Mykonos is not a cheap holiday place, but these decent and clean places won’t break your bank this year. This is a list of the best cheap hotels in Mykonos. Budget Hotels in Mykonos are a reality, but you must search carefully to find them either in Mykonos Town or elsewhere.
BEST CHEAP HOTEL IN MYKONOS:Hotel Spanelis
BUT ALSO CHECK:
I’m not going to lie to you: Mykonos is an expensive place for holidays, and it becomes even more expensive during the hot summer months of June, July, August, and September.
So, prepare for high prices on everything (food, drinks, and even sunbeds included in that statement). If you want to decrease prices, visit the island in May or October.
Do not expect 5-star hospitality or amazing views, even if you are paying a two-figure sum for a night (up to 99 euros) in these cheap hotels in Mykonos. Remember that you are looking for one of the hottest destinations in Europe (not to mention in the world…), so as I said before, you are paying for the fact that you are in Mykonos. Please accept that and move on…
READ ALSO:
- Where to Stay in Mykonos
- Best Hotels in Mykonos
- Best Beach Hotels in Mykonos
- Best Things to Do in Mykonos
VERY IMPORTANT TO KNOW:
- Best Cheap Hotel in Mykonos: Hotel Spanelis
- How to have cheap holidays in Mykonos: go off season…meaning any month outside of June-July-August-September and preferably October or May, as these are the months where you would still be able to swim in the sea or find some early season (May) or late season (October) offers
- Best Cheap Hotel in Mykonos Town:Hotel Gorgona
- Best Cheap Hotel in Paradise Beach: Akrogiali
- Best Cheap Romantic Hotel in Mykonos: Mykonos Beach Hotel
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⛴️ Ferryhopperis the best website to book your ferry tickets or check the timetables for Santorini, Mykonos , Crete & all Greek islands
🎫 Get Your Guide has the best and largest variety of Tours in Athens and the Greek islands (Santorini, Mykonos, Crete etc)
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1. Divers House
Address: Agrari beach Mykonos Xalara, Mikonos 846 00, Greece
Divers House is located in the quiet area of Agrari (yes, you need a car to go there), but it offers excellent, clean rooms and a super friendly owner who would do his best to ensure you have a lovely stay. Overall, a great option if you don’t want to break the bank!
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2. Hotel Spanelis
Address: Tagoo Area, Mikonos 846 00, Greece
Hotel Spanelis is hands down the best cheap hotel in Mykonos without compromising on cleanliness, care of the owners, and a yummy breakfast.
Yes, you won’t find stunning views for your Instagram stories, but you will have a family-run hotel with awesome reviews from people who have visited. This is one of the best cheap hotels in Mykonos.
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3. Argo Hotel
Address: Πλατύς Γιαλός 846 00, Greece
Argo Hotel is located on Platis Yialos beach, and it has one of the best breakfasts on the island, though it is still on the budget side. It is probably slightly more expensive than the other hotels on this list, but if you can afford an upgrade, it is. There is also a souvlaki shop in the hotel!
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4. Ioanna’s House
Address: Apollonos, Mikonos 846 00, Greece
Ioanna’s House is one of the best options if you want to be where all the buzz is in Mykonos, as it has separate rooms in Mykonos Town. Its location is ideal if you want to be where all the action is!
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5. Gryparis Club Apartments
Address: Vrissi Mykonos, Mikonos 846 00, Greece
Gryparis Club Apartments is located outside of Mykonos city (but within walking distance to the centre and there is also a bus stop outside the hotel. It has lovely terraces where you can have breakfast, and its rooms are very clean. The host and owner, George, goes out of his way to ensure you have a great time!
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6. Sofia Village
Address: Mykonos 846 00, Greece
Sofia Villageis in Mykonos Town and it has a swimming pool and lovely sea views. You don’t easily get a swimming pool with those views for those prices in Mykonos these days…so grab it while it lasts!
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7. Ethereal Apartments
Address: Agrari, Mikonos 846 00, Greece
Ethereal Apartments is on an agrarian beach, which means you probably need a vehicle to get there, but the rooms are clean and definitely on the budget side. You can also visit the famous Elia beach, which is nearby. This is a great option for relaxation and to experience the island’s quiet side, away from the buzzing Mykonos town.
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8. Flora’s House
Address: Κλούβας 846 00, Greece
Flora’s Houseis run by Flora and her husband, Yannis, who will make sure you have an excellent stay in their rooms. However, you need a car to and from the rooms as the hotel is a short drive from the harbor (Mykonos Town).
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9. Mykonian Studios
Address: Άνω Μερά 846 00, Greece
Mykonian Studios is in a quiet area of the island (And Mera village), but the hotel is very well organized and cleaned daily. The rooms are spacious, with fully equipped kitchens, and the hosts are lovely, including the island’s cutest cat.
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Frequently Asked Questions
Are there any cheap hotels in Mykonos?
Yes, but you must adjust your expectations. Cheap hotels in Mykonos typically cost between €60 and €120 per night. At this price point, you will not get caldera views, private pools, or 5-star amenities. You will get clean, family-run guesthouses, often located a short bus ride away from the main towns and beaches.
What is the cheapest month to go to Mykonos?
October and May are the cheapest months to visit Mykonos. During these shoulder-season months, hotel prices drop by up to 50% compared to the peak season (July and August). Flights and ferry tickets are also significantly cheaper.
Where is the cheapest place to stay in Mykonos?
The cheapest areas to stay are inland villages like Ano Mera, or residential areas just outside of Mykonos Town, like Vrissi or Tagoo. Staying directly on famous party beaches like Paradise or Super Paradise is always the most expensive option.
Is it cheaper to stay in Mykonos Town or on the beach?
It is generally cheaper to stay in or just outside of Mykonos Town. While beachfront hotels command premium prices for sea access, Mykonos Town offers a wider variety of budget-friendly pensions, hostels, and small apartments. Plus, staying in town saves you money on expensive taxis, as you can walk to dinner and use the main Fabrika bus station to reach the beaches.
