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

Mykonos Hotel Guide - Cheap Hotels in Mykonos, South Aegean

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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, (576 reviews)
"Was very nice, food was great as well as the staff was terrific."
United States
Jack
The price is €176
includes taxes & fees
8 Jul - 9 Jul
Maki's Place

Olia Hotel

Olia Hotel
3.0 star property
Mykonos
8.8 out of 10, Excellent, (495 reviews)
"Convenient location to new port ferries"
United States
Julie
The price is €126
includes taxes & fees
10 Jul - 11 Jul
Olia Hotel

Milena Hotel

Milena Hotel
1.0 star property
Mykonos
9.8 out of 10, Exceptional, (313 reviews)
"Good location, very clean, super comfortable, staff was welcoming and attentive, I’ll definitely stay here again when I come back to Mykonos"
United States
Aldana
The price is €142
includes taxes & fees
13 Jul - 14 Jul
Milena Hotel

Flaskos Luxury Suites

Flaskos Luxury Suites
Mykonos
9.6 out of 10, Exceptional, (275 reviews)
"This hotel is in excellent location- close to cruise ship port. Beautiful hotel and excellent restaurant on site. Highly recommend."
United States
Lester
The price is €221
includes taxes & fees
26 Jul - 27 Jul
Flaskos Luxury Suites

Tropicana Hotel

Tropicana Hotel
4.0 star property
Mykonos
The price is €234
includes taxes & fees
14 Jul - 15 Jul
Tropicana 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 €119
includes taxes & fees
6 Jul - 7 Jul
Matogianni Hotel

Anna Maria Mykonos Hotel

Anna Maria Mykonos Hotel
3.0 star property
Mykonos
9.6 out of 10, Exceptional, (146 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 €163
includes taxes & fees
6 Jul - 7 Jul
Anna Maria Mykonos Hotel

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 €181
includes taxes & fees
6 Jul - 7 Jul
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 €140
includes taxes & fees
9 Jul - 10 Jul
Dimele Rooms & Studios

The TownHouse Mykonos

The TownHouse Mykonos
5.0 star property
Mykonos
10.0 out of 10, Exceptional, (76 reviews)
"My lady and I had such a good time. The staff was amazing. Thank you so much."
United States
Winston
The price is €239
includes taxes & fees
6 Jul - 7 Jul
The TownHouse Mykonos
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

For budget-conscious travellers seeking an adventure in Mykonos, the island offers a delightful mix of affordable activities and memorable experiences. Start your exploration at the iconic Mykonos Windmills, where you can soak in stunning views of the island without spending a dime. A stroll through the charming streets of Mykonos Town, with its whitewashed buildings and vibrant bougainvillaea, is a wonderful way to experience the local culture—perfect for those who love wandering and snapping photos. Head to the beaches, like Platis Gialos, where you can enjoy a day of sunbathing or swimming, and grab a reasonably priced meal at a nearby taverna offering fresh seafood and traditional Greek dishes. For an enriching experience, visit the Archaeological Museum of Mykonos, which has an affordable entry fee and showcases fascinating artefacts from the island's rich history. For accommodation, consider staying in the quieter area of Agios Stefanos, known for its stunning sunsets and a more relaxed atmosphere, where you can find a range of budget hotels. This area not only provides convenient access to the beach but also allows you to enjoy the local dining scene without breaking the bank. With a blend of culture, relaxation, and affordability, Mykonos is perfect for those who seek quality experiences without the hefty price tag.

Find the best cheap hotels in Mykonos

For budget-conscious travellers heading to Mykonos, these hotels provide exceptional value without compromising on comfort and amenities. Each option offers unique features to ensure a pleasant stay at an affordable price.

Hotel Madalena

  • Why it's great for a budget-friendly vacation: Ideal for budget travellers, Hotel Madalena stands out with its impressive guest review rating of 9.4. This hotel offers a range of free amenities, including a daily continental breakfast and Wi-Fi, ensuring guests enjoy a comfortable stay without breaking the bank. The 24-hour airport shuttle service adds to the convenience, making arrivals and departures seamless for travellers on a budget.
  • Other amenities: Additional features include complimentary toiletries, free self-parking, and a beautiful terrace for relaxation. Guests can take advantage of nearby windsurfing, snorkeling, and hiking activities, making it a perfect base for adventure seekers. The hotel also boasts sea views, a pool with sun loungers, and easy access to the historical district, enhancing the overall experience for visitors.
  • Nearby attractions: Mykonos Old Port - 0.9 km, Tourlos Beach - 1.3 km, Matoyianni Street - 1.3 km

Hotel Pelican

  • Why it's great for a budget-friendly vacation: With a remarkable traveler review rating of 9.4, Hotel Pelican stands out as an affordable haven for budget travellers. Guests appreciate the free Wi-Fi and 24-hour airport shuttle service, making travel arrangements simple and stress-free.
  • Other amenities: The hotel features a terrace and offers a range of spa services, including massages and beauty treatments, perfect for unwinding after a day of exploration. Enjoy the sea views and easy access to nearby shopping. The self-parking is complimentary, providing added convenience for those with vehicles. Daily housekeeping ensures a tidy and comfortable stay.
  • Nearby attractions: Matoyianni Street - 0.6 km, Fabrica Square - 0.4 km, Windmills of Mykonos - 0.7 km

Maki's Place

  • Why it's great for a budget-friendly vacation: Maki's Place stands out as an ideal choice for budget travellers, receiving an impressive review rating of 9.4. The hotel provides free buffet breakfast, Wi-Fi, and complimentary airport transportation, ensuring guests have a stress-free start to their day. With self-parking also available at no extra cost, it’s a practical option for those looking to save on their travels.
  • Other amenities: Enjoy the charming terrace and inviting pool area, perfect for unwinding after a day of exploring. Maki's Place is conveniently located near the beach and shopping centre, allowing guests to immerse themselves in local culture. Additional features include air-conditioned rooms, housekeeping services, and balconies with beautiful views, making every moment of your stay enjoyable.
  • Nearby attractions: Tourlos Beach - 0.6 km, Mykonos New Port - 0.6 km, Agios Stefanos Beach - 0.7 km

Grand Beach Mykonos

  • Why it's great for a budget-friendly vacation: Grand Beach Mykonos is a superb choice for budget travellers, providing exceptional amenities at a reasonable price, reflected in its impressive review rating of 9.4. Guests can start their day with a complimentary buffet breakfast and enjoy free Wi-Fi throughout the hotel. The outdoor pool and nearby beach access ensure guests can relax and enjoy the stunning surroundings without overspending.
  • Other amenities: Additional amenities include self-parking, a poolside bar, and a terrace for sunbathing. The hotel features a hot tub and offers stunning sea views, making it a perfect retreat. With air conditioning and daily housekeeping, Grand Beach Mykonos ensures a comfortable and enjoyable stay for budget-conscious travellers.
  • Nearby attractions: Fabrica Square - 0.8 km, Windmills of Mykonos - 1.1 km, Megali Ammos Beach - 0.3 km

Mykonos View

  • Why it's great for a budget-friendly vacation: Mykonos View is an excellent budget-friendly option for travellers, achieving an excellent review rating of 9.2. The hotel offers free Wi-Fi and self-parking, alongside stunning sea views that enhance the overall experience. Guests appreciate the affordable yet comfortable accommodations that allow them to enjoy the beauty of Mykonos without overspending.
  • Other amenities: The hotel features a terrace and patio for relaxation, a pool with sun loungers, and nearby beach access for sun-seekers. Rooms include kitchenettes for added convenience, and guests can benefit from babysitting services for families. Daily housekeeping keeps the rooms tidy, while the concierge service is on hand to assist with local recommendations and activities.
  • Nearby attractions: Mykonos Old Port - 0.4 km, Matoyianni Street - 0.8 km, Tourlos Beach - 1.1 km

Top Mykonos Hotel Reviews

Frequently asked questions

What is Mykonos like for travellers on a budget?
Discover discount places to stay in Mykonos on Expedia.com and book a holiday that stays within your budget. Mykonos is a destination that travellers visit for its bar scene and fantastic dining options. You can browse a wide selection of hotels and other accommodation options with Member Prices to find the best deal for you and earn rewards. With our site's helpful page filters, you can search by your price range, or by favourite amenities like free breakfast and free WiFi. 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 favourites so that you can come back to them when you're ready to decide. Need a car or a flight too? Choose from the holiday packages available under Bundle and Save and discover big savings when you book your transport 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, but bear 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 temperature of 24°C, while the coldest months are January and February, with an average of 13°C. Average annual precipitation for Mykonos is 384 mm.
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 Lena's House and Church of Panagia Paraportiani, 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 closest airport is 1.3 mi (2 km) from the centre in Mykonos (JMK-Mykonos Island National). 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 find out about water transport options at the port.

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