Cheap Hotels & Resorts in Banff from AU$142

Discover cheap things to do in Banff

Banff, Alberta, is a paradise of stunning natural beauty and exciting activities that won’t break the bank. Start your adventure at the Banff National Park Visitor Centre, where you can gather invaluable information on free hiking trails and witness the breathtaking views from Tunnel Mountain, which offers a rewarding hike with panoramic vistas of the surrounding peaks. Don’t miss a visit to Lake Minnewanka, where you can enjoy a scenic lakeside picnic or take a stroll along its beautiful shores, all while keeping costs to a minimum. For those who relish wildlife, the Banff Springs Hotel area is ideal for spotting elk and deer roaming freely. The Banff Avenue shops provide a delightful atmosphere for window-shopping and discovering local artisans, with many eateries offering budget-friendly meals; the Park Distillery serves up delicious dishes made with locally sourced ingredients. For accommodation, consider staying in the heart of Banff town, where a range of affordable hotels allows you to explore this vibrant area on foot, immersing yourself in its charm while having easy access to all these exciting activities. Booking a room with a mountain view will enhance your experience, as you enjoy the serene landscape right from your window.

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

Brewster Mountain Lodge

• Why it's great for a budget-friendly vacation: Brewster Mountain Lodge is an ideal choice for budget travellers looking to explore the wonders of Banff. With an impressive traveler review rating of 9.2, the lodge provides essential amenities such as free continental breakfast and Wi-Fi, ensuring travelers start their day right without any additional costs. Additionally, the onsite ski shuttle provides convenient access to the nearby slopes, making it perfect for winter sports enthusiasts.
• Other amenities: Guests can enjoy a variety of features including free toiletries, daily housekeeping, and covered self-parking. The lodge is situated in the vibrant Downtown District, allowing for easy access to local shops and dining options. Outdoor enthusiasts will appreciate nearby hiking and biking trails, as well as the nearby snow tubing and snowshoeing activities. Relaxation is also on hand with nearby hot springs to unwind after a day of adventure.
• Neighborhood: Downtown District
• Nearby attractions: Banff Legacy Trail - 0.2 km, Minnewanka Loop / Lake Johnson - 0.3 km, Central Park - 0.3 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