A calm lake surrounded by mountains and dense forests.

Banff Budget Hotels from RM1,678

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Check availability on Banff Budget Hotels

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

Our top choices for Banff cheap hotels

1. Banff Aspen Lodge

Banff Aspen Lodge
Uptown District
Canada
Lisa
RM1,937
RM2,193 total
includes taxes & fees
31 Aug - 1 Sept
Banff Aspen Lodge

2. Elk + Avenue Hotel

Elk + Avenue Hotel
Downtown District
United States
sdeepthi
RM1,705
RM1,936 total
includes taxes & fees
31 Aug - 1 Sept
Elk + Avenue Hotel

3. Brewster Mountain Lodge

Brewster Mountain Lodge
Downtown District
United States
Rebecca
RM1,647
RM1,902 total
includes taxes & fees
27 Sept - 28 Sept
Brewster Mountain Lodge

4. Mount Royal Hotel

Mount Royal Hotel
Downtown District
United States
claudia
RM1,763
RM2,002 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
RM1,879
RM2,127 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
RM1,965
RM2,225 total
includes taxes & fees
21 Sept - 22 Sept
Buffalo Mountain Lodge

7. Banff Inn

Banff Inn
Uptown District
Canada
Eddy
RM1,503
RM1,766 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
RM1,734
RM1,963 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
RM1,676
RM1,898 total
includes taxes & fees
27 Sept - 28 Sept
Banff Ptarmigan Inn

10. Canalta Hotel Lodge

Canalta Hotel Lodge
Uptown District
United States
NILESH
RM1,482
RM1,678 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.

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

Charltons Banff

Charltons Banff

8/10 Good
"The beds were worn out and noisy"
Anuja 2-night trip
Posted 1 hour ago
Charltons Banff
Hidden Ridge Resort

Hidden Ridge Resort

10/10 Excellent
"Room amenities are good, great for families."
Jerome 2-night trip
Posted 3 hours ago
Hidden Ridge Resort
The Fox Hotel and Suites

The Fox Hotel and Suites

10/10 Excellent
"The Only thing is the pillow. Hopefully they will change the size so that it’s more comfortable to sleep."
April Jane 1-night trip
Posted 3 hours ago
The Fox Hotel and Suites
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 5 hours ago
Brewster Mountain Lodge
Banff Aspen Lodge

Banff Aspen Lodge

10/10 Excellent
"Comfortable bed - good AC"
Stephen 1-night trip
Posted 8 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 14 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 16 hours ago
Elk + Avenue Hotel
Banff Caribou Lodge and Spa

Banff Caribou Lodge and Spa

10/10 Excellent
"What a stunning hotel! Walkable in to the centre of Banff and the hot pool is lovely to wind down at the end of the day. The room was spotless and parking is underground and safe. We loved our stay here."
Andrew 2-night trip
Posted 1 day ago
Banff Caribou Lodge and Spa
Tunnel Mountain Resort

Tunnel Mountain Resort

8/10 Good
"Clean, courteous staff, decent beds. Did not care for the pillows, as they were hard as rock, lots of pillows but to hard. All in all, was a great stay and would recommend for others."
Charlene 3-night trip
Posted 2 days ago
Tunnel Mountain Resort

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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