellent spread. However, we had to leave for an early flight on the last day and had an excursion early on the first day so we only the had one day to enjoy breakfast. Appreciated the shuttle service from the port and to the airport!"
Tamryn 3-night trip
Posted 2 weeks ago
Petinaros Hotel

Frequently asked questions

What is Mykonos like for travellers on a budget?
Discover discount places to stay in Mykonos on Expedia.com and book a holiday that stays within your budget. Mykonos is a destination that travellers visit for its bar scene and fantastic dining options. You can browse a wide selection of hotels and other accommodation options with Member Prices to find the best deal for you and earn rewards. With our site's helpful page filters, you can search by your price range, or by favourite amenities like free breakfast and free WiFi. If you're hoping for reasonable options around local sights, such as Mykonos New Port or Matoyianni Street, try out the location filters to narrow down your search. As you browse, click the heart button to save your favourites so that you can come back to them when you're ready to decide. Need a car or a flight too? Choose from the holiday packages available under Bundle and Save and discover big savings when you book your transport at the same time.
When is the best time for a budget trip to Mykonos?
Weather will likely play an important role when you plan your trip to Mykonos, but bear in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually August and July, with an average temperature of 24°C, while the coldest months are January and February, with an average of 13°C. Average annual precipitation for Mykonos is 384 mm.
What is there to see and do in Mykonos?
Mykonos attracts visitors with its bar scene and fantastic dining options, and offers plenty to see and do without spending a fortune. You can budget for the top local attractions that interest you most, such as Mykonos New Port, and then look for sights and activities that cost little or nothing at all. Explore and snap photos of landmarks like Church of Panagia Paraportiani and Lena's House, or check out the area's cultural spots like at Aegean Maritime Museum.
How can I get to Mykonos and get around on a budget?
Scoping out the transportation options in Mykonos can help keep you on budget. The closest airport is 1.3 mi (2 km) from the centre in Mykonos (JMK-Mykonos Island National). However, if that doesn't suit your budget, you can look into flights to Ermoupolis (JSY-Syros Island National), which is 21 mi (33.8 km) away. You can find out about water transport options at the port.

Explore a world of travel with Expedia