Cheap Hotels & Resorts in Mykonos from NZ$78

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Best Mykonos Cheap Hotels

Niriides Homes & Villas

Mykonos
9.6 out of 10, Exceptional, (141)
"Amazing accommodation Great location if you have car Can be noisy if too windy"
Australia
Michael
The price is NZ$122
includes taxes & fees
14 Dec - 15 Dec
Niriides Homes & Villas

Eternal Suites

Mykonos
9.0 out of 10, Wonderful, (127)
"Lovely, just to walk up to the hill at night from the town is a bit hard…"
United Kingdom
Fabio
The price is NZ$99
includes taxes & fees
8 Dec - 9 Dec
Eternal Suites

Karboni Hotel

1.0 star property
Mykonos
6.8 out of 10, (17)
"She was an amazing host! We really enjoyed our visit and be back in the future!!"
United States
pelin
The price is NZ$88
includes taxes & fees
8 Dec - 9 Dec
Karboni Hotel

Eternal Town

Mykonos
9.4 out of 10, Exceptional, (35)
"Very nice and clean studio - would stay again!"
United States
Christopher
The price is NZ$78
includes taxes & fees
16 Dec - 17 Dec
Eternal Town

Mykonos Moussa Suites

Mykonos
9.8 out of 10, Exceptional, (94)
"Great hospitality. Great sea view. Close to nice beaches. "
United States
Osman
The price is NZ$239
includes taxes & fees
11 Dec - 12 Dec
Mykonos Moussa Suites

Oniro Suites

Mykonos
9.4 out of 10, Exceptional, (99)
"Zoe is perfect! She lovely. We felt like own home. "
Brazil
Johnnatan
The price is NZ$222
includes taxes & fees
13 Dec - 14 Dec
Oniro Suites

VE ZO Suites Mykonos

4.0 star property
Mykonos
10.0 out of 10, Exceptional, (12)
"Way more value for what you get vs what you paid. Very nice space and just moments away from zuma"
United States
Matthew
The price is NZ$165
includes taxes & fees
1 Jan - 2 Jan 2026
VE ZO Suites Mykonos

Seacode Villas

Mykonos
10.0 out of 10, Exceptional, (17)
"Beautiful property with amazing views, private pool, hot tub, onsite parking and walkable to beach. This was an amazing 3 bedroom property with amazing views of the sea and beach. Pool, outdoor kitchen and hot tub were very nice. "
United States
Perianan
The price is NZ$273
includes taxes & fees
8 Dec - 9 Dec
Seacode Villas

Boho Origin

Mykonos
9.6 out of 10, Exceptional, (13)
"Reception was very helpful and friendly and area was abit away from the chaos of Mykonos nightlife. (Avoid the expensive sushi place down the road)"
Canada
Melissa
The price is NZ$154
includes taxes & fees
13 Dec - 14 Dec
Boho Origin

Boutique Di Vito

4.0 star property
Mykonos
9.6 out of 10, Exceptional, (39)
"Beautiful place"
United States
Diego
Boutique Di Vito
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.

Find out more about Mykonos

Discover cheap things to do in Mykonos

For budget-conscious travellers seeking an adventure in Mykonos, the island offers a delightful mix of affordable activities and memorable experiences. Start your exploration at the iconic Mykonos Windmills, where you can soak in stunning views of the island without spending a dime. A stroll through the charming streets of Mykonos Town, with its whitewashed buildings and vibrant bougainvillaea, is a wonderful way to experience the local culture—perfect for those who love wandering and snapping photos. Head to the beaches, like Platis Gialos, where you can enjoy a day of sunbathing or swimming, and grab a reasonably priced meal at a nearby taverna offering fresh seafood and traditional Greek dishes. For an enriching experience, visit the Archaeological Museum of Mykonos, which has an affordable entry fee and showcases fascinating artefacts from the island's rich history. For accommodation, consider staying in the quieter area of Agios Stefanos, known for its stunning sunsets and a more relaxed atmosphere, where you can find a range of budget hotels. This area not only provides convenient access to the beach but also allows you to enjoy the local dining scene without breaking the bank. With a blend of culture, relaxation, and affordability, Mykonos is perfect for those who seek quality experiences without the hefty price tag.

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: Hotel Pelican is an excellent option for budget-conscious travellers, offering remarkable value with a review rating of 9.4. Guests can take advantage of free Wi-Fi, 24-hour airport shuttle service, and complimentary self-parking. With free toiletries and a welcoming atmosphere, this hotel ensures a comfortable stay for those looking to explore Mykonos on a budget.
  • Other amenities: The hotel features a lovely terrace and offers a range of spa services, including massages and beauty treatments. Guests can enjoy sea views from their rooms, and daily housekeeping ensures a tidy environment. The concierge service is available to assist with local recommendations, and the hotel is conveniently located near shopping areas, enhancing the overall experience for guests.
  • Nearby attractions: Fabrica Square - 0.4 km, Windmills of Mykonos - 0.7 km, Matoyianni Street - 0.6 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

Explore a world of travel with Expedia

Frequently asked questions

What is Mykonos like for travellers on a budget?
Discover discount places to stay in Mykonos on Expedia.com and book a holiday that stays within your budget. Mykonos is a destination that travellers visit for its bar scene and fantastic dining options. You can browse a wide selection of hotels and other accommodation options with Member Prices to find the best deal for you and earn rewards. With our site's helpful page filters, you can search by your price range, or by favourite amenities like free breakfast and free WiFi. If you're hoping for reasonable options around local sights, such as Matoyianni Street or Aegean Maritime Museum, try out the location filters to narrow down your search. As you browse, click the heart button to save your favourites so that you can come back to them when you're ready to decide. Need a car or a flight too? Choose from the holiday packages available under Bundle and Save and discover big savings when you book your transport at the same time.
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 local attractions that interest you most, and then fill your itinerary with sights that cost very little. Explore and snap photos of landmarks like Church of Panagia Paraportiani, or check out the area's cultural spots like Aegean Maritime Museum and Rarity Gallery.
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.