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Our top choices for Mykonos Town cheap hotels

Legacy Suites

Legacy Suites
Mykonos
9.4 out of 10, Exceptional, (155 reviews)
"Great staff beautiful restaurant very close to little venice"
United States
Aisa
The price is £111
includes taxes & fees
11 May - 12 May
Legacy Suites

Mykonos Bay Resort & Villas

Mykonos Bay Resort & Villas
4.0 star property
Mykonos
9.6 out of 10, Exceptional, (578 reviews)
"Amazing stay!"
Canada
Anne
The price is £144
includes taxes & fees
10 May - 11 May
Mykonos Bay Resort & Villas

Mytheo Luxury Studios

Mytheo Luxury Studios
Mykonos
The price is £65
includes taxes & fees
28 Apr - 29 Apr
Mytheo Luxury Studios

Matogianni Hotel

Matogianni Hotel
2.0 star property
Mykonos
8.6 out of 10, Excellent, (441 reviews)
"Great staff-perfect quiet location"
United States
nancy
The price is £43
includes taxes & fees
6 May - 7 May
Matogianni Hotel

Mykonos View

Mykonos View
3.0 star property
Mykonos
9.2 out of 10, Wonderful, (460 reviews)
"Beautiful quiet place. Easy walk to town and beautiful views."
United States
Angela
The price is £84
includes taxes & fees
9 May - 10 May
Mykonos View

Boutique Di Vito

Boutique Di Vito
4.0 star property
Mykonos
9.4 out of 10, Exceptional, (46 reviews)
"The hotel is wonderful ,the staff excellent ,very friendly ,the food spectacular ,all in this hotel is five stars !!!If you come to athenas ,this is the perfect hotel for your trip."
United States
RAFAEL
The price is £61
includes taxes & fees
28 Apr - 29 Apr
Boutique Di Vito

Feel Breeze

Feel Breeze
Mykonos
9.0 out of 10, Wonderful, (19 reviews)
"Great place to be! A bit of a walk to the town"
Canada
Jean
The price is £56
includes taxes & fees
24 Apr - 25 Apr
Feel Breeze

Cape Mykonos

Cape Mykonos
Mykonos
9.4 out of 10, Exceptional, (368 reviews)
"Room was comfortable and hotel is close to town."
Canada
mack
The price is £113
includes taxes & fees
12 May - 13 May
Cape Mykonos

Hermes Mykonos Hotel

Hermes Mykonos Hotel
4.0 star property
Mykonos
9.6 out of 10, Exceptional, (918 reviews)
"Beautiful hotel and very friendly staff. "
United States
Maria
The price is £120
includes taxes & fees
8 May - 9 May
Hermes Mykonos Hotel

Ilio Maris Hotel

Ilio Maris Hotel
4.0 star property
Mykonos
9.4 out of 10, Exceptional, (221 reviews)
"Great breakfast and great staff "
United States
Chase
The price is £105
includes taxes & fees
22 Apr - 23 Apr
Ilio Maris Hotel
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 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 £43*.

✅  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

Frequently asked questions

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 £43 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.
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.
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.
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 Member Prices across a range of hotels. Typically, booking in advance will help you save on hotel bookings. If you're feeling spontaneous, be sure to check for last-minute deals.
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.
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. Bundling can lead to significant savings, especially for international travel or when booking well in advance. However, 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.
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.

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