A calm lake surrounded by mountains and dense forests.

Cheap Hotels & Resorts in Banff from AU$120

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Check availability on Banff Cheap Hotels

Tonight
16 Oct - 17 Oct
Tomorrow
17 Oct - 18 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
AU$310
includes taxes & fees
1 Nov - 2 Nov
Hotel Canoe and Suites

2. Otter Hotel

Otter Hotel
Uptown District
United States
Anne
AU$239
includes taxes & fees
2 Nov - 3 Nov
Otter Hotel

3. Moose Hotel And Suites

Moose Hotel And Suites
Downtown District
United Kingdom
Andrew
AU$367
includes taxes & fees
8 Nov - 9 Nov
Moose Hotel And Suites

4. The Fox Hotel and Suites

The Fox Hotel and Suites
Uptown District
Canada
Jason
AU$218
includes taxes & fees
12 Nov - 13 Nov
The Fox Hotel and Suites

5. Banff Rocky Mountain Resort

Banff Rocky Mountain Resort
Banff
Canada
Jay
AU$172
includes taxes & fees
1 Nov - 2 Nov
Banff Rocky Mountain Resort

6. Banff Caribou Lodge and Spa

Banff Caribou Lodge and Spa
Uptown District
Canada
William Paul
AU$153
includes taxes & fees
15 Nov - 16 Nov
Banff Caribou Lodge and Spa

7. Hidden Ridge Resort

Hidden Ridge Resort
Tunnel Mountain District
United States
Rolyn
AU$206
includes taxes & fees
1 Nov - 2 Nov
Hidden Ridge Resort

8. Banff Park Lodge

Banff Park Lodge
Downtown District
Japan
James Christopher
AU$189
includes taxes & fees
1 Nov - 2 Nov
Banff Park Lodge

9. Buffalo Mountain Lodge

Buffalo Mountain Lodge
Tunnel Mountain District
United States
Kaden
AU$211
includes taxes & fees
17 Nov - 18 Nov
Buffalo Mountain Lodge

10. Canalta Hotel Lodge

Canalta Hotel Lodge
Uptown District
Canada
Malek
AU$206
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

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

Top Banff Hotel Reviews

Banff Caribou Lodge and Spa

Banff Caribou Lodge and Spa

10/10 Excellent
"Everything was great. The staff was very helpful."
Nancy 4-night trip
Posted less than an hour ago
Banff Caribou Lodge and Spa
Brewster Mountain Lodge

Brewster Mountain Lodge

10/10 Excellent
"Excellent location, helpful staff, beds very comfortable enjoyed my stay"
Kirstin 2-night trip
Posted 1 hour ago
Brewster Mountain Lodge
Banff Park Lodge

Banff Park Lodge

10/10 Excellent
"Excellent service and the updated rooms are Excellent."
Alvin 1-night trip
Posted 1 hour ago
Banff Park Lodge
Tunnel Mountain Resort

Tunnel Mountain Resort

10/10 Excellent
"Surprisingly nicely renovated . Very clean well stocked kitchen. The only issue was that the shower door handle was broken. My lower back hit the handle and left me with a bruise."
DHALLA 1-night trip
Posted 3 hours ago
Tunnel Mountain Resort
Hidden Ridge Resort

Hidden Ridge Resort

10/10 Excellent
"Friendly staff. Comfortable room. Beautiful pool, hot tub and sauna overlooking the mountains. Bus pass was included in our stay which made accessing downtown so easy and removed the stress and cost of parking downtown. The bus runs frequently and is a very quick trip. Highly recommend this property."
Zachary 2-night trip
Posted 3 hours ago
Hidden Ridge Resort
Canalta Hotel Lodge

Canalta Hotel Lodge

10/10 Excellent
"Great place to stay close to Banf Town centre. Good breakfast and amazing outdoor hot tubs"
Raveendra 1-night trip
Posted 3 hours ago
Canalta Hotel Lodge
Charltons Banff

Charltons Banff

10/10 Excellent
"Great location and the staff were very knowledgeable"
Reg 2-night trip
Posted 5 hours ago
Charltons Banff
The Fox Hotel and Suites

The Fox Hotel and Suites

10/10 Excellent
"Bring a bathing suit hot tubs awesome"
Jamie 1-night trip
Posted 23 hours ago
The Fox Hotel and Suites
Banff Aspen Lodge

Banff Aspen Lodge

10/10 Excellent
"Cozy room"
Erwin 1-night trip
Posted 2 days ago
Banff Aspen Lodge

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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