Cheap Hotels & Resorts in Mykonos

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Best Mykonos Cheap Hotels

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Discover cheap things to do in Mykonos

Mykonos is not just about luxury resorts and high-end beach clubs; it also offers a wealth of experiences for budget-conscious travellers seeking value without compromising on excitement. Start by exploring the charming streets of Mykonos Town, where you can admire the iconic windmills and wander through the labyrinth of narrow alleys lined with vibrant shops and art galleries—perfect for window shopping or picking up unique souvenirs. Head to the stunning beaches of Agios Sostis and Ftelia for a day of sun and sea without the price tag of more popular spots; both beaches are perfect for a picnic or a swim in crystal-clear waters. For a taste of local culture, visit the archaeological site of Delos, just a short boat ride away, where entrance fees are modest and the history is captivating. Food lovers can feast on delicious gyros and souvlaki from local street vendors—affordable yet authentic options that deliver on flavour. Staying in the quieter area of Ornos can provide a lovely balance of convenience and tranquility, with easy access to the bus route into Mykonos Town, while still offering charming, budget-friendly hotels and a laid-back beach atmosphere. With a bit of planning, you can enjoy Mykonos's rich experiences without breaking the bank.

Find the best cheap hotels in Mykonos

For budget-conscious travellers visiting Mykonos, there are several hotels that offer excellent value without compromising on comfort. Here are five top picks that provide essential amenities and a pleasant stay.

Hotel Madalena

  • Why it's great for a budget-friendly vacation: Hotel Madalena is a fantastic option for budget travellers, offering a high traveler review rating of 9.4. This welcoming hotel provides essential amenities including free Wi-Fi, complimentary continental breakfast, and 24-hour airport shuttle services, ensuring travelers enjoy convenience and comfort without breaking the bank.
  • Other amenities: Guests can unwind on the terrace or take advantage of the onsite pool and sun loungers. With self-parking options available at no cost, it’s easy to explore Mykonos. Nearby activities include windsurfing, snorkeling, and hiking, allowing travelers to immerse themselves in the local scenery. The hotel also features Egyptian cotton sheets and daily housekeeping for an extra touch of comfort.
  • Nearby attractions: Mykonos Old Port - 0.9 km, Tourlos Beach - 1.3 km, Matoyianni Street - 1.3 km

Hotel Pelican

  • Why it's great for a budget-friendly vacation: With a remarkable traveler review rating of 9.4, Hotel Pelican stands out as an affordable haven for budget travellers. Guests appreciate the free Wi-Fi and 24-hour airport shuttle service, making travel arrangements simple and stress-free.
  • Other amenities: The hotel features a terrace and offers a range of spa services, including massages and beauty treatments, perfect for unwinding after a day of exploration. Enjoy the sea views and easy access to nearby shopping. The self-parking is complimentary, providing added convenience for those with vehicles. Daily housekeeping ensures a tidy and comfortable stay.
  • Nearby attractions: Matoyianni Street - 0.6 km, Fabrica Square - 0.4 km, Windmills of Mykonos - 0.7 km

Maki's Place

  • Why it's great for a budget-friendly vacation: Maki's Place is an ideal choice for budget-conscious travelers, with an impressive review rating of 9.4. This charming hotel offers free Wi-Fi and a delicious buffet breakfast included in the stay, ensuring a delightful start to each day without extra costs.
  • Other amenities: Guests can enjoy access to a lovely terrace and an inviting pool area, complete with sun loungers. The hotel features free self-parking and is conveniently located near a beautiful beach and shopping centre. With ferry terminal shuttles offered for free, it's easy to explore nearby islands. For families, the hotel also provides cribs and children's breakfast options.
  • Nearby attractions: Tourlos Beach - 0.6 km, Mykonos New Port - 0.6 km, Agios Stefanos Beach - 0.7 km

Grand Beach Mykonos

  • Why it's great for a budget-friendly vacation: Grand Beach Mykonos impresses with a traveler review rating of 9.4, providing an excellent balance of affordability and comfort. This hotel offers free Wi-Fi and a buffet breakfast, making it a great option for budget travellers looking to fuel up before exploring.
  • Other amenities: Guests can enjoy the outdoor pool, a private hot tub, and easy access to a nearby sandy beach. The hotel has self-parking available at no charge and features air conditioning for added comfort. With a poolside bar and daily housekeeping, travelers can relax and enjoy their stay to the fullest.
  • Nearby attractions: Fabrica Square - 0.8 km, Windmills of Mykonos - 1.1 km, Megali Ammos Beach - 0.3 km

Mykonos View

  • Why it's great for a budget-friendly vacation: Mykonos View is a superb choice for budget travellers with an excellent review rating of 9.2. This hotel provides free Wi-Fi and self-parking, ensuring a straightforward experience for travelers looking to explore Mykonos without overspending.
  • Other amenities: The hotel features a terrace and patio for outdoor relaxation, alongside a pool and kitchenette in select rooms. Guests can enjoy easy access to nearby beaches and snorkeling spots, plus concierge services for local recommendations. The hotel also offers babysitting services for families, ensuring that everyone can enjoy their stay.
  • Nearby attractions: Mykonos Old Port - 0.4 km, Tourlos Beach - 1.1 km, Matoyianni Street - 0.8 km

Top Mykonos Hotel Reviews

Frequently asked questions

What is Mykonos like for travellers on a budget?
Mykonos has a variety of cheap accommodation options and places to visit, making it a budget-friendly holiday choice. In addition to its well-known attractions such as Mykonos Old Port and Mykonos New Port, this destination is home to Matoyianni Street and Mount Kynthos, which you can enjoy while spending very little.
When is the best time for a budget trip to Mykonos?
Weather will likely play an important role when you plan your trip to Mykonos, but bear in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually August and July, with an average temperature of 24°C, while the coldest months are January and February, with an average of 13°C. Average annual precipitation for Mykonos is 384 mm.
What is there to see and do in Mykonos?
Mykonos attracts visitors with its bar scene and fantastic dining options, and offers plenty to see and do without spending a fortune. You can budget for the top local attractions that interest you most, such as Mykonos Old Port and Mykonos New Port, and then look for sights and activities that cost little or nothing at all. Explore and snap photos of landmarks like Church of Panagia Paraportiani and Armenistis Lighthouse, or check out the area's cultural spots like at Aegean Maritime Museum.
How can I get to Mykonos and get around on a budget?
Scoping out the transportation options in Mykonos can help keep you on budget. The closest airport is 1.3 mi (2 km) from the centre in Mykonos (JMK-Mykonos Island National). However, if that doesn't suit your budget, you can look into flights to Ermoupolis (JSY-Syros Island National), which is 21 mi (33.8 km) away. You can find out about water transport options at the port.

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