A calm lake surrounded by mountains and dense forests.

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Our top choices for Banff cheap hotels

A Good Nite's Rest Bed and Breakfast

A Good Nite's Rest Bed and Breakfast
2.5 star property
Uptown District
8.6 out of 10, Excellent, (267 reviews)
"Good breakfast options and so convenient to town"
United States
Susan
The price is ₩593,581
₩658,875 total
includes taxes & fees
Jul 3 - Jul 4
A Good Nite's Rest Bed and Breakfast

HI Banff Alpine Centre - Hostel

HI Banff Alpine Centre - Hostel
2.0 star property
Tunnel Mountain District
8.2 out of 10, Very Good, (572 reviews)
"the misses and i stayed two nights with friends The atmosphere was great and there are plenty of activities around to enjoy."
Canada
Brendan
The price is ₩317,874
₩359,890 total
includes taxes & fees
Jul 23 - Jul 24
HI Banff Alpine Centre - Hostel

Banff International Hostel

Banff International Hostel
1.5 star property
Uptown District
7.6 out of 10, Good, (394 reviews)
"Excellent location"
Canada
Luiza Erica
The price is ₩567,632
₩642,678 total
includes taxes & fees
Jul 3 - Jul 4
Banff International Hostel

Douglas Fir Resort and Chalets

Douglas Fir Resort and Chalets
3.0 star property
Tunnel Mountain District
8.0 out of 10, Very Good, (4,161 reviews)
"Great place to stay"
Canada
Phil
The price is ₩474,649
₩537,397 total
includes taxes & fees
Jul 5 - Jul 6
Douglas Fir Resort and Chalets

Bow View Lodge

Bow View Lodge
2.0 star property
Downtown District
8.4 out of 10, Very Good, (1,005 reviews)
"nice place"
Canada
Cam
The price is ₩523,790
₩593,030 total
includes taxes & fees
Jul 5 - Jul 6
Bow View Lodge

The Juniper Hotel

The Juniper Hotel
3.0 star property
Banff
9.0 out of 10, Wonderful, (1,003 reviews)
"Helpful staff, and very comfortable stay. We enjoyed our stay."
United States
Ibraheem
The price is ₩604,393
₩705,919 total
includes taxes & fees
Jul 11 - Jul 12
The Juniper Hotel

Banff Inn

Banff Inn
3.0 star property
Uptown District
8.8 out of 10, Excellent, (1,257 reviews)
"Clean room and great location."
United States
Clayton
The price is ₩575,871
₩675,937 total
includes taxes & fees
Jul 3 - Jul 4
Banff Inn

Charltons Banff

Charltons Banff
3.0 star property
Uptown District
8.4 out of 10, Very Good, (1,035 reviews)
"Good hotel, excellent location"
United States
Zhihui
The price is ₩544,062
₩639,911 total
includes taxes & fees
Jul 5 - Jul 6
Charltons Banff

Best Western Plus Banff International Lodge

Best Western Plus Banff International Lodge
2.5 star property
Uptown District
8.8 out of 10, Excellent, (1,301 reviews)
"Amazing stay"
Canada
Tavleen
The price is ₩863,883
₩978,088 total
includes taxes & fees
Jul 1 - Jul 2
Best Western Plus Banff International Lodge

King Edward Hotel

King Edward Hotel
2.5 star property
Downtown District
7.2 out of 10, Good, (1,006 reviews)
"Clean, great area, and warm staff"
United States
Alisha
The price is ₩500,809
₩578,354 total
includes taxes & fees
Jul 6 - Jul 7
King Edward Hotel
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.

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

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 Upper Hot Springs and 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, Banff Rocky Mountain Resort 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 The Fox Hotel and Suites and Banff Caribou Lodge and Spa.
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 popular local attractions that are highest on your list, such as Upper Hot Springs and Banff Gondola, and choose other low-cost activities to fill your itinerary. Take in the local culture at Whyte Museum of the Canadian Rockies and Banff Park Museum, 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.