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Check availability on Mykonos Town Cheap Hotels

Tonight
24 Oct - 25 Oct
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25 Oct - 26 Oct
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30 Oct - 1 Nov
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6 Nov - 8 Nov

Our top choices for Mykonos Town cheap hotels

A swimming pool with clear blue water, surrounded by white buildings and palm trees.
A pathway leading to a building with a sign reading "Queen."
A nighttime pathway with illuminated lights, palm trees, and outdoor umbrellas.
A modern bedroom with a four-poster bed, a sofa, a TV, and a bathroom in the background.

1. Queen Suites

Queen Suites
Mykonos
United States
Maia
£121
includes taxes & fees
30 Oct - 31 Oct
Queen Suites
View all properties

Find out more about Mykonos Town

Discover cheap things to do in Mykonos Town

Mykonos Town offers a delightful blend of affordable experiences for budget-conscious travellers eager to explore its vibrant charm. Start your day with a stroll through the picturesque alleys, where the iconic white-washed buildings and colorful bougainvillea create a postcard-perfect backdrop. Don't miss the chance to visit the charming local markets, where you can find fresh produce and handcrafted goods at reasonable prices. For history enthusiasts, wandering through the ancient streets reveals fascinating architecture and hidden gems that tell the story of this enchanting island. As the sun sets, enjoy an evening at the waterfront, where you can soak in the stunning views without spending a dime. For food lovers, indulge in delicious local street food—like savory souvlaki or fresh seafood—perfect for a satisfying meal on a budget. Consider staying in the heart of Mykonos Town, where you can easily explore these attractions on foot, ensuring you make the most of your experience without breaking the bank.

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 £34*.

✅  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
"❤️❤️❤️❤️❤️"
Sebeko 1-night trip
Posted 1 day ago
Poseidon Hotel & Suites
Petinaros Hotel

Petinaros Hotel

10/10 Excellent
"Spotless rooms fantastic staff , Nadia was so lovely as was J"
Sandra 3-night trip
Posted 11 days ago
Petinaros Hotel

Frequently asked questions

Which area of Mykonos Town, South Aegean, Greece is best to stay in for cheap hotels?
For budget-conscious travellers seeking value without sacrificing convenience, the periphery of Mykonos Town, also known as Chora, is an excellent choice. This area offers a more affordable stay while keeping you within easy reach of the town's vibrant setting, shops, and restaurants.Specifically, areas near the Old Port or just outside the immediate town centre often provide more budget-friendly guesthouses and smaller hotels.
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 £34 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, South Aegean, Greece?
The most affordable time to visit Mykonos Town is generally during the winter low season, particularly from December through February. During these months, you'll find hotel prices at their lowest, making it an excellent option for value-conscious travellers.While the winter offers the best prices, the weather is cooler, with average temperatures ranging from 10-15°C, and some establishments might have reduced hours or be closed. This period is better suited for those who prioritise quiet exploration, enjoying the island's charm without the summer crowds, and perhaps focusing on indoor activities or cosy meals in local tavernas.For a better balance of price and pleasant weather, consider visiting in May, September, or October. These shoulder-season months offer good value on flights and accommodation, with temperatures typically in the comfortable 20-25°C range, superb for exploring the town's winding streets and enjoying the beaches without the peak summer rush.
What free activities should we do in Mykonos Town, South Aegean, Greece?
In Mykonos Town, a delightful array of free activities awaits, primarily centred around leisurely strolls, sightseeing, and soaking in the breathtaking coastal scenery. Most travellers gravitate towards iconic spots like Little Venice, the historic Windmills (Kato Mili), and the charming Matoyianni Street.For couples seeking a romantic and picturesque experience, a leisurely wander through the whitewashed lanes of Hora, Mykonos Town, is an absolute must. You can lose yourselves in the enchanting streets, discovering hidden gems and waterfront paths. As the day draws to a close, find a spot in Little Venice or near the Windmills to witness a truly unforgettable sunset, painting the sky with vibrant hues. A visit to the Church of Paraportiani, one of the town's most photographed landmarks, offers a glimpse into local architecture and provides a stunning backdrop for shared memories.Families will particularly enjoy exploring Mykonos Old Port and its surrounding seafront, where the bustling atmosphere and scenic views provide plenty of entertainment. A fun and memorable activity for all ages is to keep an eye out for Peter the Pelican, a popular local resident who often makes appearances around town and is a fantastic photo opportunity. For those who appreciate art, browsing the free galleries, such as the Rarity Gallery, offers a stimulating experience without any cost.
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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