A calm lake surrounded by mountains and dense forests.

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Check availability on Banff Cheap Hotels

Tonight
Aug 23 - Aug 24
Tomorrow
Aug 24 - Aug 25
Next weekend
Aug 28 - Aug 30
In two weeks
Sep 4 - Sep 6

Our top choices for Banff cheap hotels

1. Banff Inn

Banff Inn
Uptown District
Canada
Eddy
¥59,976
¥70,462 total
includes taxes & fees
Aug 30 - Aug 31
Banff Inn

2. Best Western Plus Banff International Lodge

Best Western Plus Banff International Lodge
Uptown District
United States
Vishnu
¥69,194
¥78,342 total
includes taxes & fees
Aug 28 - Aug 29
Best Western Plus Banff International Lodge

3. Banff Rocky Mountain Resort

Banff Rocky Mountain Resort
Banff
Canada
Gerald
¥63,418
¥71,801 total
includes taxes & fees
Aug 30 - Aug 31
Banff Rocky Mountain Resort

4. Elk + Avenue Hotel

Elk + Avenue Hotel
Downtown District
United States
sdeepthi
¥69,722
¥79,183 total
includes taxes & fees
Sep 24 - Sep 25
Elk + Avenue Hotel

5. Banff Aspen Lodge

Banff Aspen Lodge
Uptown District
Canada
Lisa
¥77,280
¥87,496 total
includes taxes & fees
Aug 31 - Sep 1
Banff Aspen Lodge

6. Charltons Banff

Charltons Banff
Uptown District
Canada
Gurdeep
¥55,355
¥65,231 total
includes taxes & fees
Aug 30 - Aug 31
Charltons Banff

7. Douglas Fir Resort and Chalets

Douglas Fir Resort and Chalets
Tunnel Mountain District
United Kingdom
Guy
¥41,021
¥46,443 total
includes taxes & fees
Sep 1 - Sep 2
Douglas Fir Resort and Chalets

8. King Edward Hotel

King Edward Hotel
Downtown District
Canada
Harriet
¥57,931
¥66,902 total
includes taxes & fees
Aug 26 - Aug 27
King Edward Hotel

9. Brewster Mountain Lodge

Brewster Mountain Lodge
Downtown District
United States
Angela
¥68,512
¥77,569 total
includes taxes & fees
Aug 31 - Sep 1
Brewster Mountain Lodge

10. Mount Royal Hotel

Mount Royal Hotel
Downtown District
United States
claudia
¥75,085
¥85,254 total
includes taxes & fees
Aug 29 - Aug 30
Mount Royal Hotel
View all properties

Find out more about Banff

Discover cheap things to do in Banff

Banff, Alberta, is a paradise of natural beauty and memorable experiences that won't break the bank. Start your adventure at the stunning Lake Louise, where you can enjoy a leisurely hike around the lake's turquoise waters or pack a picnic to savor the views—both activities are completely free! Head over to the Banff Gondola for breathtaking mountain vistas; while the ride can be a splurge, the trails at the summit offer free exploration and a chance to spot wildlife. Don't miss the Banff Upper Hot Springs, where you can unwind in naturally heated pools after a day of exploring; admission is reasonably priced, making it a perfect treat. For a taste of local culture, stroll along Banff Avenue, where you can enjoy window shopping at artisanal shops and galleries without spending a dime. Finally, the nearby Tunnel Mountain offers picturesque hiking trails with panoramic views, accessible at no cost. For budget-friendly accommodations, consider staying in the charming Canmore area just outside of Banff, where you’ll find a range of affordable hotels. This area offers a quaint mountain town vibe and easy access to both Banff National Park and local amenities, ensuring a comfortable stay while you explore the stunning landscapes.

Find the best cheap hotels in Banff

Travelers seeking budget-friendly accommodations in Banff will find these top hotels offer great value without compromising on comfort and amenities. Here's a selection that caters to a variety of needs while keeping costs manageable.Peaks Hotel and Suites

  • Why it's great for a budget-friendly vacation: Travelers looking for budget options will find Peaks Hotel and Suites an appealing choice, rated 9.6 by guests. This hotel offers essential amenities such as free WiFi, making it a fantastic spot for those on a budget. The hotel's location in downtown Banff gives guests easy access to local attractions and skiing opportunities.
  • Other amenities: Beyond the basics, the hotel features an inviting hot spring experience, covered self-parking, and a fitness facility nearby for those wanting to stay active. Guests can also enjoy a hot tub, an electric kettle in their rooms, and daily housekeeping for added comfort. The hotel is well-suited for outdoor enthusiasts, with nearby hiking and biking trails, as well as ski storage for winter sports gear.
  • Neighborhood: Downtown District
  • Nearby attractions: Bow River - 0.19 miles, Banff Legacy Trail - 0.21 miles, Minnewanka Loop / Lake Johnson - 0.23 miles

Banff Aspen Lodge

  • Why it's great for a budget-friendly vacation: Banff Aspen Lodge is an excellent choice for budget travelers, a stellar review rating of 9.4. Guests enjoy complimentary breakfast on weekends and free WiFi, making it a convenient and affordable option. The lodge’s location in the Uptown District also provides easy access to local attractions and skiing adventures.
  • Other amenities: This welcoming lodge also offers free self-parking, a relaxing hot tub for unwinding after a day of exploration, and nearby hot springs. Additional features include a fitness facility nearby, ski storage for winter sports enthusiasts, and rooms equipped with kitchenettes for added convenience. The lodge's atmosphere is complemented by daily housekeeping and the availability of cribs for families.
  • Neighborhood: Uptown District
  • Nearby attractions: Banff National Park Information Centre - 0.17 miles, Banff Lake Louise Tourism Bureau - 0.17 miles, Banff Legacy Trail - 0.28 miles

Brewster Mountain Lodge

  • Why it's great for a budget-friendly vacation: Perfect for budget-conscious travelers, Brewster Mountain Lodge shines with a high review rating of 9.2, offering essential amenities like free continental breakfast and WiFi. Guests will appreciate the convenience of the onsite ski shuttle to access the slopes easily, enhancing their mountain experience without the added expense.
  • Other amenities: In addition to the budget-friendly perks, this lodge features a golf clubhouse, covered self-parking, and nearby golf course access for leisure activities. The cozy atmosphere includes daily housekeeping, premium bedding, and free toiletries, ensuring a comfortable stay. Plus, travelers can explore nearby hiking and biking trails, and enjoy additional activities like snowshoeing and snow tubing.
  • Neighborhood: Downtown District
  • Nearby attractions: Banff Legacy Trail - 0.11 miles, Minnewanka Loop / Lake Johnson - 0.18 miles, Central Park - 0.19 miles

The Elk & Avenue Hotel

  • Why it's great for a budget-friendly vacation: The Elk & Avenue Hotel is a fantastic budget-friendly option in downtown Banff, with an impressive review rating of 9.0. Guests can enjoy free toiletries and WiFi, along with a welcoming atmosphere that makes for a comfortable stay. The hotel is conveniently located near ski lifts, giving guests easy access to the slopes without breaking the bank.
  • Other amenities: In addition to essential amenities, this hotel features a hot tub for relaxation, covered parking, and a concierge service to assist with local inquiries. Guests can also take advantage of nearby shopping options and various outdoor activities, including snowboarding and mountain biking. The rooms are equipped with refreshing electric kettles and refrigerators available on request, adding to the overall convenience.
  • Neighborhood: Downtown District
  • Nearby attractions: Banff National Park Information Centre - 0.04 miles, Banff Lake Louise Tourism Bureau - 0.05 miles, Banff Legacy Trail - 0.15 miles

Banff Ptarmigan Inn

  • Why it's great for a budget-friendly vacation: Banff Ptarmigan Inn is an outstanding budget-friendly choice with a solid review rating of 8.8, making it ideal for travelers seeking value. Guests benefit from free toiletries, WiFi, and self-parking options, ensuring a comfortable and easy stay while exploring Banff's attractions.
  • Other amenities: In addition to the budget amenities, this inn features a rejuvenating hot tub, ski passes for winter sports fun, and concierge service to help plan activities in the area. The hotel also offers easy access to local hiking and biking trails, as well as nearby golf courses for summer activities. With housekeeping services and cozy balconies, guests can enjoy a relaxing atmosphere after a day of adventure.
  • Neighborhood: Downtown District
  • Nearby attractions: Banff National Park Information Centre - 0.09 miles, Banff Lake Louise Tourism Bureau - 0.09 miles, Banff Legacy Trail - 0.2 miles

Top Banff Hotel Reviews

Fairmont Banff Springs

Fairmont Banff Springs

10/10 Excellent
"Super nice place for a family vacation"
Ying 2-night trip
Posted 2 hours ago
Fairmont Banff Springs
Brewster Mountain Lodge

Brewster Mountain Lodge

10/10 Excellent
"The service and place is Great!"
Miguel 1-night trip
Posted 5 hours ago
Brewster Mountain Lodge
Hidden Ridge Resort

Hidden Ridge Resort

10/10 Excellent
"Wonderful stay over all"
febe 2-night trip
Posted 6 hours ago
Hidden Ridge Resort
Banff Park Lodge

Banff Park Lodge

10/10 Excellent
"The place was as advertised. The contactless parking and check-in were easy and convenient. Location was excellent for walking access to downtown Banff, nearby trails and attractions. The staff were friendly, the rooms were recently renovated and clean. I would stay here again, my girlfriend and I had a great time and were very comfortable. My only gripe is the steep price, but it’s Banff and you have to expect to fork out the cash to stay in a convenient location."
David 2-night trip
Posted 9 hours ago
Banff Park Lodge
Tunnel Mountain Resort

Tunnel Mountain Resort

10/10 Excellent
"Lovely quiet and clean accommodation. We had fantastic views as well. The cabin was cosy, but basic and a little worn. The staff were super helpful and friendly and the location was excellent. The biggest issue was that while it supposedly slept six, there were only two comfortable seats in the lounge, so we didn't spend much time there. The same went for the balcony, where we had two broken plastic chairs, for four people."
Rob 3-night trip
Posted 10 hours ago
Tunnel Mountain Resort
Banff Caribou Lodge and Spa

Banff Caribou Lodge and Spa

8/10 Good
"Clean room"
Eun Jeung 3-night trip
Posted 11 hours ago
Banff Caribou Lodge and Spa
Elk + Avenue Hotel

Elk + Avenue Hotel

8/10 Good
"It’s my 3rd time staying here as I wanted something convenient, especially with a toddler. The only reason I’m giving it a 4 stars are as follow: the loft I stayed at had several items unplugged (tv upstairs, phone (the ringer didn’t work either and I let them know right away), and the big one was that the welcome message on the screen had another guest name on it. I wondered if they had put me in the wrong room so after I plugged the phone in I called and asked. They told me the previous guest probably didn’t sign out….i stayed there for 3 nights and they changed the welcome name on tv the day I checked out. Besides that, the market is right next door and it’s a nice hotel overall."
Emma 3-night trip
Posted 1 day ago
Elk + Avenue Hotel

Frequently asked questions

What is Banff like for travelers on a budget?
Banff has cheap accommodation options and a range of things to see and do, making it a great choice for a budget-friendly getaway. In addition to its well-known attractions like Banff Gondola, this destination is home to Tunnel Mountain and Bow Falls, which you can enjoy while spending very little.
What's the best budget-friendly accommodation in Banff?
Based on reviews, The Fox Hotel and Suites is a popular hotel for our travelers who want a more economical choice, and features free WiFi and free parking. Other good options for your budget-friendly stay include Banff Rocky Mountain Resort and Banff Inn.
How many low cost hotels should I expect to find in Banff?
Choose a hotel that suits your wallet among 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, and keep 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 temp of 53°F, while the coldest months are December and February with an average of 14°F. The snowiest months in Banff are February, March, December, and November, with each month seeing an average of 8 inches of snowfall.
What is there to see and do in Banff?
Banff attracts visitors with its fantastic dining options and majestic mountain views, 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 Banff Gondola, and then look for sights and activities that cost little or nothing at all. Take in the local culture at Canada House Gallery and Whyte Museum of the Canadian Rockies, or enjoy the area's natural beauty at Tunnel Mountain.
How can I get to Banff and get around on a budget?
Scoping out the transportation options in Banff is a smart way to keep your trip affordable. If you want to explore the larger area, ride aboard one of the trains from Banff Station. Banff might not have many public transit choices so a car rental could be a reasonable alternative to see more of the area.

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