A calm lake surrounded by mountains and dense forests.

Budget Hotels in Banff, Alberta

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Check availability on Banff Budget Hotels

Tonight
Oct 4 - Oct 5
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Oct 5 - Oct 6
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Oct 9 - Oct 11
In two weeks
Oct 16 - Oct 18

Our top choices for Banff cheap hotels

A large, multi-story hotel with a prominent mountain backdrop.
A modern living room with a dark blue sofa, two black leather armchairs, a wooden coffee table, and a striped rug.
Lobby
A couple dining outdoors at a restaurant with a mountain view, a sign for Elk Avenue Hotel, and a fire pit in the foreground.

1. Elk + Avenue Hotel

Elk + Avenue Hotel
Downtown District
United States
John
P6,676
P7,651 total
includes taxes & fees
Nov 3 - Nov 4
Elk + Avenue Hotel
A multi-story lodge with a prominent entrance, set against a backdrop of snow-covered mountains.
A modern lounge area with a stone fireplace, comfortable seating, and a view of the outdoors.
A hotel lobby with a reception desk, seating area, and a television displaying a scenic view.
A modern hotel room with a fireplace, a television, a bed, and two armchairs.

2. Banff Inn

Banff Inn
Uptown District
United States
CLAIRE
P6,009
P7,775 total
includes taxes & fees
Nov 1 - Nov 2
Banff Inn
A stone fireplace with a fire, a wooden bench with towels, and a pool area.
A hotel with a mountain backdrop, outdoor seating, and a sign for the Banff Aspen Lodge.
A modern living room with a stone fireplace, a glass coffee table, and an orange sofa.
A hotel room with two beds, a desk, a chair, a lamp, and a window with curtains.

3. Banff Aspen Lodge

Banff Aspen Lodge
Uptown District
Canada
Matt
P8,296
P9,393 total
includes taxes & fees
Oct 27 - Oct 28
Banff Aspen Lodge
A hotel with a mountain backdrop, featuring a covered outdoor seating area and a stone facade.
A balcony with a view of a street, buildings, and mountains.
A hotel bathroom with a wooden bench, a towel rack, and a sign indicating no footwear beyond a certain point.
A hotel room with a large bed, a bedside table, a desk, a chair, a wooden door, a shower area, and a painting on the wall.

4. Red Carpet Inn

Red Carpet Inn
Uptown District
United Kingdom
Charlie
P5,662
P6,411 total
includes taxes & fees
Nov 1 - Nov 2
Red Carpet Inn
A hotel room with two beds, a desk, a TV, and a view of the outdoors.
A modern living room with two sofas, a coffee table, and large windows with blinds.
A hotel room with a round wooden table and chairs, a small kitchen area with a coffee machine, and a balcony with a mountain view.
A modern living room with a sofa, ottoman, and a bar area with stools.

5. Bow View Lodge

Bow View Lodge
Downtown District
United States
Stephen
P5,243
P5,936 total
includes taxes & fees
Oct 29 - Oct 30
Bow View Lodge
A modern building with a sign reading "CHARLTONS" and a restaurant with outdoor seating.
A stone fireplace with a fire, a leather chair, a table with a mug, and a vase with decorative branches.
An indoor swimming pool with a blue tiled edge, a wooden deck area, and a glass wall with a view of the outdoors.
A room with a stone fireplace, leather chairs, a dining table, and a patterned carpet.

6. Charltons Banff

Charltons Banff
Uptown District
United Kingdom
Kenneth
P4,873
P6,489 total
includes taxes & fees
Nov 3 - Nov 4
Charltons Banff
A modern building with large windows and a snow-covered mountain in the background.
A hot spring area with a circular pool, surrounded by a fence and trees.
A cozy living room with a stone fireplace, a sofa, a coffee table, and a view of the outdoors through large sliding glass doors.
A hotel room with a bed, a desk with a lamp, a sofa, a fireplace, a kitchen area, and a television.

7. Douglas Fir Resort and Chalets

Douglas Fir Resort and Chalets
Tunnel Mountain District
Canada
Almie
P6,540
P7,405 total
includes taxes & fees
Oct 18 - Oct 19
Douglas Fir Resort and Chalets
A modern interior with a stone fireplace, seating area, and a staircase leading to a kitchen.
A hotel room with a bed, a TV, a small kitchenette, a sofa, and a balcony with curtains.
A modern lobby with a fireplace, seating area, and a kitchen counter.
An indoor swimming pool with clear glass walls, a tiled floor, and a lifeguard stand.

8. Best Western Plus Banff International Lodge

Best Western Plus Banff International Lodge
Uptown District
Canada
Thomas
P8,735
P9,889 total
includes taxes & fees
Oct 25 - Oct 26
Best Western Plus Banff International Lodge
A wooden deck with a railing, wooden chairs, and a view of a mountain and forest.
A large, two-story wooden house with a porch and a covered deck, surrounded by snow-covered trees.
A rustic interior with a stone fireplace, wooden furniture, and a balcony.
A hotel room with two beds, a television, a small table, and a chair.

9. HI Banff Alpine Centre - Hostel

HI Banff Alpine Centre - Hostel
Tunnel Mountain District
Canada
Damarys
P4,938
P5,591 total
includes taxes & fees
Oct 25 - Oct 26
HI Banff Alpine Centre - Hostel
A reception area with a counter, a television mounted on the wall, and signs above the door indicating 'Middle Springs Dr' and 'Tunnel Mtn. Dr'.
A restaurant with large windows, wooden railings, and multiple tables and chairs.
A hotel with multiple balconies, wooden railings, and flower arrangements.
A two-story building with a liquor store on the ground floor.

10. Banff International Hostel

Banff International Hostel
Uptown District
Canada
Joshua
P6,584
P7,454 total
includes taxes & fees
Nov 1 - Nov 2
Banff International Hostel
View all properties

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

Hidden Ridge Resort

Hidden Ridge Resort

8/10 Good
"I liked that they had a dry sauna"
Vanessa 3-night trip
Posted 10 hours ago
Hidden Ridge Resort
Mount Royal Hotel

Mount Royal Hotel

8/10 Good
"Everything is great but room is a bit small but mainly the cribs is not friendly for baby under 1 year old, because is like a play gym or play gate. Not really for baby to sleep."
Man Yin 1-night trip
Posted 11 hours ago
Mount Royal Hotel
Brewster Mountain Lodge

Brewster Mountain Lodge

8/10 Good
"Location is what makes this place so convenient and great."
Marc 2-night trip
Posted 1 day ago
Brewster Mountain Lodge
Banff Caribou Lodge and Spa

Banff Caribou Lodge and Spa

10/10 Excellent
"Great restaurant. Very large hot tub."
Brad 2-night trip
Posted 2 days ago
Banff Caribou Lodge and Spa
The Fox Hotel and Suites

The Fox Hotel and Suites

10/10 Excellent
"The hot tub has been always a draw."
Marko 1-night trip
Posted 2 days ago
The Fox Hotel and Suites
Canalta Hotel Lodge

Canalta Hotel Lodge

10/10 Excellent
"We had a lovely stay at the hotel. The room was clean and the staff were very friendly. Our kids loved the free s’more’s offered daily in evenings!"
Megha 2-night trip
Posted 2 days ago
Canalta Hotel Lodge

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 Tunnel Mountain, Bow Falls, and Cave and Basin National Historic Site.
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 Canada House Gallery and Whyte Museum of the Canadian Rockies, or get outdoors at Tunnel Mountain.
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.

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