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

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Check availability on Mykonos Cheap Hotels

Tonight
Sep 24 - Sep 25
Tomorrow
Sep 25 - Sep 26
This weekend
Sep 25 - Sep 27
Next weekend
Oct 2 - Oct 4

Our top choices for Mykonos cheap hotels

A balcony with a sofa and a table, a view of windmills, and a mountainous landscape.
A terrace with stone walls, white furniture, and a view of the sea and a hill with buildings.
A modern living room with a beige armchair, a round table with a vase, and a small ottoman.

1. Mykonos Adonis Hotel

Mykonos Adonis Hotel
Mykonos
Canada
Sebastien
₩170,964
₩210,151 total
includes taxes & fees
Oct 1 - Oct 2
Mykonos Adonis Hotel
A swimming pool with lounge chairs and a view of a brightly lit building with a distinctive roof structure.
A modern hotel room with two beds, a desk with a chair, a small table, a balcony with a view, and a TV mounted on the wall.
A white building with a tree in front, a door, and a window.
A modern bedroom with a large bed, wooden headboard, a TV, and a wooden bench.

2. Maki's Place

Maki's Place
Mykonos
United States
John
₩93,821
₩114,571 total
includes taxes & fees
Oct 5 - Oct 6
Maki's Place
A white building with blue shutters, a palm tree, and outdoor seating.
A bar area with shelves of bottles, hanging lights, and bar stools.
A dining area with white wooden chairs and a table, a ceiling with exposed beams, and a painting on the wall.
A hotel room with a large bed, a wooden headboard, a bedside table with a mirror, a small wooden shelf with a vase of flowers, and a view of the city through the window.

3. Magas Hotel

Magas Hotel
Mykonos
United States
michael
₩104,928
₩122,561 total
includes taxes & fees
Oct 14 - Oct 15
Magas Hotel
A white-walled building with a stone-paved courtyard, a tree, and a door with barred windows.
A spacious living area with a dining table, white furniture, a potted plant, and a painting on the wall.
A white building with a sign reading "Hotel Milena" at the entrance.
A hotel room with two beds, each with a teal bedspread and white pillows, a white wardrobe, a painting of cacti on the wall, and a white nightstand with a lamp.

4. Milena Hotel

Milena Hotel
Mykonos
Canada
Ashley
₩74,948
₩88,429 total
includes taxes & fees
Sep 25 - Sep 26
Milena Hotel
An aerial view of a coastal town with numerous boats anchored in clear blue waters, surrounded by white buildings and a hilly landscape in the background.
A hotel room with a bed, a table with chairs, a view of a hillside village, and a balcony with a table and chairs.
A cozy room with a bed, a small table with a glass of water and macarons, a wicker chair, and a view of the sea and buildings through a blue-framed window.
An aerial view of a coastal town with white buildings, a beach, and boats in the water.

5. Erato Hotel Mykonos

Erato Hotel Mykonos
Mykonos
₩125,095
₩150,176 total
includes taxes & fees
Oct 18 - Oct 19
Erato Hotel Mykonos
A pool area with lounge chairs and umbrellas, a clear blue pool, and a view of the sea with cruise ships in the background.
A glass-enclosed lounge area with a view of a beach and a mountainous landscape.
A modern hotel room with a bed, a dining area with a table and chairs, and a chandelier.
A modern room with a wooden chair, a round mirror, a white table, a television mounted on the wall, and a wooden cabinet.

6. Grand Beach Mykonos

Grand Beach Mykonos
Mykonos
United States
Abril Corona
₩177,476
₩217,593 total
includes taxes & fees
Oct 6 - Oct 7
Grand Beach Mykonos
A wooden table with three lit candles and a hanging light fixture.
A white building with a stone entrance, balconies, and a covered porch.
A modern living room with a large bed, a dining area, and a bathtub.
A modern living room with a white sofa, a dining table with chairs, and decorative wall art.

7. Hermes Mykonos Hotel

Hermes Mykonos Hotel
Mykonos
Canada
Ramy
₩179,125
₩219,444 total
includes taxes & fees
Oct 5 - Oct 6
Hermes Mykonos Hotel
A coastal town with white buildings, a harbor with boats, and a clear blue sea.
A poolside area with lounge chairs and umbrellas, a stone archway, and a sunset view.
An outdoor seating area with a view of the sea, stone walls, and wooden ceiling.
A hotel room with a bed, a small table with a lamp, a window with curtains, and a view of the sunset.

8. Gorgona Hotel

Gorgona Hotel
Mykonos
Australia
Constantine
₩113,921
₩132,800 total
includes taxes & fees
Sep 25 - Sep 26
Gorgona Hotel
A beach with clear turquoise water, numerous umbrellas, and boats.
A spacious lobby with a reception desk, a white sofa, and a stone accent wall.
A beachside bar with outdoor seating and umbrellas, overlooking a beach with people and clear blue water.

9. Acrogiali Beachfront Hotel

Acrogiali Beachfront Hotel
Mykonos
Germany
Gerald
₩168,879
₩207,779 total
includes taxes & fees
Sep 27 - Sep 28
Acrogiali Beachfront Hotel
A pool area with lounge chairs and a thatched umbrella, overlooking a coastal town and the sea.
A variety of food items in glass jars with straws, including oats, cereal, and dried fruits.
A dining area with tables set for two, large windows offering a view of the sea and distant mountains, and a colorful artwork on the wall.
A hotel room with two beds, a large mirror, a small stool, a nightstand with a lamp, and a view of the sea through an open door.

10. Ilio Maris Hotel

Ilio Maris Hotel
Mykonos
₩163,517
₩201,666 total
includes taxes & fees
Oct 2 - Oct 3
Ilio Maris Hotel
View all properties

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

Poseidon Hotel & Suites

Poseidon Hotel & Suites

10/10 Excellent
"I have nothing but good things to say about this hotel. It's in a GREAT location--easy 5 min. walk to Mykonos Town but out of the hustle-bustle. Free transport to and from the ferry or airport. Very good breakfasts, nice pool area, spacious rooms (we had the suite). They were also very responsive to questions when I messaged them. Would recommend and definitely stay there again!"
Maurya 3-night trip
Posted 16 hours ago
Poseidon Hotel & Suites
Maki's Place

Maki's Place

10/10 Excellent
"Rooms very spacious and clean. Easy to get to Mykonos town by bus or sea bus. Quick bus ride to St. Stefanos beach. Very good restaurant on premises. Staff were very helpful."
John 3-night trip
Posted 2 days ago
Maki's Place
Myconian Ambassador Hotel Relais & Chateaux

Myconian Ambassador Hotel Relais & Chateaux

10/10 Excellent
"This is a beautiful top-notch hotel. We were greeted at the door, shown to a quiet sitting area and given a drink while a reception staff member collected our passports and checked us in. Since we were an early morning arrival and our room was not ready, we were shown where we could change and headed up to the pool to relax while we waited for our room to be prepared. The staff assured us our room would be a priority, and true to their word, it was ready for us at 1p. While we waited, we also took lunch at the poolside restaurant. It was fresh and delicious. The restaurant staff then, at lunch, and at breakfast every day could not have been any more accommodating. Speaking of breakfast, what a beautiful simple, clean, but well stocked buffet that included pretty much anything you would like to eat. What I especially appreciated was having my eggs cooked to order, since I follow a strict diet for health reasons. The nightly turn down service, the private pool, and the extra towels delivered to our door are just a few of the additional luxuries provided at this resort. Last, but equally important as all of the above was the kindness and helpfulness of the staff. They booked and cancelled transfers for us at the last minute without a moment’s hesitation. They always had a smile, a warm hello, and were ready to assist at any time. I highly recommend the Myconian Ambassador Hotel. 9/21/2026"
Dolores 2-night trip
Posted 3 days ago
Myconian Ambassador Hotel Relais & Chateaux

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 New Port or Ornos Beach, 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 New Port and Ornos Beach, 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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