HomeGreeceCycladesCheap Hotels in Mykonos

Cheap Hotels in Mykonos


Find budget-friendly hotels in Mykonos Island. Cut your holiday costs by booking cheap hotels in Mykonos Island.

We recommend that you check out the best cheap hotels in Mykonos. Because Mykonos is an expensive and costly island. Mykonos hospitality scene shines in the smaller, affordable hotels that trade grand design for unique details. You have to search for all the Mykonos hotels and their offers and services. There are budget-friendly alternatives on this Greek island. If you have any questions, please write to us on our contact page.

Cheap Hotels in Mykonos

During your holiday in Mykonos, the basic expenses that will shake you in the costs will be flight tickets and hotel accommodation. Hotels on the island of Mykonos are expensive compared to other Greek islands. There is an increase in hotel prices from May to the beginning of October. Cheap and budget hotels in Mykonos, you need to first determine your location. For example, if you’re thinking of staying in Mykonos town, your chances of finding a cheap hotel will automatically decrease. But if you book early, you can take advantage of the price.

By reading our article “Where to stay in Mykonos?”, You can find detailed information about which hotels are available and how much hotel prices are in Mykonos.

Tips & Advice to Find Best Cheap Hotels in Mykonos

  • The best moderately priced beach hotels in Mykonos: Acrogiali Hotel (Platis Gialos Beach) • Deliades Hotel (Ornos Beach)
  • Mykonos isn’t cheap and some of these hotels are not really in the budget category, but We’ve tried to pick a mix of cheap rooms and good value mid-range places to stay.
  • Booking.com is the best sites for booking Mykonos hotels.
  • For the best deals book hotels 4 to 8 months in advance.
  • Our recommendation: Stay in Mykonos Town for easy access to the best Mykonos restaurants and nightlife.
  • See Also: Luxury Hotels at Mykonos

The 20 Best Budget Hotels in Mykonos

1. Room 8 – Mykonos Town

cheap hotel mykonos

Located in Dexamenes, less than 1 km from Agia Anna Beach and a 17-minute walk from Agios Charalabos Beach, Room 8 Mykonos offers air-conditioned accommodation with garden access. Overlooking the courtyard, the property is 1.6 km from Megali Ammos Beach and 1.3 km from Mykonos Windmills. Free private parking is available. The property provides a paid airport shuttle service. Popular points of interest near Room 8 Mykonos include Mykonos Archaeological Museum, Mykonos Old Port and Little Venice. The nearest airport is Mykonos Airport, 1 km away.

2. Dimitra Pension – Mykonos Town

cheap hotel mykonos

Located in Mykonos Town, 500 metres from Megali Ammos Beach, Dimitra Pension is set in a Cycladic-style building with an interior courtyard. It offers accommodation with free Wi-Fi and free parking. Dimitra Pension is 1 km from Mykonos Port and 2 km from Mykonos International Airport. The famous Psarrou Beach is 3.5 km away, while Super Paradise is 6 km away. Free public car parking is available nearby.

3. Secret Island – Tourlos

cheap hotel mykonos

Featuring mountain views, Secret Island is located about 1.7 km from Tourlos Beach and offers accommodation with a balcony and a coffee machine. This villa has a private pool, garden, barbecue facilities, free WiFi and free private parking. Secret Island is 2.2 km from Agios Stefanos Beach and 4.1 km from Archaeological Museum of Mykonos. The nearest airport is Mykonos Airport, 4 km from the accommodation. The property offers a paid airport shuttle service.

4. Morfoula’s Studios – Mykonos Town

This cheap hotel in Mykonos is just 100 m from Mykonos Town Centre, Morfoula’s Studios are built in Cycladic style. Set at a hill, they offer air-conditioned accommodation with balcony and free WiFi. Fabrica Square, with the central bus station, as well as the popular windmills are accessible within short walking distance. A restaurant and a café bar can be found 100 m away and the nearest beach is 500 m away. Mykonos National Airport is at a distance of 1 km and the island’s port is 3 km away.

5. Sourmeli Garden Hotel – Mykonos Town

cheap hotel mykonos

Just 100 m from Agios Charalampos Beach, the Cycladic-style Fraskoula’s Town is in Mykonos Town. This cheap hotel in Mykonos offers air-conditioned accommodation with free WiFi and a shared terrace or a private balcony. Little Venice is 30 m away. A bus station can be found 60 m away, and several restaurants and café bars are within close proximity. Mykonos Windmills are 20 m away and Mykonos Port is 2 km away. Mykonos National Airport is at a distance of 1.5 km.

6. Germanos Studios – Mykonos Town

Set on an elevated position, the Cycladic-style Germanos Studios offers rooms and studios with panoramic views over the Aegean Sea. This cheap hotel in Mykonos is 500 m away from the charming centre of Mykonos Town and 3 km from the port. The beach of Megali Ammos is 1 km away from Germanos, while the popular, sandy beaches of Ornos and Platis Gialos are at 3 km. Mykonos Airport is 3 km away. Free 2-way transfer to the port and airport is provided upon request.

7. Aqua Pearl Mykonos – Tourlos

cheap hotel mykonos

Boasting air-conditioned accommodation with a private pool, garden view and a balcony, Aqua Pearl Mykonos is set in Tourlos. This property offers access to a terrace, free private parking and free WiFi. The property is non-smoking and is located 1.4 km from Tourlos Beach. Agios Stefanos Beach is 1.9 km from Aqua Pearl Mykonos, while Agia Anna Beach is 2.8 km from the property. The nearest airport is Mykonos Airport, 4 km from the accommodation.

8. Sundance Suites – Merchia Beach, Ano Mera

Just 50 metres from the beach, Sundance Suites Mykonos is a self-catering property located on Merchia Beach. It offers private infinity pools and outdoor hot tubs. Free WiFi is available throughout the property. The property is 10 km from Mykonos Town and Mykonos Old Harbour. Kalo Livadi and Kalafatis beaches are a short drive away. Super Paradise Beach and Mykonos Airport are 9 km away. An airport shuttle can be arranged for a fee. Free private parking is available on site.

9. Matina Hotel – Mykonos Town

cheap hotel mykonos

Hotel Matina enjoys a privileged location, in one of the finest parts of the island, right in the heart of Mykonos Town, with access to all major points of interest. Guests are placed at a walking distance to lovely beaches, museums, restaurants, shops, banks, and transportation links. The famous Matogianni Street is just 30 metres away.

10. Harmony Boutique Hotel – Mykonos Town

Ideally located next to the old port of Mykonos and in the heart of its shopping and nightlife district, this boutique hotel offers stylish accommodation with stunning sea views. It features a Spa Centre with sauna and a fully-equipped fitness centre covering an area of 150 m². Each of Harmony’s private balconies offers views to Mykonos Town and the Aegean Sea and a perfect place to witness the beautiful sunset. Each room features double-glazed windows and scales. A welcome drink is offered upon arrival.

11. Yakinthos Residence – Panormos

cheap hotel mykonos

Yakinthos Residence is a complex of traditionally built studios and apartments located in Mykonos’ Panormos bay. There is a swimming pool with sun-lounger terrace on site. free WiFi is available in all areas of the property. A 10-minutes drive from Mykonos Town or the airport, Yakinthos Residence is also 15 minutes from Elia beach and Super Paradise Beach. Free private parking is possible on site.

12. Asteri Hotel – Ornos Beach

Cheap Hotels in Mykonos: Asteri Hotel is situated at Ornos, just 100 m from the beach. It has a 24-hour front desk and an outdoor pool. Access to and from Mykonos Town (2 km away) is easy with a frequent local bus service. Daily boat service to other beaches, as well as excursions to Delos is available.

13. La Veranda – Mykonos Town

cheap hotel mykonos

Enjoying views of the Aegean Sea and sunset, La Veranda features a small, free-form pool with sun beds, as well as an outdoor bar. This cheap hotel in Mykonos offers air-conditioned accommodation with a furnished patio or balcony overlooking the Aegean Sea or the pool. La Veranda lies 300 m from the centre of Mykonos Town and 4 km from Mykonos International Airport and Port. The famous Super Paradise Beach is around 5 km away. Free parking is possible on site.

14. Vana Holidays – Ornos Korfos

Just 500 m from Ornos Bay, 1.5 km from Mykonos Town, Vana Holidays offer a swimming pool and sunset views. This cheap hotel in Mykonos provides Free airport and port transfers. The nearby beach is equipped with water sports facilities. There is a boat to the most famous beaches of the island, such as Psarou, Elia and Paradise.

15. Petinos Hotel and Petinos Beach Hotel – Platis Gialos Beach

The Cycladic-style Petinos Beach is 200 metres from Mykonos’ Platis Gialos beach. It offers an open-air lounge, outdoor swimming pool with bar, and guest rooms with balconies overlooking the Aegean Sea. The pool side restaurant Thea serves Mediterranean dishes, fresh fish and snacks throughout the day. At the a la carte restaurant Blue Myth guests can enjoy romantic candlelit dinners with spectacular views of the bay.

16. Villa Varnali – Mykonos Town

cheap hotel mykonos

Situated in the centre of Mýkonos City, just 600 metres from Megali Ammos Beach and 700 metres from Agios Charalabos Beach, Villa Varnali Small Boutique features accommodation with sea views and free WiFi. There is a private entrance at the guest house for the convenience of those who stay. Boasting family rooms, this property also provides guests with a year-round outdoor pool.

17. Apollo Suite – Mykonos Town

Set in Mýkonos City, this air-conditioned studio apartment features free WiFi and a terrace. The apartment is 3.5 km from Nammos Mykonos and close to Matoyianni street. Mykonos Windmills is 400 m from Apollo Suite in Mykonos Town, while Little Venice is 400 m from the property. The nearest airport is Mykonos Airport, 2 km from the property.

18. Naiada – Lia beach, Kalafatis, Mykonos

cheap hotel mykonos

Featuring a balcony with sea views, a garden and barbecue facilities, Naiada can be found in Kalafatis, close to Lia Beach and a 15-minute walk from Mini Lia Beach. This beachfront property offers access to a terrace, free private parking and free WiFi. Every room has a patio with views of the mountain. Kalafatis Beach is 2.6 km from Naiada, while Mykonos Windmills is 12 km away. The nearest airport is Mykonos, 9 km from the accommodation, and the property offers a paid airport shuttle service.

19. Jason – Glastros, Mykonos

The budget friendly hotel in Mykonos Jason is situated in Glastros area, 1.8 km from the city of Mykonos and 1.2 km from the beaches Psarou and Platis Gialos. The Cycladic-style complex offers a peaceful atmosphere far from the bustle and hustle of Mykonos town, yet within easy reach. Free on-site parking is provided and free transfer from the airport and port can be arranged upon request.

20. Antheia Suite – Ano Mera, Mykonos

Situated in Ano Mera, this air-conditioned minimally designed holiday home combines the traditional Mykonian architecture with luxurious details. It offers panoramic views over the Aegean Sea and Mykonos Island and it is 2 km away from Kalafatis Beach. Several beaches can be reached within a short drive. Ano Mera Village is 1 km away, while a supermarket, a bakery and a pharmacy can be reached within proximity. The cosmopolitan Mykonos Town is 7 km away. The nearest airport is Mykonos Airport, 5 km from Antheia Suite of Mykonos.

The date of this article on our blog may seem new due to some updates. The content of the article reflects the author's own opinion and it is possible that some information in the article, such as price and transportation, may have changed. We kindly ask you to take it into consideration.

Is it over? It's not over!

Discover Those Places