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Check availability on Mykonos Town Cheap Hotels

Tonight
6 Sept - 7 Sept
Tomorrow
7 Sept - 8 Sept
Next weekend
11 Sept - 13 Sept
In two weeks
18 Sept - 20 Sept

Our top choices for Mykonos Town cheap hotels

Exterior
Standard Quadruple Room
Restaurant
Living room

1. Petinaros Hotel

Petinaros Hotel
Mykonos
United States
Jessica
£65
includes taxes & fees
2 Oct - 3 Oct
Petinaros Hotel
View from property
Outdoor pool
Property entrance
Junior Suite

2. Hermes Mykonos Hotel

Hermes Mykonos Hotel
Mykonos
United States
Rafael
£118
includes taxes & fees
23 Sept - 24 Sept
Hermes Mykonos Hotel
Rooftop terrace
Spa
Beach/ocean view
Exterior

3. Boutique Di Vito

Boutique Di Vito
Mykonos
United States
Alexander
£68
includes taxes & fees
7 Oct - 8 Oct
Boutique Di Vito
Exterior
Reception
Standard Room
Property entrance

4. Milena Hotel

Milena Hotel
Mykonos
United States
Christopher
£45
includes taxes & fees
6 Oct - 7 Oct
Milena Hotel
Exterior
Exterior
Terrace/patio
Lobby

5. Matogianni Hotel

Matogianni Hotel
Mykonos
France
Diego
£51
includes taxes & fees
2 Oct - 3 Oct
Matogianni Hotel
Terrace/patio
City view from property
Studio, Annex Building (WindMills) | Terrace/patio
Double or Twin Room, Balcony

6. Hotel Lefteris

Hotel Lefteris
Mykonos
Australia
Chris
£62
includes taxes & fees
1 Oct - 2 Oct
Hotel Lefteris
Exterior
Deluxe Room
Exterior
Exterior

7. Sunset Paraportiani Rooms

Sunset Paraportiani Rooms
Mykonos
United States
Arun
£89
includes taxes & fees
4 Oct - 5 Oct
Sunset Paraportiani Rooms
2-Bedroom Maisonette Sea View with Private Hot tub & Steam Shower
Honeymoon Sea View Suite Hot Tub
Exterior
Breakfast area

8. Mykonos Adonis Hotel

Mykonos Adonis Hotel
Mykonos
Canada
Sebastien
£116
includes taxes & fees
6 Oct - 7 Oct
Mykonos Adonis Hotel
Outdoor pool
Suite (Semi-Private pool (Panorama)) | View from room
Mando Pool Suite
Mando Pool Suite

9. Grand Beach Mykonos

Grand Beach Mykonos
Mykonos
United States
Patricia
£109
includes taxes & fees
2 Oct - 3 Oct
Grand Beach Mykonos
Exterior
Interior
Exterior
Interior detail

10. Galation

Galation
Mykonos
United States
Yijun
£60
includes taxes & fees
5 Oct - 6 Oct
Galation
View all properties

Find out more about Mykonos Town

Discover cheap things to do in Mykonos Town

Mykonos Town is a vibrant hub that offers plenty of affordable experiences for savvy travellers. Start your day with a stroll through the charming streets of Matoyianni, where you can admire the traditional Cycladic architecture and browse local boutiques selling handmade crafts and souvenirs. For a taste of culture without the price tag, head to the Mykonos Archaeological Museum, where you can explore fascinating exhibits showcasing the island's ancient history – entry is often free on specific days. Don’t miss the iconic windmills that offer breathtaking views of the town and the sea, perfect for an Instagram-worthy photo opportunity. For a budget-friendly meal, try a traditional Greek souvlaki from a local food stall, which is both delicious and easy on the wallet. Finally, the picturesque Little Venice area, with its stunning sunset views, invites you to unwind by the waterfront, where you can enjoy a drink at one of the many bars without breaking the bank. Staying in the heart of Mykonos Town not only keeps you close to these attractions, but also allows you to discover affordable hotels that provide a comfortable base for your adventures. Explore the narrow lanes, enjoy the lively atmosphere, and indulge in the local cuisine while knowing you’ve secured a great deal!

Find the best cheap hotels in Mykonos Town

Mykonos Town offers a variety of budget-friendly hotels that ensure guests can enjoy comfort and convenience without breaking the bank. Here are some top picks for an affordable stay in this beautiful destination.Milena Hotel

  • Why it's great for a budget-friendly vacation: Milena Hotel is a charming budget-friendly option that has received an exceptional review rating of 9.8, making it a top choice for those seeking value in Mykonos. Offering free Wi-Fi and self-parking, the hotel ensures a straightforward stay. Guests will appreciate the rooftop terrace and garden space for relaxation and enjoyment.
  • Other amenities: Additional features include nearby beach access, scuba diving opportunities, and boat tours for adventurous guests. The hotel also provides daily housekeeping and a snack bar for light bites, ensuring that guests have everything they need for a comfortable stay. Milena Hotel combines affordability with excellent service, making it a must-visit.
  • Nearby attractions: Fabrica Square - 1.4 km, Windmills of Mykonos - 1.7 km, Megali Ammos Beach - 1.8 km

Hotel Madalena

  • Why it's great for a budget-friendly vacation: Hotel Madalena is an excellent choice for budget-conscious travellers seeking comfort and quality. With an impressive guest review rating of 9.4, this hotel offers free continental breakfast and Wi-Fi, ensuring guests start their day right without extra costs. The hotel also features a lovely terrace and an inviting pool area for relaxation after exploring the beautiful surroundings.
  • Other amenities: Additional features include convenient 24-hour airport shuttle service, free parking, and nearby opportunities for windsurfing, snorkeling, and hiking. Guests can enjoy sea views from their rooms and benefit from daily housekeeping, ensuring a pleasant and tidy environment throughout their stay. With Egyptian cotton sheets and premium bedding, comfort is a priority at Hotel Madalena.
  • 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 fantastic review rating of 9.4, Hotel Pelican provides an outstanding budget option for travellers looking for a comfortable and welcoming atmosphere. Guests can enjoy complimentary Wi-Fi and toiletries, along with a 24-hour airport shuttle service for straightforward transfers. The hotel also boasts a lovely terrace where guests can unwind and enjoy the views.
  • Other amenities: In addition to its budget-friendly amenities, the hotel features self-parking at no extra cost and a range of spa services for those wanting to indulge in relaxation treatments. The hotel is conveniently located near shopping centres, ensuring guests have access to local attractions. Daily housekeeping and the option for in-room massages further enhance the guest experience at Hotel Pelican.
  • Nearby attractions: Matoyianni Street - 0.6 km, Fabrica Square - 0.4 km, Windmills of Mykonos - 0.7 km

Grand Beach Mykonos

  • Why it's great for a budget-friendly vacation: Grand Beach Mykonos is a superb budget-friendly hotel with a strong review rating of 9.4, perfect for those wishing to experience Mykonos without overspending. Guests can enjoy free buffet breakfast and Wi-Fi, alongside self-parking facilities. The outdoor pool and private hot tub options provide excellent relaxation opportunities in a beautiful setting.
  • Other amenities: This hotel also offers a range of amenities such as a poolside bar, a terrace with sea views, and easy access to the nearby beach. Guests can benefit from air conditioning, daily housekeeping, and a snack bar for light refreshments. With its stunning waterfront location, Grand Beach Mykonos ensures guests enjoy the best of Mykonos at an affordable price.
  • 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 stands out as a budget-friendly accommodation option with a solid review rating of 9.2, ideal for travellers who appreciate both affordability and comfort. Guests can take advantage of free Wi-Fi and self-parking, with the added bonus of a beautiful terrace and pool area for leisure and relaxation.
  • Other amenities: In addition to its budget amenities, the hotel features a kitchenette in select rooms, allowing for easy meal preparations. Guests can enjoy nearby beach access, along with snorkelling and other water activities. The hotel also offers daily housekeeping and a poolside bar for convenience and enjoyment during their stay.
  • Nearby attractions: Mykonos Old Port - 0.4 km, Tourlos Beach - 1.1 km, Matoyianni Street - 0.8 km

How to get cheap hotels in Mykonos Town?

✅ The length of stay in Mykonos Town often varies depending on the nature of the trip, but many travellers opt to stay for several days or up to a week to take in Mykonos Town's notable landmarks and points of interest.

✅  If you're looking for cheap hotels in Mykonos Town in 2026, book your hotel well in advance. Reserving your stay at least a few weeks or months ahead of time can help you take advantage of amazing rates on cheap hotels in Mykonos Town, and if your plans change you can find many options of hotels with free cancelation.

✅  To find affordable hotels in Mykonos Town on Expedia, start by entering your travel dates and the number of individuals in your group. Once you've provided this information, you can refine your search results by filtering for budget hotels in Mykonos Town.

✅  Use the filtering tools offered by Expedia to refine your search results by location, price limits, amenities such as breakfast included, and other factors that matter to you. This will help you quickly locate the ideal budget-friendly hotel that fits your specific requirements.

✅  If you're looking to save money on a cheap hotel in Mykonos Town, the ideal time to go is usually during the off-season in Mykonos Town. On Expedia, you can find hotels from £45*.

✅  Mykonos Town offers numerous budget-friendly attractions and activities for travellers, such as art and exhibits at free museums and galleries or exploring Mykonos Town on foot.

✅  One of the best ways to find cheap hotels in Mykonos Town is to search Expedia for properties that provide family-friendly accommodations and features such as activities and complimentary meals, and then sort these by price.

*Prices and availability are subject to change. Additional terms may apply.

Top Mykonos Town Hotel Reviews

Poseidon Hotel & Suites

Poseidon Hotel & Suites

10/10 Excellent
"This is a lovely place to stay, easy to walk in town, super helpful and friendly staff, beautiful pool, magnificent breakfast offering—certainly fit for Poseidon! One couldn’t want more—well, the bathroom in room 14 was quite small, but I would definitely stay there again. Loved it!"
John 4-night trip
Posted 6 hours ago
Poseidon Hotel & Suites
Magas Hotel

Magas Hotel

10/10 Excellent
"Would definitely stay here again! Helpful staff, free shuttle to/from the port, perfectly clean and comfortable rooms, and an easy walk into town. We enjoyed a lovely breakfast on our balcony as well while watching the adorable neighborhood cats."
Christina 1-night trip
Posted 3 days ago
Magas Hotel

Frequently asked questions

Which area of Mykonos Town is best to stay in for cheap hotels?
For travellers seeking cheap hotels in Mykonos Town, areas just outside the immediate bustling centre, such as the regions near the old port or around the outskirts of Chora, often provide more affordable accommodation options. These spots offer a quieter experience while still being within easy walking distance of the town's main attractions and vibrant setting.Solo travellers will find guesthouses and smaller hotels in these peripheral areas to be more budget-friendly, often with rooms that are perfectly suited for one person. You'll still be close enough to wander through the charming labyrinthine streets, visit the iconic windmills, and enjoy the sunset from Little Venice without the premium price tag of staying right in the heart of the action.Families might consider the areas slightly further out, perhaps a 15-20 minute walk from the centre, where you can sometimes find apartments or larger rooms at a better value. These locations often offer a more relaxed environment away from the late-night crowds, which can be beneficial for those travelling with children.
How much does a budget hotel in Mykonos Town cost?
Budget hotel prices in Mykonos Town vary, but you can find a great deal from £45 on Expedia. To find the cheapest budget hotels, be flexible with your dates. Typically, off-peak and mid-week stays are cheaper. Stretch your budget further by looking for hotels with free breakfast, free parking or free airport shuttles. Sort your search results by "Price: low to high" to see our lowest rates.
When is the most affordable time to visit Mykonos Town?
The most affordable time to visit Mykonos Town is during the shoulder seasons, specifically May or late September to early October. During these periods, you'll find lower prices for accommodation and flights compared to the peak summer months of July and August.These shoulder months offer pleasant weather, ideal for exploring the charming streets and iconic windmills without the overwhelming crowds. For solo travellers, this means a more relaxed atmosphere and easier access to popular spots like Little Venice and the Old Port, which can get incredibly busy in high season. You'll also find better deals on local eateries, allowing you to savour authentic Greek cuisine without breaking the bank.
Is Mykonos Town a budget-friendly destination?
While Mykonos Town is generally considered more expensive than other Greek islands, travellers can absolutely experience its magic on a budget with some smart planning.For accommodation, consider staying slightly outside the immediate town centre, or look for guesthouses and rooms to let in areas like Ano Mera, which offer better value while still providing easy access to Mykonos Town via local buses. Solo travellers might find hostels or shared rooms in the broader Mykonos area to be the most economical option.Couples can save on dining by enjoying meals from local bakeries and supermarkets, especially for breakfast and lunch. Many of the island's most captivating experiences are free, such as wandering through the charming labyrinthine streets of Mykonos Town, admiring the iconic windmills, or relaxing on one of the many beautiful public beaches. Exploring the Old Port and Little Venice offers picturesque views without costing a penny.
What free activities should we do in Mykonos Town?
There are several wonderful free activities to enjoy in Mykonos Town that will enrich your visit without costing a penny. Much of the island's charm lies in simply soaking up its atmosphere and admiring its iconic architecture.Couples and solo travellers will particularly enjoy wandering through the labyrinthine streets of Mykonos Town, also known as Chora. Explore the charming alleys with their whitewashed buildings, blue-domed churches, and vibrant bougainvillaea. This picturesque stroll offers endless photo opportunities and a chance to discover hidden corners. Don't miss the chance to visit Little Venice, a beautiful area where colourful houses with wooden balconies are built directly over the sea, creating a unique and romantic setting, especially at sunset.Another quintessential free activity is visiting the famous Mykonos Windmills, which stand proudly on a hill overlooking Mykonos Town. These historic structures once played a vital role in the island's economy and now offer panoramic views of the town and the Aegean Sea, superb for a memorable sunset experience. For those interested in the sea, a leisurely walk along the Old Port offers views of fishing boats and luxury yachts, providing a glimpse into the island's maritime life.
Can I cancel my budget hotel reservation on Expedia?
Many Expedia hotel reservations are refundable, provided that you cancel before the hotel's cancellation deadline. This is often within 24-48 hours of your scheduled arrival. Be sure to check your booking confirmation for the exact cancellation policy. For maximum flexibility, use Expedia's "Fully refundable property" filter during your search to find the right budget hotel in Mykonos Town for you.
How can I save on a budget hotel in Mykonos Town with Expedia?
There are plenty of ways to save on a budget hotel in Mykonos Town. Join One Key™, our free travel rewards programme, to unlock instant discounts with Member Prices across a range of hotels. Typically, booking in advance will help you save on your hotel booking. If you're feeling spontaneous, be sure to check for last-minute deals.
Is it cheaper to book flights and a hotel in Mykonos Town as a package?
Booking a hotel and flight package on Expedia can be cheaper than booking flights and hotels separately. Savings vary depending on factors like destination, travel dates, and availability, so it's wise to compare options. With access to over 300,000 hotels worldwide, Expedia makes it easy to build the perfect travel package. *Savings vary and are not available on all flight and hotel bookings.

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