Cheap Hotels in Banff

Naomi Tucker
3 months ago

Are you in a hurry?

Here is a quick list of Cheap Hotels in Banff, selected based on their rating

Name of hotel Accommodation Rating Price, $
Banff Caribou Lodge And Spa

7.9 / 10

(1369 Reviews)

From 85$
The Rundlestone Lodge

7.9 / 10

(1082 Reviews)

From 74$
Bow View Lodge

8.0 / 10

(1196 Reviews)

From 67$
Irwin'S Mountain Inn

7.8 / 10

(939 Reviews)

From 100$
Douglas Fir Resort & Chalets

7.2 / 10

(1194 Reviews)

From 242$

Hey wanderers, it’s Naomi here, slinging a guide to Banff's hidden gems where your bank account won't call for a rescue mission. Festivals call for camaraderie, spontaneous laughter, and splurging on experiences, not on overpriced lodgings that suck the life out of your wallet. So let's dig into how to make your adventures in this stunning mountain oasis comfortable without the hefty price tag – all while keeping safety at the forefront.

Remember, when packing your bags for a festival, you’re not just bringing clothes and a checklist; you're bringing a crew. Budget-friendly hotels in Banff are here to provide shelter for your thriving troupe. With options that offer round-the-clock security, it’s like having your own personal bouncer ensuring each soirée is a blast without the worry. After all, who wants to be stressing about safety when you should be soaking in the festival vibes?

Now, let's not forget about creature comforts; affordable doesn’t mean sacrificing coziness or convenience! Imagine resting those adventurous legs in a cozy nook where the hot cocoa flows freely and you can plot your next escapade. When choosing where to lay your head, you host your own secret festival of comfort featuring crisp linens, warm smiles, and essential amenities that don't break the bank. This is your home base, your hub of hilarity where you and your pals can toast to unforgettable nights under the stars, planning mischief, and recounting tales of the day.

So, daring explorers, let’s embark on a journey through the world of value-driven lodging options that nestle snugly in the heart of Banff—where every dime saved is another dollar towards adventure. Grab your friends, throw caution to the wind, and let your spirits soar without fear or frostbite. This is how to keep the good times rolling without draining your finances. Welcome to the whimsical world of budget-friendly fun in the heart of the Rockies!

Best Affordable Hotels in Banff

Table of contents

Banff Caribou Lodge And Spa The Rundlestone Lodge Bow View Lodge Irwin'S Mountain Inn Good Cheap hotels in Banff Douglas Fir Resort & Chalets The Juniper Hotel & Bistro King Edward Hotel Cheap Hotels in Downtown Banff The Dorothy Motel Best Western Plus Banff International Lodge Brewster Mountain Lodge

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7.9
Very good
1369 Reviews

Banff Caribou Lodge And Spa

📍 521 Banff Avenue

From 85$

The comfortable 3-star Banff Caribou Lodge And Spa hotel is only 0.8 km from Bow River Trail and offers a steam room, a hot tub, and a sauna. Located in a lake, the smoke-free hotel is just steps from Whiskey Creek.

The hotel is centrally located steps away from Banff Rotary Park, right in the very heart of Banff. At this Banff property, guests will be in the vicinity of Lake Louise.

The hotel is situated approximately a 10-minute drive from Bow Falls.

The spacious rooms include a seating area and a dining area, furnished with a stone fireplace, and some of them face the garden. Guests will appreciate such comforts as central heating and an ironing board, and relax with a flat-screen cable-TV.

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7.9
Very good
1082 Reviews

The Rundlestone Lodge

📍 537 Banff Avenue

From 74$

Situated 14 km from 40 Mile Creek, the 3-star Rundlestone Lodge Banff hotel features a lift and a vending machine for guests' convenience. Located just a few steps from Banff Park Church, the smoke-free hotel boasts 67 rooms with views of the Eiffel Tower.

The hotel has a prime location in the centre of Banff approximately a 20-minute stroll from Whyte Museum of the Canadian Rockies. From The Rundlestone Banff it will take 19 minutes to walk to Surprise Corner.

This Banff property is also in the vicinity of Tunnel Mountain. Bow River Trail is also situated only 1 km away.

Some rooms include a balcony and a lounge featuring blackout drapes, individual climate control, and an ironing board, along with a flat-screen cable TV. They are outfitted with spacious decor. Offering amenities such as dressing gowns, the bathrooms also have a spa bathtub. Guests can enjoy views of the city.

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8
Very good
1196 Reviews

Bow View Lodge

📍 228 Bow Avenue

From 67$

Offering currency exchange and a vending machine, the 3-star Bow View Lodge Banff hotel is nestled merely 5 minutes' walk from Banff Canoe Club and only 1.7 km from Banff Centre for Arts and Creativity. Situated in the vicinity of Banff Avenue and overlooking the mountain, this charming hotel offers a steam room and an indoor pool.

The hotel has a charming setting within 20 minutes' walk of Tunnel Mountain Trail. The lovely Bow View Banff is only 1.8 km from Surprise Corner Viewpoint and beside a national park and a river.

Visit 1st Vermilion Lake, 750 metres from the accommodation, and feel complete harmony with the nature of Canada.

Each of the allergy-friendly rooms has a sitting area, as well as bathrooms with a separate toilet and a shower, and such comforts as hair dryers and bath sheets. They are decorated with elegant furniture.

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Good Cheap hotels in Banff

In the heart of Banff, where stunning mountain landscapes meet an exhilarating spirit of adventure, a treasure trove of budget-friendly accommodations awaits the savvy traveler. Picture a cozy lodge where laughter fills the air, and your group of friends can gather after a day spent exploring rugged trails and soaking in natural hot springs. Imagine spending evenings swapping stories over home-cooked meals, or bonding over shared travel mishaps in a comfortable common area. These hidden gems foster camaraderie and create unforgettable memories, offering the perfect launchpad for an epic escapade without breaking the bank. Come for the beauty, stay for the fun, and leave with friendships strengthened by shared experiences in this breathtaking playground!

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7.8
Very good
939 Reviews

Irwin'S Mountain Inn

📍 429 Banff Avenue

From 100$

The comfortable Irwin'S Mountain Inn Banff includes 49 rooms and is situated nearly a 5-minute walk from Bow River. Boasting a fitness studio, the 3-star inn is in the very heart of the city, fairly close to Banff Avenue.

Banff Centre for Arts and Creativity is a mere 1.7 km from this smoke-free hotel, while Canada House Art Gallery is 0.9 km away. The city's skiing area gives access to Bow River Trail, which is in close proximity to the property.

The hotel is conveniently located close to hot springs. There is Fairmont Banff Springs approximately 10 minutes away by car, and Brewster bus station is 500 metres from Irwin'S Mountain Inn.

Some of the air-conditioned rooms comprise a sitting area and a kitchenette, and are furnished with a pull-out sofa and a study desk. A flat-screen TV with satellite channels, as well as comforts as an ironing set and air conditioning are also featured. Some of the air-conditioned rooms have views of the garden.

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7.2
Good
1194 Reviews

Douglas Fir Resort & Chalets

📍 525 Tunnel Mountain Road

From 242$

Nestled just 250 m from Tunnel Mountain Trailhead, the 3-star Douglas Fir Resort & Chalets Banff features 2 water slides and 2 spa tubs among its highlights. This unique hotel is ideally located in a mountain district and there is a parking garage on site.

Surrounded by a mountain, the hotel is about a 25-minute walk from Surprise Corner. Douglas Fir Resort Waterslides & Pools is within a 500-metre distance of the accommodation, while Banff Upper Hot Springs is 3.3 km away.

The perfect hotel is also within reach of Tunnel Mountain.

Douglas Fir Resort & Chalets offers rooms with a kitchen and a dining area featuring an ironing set and an air conditioner, along with a flat-screen TV with satellite channels. They feature bathrooms with a separate toilet and a shower as well as hair dryers and bath sheets.

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Hotels in Banff

Hotel with a view 🔍 Banff Caribou Lodge And Spa
Top Service Hotel 🛁 The Rundlestone Lodge
Best Price Hotel 🤑 Bow View Lodge

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8.6
Excellent
900 Reviews

The Juniper Hotel & Bistro

📍 1 Juniper Way

From 95$

The 3-star Juniper Hotel & Bistro Banff includes 46 rooms and is situated about 25 minutes' walk from Echo Creek. Overlooking Rocky Mountains, this Banff hotel features spa therapy, a picnic area, and a golf course.

Bow Falls stands 3.3 km away, and Mystic Express is 2.6 km from the hotel. You'll be within 25 minutes' walk of 1st Vermilion Lake.

This Banff property is also nestled close to mountains and a national park. The Juniper Hotel & Bistro is located 2.3 km from Cave and Basin National Historic Site.

Featuring a spacious interior with a stone fireplace, some of the rooms are equipped with blackout drapes and an ironing board, along with complimentary wireless internet and a flat-screen cable-TV. They are appointed with a writing table, and also feature coffee/tea making facilities. The separate bathrooms are fitted with bathrobes. Guests will surely enjoy panoramic views of the patio.

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Cheap Hotels in Downtown Banff

Nestled in the vibrant heart of Banff, the charm of affordable hotels unfolds like a well-worn map of adventure waiting to be explored with friends. Tucked away from the bustling crowds yet just a short stroll from the iconic peaks, these economical havens offer a perfect launching pad for your group escapades. Picture evenings filled with laughter and half-formed plans, shared stories over comfy beds, and excitement buzzing in the air as you each hatch new ideas for the next day's explorations. In these cozy retreats, friendship flourishes amidst the stunning backdrop of towering mountains and lush scenery, proving that epic experiences don’t always have to come with a hefty price tag – sometimes, the best memories are made in the simplest of places!

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8.1
Very good
757 Reviews

King Edward Hotel

📍 137 Banff Avenue

From 67$

Providing 21 rooms, the 2-star King Edward Hotel Banff is nestled nearly 25 minutes' walk from Bow River. Located 3.2 km from Tunnel Mountain Trail, this Banff hotel also provides a golf playground for guests who enjoy sports.

The centre of Banff is a 5 minutes' walk of the hotel. Fairmont Banff Springs is just moments from the accommodation, while Bear Street and Banff Avenue are both nearby.

The hotel is situated about 5 minutes' drive from Surprise Corner, and Brewster bus station lies merely a 10-minute walk away.

The private bathrooms are appointed with a hairdryer and toiletries.

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8.7
Excellent
1269 Reviews

The Dorothy Motel

📍 250 Marmot Crescent

From 87$

The 2-star Dorothy Motel Banff offers guests access to Cave and Basin National Historic Site, which is 3 km away. The motel boasts views of the garden and offers free Wi-Fi throughout the property.

The superior hotel is perfectly situated 15 minutes on foot from Banff Avenue. Whyte Museum of the Canadian Rockies is in proximity to this accommodation.

The quaint hotel is surrounded by a national park and the woods.

The Dorothy Motel offers 10 rooms with an air conditioner, as well as self-catering options such as coffee/tea making machines. Bathrooms feature a separate toilet and a shower along with hairdryers and toiletries.

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8.4
Very good
1821 Reviews

Best Western Plus Banff International Lodge

📍 453 Marten Street Box 1387

From 85$

The 3-star Best Western Plus Banff International Lodge hotel is situated in a touristic area of Banff, merely 14 minutes' walk from Central Park and 1.3 km from Banff Pedestrian Bridge. Featuring a hot tub and spa therapy, as well as an indoor swimming pool, this smoke-free hotel is nestled in the historical district of Banff, near a train station.

The hotel has a prime setting within reach of Cascade of Time Garden. The Best Western Banff is also 700 m from Echo Creek.

Guests can find a national park close to the accommodation.

The 57 rooms are air-conditioned, and equipped with a multi-channel TV as well as coffee/tea making machines.

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Cheap Hotels in Banff with Free Parking

Imagine a budget-friendly haven nestled amid the majestic peaks, where the thrill of adventure meets the camaraderie of friendship. These cheap hotels in Banff serve as the perfect launching pad for an epic getaway with your pals. With free parking to boot, you can load up the car with all your gear—hiking boots, snowboards, or simply the essential snacks for your journey. You’ll create unforgettable memories together, from late-night laughter over cups of cocoa to planning daring hikes that will test your limits. Each morning, you’ll wake up surrounded by nature's grandeur, ready to explore and embrace every moment of your memorable escapade.

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8.6
Excellent
1161 Reviews

Brewster Mountain Lodge

📍 208 Caribou Street

From 93$

Brewster Mountain Lodge Banff hotel offers 46 rooms a 5-minute walk from Whyte Museum of the Canadian Rockies. This hotel is housed in a log-style building featuring currency exchange and a tour desk for a more comfortable stay.

Situated in the very heart of Banff, the 3-star hotel is right near Lake Minnewanka. The property is 2.5 km from Willow Stream Spa at the Fairmont Banff Springs and adjacent to a restaurant and bars.

This Banff hotel is also not far from Rocky Mountains. Brewster Mountain Lodge hotel is an ideal place for exploring Bow River Trail, located a 6-minute walk away.

The allergy-friendly rooms of this hotel have an iron and ironing board along with tea and coffee-making facilities. Bathrooms are fitted with a separate toilet and a shower as well as hairdryers and bath sheets. Staying at the hotel, guests can enjoy view of the mountain.

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8.5
Very good
543 Reviews

Mount Royal Hotel

📍 138 Banff Avenue

From 149$

Located only 5 minutes' stroll from Lake Minnewanka, the world-class 3-star Mount Royal Hotel Banff provides guests with 24-hour front desk assistance and wake-up calls. Canada House Art Gallery is within easy reach of the historical hotel, which is set among a mountain.

The hotel lies in the very heart of Banff, in a downtown area, just 200 metres from Central Park. The non-smoking accommodation is nearly a 10-minute ride from Cascade in Banff.

This Banff hotel is also not far from Lake Minnewanka. There is Bow Falls Viewpoint merely 1.5 km away, and Brewster bus station is in close proximity to Mount Royal Hotel.

The 135 rooms are allergy-friendly and equipped with complimentary wireless internet and a flat-screen TV with satellite channels as well as tea and coffee making equipment. Bathrooms include a separate toilet and a shower, along with a hair dryer and shower caps. Guests can enjoy views of the mountain.

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8.5
Very good
926 Reviews

Banff Park Lodge

📍 222 Lynx Street

From 75$

Offering a shared lounge and various recreational opportunities, Banff Park Lodge hotel lies in a skiing area of Banff a 5-minute walk from Canada House Art Gallery. Featuring 212 rooms with views of the city, the hotel is 1.7 km from Tunnel Mountain Trail.

The large waterfall "Bow Falls" is a 25-minute walk away, while Cave and Basin National Historic Site is 10 minutes' drive from the comfortable hotel. Banff Park Lodge is situated in a downtown district, not far from Lake Minnewanka.

This accommodation allows you to enjoy such natural sights as 1st Vermilion Lake 1.4 km away.

This Banff hotel offers rooms with a sitting area featuring ironing equipment, along with electrical adapters and a flat-screen TV with satellite channels. Also, there is an individual safe, coffee/tea making machines provided. The private bathrooms are appointed with a spa bathtub and a walk-in shower, and such comforts as dressing gowns.

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Family Cheap Hotels in Banff

Nestled amidst breathtaking landscapes, family-friendly accommodations in Banff offer a perfect blend of comfort and budget-friendly pricing, ensuring that creating lifelong memories doesn't come with a hefty price tag. Imagine cozy rooms where laughter echoes off the walls, and the excitement of adventures swirls in the air—each stay becomes a tapestry of shared moments, from early morning hikes to starlit storytelling sessions. These charming retreats embrace the essence of familial bonds, providing a warm haven where parents can unwind while kids explore their surroundings, making every moment feel like a joyful reunion in the heart of nature.

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9.3
Excellent
178 Reviews

Holiday Lodge Bed And Breakfast

📍 311 Marten Street

From 114$

The 2-star Holiday Lodge Bed And Breakfast Banff provides proximity to Banff Centre for Arts and Creativity, which is located only 1.7 km away. You will find a shared lounge at this Banff bed & breakfast.

The centre of Banff can be reached within a 5-minute walk. The hotel is nearly a 5-minute stroll from Free Banff Gondola Shuttle bus stop and merely 300 metres from Bear Street.

Bow Falls also lies only 1.9 km away.

Along with a separate toilet and a shower, the private bathrooms have a hairdryer and bath sheets.

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8.3
Very good
1717 Reviews

Banff Ptarmigan Inn

📍 337 Banff Avenue

From 74$

Featuring a lift and a vending machine, Banff Ptarmigan Inn is located 9 minutes' walk from Whyte Museum of the Canadian Rockies. This perfect inn is just 1.6 km from Banff Centre for Arts and Creativity and provides guests with a steam room, a Jacuzzi, and a sauna.

Situated a 10-minute drive from Cave and Basin National Historic Site, the hotel is a few moments from Bear Street. The 3-star Ptarmigan Inn is also within 700 metres of Echo Creek.

Occupying a central location, the property lies steps from a national park. Vermilion Lakes is also situated 2.4 km away.

The boutique property features allergy-friendly rooms appointed with ironing facilities as well as Wi-Fi and a flat-screen TV with satellite channels. They are fitted with pine furniture, a stone fireplace. Enjoy views of the mountain, while staying at this Banff hotel.

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7.6
Very good
1397 Reviews

Red Carpet Inn

📍 425 Banff Avenue

From 52$

Located 2.7 km from Vermilion Lakes, the perfect Red Carpet Inn Banff is about a 5-minute walk from Bow River Trail. The 3-star inn just moments from Banff Avenue pampers its guests with a swimming pool as well as a hot tub and a sauna.

This smoke-free hotel is nestled in Banff, close to hot springs. Canada House Art Gallery is 850 metres from the excellent property in Banff.

The hotel is also within a few blocks of Lake Louise. You can easily find Lake Minnewanka in the vicinity of the quality Red Carpet Inn.

The 49 rooms at the property are equipped with comforts such as an iron with ironing board and air conditioning, as well as complimentary Wi-Fi and a flat-screen TV with satellite channels. Also, there is a safe, coffee and tea making equipment provided. Some of the air-conditioned rooms have views of the mountain.

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Pet-Friendly Cheap Hotels in Banff

When the call of the wild beckons, and you have your furry friends in tow, Banff’s charming landscape becomes the perfect playground for unforgettable adventures. Picture a cozy retreat where you and your pals, both two-legged and four-legged, can unwind after a day filled with mountain trails and breathtaking vistas. Opting for cost-effective lodging means you can splurge on glorious hikes, pups splashing in streams, and evenings around the fire, sharing stories and laughter. With an array of pet-friendly options scattered throughout the area, you're bound to find a welcoming spot that caters to both your crew and your beloved companions, allowing every wag and woof to join in on the magic of this majestic setting.

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8.1
Very good
675 Reviews

Riverfront Estate Bed&Breakfast Banff

📍 137 Lynx Street

From 70$

Overlooking the mountain, the 3-star Riverfront Estate Bed&Breakfast Banff is located just 600 metres from the key Canada House Art Gallery. A free private car park is available on site at the bed & breakfast.

The centre of Banff is a 5 minutes' walk of this hotel. The property is about a 5-minute drive from Cascade of Time Garden and in the vicinity of Banff Avenue.

There is Banff Centre for Arts and Creativity a mere 1.5 km away, and Brewster bus station is within a 500-metre distance of the hotel.

The private bathrooms are appointed with free toiletries.

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9.1
Excellent
159 Reviews

Holiday Lodge Cabins

📍 311 Marten Street

From 87$

The 3-star Holiday Lodge Cabins Banff hotel provides proximity to Vermilion Lakes, which is located nearly a 25-minute walk away. There is also a car park.

Located merely 300 metres from Canada House Art Gallery, the bed & breakfast is 5 minutes' walk from Banff city centre. Standing just 5 minutes' stroll from Banff Avenue, the hotel is in close proximity to Bow River Trail.

This Banff property is situated within a 2-km distance of Bow Falls Viewpoint, and Brewster bus station lies only 500 metres away.

The rooms feature such facilities as coffee/tea making equipment, along with a flat-screen TV with satellite channels for guests' entertainment. There is also a microwave, a refrigerator, and kitchenware.

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7.2
Good
771 Reviews

Homestead Inn Banff

📍 218 Lynx Street,

From 87$

Homestead Inn Banff, located a 20-minute walk from Surprise Corner, features high-speed Internet access in public areas. Offering 27 rooms, this inn provides a swimming pool as well.

The 2-star hotel boasts a central location near a train station and in proximity to Whyte Museum of the Canadian Rockies. The property is nestled 1 km from Cascade of Time Garden.

This smoke-free hotel is also only a few steps from Banff Upper Hot Springs and Brewster bus station is a 10-minute walk away.

The rooms at Homestead Inn Banff provide guests with a television with satellite channels, as well as comforts such as an iron with ironing board. Self-catering facilities include an electric kettle and a refrigerator. Bathrooms come with a separate toilet and a shower, along with a hairdryer and bath sheets.

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Cheap Weekly Hotels in Banff

Nestled amidst the breathtaking backdrop of the Canadian Rockies, cheap weekly hotels in Banff offer a cozy escape that’s perfect for gathering with friends and crafting lasting memories. Imagine a homey retreat where laughter fills the air, and every corner invites camaraderie, whether you're lounging after a day on the slopes or sharing late-night snacks and stories under the twinkling ceiling lights. These affordable havens are not just a place to stay; they're a canvas for adventure, where budget-conscious travelers can come together, explore the stunning natural world around them, and bask in the warmth of friendship while enjoying the simplicity and comfort that makes every moment special.

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6.9
Good
1924 Reviews

Inns Of Banff

📍 600 Banff Avenue

From 63$

The comfortable 3-star Inns Of Banff, located nearly 25 minutes on foot from Bow River Trail, offers a swimming pool and free Wi-Fi throughout the property. Situated directly on the outskirts of Banff, 2.6 km from Vermilion Lakes, the designer hotel features 243 rooms.

This Banff hotel enjoys a comfortable location approximately a 40-minute ride from 40 Mile Creek. The modern accommodation is within a 3-km distance of Cave and Basin National Historic Site in Banff.

Guestrooms offer a balcony and a seating area, along with a writing table for guests' comfort. Also, they feature marble flooring. You can enjoy views of the mountain.

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