The Best Cheap Hotels in Mountain Lake, VA from ￥15,218 in 2026

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Our top choices for Mountain Lake cheap hotels

A Red Carpet Inn with a covered parking area and several cars parked.

A hotel room with two beds, floral artwork on the walls, a bedside lamp, and a microwave.

A parking lot with several luxury cars, including a blue Ferrari and a black Lexus. In the background, there is a building with a sign that reads "IMAX" and another sign for "CineBowl & Grill."

A room with a dining table, chairs, a flat-screen TV, a clock, a framed picture, and a kitchenette with cabinets and appliances.

1. Red Carpet Inn Blacksburg

Grissom - Highland

Andrew

￥17,414

￥19,556 total

includes taxes & fees

Oct 13 - Oct 14

A hotel with a modern exterior, featuring a stone facade and a covered entrance.

A reception desk with a white counter, a wooden wall, and a black mat with text.

A hotel room with a large bed, two bedside lamps, a chair, a desk, and a window with curtains.

A gym with treadmills, elliptical machines, and dumbbells.

2. Wingate by Wyndham Christiansburg

Christiansburg

Yves

￥9,866

￥11,277 total

includes taxes & fees

Nov 8 - Nov 9

View all properties

Top Mountain Lake Hotel Reviews

Comfort Inn Blacksburg University Area

10/10 Excellent

"Nice place to stay. We stayed 1 night so we could take our dog Hercules to the vet at Virginia Tech and it was a wonderful place to stay and very pet friendly. Will stay there again for sure for the next vet visit!!!!"

SureStay Hotel by Best Western Christiansburg Blacksburg

10/10 Excellent

"It was ok for one night quick visit of my daughter in Virginia Tech."

La Quinta Inn by Wyndham Radford

8/10 Good

"Room exceptionally clean staff was very welcoming"

Frequently asked questions

What is Mountain Lake like for travelers on a budget?

Check out cheap places to stay in Mountain Lake on Expedia.com and plan a getaway that fits your budget. You can scroll through a wide selection of hotels and other types of accommodation with Member Prices to score the best deal for you. Guided by our site's handy page filters, you can limit results by price per night, or by top amenities like free parking and free breakfast. If you're interested in affordable options near specific attractions, try filtering by location to refine your search. While you browse, click the heart button to save your favorites so that it's easy to find them when you're ready to book. Interested in a flight or a rental car too? Take a look at the Bundle and Save travel packages and discover huge discounts by arranging transportation at the same time.

When is the best time for a budget trip to Mountain Lake?

Weather is probably a major factor when you plan your trip to Mountain Lake, 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 69°F, while the coldest months are January and February with an average of 37°F. Average annual precipitation for Mountain Lake is 41 inches.

What is there to see and do in Mountain Lake?

You won't need to spend big to get to know Mountain Lake. You can budget for the local attractions that interest you most, and then plan some activities that cost very little. If you're eager to get outdoors, you can enjoy the natural setting at Cascade Falls, New River Junction, or New River.

How can I get to Mountain Lake and get around on a budget?

Checking out these ways to get around Mountain Lake is a smart way to keep your trip affordable. The closest airport is Roanoke Regional Airport (ROA), situated 31.2 mi (50.2 km) away. Mountain Lake might not have very many public transit options so renting a car could be an economical alternative to explore more of the area.