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Our top choices for Mykonos cheap hotels

Maki's Place

Maki's Place
3.0 star property
Mykonos
9.6 out of 10, Exceptional, (573 reviews)
"Was very nice, food was great as well as the staff was terrific."
United States
Jack
Maki's Place

Boho Friends

Boho Friends
Mikonos
The price is ₩197,318
₩228,145 total
includes taxes & fees
Jun 29 - Jun 30
Boho Friends

Anna Maria Mykonos Hotel

Anna Maria Mykonos Hotel
3.0 star property
Mykonos
9.6 out of 10, Exceptional, (143 reviews)
"The hotel was beautiful and the staff were absolutely wonderful and so lovely and accommodating. The rooms, especially the bathroom and shower, were lovely and very clean. The pool was also a great amenity and the breakfast was amazing, we ate it every day!! We received a complimentary upgrade to our room and fantastic service the entire week. Thank you so much!!!!"
Canada
Lily
The price is ₩170,869
₩203,302 total
includes taxes & fees
Jun 29 - Jun 30
Anna Maria Mykonos Hotel

Hermes Mykonos Hotel

Hermes Mykonos Hotel
4.0 star property
Mykonos
9.6 out of 10, Exceptional, (953 reviews)
"Fantastic location, staff and place!"
United States
Patricia
The price is ₩421,622
₩497,535 total
includes taxes & fees
Jul 2 - Jul 3
Hermes Mykonos Hotel

Magas Hotel

Magas Hotel
2.0 star property
Mykonos
8.4 out of 10, Very Good, (653 reviews)
"Comfortable, friendly staff"
United Kingdom
Patti
The price is ₩226,185
₩261,024 total
includes taxes & fees
Jun 27 - Jun 28
Magas Hotel

Matogianni Hotel

Matogianni Hotel
2.0 star property
Mykonos
8.6 out of 10, Excellent, (453 reviews)
"clean room a well located in the middle if the beautiful Mykonos old town"
Canada
Manuel
The price is ₩148,433
₩172,489 total
includes taxes & fees
Jun 28 - Jun 29
Matogianni Hotel

Grand Beach Mykonos

Grand Beach Mykonos
4.0 star property
Mykonos
9.4 out of 10, Exceptional, (498 reviews)
"Excellent location, very friendly staff, and extremely clean throughout. I was very happy with my stay and would highly recommend this hotel."
United Kingdom
Naser
The price is ₩387,715
₩458,919 total
includes taxes & fees
Jul 8 - Jul 9
Grand Beach Mykonos

Villa Oceania

Villa Oceania
Mykonos
9.6 out of 10, Exceptional, (91 reviews)
"Very helpful, clean, allowed an early check in. Thanks for the stay."
Australia
Alastair
The price is ₩272,560
₩313,806 total
includes taxes & fees
Jun 30 - Jul 1
Villa Oceania

Dimele Rooms & Studios

Dimele Rooms & Studios
1.0 star property
Mykonos
9.4 out of 10, Exceptional, (217 reviews)
"Room was extremely clean and frequently cleaned and restocked with snacks, water, and coffee. There was shower amenities, beach towels,and a balcony view of the ocean down the hallway from our room. Also incredible location right next to Mykonos old town and the bus station. Also the receptionist Eleftheria gave us great recommendations for what to do and where to eat. All for an affordable price. Would recommend."
United States
Alexander
The price is ₩265,863
₩306,181 total
includes taxes & fees
Jun 29 - Jun 30
Dimele Rooms & Studios

Omvrodektis Village

Omvrodektis Village
Mykonos
10.0 out of 10, Exceptional, (1 review)
"This is a very nice new hotel with a small kitchen in every room. We noticed attention to every detail, clean room, perfect silence when closing windows, and a 5 minute walk from the Mykonos Airport. George was the perfect manager during our stay, helping with our luggage when checking out for an early flight - he personally took us to the airport in his car because of the 4:30 AM scheduled Aegean Air check in. No extra fees........ Taxis to Old Town or to the New Port costs around Euro $ 30 to...
United States
Carlos
The price is ₩230,243
₩265,629 total
includes taxes & fees
Jun 27 - Jun 28
Omvrodektis Village
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 Mykonos

Discover cheap things to do in Mykonos

Mykonos, a gem in the South Aegean, offers a blend of vibrant culture and stunning landscapes, perfect for budget-conscious travelers. Start your adventure at the iconic Mykonos Windmills, where you can capture breathtaking views of the island without spending a dime. Stroll through the charming streets of Mykonos Town, also known as Chora, and enjoy window shopping at local boutiques and art galleries, soaking up the bohemian atmosphere. For a taste of local culture, visit the Archaeological Museum of Mykonos; entry is reasonably priced and gives you insight into the island's rich history. Head to the famous beaches, like Elia and Agios Sostis, where you can relax or enjoy a picnic with affordable snacks from nearby markets. The neighborhood of Ornos is particularly appealing for budget travelers, offering a variety of cozy hotels that provide excellent value and easy access to both the beach and local tavernas. Here, you can savor hearty Greek meals without breaking the bank while enjoying the warm hospitality characteristic of this vibrant island.

Find the best cheap hotels in Mykonos

Travelers seeking affordable yet comfortable accommodations in Mykonos will find these five hotels perfect for their needs. Each offers essential amenities and great service without breaking the bank.

Hotel Madalena

  • Why it's great for a budget-friendly vacation: For cost-conscious travelers, Hotel Madalena is an excellent choice, a stellar review rating of 9.4. This hotel offers essential budget-friendly amenities such as free continental breakfast, 24-hour airport shuttle, and free Wi-Fi, ensuring that guests enjoy a straightforward stay at an affordable price.
  • Other amenities: Beyond the basics, guests can take advantage of free self-parking, a refreshing pool, and a lovely terrace to soak in the surroundings. The hotel also provides beach towels, easy access to windsurfing, snorkeling, and hiking opportunities nearby, making it an ideal base for exploring Mykonos while keeping costs in check.
  • Nearby attractions: Mykonos Old Port - 0.54 miles, Tourlos Beach - 0.82 miles, Matoyianni Street - 0.8 miles

Top Mykonos Hotel Reviews

Frequently asked questions

What is Mykonos like for travelers on a budget?
Discover low cost places to stay in Mykonos on Expedia.com and book a vacation that fits your budget. Mykonos is a destination that travelers visit for its bar scene and fantastic dining options. You can browse a wide selection of hotels and other accommodations with Member Prices to score the best deal for you. With our site's convenient page filters, you can search by your price range, or by favorite amenities like free breakfast and free parking. If you're hoping for reasonable options around local sights, such as Mykonos Old Port or Mykonos New Port, try out the location filters to narrow down your search. As you browse, click the heart button to save your favorites so that you can come back to them when you're ready to book. Need a flight or a car for your trip? Take your pick of the vacation packages available under Bundle and Save and discover huge discounts when you reserve your transportation 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, and keep 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 temp of 75°F, while the coldest months are January and February with an average of 56°F. Average annual precipitation for Mykonos is 15 inches.
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 Old Port and 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 most convenient airport is 1.3 mi (2 km) from the center in Mykonos Island National Airport (JMK). 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 explore your water travel options at the port.

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