A calm lake surrounded by mountains and dense forests.

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Our top choices for Banff cheap hotels

1. Banff Inn

Banff Inn
3.0 star property
Uptown District
8.8 out of 10, Excellent, (1,218 reviews)
"Great views !"
Mexico
Miguel
The price is ₹33,739
₹39,702 total
includes taxes & fees
14 Aug - 15 Aug
Banff Inn

2. Douglas Fir Resort and Chalets

Douglas Fir Resort and Chalets
3.0 star property
Tunnel Mountain District
8.0 out of 10, Very good, (4,249 reviews)
"Great place to stay.. With unlimited breakfast"
Canada
Julius
The price is ₹24,374
₹27,597 total
includes taxes & fees
31 Aug - 1 Sept
Douglas Fir Resort and Chalets

3. HI Banff Alpine Centre - Hostel

HI Banff Alpine Centre - Hostel
2.0 star property
Tunnel Mountain District
8.2 out of 10, Very good, (598 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
HI Banff Alpine Centre - Hostel

4. Red Carpet Inn

Red Carpet Inn
2.5 star property
Uptown District
8.2 out of 10, Very good, (1,099 reviews)
"It was an ok stay. The bed was comfy and the room seems to be recently renovated."
Australia
Dominique
The price is ₹38,486
₹43,574 total
includes taxes & fees
6 Aug - 7 Aug
Red Carpet Inn

5. Elk + Avenue Hotel

Elk + Avenue Hotel
3.0 star property
Downtown District
9.0 out of 10, Wonderful, (2,020 reviews)
"Great location and wonderful hotel"
United States
Onita
The price is ₹39,979
₹45,407 total
includes taxes & fees
6 Aug - 7 Aug
Elk + Avenue Hotel

6. Brewster Mountain Lodge

Brewster Mountain Lodge
3.0 star property
Downtown District
9.2 out of 10, Wonderful, (1,904 reviews)
"The location was convenient, clean and comfortable."
United States
Angela
The price is ₹42,090
₹47,654 total
includes taxes & fees
14 Aug - 15 Aug
Brewster Mountain Lodge

7. Banff Ptarmigan Inn

Banff Ptarmigan Inn
3.0 star property
Downtown District
8.8 out of 10, Excellent, (2,160 reviews)
"Nice place to stay. Central for all Banff has to offer."
United States
Morris T
The price is ₹41,642
₹47,147 total
includes taxes & fees
13 Aug - 14 Aug
Banff Ptarmigan Inn

8. Charltons Banff

Charltons Banff
3.0 star property
Uptown District
8.4 out of 10, Very good, (1,060 reviews)
"Reception staff were amazing"
Canada
Jorge
The price is ₹32,906
₹38,758 total
includes taxes & fees
30 Aug - 31 Aug
Charltons Banff

9. Bow View Lodge

Bow View Lodge
2.0 star property
Downtown District
8.4 out of 10, Very good, (1,011 reviews)
"Great location! Very clean and wonderful staff!"
Canada
Carla
The price is ₹35,230
₹39,887 total
includes taxes & fees
29 Aug - 30 Aug
Bow View Lodge

10. King Edward Hotel

King Edward Hotel
2.5 star property
Downtown District
7.0 out of 10, Good, (1,005 reviews)
"Hotel was right down town and really convenient."
United States
Shane
The price is ₹34,012
₹39,279 total
includes taxes & fees
24 Aug - 25 Aug
King Edward Hotel
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.

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 ideal choice for budget travellers looking to explore the wonders of Banff. With an impressive traveler review rating of 9.2, the lodge provides essential amenities such as free continental breakfast and Wi-Fi, ensuring travelers start their day right without any additional costs. Additionally, the onsite ski shuttle provides convenient access to the nearby slopes, making it perfect for winter sports enthusiasts.
  • Other amenities: Guests can enjoy a variety of features including free toiletries, daily housekeeping, and covered self-parking. The lodge is situated in the vibrant Downtown District, allowing for easy access to local shops and dining options. Outdoor enthusiasts will appreciate nearby hiking and biking trails, as well as the nearby snow tubing and snowshoeing activities. Relaxation is also on hand with nearby hot springs to unwind after a day of adventure.
  • 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

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.

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