A calm lake surrounded by mountains and dense forests.

Find Cheap Hotels in Banff

  • Change your mind

    Book hotels with free cancellation
  • Treat yourself

    Sign in to save 10% or more on thousands of hotels
    Sign in
  • Be picky

    Search almost a million properties worldwide

Check availability on Banff Cheap Hotels

Tonight
Sep 21 - Sep 22
Tomorrow
Sep 22 - Sep 23
This weekend
Sep 25 - Sep 27
Next weekend
Oct 2 - Oct 4

Our top choices for Banff cheap hotels

1. Buffalo Mountain Lodge

Buffalo Mountain Lodge
Tunnel Mountain District
United States
Lori
₩176,058
₩199,333 total
includes taxes & fees
Oct 22 - Oct 23
Buffalo Mountain Lodge

2. Brewster Mountain Lodge

Brewster Mountain Lodge
Downtown District
United States
Rebecca
₩199,592
₩225,979 total
includes taxes & fees
Oct 19 - Oct 20
Brewster Mountain Lodge

3. The Fox Hotel and Suites

The Fox Hotel and Suites
Uptown District
Canada
Jason
₩197,606
₩223,729 total
includes taxes & fees
Oct 19 - Oct 20
The Fox Hotel and Suites

4. Banff Aspen Lodge

Banff Aspen Lodge
Uptown District
Canada
Matt
₩227,396
₩257,454 total
includes taxes & fees
Oct 18 - Oct 19
Banff Aspen Lodge

5. Mount Royal Hotel

Mount Royal Hotel
Downtown District
Canada
Huilin
₩213,592
₩243,914 total
includes taxes & fees
Oct 20 - Oct 21
Mount Royal Hotel

6. Banff Park Lodge

Banff Park Lodge
Downtown District
Canada
WallaceOilfield
₩194,974
₩220,750 total
includes taxes & fees
Oct 18 - Oct 19
Banff Park Lodge

7. Elk + Avenue Hotel

Elk + Avenue Hotel
Downtown District
United States
John
₩151,034
₩173,088 total
includes taxes & fees
Oct 20 - Oct 21
Elk + Avenue Hotel

8. Canalta Hotel Lodge

Canalta Hotel Lodge
Uptown District
United States
NILESH
₩204,656
₩231,725 total
includes taxes & fees
Oct 18 - Oct 19
Canalta Hotel Lodge

9. Banff Inn

Banff Inn
Uptown District
United States
CLAIRE
₩176,147
₩221,418 total
includes taxes & fees
Oct 18 - Oct 19
Banff Inn

10. Charltons Banff

Charltons Banff
Uptown District
Canada
Gurdeep
₩135,931
₩175,886 total
includes taxes & fees
Oct 18 - Oct 19
Charltons Banff
View all properties

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

Rundlestone Lodge

Rundlestone Lodge

8/10 Good
"Everything was good specially we like the pool inside the hotel wonderful"
parminder 1-night trip
Posted 1 hour ago
Rundlestone Lodge
Douglas Fir Resort and Chalets

Douglas Fir Resort and Chalets

8/10 Good
"The location was excellent and easy to take the ROAM bus to areas in Banff, QUite and peaceful. Our room needed an update and a good deep cleaning. The range didn’t work very well. Housekeeping staff was attentive to our needs."
Marcia Lea 4-night trip
Posted 12 hours ago
Douglas Fir Resort and Chalets
Banff Rocky Mountain Resort

Banff Rocky Mountain Resort

8/10 Good
"Great for the price on just the edge of town, with a shuttle. Could use a little tlc (just wear and tear of a slightly older facility), touching up their paint on outside etc. overall I would stay again as I think it is insane to pay $1000 or more a night for the stuff in town. They were super friendly. And it was nice having a little kitchen."
Kara 5-night trip
Posted 12 hours ago
Banff Rocky Mountain Resort
Banff Park Lodge

Banff Park Lodge

10/10 Excellent
"We couldn’t have asked for a more pleasant stay. The staff were most accommodating, the good was excellent at each restaurant. Our only complaint was the hvac unit in our room. It was extremely loud and blew like a hurricane wind in our room! We ended up shutting it off for the peace and comfort. The concierge staff were also most helpful and friendly. The hotel is very comfortable to walk around both inside and outside. The views are breathtaking ! We will cherish our memories of a very fine and perfect stay at this magnificent hotel."
Carol 2-night trip
Posted 14 hours ago
Banff Park Lodge
Canalta Hotel Lodge

Canalta Hotel Lodge

8/10 Good
"Location was good and staff was helpful. Breakfast was poor."
mary 2-night trip
Posted 15 hours ago
Canalta Hotel Lodge
Banff Aspen Lodge

Banff Aspen Lodge

10/10 Excellent
"Great location, staff very helpful in getting us parked onsite, and bus directions. Better than expected, will stay again!"
Matt 1-night trip
Posted 15 hours ago
Banff Aspen Lodge
Royal Canadian Lodge

Royal Canadian Lodge

10/10 Excellent
"Great location and staff was friendly and helpful. Rooms and bathrooms updated with Canadian Rockies decor."
Cynthia 3-night trip
Posted 3 days ago
Royal Canadian Lodge

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. 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, The Fox Hotel and Suites 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 Banff Inn.
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 Canada House Gallery and Whyte Museum of the Canadian Rockies, 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.

Explore a world of travel with Expedia