Mykonos Town Hotel Guide - Cheap Hotels in Mykonos Town, Mykonos

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Check availability on Mykonos Town Cheap Hotels

Tonight
20 Dec - 21 Dec
Tomorrow
21 Dec - 22 Dec
Next weekend
26 Dec - 28 Dec
In two weeks
2 Jan - 4 Jan

Our top choices for Mykonos Town cheap hotels

Standard Suite
Eternal Suites

Eternal Suites

Eternal Suites
Mykonos
9.0 out of 10, Wonderful, (127)
"Lovely, just to walk up to the hill at night from the town is a bit hard…"
United Kingdom
Fabio
The price is €59
includes taxes & fees
21 Dec - 22 Dec
Eternal Suites
Basic Double Room
Eternal Town

Eternal Town

Eternal Town
Mykonos
9.4 out of 10, Exceptional, (35)
"Very nice and clean studio - would stay again!"
United States
Christopher
The price is €42
includes taxes & fees
25 Dec - 26 Dec
Eternal Town
Food and drink
Oniro Suites

Oniro Suites

Oniro Suites
Mykonos
9.4 out of 10, Exceptional, (99)
"Zoe is perfect! She lovely. We felt like own home. "
Brazil
Johnnatan
The price is €122
includes taxes & fees
2 Jan - 3 Jan 2026
Oniro Suites
Rooftop terrace
Boutique Di Vito

Boutique Di Vito

Boutique Di Vito
4.0 star property
Mykonos
9.6 out of 10, Exceptional, (40)
"Beautiful place"
United States
Diego
Boutique Di Vito
Standard Triple Room | Terrace/patio
Karboni Hotel

Karboni Hotel

Karboni Hotel
1.0 star property
Mykonos
6.8 out of 10, (17)
"She was an amazing host! We really enjoyed our visit and be back in the future!!"
United States
pelin
The price is €47
includes taxes & fees
30 Dec - 31 Dec
Karboni Hotel
Sun Studio | Exterior
Melesios Mykonos Town Studios

Melesios Mykonos Town Studios

Melesios Mykonos Town Studios
Mykonos
8.0 out of 10, Very good, (13)
"The host was super nice, accommodating and friendly. The place was close to the port, airport center of Mykonos, bus stop.Very convenient location.I highly recommend this place. "
Canada
Shtjefen
Melesios Mykonos Town Studios
View from property
Balius Mykonos

Balius Mykonos

Balius Mykonos
5.0 star property
Mykonos
9.0 out of 10, Wonderful, (9)
"The staff were sooo fun!! Loved every bit of our stay"
United States
Margaret
The price is €192
includes taxes & fees
21 Dec - 22 Dec
Balius Mykonos
Exterior
Fournakia Studio

Fournakia Studio

Fournakia Studio
1.0 star property
Mykonos
8.0 out of 10, Very good, (8)
"Studio was good located, close to the bus station in Fira. Everything run perfect!"
Germany
Manuel
Fournakia Studio
2 treatment rooms
Casa di Vito

Casa di Vito

Casa di Vito
Mykonos
10.0 out of 10, Exceptional, (2)
"Thank you for the transportation arrangement from the airport."
Canada
Ginna
Casa di Vito
Rooftop terrace
Mr & Mrs Mykonos The Residence

Mr & Mrs Mykonos The Residence

Mr & Mrs Mykonos The Residence
Mykonos
10.0 out of 10, Exceptional, (1)
"Excellent hospitality. Fantastic location. Large room & living room with kitchen. "
India
Tarundeep
The price is €228
includes taxes & fees
19 Jan - 20 Jan 2026
Mr & Mrs Mykonos The Residence
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.
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Top Mykonos Town Hotel Reviews

Elena Hotel

Elena Hotel

10/10 Excellent
"Rooms were excellent and service was great"
Paul 1-night trip
Posted 2 months ago
Elena Hotel
Poseidon Hotel & Suites

Poseidon Hotel & Suites

10/10 Excellent
"We loved this hotel and the location. It was perfect. The room was great and very clean, the view was spectacular and the staff were very nice! We would definitely recommend staying here!"
Claudia 3-night trip
Posted 2 months ago
Poseidon Hotel & Suites

Frequently asked questions

What is Mykonos Town like for travellers on a budget?
Mykonos Town offers a variety of cheap accommodation options and things to 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 such as Matoyianni Street, Fabrica Square and Mykonos Town Hall.
When is the best time for a budget trip to Mykonos Town?
Weather is probably a major factor when you plan your trip to Mykonos Town, 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 Town is 384 mm.
What is there to see and do in Mykonos Town?
Mykonos Town 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 on your list, and then plan some activities that cost little or nothing at all. If you're eager to get outdoors, you can enjoy the natural setting at Matoyianni Street, Megali Ammos Beach or Ágios Charálampos.
How can I get to Mykonos Town and get around on a budget?
Scoping out the transportation options in Mykonos Town can help keep you on budget. The closest airport is 1.1 mi (1.7 km) away from the centre in Mykonos (JMK-Mykonos Island National). However, if that doesn't suit your budget, you can book a flight to Ermoupolis (JSY-Syros Island National), located 21.3 mi (34.2 km) away. You can find out about your options for water transport at the port.