Find Cheap Hotels in Banff

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Our top choices for Banff cheap hotels

The Dorothy Motel

The Dorothy Motel
3.0 star property
Uptown District
9.2 out of 10, Wonderful, (1002)
"Clean room, great staff, use of the facilities at the canoe is a big bonus!"
Canada
Avery
The price is ₩148,798
₩165,434 total
includes taxes & fees
Jan 5 - Jan 6, 2026
The Dorothy Motel

Best Western Plus Banff International Lodge

Best Western Plus Banff International Lodge
2.5 star property
Uptown District
8.8 out of 10, Excellent, (1211)
"Great service, cleaned room and good breakfast "
Canada
Anil
The price is ₩213,027
₩236,845 total
includes taxes & fees
Dec 23 - Dec 24
Best Western Plus Banff International Lodge

Banff Inn

Banff Inn
3.0 star property
Uptown District
8.8 out of 10, Excellent, (1213)
"great location, walking distance to downtown and various restaurants."
Canada
Monica Trejo
Banff Inn

The Kenrick Hotel

The Kenrick Hotel
3.0 star property
Uptown District
9.4 out of 10, Exceptional, (96)
"Clean and comfortable hotel, loved how small it was. Easy access to the pool for the family. Really great set up for families!"
Canada
Leigh
The price is ₩249,531
₩277,428 total
includes taxes & fees
Jan 5 - Jan 6, 2026
The Kenrick Hotel

Brewster Mountain Lodge

Brewster Mountain Lodge
3.0 star property
Downtown District
9.2 out of 10, Wonderful, (1667)
"Easy check in and check out, clean room, comfortable bed, excellent location to the main street, nice breakfast spread, all at an affordable price - what more could you want!"
United States
ERIK
The price is ₩166,675
₩185,312 total
includes taxes & fees
Jan 4 - Jan 5, 2026
Brewster Mountain Lodge

Royal Canadian Lodge

Royal Canadian Lodge
4.0 star property
Uptown District
9.0 out of 10, Wonderful, (1047)
"Nice quiet hotel"
Canada
Kathryn
Royal Canadian Lodge

Red Carpet Inn

Red Carpet Inn
2.5 star property
Uptown District
8.2 out of 10, Very Good, (1006)
"Enjoying our gals weekend: perfect spot!"
Canada
DONNA
The price is ₩138,093
₩153,529 total
includes taxes & fees
Jan 4 - Jan 5, 2026
Red Carpet Inn

Bow View Lodge

Bow View Lodge
2.0 star property
Downtown District
8.4 out of 10, Very Good, (1004)
"Well situated, easy parking."
Canada
SARA
The price is ₩127,870
₩142,172 total
includes taxes & fees
Jan 7 - Jan 8, 2026
Bow View Lodge

Elk + Avenue Hotel

Elk + Avenue Hotel
3.0 star property
Downtown District
9.0 out of 10, Wonderful, (1836)
"great location, easy travel, friendly staff"
Canada
Silvana
The price is ₩180,913
₩203,286 total
includes taxes & fees
Jan 5 - Jan 6, 2026
Elk + Avenue Hotel

Banff Aspen Lodge

Banff Aspen Lodge
3.0 star property
Uptown District
9.4 out of 10, Exceptional, (1311)
"Easy to access, on the main street, great breakfast, great accommodations! I would definitely stay here next time."
Canada
Ricardo
The price is ₩180,913
₩201,145 total
includes taxes & fees
Jan 6 - Jan 7, 2026
Banff Aspen Lodge
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 offers a variety of cheap accommodations and places to visit, making it a great choice for a budget-friendly getaway. You can find ways to save money while getting to know this destination, which is home to attractions like Tunnel Mountain, Bow Falls, and Cave and Basin National Historic Site.
What's the best budget-friendly accommodation in Banff?
Based on reviews, Banff Caribou Lodge and Spa 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 The Fox Hotel and Suites.
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 majestic mountain views and lakeside setting, and offers plenty to see and do without spending a fortune. You can budget for the local attractions that interest you most, and then make time for activities that cost very little. Check out the area's cultural spots like Whyte Museum of the Canadian Rockies and Banff Park Museum, or get outdoors 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.