A calm lake surrounded by mountains and dense forests.

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Check availability on Banff Cheap Hotels

Tonight
30 Aug - 31 Aug
Tomorrow
31 Aug - 1 Sep
Next weekend
4 Sep - 6 Sep
In two weeks
11 Sep - 13 Sep

Our top choices for Banff cheap hotels

1. Banff Aspen Lodge

Banff Aspen Lodge
Uptown District
Canada
Lisa
฿15,930
฿18,036 total
includes taxes & fees
31 Aug - 1 Sept
Banff Aspen Lodge

2. Elk + Avenue Hotel

Elk + Avenue Hotel
Downtown District
United States
sdeepthi
฿14,025
฿15,930 total
includes taxes & fees
31 Aug - 1 Sept
Elk + Avenue Hotel

3. Brewster Mountain Lodge

Brewster Mountain Lodge
Downtown District
United States
Rebecca
฿13,549
฿15,647 total
includes taxes & fees
27 Sept - 28 Sept
Brewster Mountain Lodge

4. Mount Royal Hotel

Mount Royal Hotel
Downtown District
United States
claudia
฿14,502
฿16,469 total
includes taxes & fees
30 Sept - 1 Oct
Mount Royal Hotel

5. The Fox Hotel and Suites

The Fox Hotel and Suites
Uptown District
Canada
William
฿15,454
฿17,497 total
includes taxes & fees
27 Sept - 28 Sept
The Fox Hotel and Suites

6. Buffalo Mountain Lodge

Buffalo Mountain Lodge
Tunnel Mountain District
United States
Emma
฿14,002
฿15,853 total
includes taxes & fees
23 Sept - 24 Sept
Buffalo Mountain Lodge

7. Banff Inn

Banff Inn
Uptown District
Canada
Eddy
฿12,363
฿14,525 total
includes taxes & fees
3 Sept - 4 Sept
Banff Inn

8. Best Western Plus Banff International Lodge

Best Western Plus Banff International Lodge
Uptown District
United States
Vishnu
฿14,264
฿16,149 total
includes taxes & fees
27 Sept - 28 Sept
Best Western Plus Banff International Lodge

9. Banff Ptarmigan Inn

Banff Ptarmigan Inn
Downtown District
Canada
João Paulo
฿13,787
฿15,610 total
includes taxes & fees
27 Sept - 28 Sept
Banff Ptarmigan Inn

10. Canalta Hotel Lodge

Canalta Hotel Lodge
Uptown District
United States
NILESH
฿12,194
฿13,806 total
includes taxes & fees
31 Aug - 1 Sept
Canalta Hotel Lodge
View all properties

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.

Top Banff Hotel Reviews

Fairmont Banff Springs

Fairmont Banff Springs

8/10 Good
"The property has lots of history and many free tours. We went on a half hour history tour of the hotel and learned more about some subtle points of its history. The price of the hotel is definitely on the pricier side. We hope they could give free parking or breakfast for guests."
Ming 2-night trip
Posted 1 hour ago
Fairmont Banff Springs
Royal Canadian Lodge

Royal Canadian Lodge

10/10 Excellent
"How hotel was super convenient, clean, and the staff was friendly!"
Cindy 4-night trip
Posted 1 hour ago
Royal Canadian Lodge
Tunnel Mountain Resort

Tunnel Mountain Resort

8/10 Good
"Staff was very friendly and efficient and checked in with us several times to ensure we had everything we need. Property was clean and updated. We were really happy with our stay. Lots of free parking and also free ROAM transit passes to hop to downtown in 10 minutes, which we loved. Would definitely stay again!"
Stephanie 3-night trip
Posted 1 hour ago
Tunnel Mountain Resort
Charltons Banff

Charltons Banff

8/10 Good
"The beds were worn out and noisy"
Anuja 2-night trip
Posted 3 hours ago
Charltons Banff
Hidden Ridge Resort

Hidden Ridge Resort

10/10 Excellent
"Room amenities are good, great for families."
Jerome 2-night trip
Posted 5 hours ago
Hidden Ridge Resort
Brewster Mountain Lodge

Brewster Mountain Lodge

8/10 Good
"Great location. Clean property but slightly dated. The gym is very minimal. The room was very quiet."
Abby 4-night trip
Posted 7 hours ago
Brewster Mountain Lodge
Banff Aspen Lodge

Banff Aspen Lodge

10/10 Excellent
"Comfortable bed - good AC"
Stephen 1-night trip
Posted 11 hours ago
Banff Aspen Lodge
Banff Park Lodge

Banff Park Lodge

10/10 Excellent
"We had an excellent 4 night stay here as a family of five with kids. We were a bit worried about the construction but it wasn’t an issue at all. We stayed in a Lodge Suite and it was very spacious. We loved having two bathrooms although only one had a shower. We really enjoyed the Crave restaurant for breakfast (so much choice and a beautiful space with mountain view). We also went to Crave for their Asian buffet night and it was fantastic. The chef even went out of his way to make an additional vegetarian option for our family (without us even making this request). All of the staff at the hotel were very helpful and it was lovely to be able to ask the front desk questions through WhatsApp. We also really enjoyed the pool after long days out. The hotel is in a perfect location with bow river behind it and a 3 min walk to Banff Ave."
Leora 4-night trip
Posted 16 hours ago
Banff Park Lodge
Elk + Avenue Hotel

Elk + Avenue Hotel

8/10 Good
"Muy buena ubicación, pero en el cuarto se sentía olor a servicio que salía del baño."
Adriana 3-night trip
Posted 18 hours ago
Elk + Avenue Hotel

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. You can find ways to save money while getting to know this destination, which is home to attractions such as Central Park, Tunnel Mountain and Bow Falls.
What's the best accommodation for a budget-friendly stay in Banff?
Based on reviews, The Fox Hotel and Suites 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 Banff Rocky Mountain Resort and Banff Inn.
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 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 fill your itinerary with sights that cost little or nothing at all. Check out the area's cultural spots like Canada House Gallery and Whyte Museum of the Canadian Rockies, or get outdoors at Central Park.
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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