A calm lake surrounded by mountains and dense forests.

Cheap Hotels & Resorts in Banff from NZ$560

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Check availability on Banff Cheap Hotels

Tonight
20 Aug - 21 Aug
Tomorrow
21 Aug - 22 Aug
This weekend
21 Aug - 23 Aug
Next weekend
28 Aug - 30 Aug

Our top choices for Banff cheap hotels

1. Banff Inn

Banff Inn
Uptown District
Canada
Eddy
NZ$667
includes taxes & fees
23 Aug - 24 Aug
Banff Inn

2. Elk + Avenue Hotel

Elk + Avenue Hotel
Downtown District
United States
sdeepthi
NZ$816
includes taxes & fees
21 Aug - 22 Aug
Elk + Avenue Hotel

3. Charltons Banff

Charltons Banff
Uptown District
Canada
Gurdeep
NZ$691
includes taxes & fees
30 Aug - 31 Aug
Charltons Banff

4. Douglas Fir Resort and Chalets

Douglas Fir Resort and Chalets
Tunnel Mountain District
United Kingdom
Guy
NZ$560
includes taxes & fees
28 Aug - 29 Aug
Douglas Fir Resort and Chalets

5. Bow View Lodge

Bow View Lodge
Downtown District
United States
SANTOSH
NZ$642
includes taxes & fees
24 Aug - 25 Aug
Bow View Lodge

6. Banff Rocky Mountain Resort

Banff Rocky Mountain Resort
Banff
Canada
Gerald
NZ$787
includes taxes & fees
2 Sept - 3 Sept
Banff Rocky Mountain Resort

7. Brewster Mountain Lodge

Brewster Mountain Lodge
Downtown District
United States
Angela
NZ$794
includes taxes & fees
23 Aug - 24 Aug
Brewster Mountain Lodge

8. Mount Royal Hotel

Mount Royal Hotel
Downtown District
United States
claudia
NZ$847
includes taxes & fees
21 Aug - 22 Aug
Mount Royal Hotel

9. Canalta Hotel Lodge

Canalta Hotel Lodge
Uptown District
United States
NILESH
NZ$838
includes taxes & fees
23 Aug - 24 Aug
Canalta Hotel Lodge

10. King Edward Hotel

King Edward Hotel
Downtown District
Canada
Harriet
NZ$707
includes taxes & fees
26 Aug - 27 Aug
King Edward Hotel
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

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 Rocky Mountain Resort

Banff Rocky Mountain Resort

10/10 Excellent
"Everything was amazing. Just one observation regarding the balcony. It’s very hard to imagine the beautiful interior of the room by looking at the dilapidated balcony."
Mostafiz 2-night trip
Posted 3 hours ago
Banff Rocky Mountain Resort
Elk + Avenue Hotel

Elk + Avenue Hotel

10/10 Excellent
"The room was nice as was the bathroom. We were right off the lobby near the elevator which is normally something that would drive me crazy but it was not an issue. The hotel was nice and left earplugs in our room just in case, but I had my Sleep Pillow app running on white noice, so we heard nothing. I want to put in a plug for the restocking, Farm to Table. Excellent. Had breakfast and dinner there and I highly recommend. The location of the hotel is very convenient and parking in their garage was easy."
Drayton 1-night trip
Posted 5 hours ago
Elk + Avenue Hotel
Hidden Ridge Resort

Hidden Ridge Resort

10/10 Excellent
"Great place!"
Rachelle 1-night trip
Posted 5 hours ago
Hidden Ridge Resort
Buffalo Mountain Lodge

Buffalo Mountain Lodge

10/10 Excellent
"Amazing staff and very cozy room :D Loved the tea amenities."
Kim 2-night trip
Posted 6 hours ago
Buffalo Mountain Lodge
Banff Aspen Lodge

Banff Aspen Lodge

10/10 Excellent
"Clean room, excellent breakfast, great hot tub"
Taylor 2-night trip
Posted 9 hours ago
Banff Aspen Lodge
The Fox Hotel and Suites

The Fox Hotel and Suites

10/10 Excellent
"Great affordable place to stay while in Banff and close to everything"
Joseph 3-night trip
Posted 11 hours ago
The Fox Hotel and Suites
Fairmont Banff Springs

Fairmont Banff Springs

10/10 Excellent
"Great experience"
shujun 2-night trip
Posted 1 day ago
Fairmont Banff Springs
Brewster Mountain Lodge

Brewster Mountain Lodge

8/10 Good
"While the breakfast was okay, they could up their game a little."
Steve 2-night trip
Posted 3 days ago
Brewster Mountain 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. In addition to its well-known attractions such as Banff Gondola, this destination is home to Tunnel Mountain and Bow Falls, which you can enjoy while spending very little.
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 fantastic dining options and majestic mountain views, 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 Banff Gondola, and then look for sights and activities that cost little or nothing at all. Take in the local culture at Canada House Gallery and Whyte Museum of the Canadian Rockies, or enjoy the area's natural beauty 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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