A calm lake surrounded by mountains and dense forests.

Banff Budget Hotels from RM388

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Check availability on Banff Budget Hotels

Tonight
15 Oct - 16 Oct
Tomorrow
16 Oct - 17 Oct
This weekend
16 Oct - 18 Oct
Next weekend
23 Oct - 25 Oct

Our top choices for Banff cheap hotels

1. Hotel Canoe and Suites

Hotel Canoe and Suites
Uptown District
United States
Andrew
RM772
RM874 total
includes taxes & fees
1 Nov - 2 Nov
Hotel Canoe and Suites

2. Otter Hotel

Otter Hotel
Uptown District
United States
Anne
RM596
RM675 total
includes taxes & fees
2 Nov - 3 Nov
Otter Hotel

3. Moose Hotel And Suites

Moose Hotel And Suites
Downtown District
United Kingdom
Andrew
RM913
RM1,033 total
includes taxes & fees
10 Nov - 11 Nov
Moose Hotel And Suites

4. The Fox Hotel and Suites

The Fox Hotel and Suites
Uptown District
Canada
Jason
RM542
RM614 total
includes taxes & fees
1 Nov - 2 Nov
The Fox Hotel and Suites

5. Banff Rocky Mountain Resort

Banff Rocky Mountain Resort
Banff
Canada
Jay
RM456
RM517 total
includes taxes & fees
1 Nov - 2 Nov
Banff Rocky Mountain Resort

6. Hidden Ridge Resort

Hidden Ridge Resort
Tunnel Mountain District
United States
Rolyn
RM514
RM582 total
includes taxes & fees
1 Nov - 2 Nov
Hidden Ridge Resort

7. Banff Caribou Lodge and Spa

Banff Caribou Lodge and Spa
Uptown District
United States
Hang
RM380
RM431 total
includes taxes & fees
15 Nov - 16 Nov
Banff Caribou Lodge and Spa

8. Buffalo Mountain Lodge

Buffalo Mountain Lodge
Tunnel Mountain District
United States
Kaden
RM488
RM553 total
includes taxes & fees
15 Nov - 16 Nov
Buffalo Mountain Lodge

9. Banff Park Lodge

Banff Park Lodge
Downtown District
Japan
James Christopher
RM469
RM531 total
includes taxes & fees
18 Oct - 19 Oct
Banff Park Lodge

10. Canalta Hotel Lodge

Canalta Hotel Lodge
Uptown District
Australia
Brianna
RM556
RM630 total
includes taxes & fees
25 Oct - 26 Oct
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.

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

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

Banff Rocky Mountain Resort

Banff Rocky Mountain Resort

8/10 Good
"The place is not really in Banff town center. Is 2 km away. Rooms are old and tacky decorated. We had a 1st floor room and we could here all the food steps from the room above us."
Frander 3-night trip
Posted less than an hour ago
Banff Rocky Mountain Resort
Hidden Ridge Resort

Hidden Ridge Resort

8/10 Good
"Great location, so close to city of Banff! Bus service available instead of paying for parking in Banff. Hot tub was wonderful. Hidden Ridge was very accommodating each day with any needs we had regarding towels or anything else."
Lori 6-night trip
Posted 2 hours ago
Hidden Ridge Resort
Brewster Mountain Lodge

Brewster Mountain Lodge

10/10 Excellent
"Super cute and comfortable! Right in downtown. Loved it and would stay here again"
Rachel 3-night trip
Posted 2 hours ago
Brewster Mountain Lodge
Banff Aspen Lodge

Banff Aspen Lodge

10/10 Excellent
"Cozy room"
Erwin 1-night trip
Posted 11 hours ago
Banff Aspen Lodge
Canalta Hotel Lodge

Canalta Hotel Lodge

10/10 Excellent
"Nice place, about 15 minutes walk to downtown centre and hot breakfast. Cozy outdoor space."
Rejean 2-night trip
Posted 13 hours ago
Canalta Hotel Lodge
Banff Caribou Lodge and Spa

Banff Caribou Lodge and Spa

10/10 Excellent
"Convenient, clean, staff hospitable"
William Paul 3-night trip
Posted 23 hours ago
Banff Caribou Lodge and Spa
Royal Canadian Lodge

Royal Canadian Lodge

10/10 Excellent
"C'est une place tranquille et relaxante, Parfaite pour des vacances reposantes. Le déjeuner brunch est vraiment trop cher pour la qualité de la nourriture!!!"
Patrick 2-night trip
Posted 2 days ago
Royal Canadian Lodge
Fairmont Banff Springs

Fairmont Banff Springs

8/10 Good
"If I was just rating staff here, this place would be 6 stars out of 5!!! Unreal service! The only reason I’m letting it slip to a 4 star rating is mostly for the overall need for cosmetic maintenance around the buildings. Cracked sink, chipped baseboards, little things really. But for the price point, they should be looked at for sure. Amenities were 10/10, food was incredible, and the staff absolutely spoil you! Shout out to Vicente in the Rundle bar! We’ll be back for sure!!! ❤️"
Blake 3-night trip
Posted 3 days ago
Fairmont Banff Springs

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 Tunnel Mountain, Bow Falls and Cave and Basin National Historic Site.
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 Banff Caribou Lodge and Spa.
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 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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