A calm lake surrounded by mountains and dense forests.

Banff Hotel Guide - Cheap Hotels in Banff, Alberta

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Check availability on Banff Cheap Hotels

Tonight
10 Oct - 11 Oct
Tomorrow
11 Oct - 12 Oct
Next weekend
16 Oct - 18 Oct
In two weeks
23 Oct - 25 Oct

Our top choices for Banff cheap hotels

1. Elk + Avenue Hotel

Elk + Avenue Hotel
Downtown District
United States
John
€109
includes taxes & fees
29 Oct - 30 Oct
Elk + Avenue Hotel

2. Charltons Banff

Charltons Banff
Uptown District
United Kingdom
Kenneth
€98
includes taxes & fees
26 Oct - 27 Oct
Charltons Banff

3. Bow View Lodge

Bow View Lodge
Downtown District
United States
Sherry
€85
includes taxes & fees
29 Oct - 30 Oct
Bow View Lodge

4. Banff Inn

Banff Inn
Uptown District
Canada
Cherie
€111
includes taxes & fees
8 Nov - 9 Nov
Banff Inn

5. Rundlestone Lodge

Rundlestone Lodge
Uptown District
Canada
Sarah
€106
includes taxes & fees
29 Oct - 30 Oct
Rundlestone Lodge

6. Banff Aspen Lodge

Banff Aspen Lodge
Uptown District
Canada
Liana
€134
includes taxes & fees
27 Oct - 28 Oct
Banff Aspen Lodge

7. Douglas Fir Resort and Chalets

Douglas Fir Resort and Chalets
Tunnel Mountain District
Canada
Almie
€106
includes taxes & fees
13 Oct - 14 Oct
Douglas Fir Resort and Chalets

8. HI Banff Alpine Centre - Hostel

HI Banff Alpine Centre - Hostel
Tunnel Mountain District
Canada
Damarys
€80
includes taxes & fees
27 Oct - 28 Oct
HI Banff Alpine Centre - Hostel

9. Best Western Plus Banff International Lodge

Best Western Plus Banff International Lodge
Uptown District
Canada
Thomas
€141
includes taxes & fees
25 Oct - 26 Oct
Best Western Plus Banff International Lodge

10. Banff International Hostel

Banff International Hostel
Uptown District
Canada
Joshua
€106
includes taxes & fees
1 Nov - 2 Nov
Banff International Hostel
View all properties

Find out more about Banff

Discover cheap things to do in Banff

For budget-conscious travellers keen on exploring the beauty of Banff, Alberta, there’s much to enjoy without breaking the bank. Start with a visit to the stunning Bow Falls, where the thundering water cascades provide a perfect backdrop for a scenic picnic – pack your own lunch to save on dining costs. For the adventurous, the Banff Gondola offers breathtaking views of the Rockies, and if you book in advance, you can snag a deal that makes this experience a worthwhile splurge. Hiking trails , with the Tunnel Mountain trail being a local favourite that’s both manageable and rewarding, revealing spectacular vistas of the town below. Additionally, the Banff Park Museum offers free admission, giving families a chance to delve into the region's natural history. When it comes to dining, head to the local food trucks for delicious, budget-friendly meals that provide a taste of Banff’s culinary scene without the hefty price tag. For accommodation, consider staying in the centrally located Banff Avenue area, where options range from charming motels to hostels. This area not only places you within walking distance of shops and eateries but also provides easy access to the town's many attractions, making it a fantastic base for both relaxation and adventure.

Find the best cheap hotels in Banff

For budget-conscious travellers visiting Banff, Alberta, there are several excellent hotels that offer great value without compromising on comfort. Here are some top picks to consider for an affordable yet enjoyable stay.Peaks Hotel and Suites

  • Why it's great for a budget-friendly vacation: Peaks Hotel and Suites presents an excellent accommodation choice for budget travellers seeking comfort and convenience in Banff. With an excellent review rating of 9.6, the hotel offers free Wi-Fi to keep travelers connected and informed during their stay. The location in Downtown District allows easy access to local attractions and activities, making it a popular choice for visitors.
  • Other amenities: Guests can enjoy additional features such as covered self-parking and access to hot springs for a relaxing experience. The hotel includes a hot tub and fitness facilities nearby, catering to wellness-oriented travellers. A kitchenette option is available for those who prefer to prepare their own meals, while ski storage and nearby skiing activities provide ample opportunity for winter sports enthusiasts.
  • Neighborhood: Downtown District
  • Nearby attractions: Bow River - 0.3 km, Banff Legacy Trail - 0.3 km, Minnewanka Loop / Lake Johnson - 0.4 km

Banff Aspen Lodge

  • Why it's great for a budget-friendly vacation: The Banff Aspen Lodge is a fantastic option for budget-savvy travelers who still want a touch of comfort during their stay. Boasting a stellar review rating of 9.4, this lodge offers free weekend buffet breakfast and Wi-Fi, along with complimentary toiletries to enhance the traveler experience. The hot tub and relaxing mineral springs provide a perfect retreat after a day of exploring the stunning surroundings.
  • Other amenities: This lodge also features free self-parking, ensuring that travelers can enjoy the convenience of their own transportation. Situated in the Uptown District, it offers easy access to local attractions. The hotel welcomes pets, allowing travellers to bring their furry friends along. Other amenities include ski storage, nearby skiing and snowboarding activities, and a concierge service to assist with planning adventures in the area.
  • Neighborhood: Uptown District
  • Nearby attractions: Banff National Park Information Centre - 0.3 km, Banff Lake Louise Tourism Bureau - 0.3 km, Banff Legacy Trail - 0.4 km

Brewster Mountain Lodge

  • Why it's great for a budget-friendly vacation: Brewster Mountain Lodge is an exceptional choice for budget-conscious travellers, a remarkable review rating of 9.2. Guests can enjoy a complimentary continental breakfast daily, perfect for fueling up before a day of exploring. The hotel also offers convenient amenities such as free Wi-Fi and an onsite ski shuttle, making it easy to access the nearby slopes without any hassle.
  • Other amenities: This lodge provides additional features that enhance the guest experience, including free toiletries, onsite shopping, and a comfortable common area for relaxation. Nearby, guests can find golf opportunities, as well as access to hot springs and hiking trails, adding to the adventure. Self-parking options and daily housekeeping ensure a convenient and pleasant stay.
  • Neighborhood: Downtown District
  • Nearby attractions: Banff Legacy Trail - 0.2 km, Minnewanka Loop / Lake Johnson - 0.3 km, Central Park - 0.3 km

The Elk & Avenue Hotel

  • Why it's great for a budget-friendly vacation: The Elk & Avenue Hotel is a great value choice for budget-conscious travellers aiming to explore Banff. With a solid traveler review rating of 9.0, this hotel offers complimentary Wi-Fi and free toiletries for a straightforward stay. The hotel’s location in the Downtown District makes it convenient for travelers to access local shops and restaurant options easily.
  • Other amenities: Guests will appreciate features such as covered self-parking and access to nearby hot springs for relaxation. The hotel also offers a hot tub, making it a perfect spot to unwind after a day of outdoor activities. Nearby skiing opportunities, snowboarding, and snowshoeing cater to adventure seekers, while a concierge service is available to assist with local recommendations and bookings.
  • Neighborhood: Downtown District
  • Nearby attractions: Banff National Park Information Centre - 0.1 km, Banff Lake Louise Tourism Bureau - 0.1 km, Banff Legacy Trail - 0.2 km

Banff Ptarmigan Inn

  • Why it's great for a budget-friendly vacation: Banff Ptarmigan Inn is an affordable choice for travellers looking for comfort without breaking the bank. With a review rating of 8.8, this inn provides essential amenities such as free toiletries, Wi-Fi, and complimentary self-parking. The hotel’s location in the Downtown District makes it easy for travelers to explore Banff’s vibrant local culture.
  • Other amenities: The inn features a hot tub, perfect for unwinding after a day of adventure, and offers ski passes for those eager to hit the slopes. Nearby snow tubing and snowshoeing options are available for winter sports lovers. For added convenience, travelers can enjoy services like concierge assistance and access to nearby hot springs for relaxation after an active day.
  • Neighborhood: Downtown District
  • Nearby attractions: Banff National Park Information Centre - 0.1 km, Banff Lake Louise Tourism Bureau - 0.1 km, Banff Legacy Trail - 0.3 km

Top Banff Hotel Reviews

Buffalo Mountain Lodge

Buffalo Mountain Lodge

10/10 Excellent
"Great accommodations, only one real problem with the room that could not be fixed so the staff quickly assigned us another room, Everyone is friendly, food was great, hot tub rocked after a long day of hiking!"
Bryan 8-night trip
Posted 3 hours ago
Buffalo Mountain Lodge
Banff Inn

Banff Inn

10/10 Excellent
"Great location, clean and comfortable."
Timea 2-night trip
Posted 12 hours ago
Banff Inn
Banff Aspen Lodge

Banff Aspen Lodge

10/10 Excellent
"Hotel was clean and updated. Courtyard hot tub was excellent."
Logan 2-night trip
Posted 16 hours ago
Banff Aspen Lodge
Banff Rocky Mountain Resort

Banff Rocky Mountain Resort

10/10 Excellent
"There was excellent communication when you asked about anything you needed and directions ."
Thomas 2-night trip
Posted 19 hours ago
Banff Rocky Mountain Resort
Banff Caribou Lodge and Spa

Banff Caribou Lodge and Spa

8/10 Good
"Staff were extremely helpful and friendly. Breakfast at the Keg was very good. Older hotel with no fans in the bathrooms, and despite renovations showing its age in places. Free 3 day bus pass to get around Banff an excellent freebie."
Lori 2-night trip
Posted 19 hours ago
Banff Caribou Lodge and Spa
Banff Park Lodge

Banff Park Lodge

10/10 Excellent
"Check in was quick and easy with helpful staff. The room was very big and spacious and was quiet. The only issue with the room was the pillows were not the best and were quite flat and unsupportive. The onsite pool was very nice too. They had a restaurant onsite which we didn't try but good to know was there. They are also doing renovation work currently (which didn't disturb us) but they are building a new cafe too which will be a nice addition to the site."
Callum 3-night trip
Posted 20 hours ago
Banff Park Lodge
The Fox Hotel and Suites

The Fox Hotel and Suites

10/10 Excellent
"Great location, friendly and helpful staff. The hot tub was great after a day of hiking. It was quiet. The room (we had a King Suite) was very spacious and comfortable. Having a Chili's Restaurant in the hotel was very convenient as we ate there a couple of times. Would stay there again."
David E 8-night trip
Posted 21 hours ago
The Fox Hotel and Suites
Canalta Hotel Lodge

Canalta Hotel Lodge

10/10 Excellent
"This was our second stay at the Canalta Lodge, and we were just as pleased the second time as the first. The property and room was clean and well maintained. The breakfast was great, and we loved the ease of the parking for this lodge. Definitely recommend the Canalta Lodge!"
Harry 3-night trip
Posted 1 day ago
Canalta Hotel Lodge
Elk + Avenue Hotel

Elk + Avenue Hotel

10/10 Excellent
"Great property, great location. Would recommend."
Cale 1-night trip
Posted 2 days ago
Elk + Avenue Hotel

Frequently asked questions

What is Banff like for travellers on a budget?
Banff has cheap accommodation options and a range of things to see and do, making it a great getaway spot for budget travellers. You can find ways to save money while getting to know this destination, which is home to attractions such as Tunnel Mountain, Bow Falls and Cave and Basin National Historic Site.
What's the best accommodation for a budget-friendly stay in Banff?
Based on reviews, Banff Rocky Mountain Resort is a popular hotel for our travellers who want a more economical choice, and features free Wi-Fi and free parking. Other good choices for your budget-friendly stay include The Fox Hotel and Suites and Banff Caribou Lodge and Spa.
How many budget hotels will I be able to find in Banff?
Choose a hotel that suits your wallet from 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, but bear 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 temperature of 12°C, while the coldest months are December and February, with an average of -10°C. The snowiest months in Banff are February, March, December and November, with each month seeing an average of 19 cm 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 fill your itinerary with sights that cost little or nothing at all. 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 can help keep you on budget. To see more of the larger area, take a train from Banff Station. Banff might not have many public transport choices so renting a car could be a reasonable alternative to see more of the area.

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