Budget Hotels in Banff, Alberta

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Top Banff Budget Hotels

The Dorothy Motel

3.0 star property
9.2 out of 10, Wonderful, (1005)
"Good location, air conditioning and easy to walk to downtown."
The price is P5,580
P6,204 total
includes taxes & fees
Oct 28 - Oct 29
The Dorothy Motel

Best Western Plus Banff International Lodge

2.5 star property
8.8 out of 10, Excellent, (1176)
"Great place to stay with an excellent location and quality. "
The price is P6,180
P6,871 total
includes taxes & fees
Nov 2 - Nov 3
Best Western Plus Banff International Lodge

Banff Inn

3.0 star property
9.0 out of 10, Wonderful, (1159)
"Great place to stay !!"
Banff Inn

The Kenrick Hotel

3.0 star property
9.6 out of 10, Exceptional, (36)
"Amazing location and the spa facilities are a must after a day of hiking "
The price is P9,295
P10,334 total
includes taxes & fees
Nov 3 - Nov 4
The Kenrick Hotel

Brewster Mountain Lodge

3.0 star property
9.2 out of 10, Wonderful, (1590)
"Outstanding staff, complimentary breakfast excellent Hotel and facilities very clean and comfortable in excellent location. "
The price is P7,010
P7,794 total
includes taxes & fees
Oct 27 - Oct 28
Brewster Mountain Lodge

Royal Canadian Lodge

4.0 star property
9.0 out of 10, Wonderful, (1006)
"Great location and walking distance to the village "
Royal Canadian Lodge

Red Carpet Inn

2.5 star property
8.2 out of 10, Very Good, (1004)
"Great location and good value."
The price is P5,189
P5,769 total
includes taxes & fees
Oct 26 - Oct 27
Red Carpet Inn

Bow View Lodge

2.0 star property
8.4 out of 10, Very Good, (1006)
"Spent our last night in Banff here, good place to rest up!"
The price is P4,955
P5,509 total
includes taxes & fees
Nov 2 - Nov 3
Bow View Lodge

The Elk & Avenue Hotel

3.0 star property
9.0 out of 10, Wonderful, (1728)
"Great location."
The price is P7,010
P7,877 total
includes taxes & fees
Nov 2 - Nov 3
The Elk & Avenue Hotel

Banff Aspen Lodge

3.0 star property
9.4 out of 10, Exceptional, (1259)
"Great breakfast, friendly staff"
The price is P6,309
P7,014 total
includes taxes & fees
Nov 2 - Nov 3
Banff Aspen 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

Find out more about Banff

Discover cheap things to do in Banff

Banff, Alberta, is a paradise of natural beauty and memorable experiences that won't break the bank. Start your adventure at the stunning Lake Louise, where you can enjoy a leisurely hike around the lake's turquoise waters or pack a picnic to savor the views—both activities are completely free! Head over to the Banff Gondola for breathtaking mountain vistas; while the ride can be a splurge, the trails at the summit offer free exploration and a chance to spot wildlife. Don't miss the Banff Upper Hot Springs, where you can unwind in naturally heated pools after a day of exploring; admission is reasonably priced, making it a perfect treat. For a taste of local culture, stroll along Banff Avenue, where you can enjoy window shopping at artisanal shops and galleries without spending a dime. Finally, the nearby Tunnel Mountain offers picturesque hiking trails with panoramic views, accessible at no cost. For budget-friendly accommodations, consider staying in the charming Canmore area just outside of Banff, where you’ll find a range of affordable hotels. This area offers a quaint mountain town vibe and easy access to both Banff National Park and local amenities, ensuring a comfortable stay while you explore the stunning landscapes.

Find the best cheap hotels in Banff

Travelers seeking budget-friendly accommodations in Banff will find these top hotels offer great value without compromising on comfort and amenities. Here's a selection that caters to a variety of needs while keeping costs manageable.

Peaks Hotel and Suites

  • Why it's great for a budget-friendly vacation: Travelers looking for budget options will find Peaks Hotel and Suites an appealing choice, rated 9.6 by guests. This hotel offers essential amenities such as free WiFi, making it a fantastic spot for those on a budget. The hotel's location in downtown Banff gives guests easy access to local attractions and skiing opportunities.
  • Other amenities: Beyond the basics, the hotel features an inviting hot spring experience, covered self-parking, and a fitness facility nearby for those wanting to stay active. Guests can also enjoy a hot tub, an electric kettle in their rooms, and daily housekeeping for added comfort. The hotel is well-suited for outdoor enthusiasts, with nearby hiking and biking trails, as well as ski storage for winter sports gear.
  • Neighborhood: Downtown District
  • Nearby attractions: Bow River - 0.19 miles, Banff Legacy Trail - 0.21 miles, Minnewanka Loop / Lake Johnson - 0.23 miles

Banff Aspen Lodge

  • Why it's great for a budget-friendly vacation: Banff Aspen Lodge is an excellent choice for budget travelers, a stellar review rating of 9.4. Guests enjoy complimentary breakfast on weekends and free WiFi, making it a convenient and affordable option. The lodge’s location in the Uptown District also provides easy access to local attractions and skiing adventures.
  • Other amenities: This welcoming lodge also offers free self-parking, a relaxing hot tub for unwinding after a day of exploration, and nearby hot springs. Additional features include a fitness facility nearby, ski storage for winter sports enthusiasts, and rooms equipped with kitchenettes for added convenience. The lodge's atmosphere is complemented by daily housekeeping and the availability of cribs for families.
  • Neighborhood: Uptown District
  • Nearby attractions: Banff National Park Information Centre - 0.17 miles, Banff Lake Louise Tourism Bureau - 0.17 miles, Banff Legacy Trail - 0.28 miles

Brewster Mountain Lodge

  • Why it's great for a budget-friendly vacation: Perfect for budget-conscious travelers, Brewster Mountain Lodge shines with a high review rating of 9.2, offering essential amenities like free continental breakfast and WiFi. Guests will appreciate the convenience of the onsite ski shuttle to access the slopes easily, enhancing their mountain experience without the added expense.
  • Other amenities: In addition to the budget-friendly perks, this lodge features a golf clubhouse, covered self-parking, and nearby golf course access for leisure activities. The cozy atmosphere includes daily housekeeping, premium bedding, and free toiletries, ensuring a comfortable stay. Plus, travelers can explore nearby hiking and biking trails, and enjoy additional activities like snowshoeing and snow tubing.
  • Neighborhood: Downtown District
  • Nearby attractions: Banff Legacy Trail - 0.11 miles, Minnewanka Loop / Lake Johnson - 0.18 miles, Central Park - 0.19 miles

The Elk & Avenue Hotel

  • Why it's great for a budget-friendly vacation: The Elk & Avenue Hotel is a fantastic budget-friendly option in downtown Banff, with an impressive review rating of 9.0. Guests can enjoy free toiletries and WiFi, along with a welcoming atmosphere that makes for a comfortable stay. The hotel is conveniently located near ski lifts, giving guests easy access to the slopes without breaking the bank.
  • Other amenities: In addition to essential amenities, this hotel features a hot tub for relaxation, covered parking, and a concierge service to assist with local inquiries. Guests can also take advantage of nearby shopping options and various outdoor activities, including snowboarding and mountain biking. The rooms are equipped with refreshing electric kettles and refrigerators available on request, adding to the overall convenience.
  • Neighborhood: Downtown District
  • Nearby attractions: Banff National Park Information Centre - 0.04 miles, Banff Lake Louise Tourism Bureau - 0.05 miles, Banff Legacy Trail - 0.15 miles

Banff Ptarmigan Inn

  • Why it's great for a budget-friendly vacation: Banff Ptarmigan Inn is an outstanding budget-friendly choice with a solid review rating of 8.8, making it ideal for travelers seeking value. Guests benefit from free toiletries, WiFi, and self-parking options, ensuring a comfortable and easy stay while exploring Banff's attractions.
  • Other amenities: In addition to the budget amenities, this inn features a rejuvenating hot tub, ski passes for winter sports fun, and concierge service to help plan activities in the area. The hotel also offers easy access to local hiking and biking trails, as well as nearby golf courses for summer activities. With housekeeping services and cozy balconies, guests can enjoy a relaxing atmosphere after a day of adventure.
  • Neighborhood: Downtown District
  • Nearby attractions: Banff National Park Information Centre - 0.09 miles, Banff Lake Louise Tourism Bureau - 0.09 miles, Banff Legacy Trail - 0.2 miles

Top Banff Hotel Reviews

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Frequently asked questions

What is Banff like for travelers on a budget?
Banff has cheap accommodation options and a range of things to see and 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 like Minnewanka Loop / Lake Johnson, Tunnel Mountain, and Bow Falls.
What's the best budget-friendly accommodation in Banff?
Based on reviews, Banff Rocky Mountain Resort is a popular hotel for our travelers who want a more economical choice, and features free WiFi and free parking. Other good options for your budget-friendly stay include The Fox Hotel and Suites and Banff Caribou Lodge and Spa.
How many low cost hotels should I expect to find in Banff?
Choose a hotel that suits your wallet among 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, and keep 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 temp of 53°F, while the coldest months are December and February with an average of 14°F. The snowiest months in Banff are February, March, December, and November, with each month seeing an average of 8 inches 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 make time for activities that cost very little. Check out the area's cultural spots like Whyte Museum of the Canadian Rockies and Banff Park Museum, or get outdoors at Minnewanka Loop / Lake Johnson.
How can I get to Banff and get around on a budget?
Scoping out the transportation options in Banff is a smart way to keep your trip affordable. If you want to explore the larger area, ride aboard one of the trains from Banff Station. Banff might not have many public transit choices so a car rental could be a reasonable alternative to see more of the area.