A calm lake surrounded by mountains and dense forests.

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Our top choices for Banff cheap hotels

HI Banff Alpine Centre - Hostel

HI Banff Alpine Centre - Hostel
2.0 star property
Tunnel Mountain District
8.2 out of 10, Very good, (591 reviews)
"the misses and i stayed two nights with friends The atmosphere was great and there are plenty of activities around to enjoy."
Canada
Brendan
The price is Rp3.769.161
Rp4.267.357 total
includes taxes & fees
3 Aug - 4 Aug
HI Banff Alpine Centre - Hostel

Elk + Avenue Hotel

Elk + Avenue Hotel
3.0 star property
Downtown District
9.0 out of 10, Wonderful, (2,010 reviews)
"Great location and wonderful hotel"
United States
Onita
The price is Rp7.807.548
Rp8.866.629 total
includes taxes & fees
20 Aug - 21 Aug
Elk + Avenue Hotel

Brewster Mountain Lodge

Brewster Mountain Lodge
3.0 star property
Downtown District
9.2 out of 10, Wonderful, (1,912 reviews)
"Location & style - it was quiet & clean & had under ground parking."
United States
Kathryn
The price is Rp7.834.471
Rp8.870.221 total
includes taxes & fees
8 Aug - 9 Aug
Brewster Mountain Lodge

Banff Inn

Banff Inn
3.0 star property
Uptown District
8.8 out of 10, Excellent, (1,237 reviews)
"Good location , can walk to everything"
Canada
Taylor
The price is Rp7.777.933
Rp9.090.017 total
includes taxes & fees
23 Aug - 24 Aug
Banff Inn

Charltons Banff

Charltons Banff
3.0 star property
Uptown District
8.4 out of 10, Very good, (1,057 reviews)
"Reception staff were amazing"
Canada
Jorge
The price is Rp6.843.335
Rp8.031.865 total
includes taxes & fees
14 Aug - 15 Aug
Charltons Banff

Bow View Lodge

Bow View Lodge
2.0 star property
Downtown District
8.4 out of 10, Very good, (1,001 reviews)
"Great location! Very clean and wonderful staff!"
Canada
Carla
The price is Rp6.659.493
Rp7.539.861 total
includes taxes & fees
31 Jul - 1 Aug
Bow View Lodge

Red Carpet Inn

Red Carpet Inn
2.5 star property
Uptown District
8.2 out of 10, Very good, (1,092 reviews)
"It was an ok stay. The bed was comfy and the room seems to be recently renovated."
Australia
Dominique
The price is Rp7.102.433
Rp8.041.375 total
includes taxes & fees
31 Jul - 1 Aug
Red Carpet Inn

Mount Royal Hotel

Mount Royal Hotel
3.0 star property
Downtown District
9.0 out of 10, Wonderful, (1,416 reviews)
"The staff was excellent and location perfect!"
United States
Steven
The price is Rp7.807.548
Rp8.866.629 total
includes taxes & fees
2 Aug - 3 Aug
Mount Royal Hotel

Banff Aspen Lodge

Banff Aspen Lodge
3.0 star property
Uptown District
9.4 out of 10, Exceptional, (1,454 reviews)
"Beautiful property in a key location. It was an excellent place of rest for us on our west coast road trip"
Canada
Rhea
The price is Rp8.704.968
Rp9.855.765 total
includes taxes & fees
30 Jul - 31 Jul
Banff Aspen Lodge

Best Western Plus Banff International Lodge

Best Western Plus Banff International Lodge
2.5 star property
Uptown District
8.8 out of 10, Excellent, (1,321 reviews)
"Would definitely recommemd here to other travellers."
United States
Vishnu
The price is Rp10.243.401
Rp11.597.607 total
includes taxes & fees
1 Aug - 2 Aug
Best Western Plus Banff International 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

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.

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

Top Banff Hotel Reviews

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. In addition to its well-known attractions such as Upper Hot Springs and Banff Gondola, this destination is home to Tunnel Mountain and Bow Falls, which you can enjoy while spending very little.
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 Charltons Banff.
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 fantastic dining options and majestic mountain views, and offers plenty to see and do without spending a fortune. You can budget for the popular local attractions that are highest on your list, such as Upper Hot Springs and Banff Gondola, and choose other low-cost activities to fill your itinerary. Take in the local culture at Canada House Gallery and Whyte Museum of the Canadian Rockies, or enjoy the area's natural beauty 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.