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The 10 Best Mykonos Budget Hotels – Affordable Hotels in Mykonos, Greece

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Hotel Madalena

Mikonos

Situated in Mýkonos City, 400 metres from Agia Anna Beach, Hotel Madalena features accommodation with an outdoor swimming pool, free private parking, a terrace and a bar. The property is close to several well-known attractions, 500 metres from Mykonos Old Port, 1 km from Little Venice and 1.2 km from Mykonos Windmills. The accommodation provides a 24-hour front desk, airport transfers, luggage storage space and free WiFi throughout the property. Hotel Madalena was an impeccable choice for the price and location. The host and the hospitality definitely deserves an appreciation. They were kind, helpful and were available when needed. The breakfast was the highlight with a vast spread of items. I would highly recommend this hotel for anyone in Mykonos.

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9.2
Wonderful
1,099 reviews
Price from
$113
per night

Villa Varnali Small Boutique

Mykonos City Centre, Mikonos

Ideally situated in Mýkonos City, Villa Varnali Small Boutique features an à la carte breakfast 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. Perfect location just out of Mykonos Town, was an easy few minute walk to the town. The manager was amazing, super friendly and welcoming. We were able to get a deal at the scooter shop a few door down which made getting around super easy. The rooms were clean and comfortable with stunning views.

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9.1
Wonderful
1,005 reviews
Price from
$66
per night

Makis Place

Tourlos

Overlooking the new port of Mykonos and located just 5 minutes from Agios Stefanos Beach, Makis Place features a bar-restaurant and a swimming pool with sun terrace. The Cycladic-style guest house offers free Wi-Fi in its public areas. The staff were so friendly and helpful. Our pickup from the ferry was effortless and the apartment is close. Our room was lovely overlooking the pool with its own balcony. Breakfast was served in the restaurant looking the marina and was great. Reception was so helpful on arrival booking a trip to Delos Island with tour and arranging payment and told us which Seabus to catch to get into town. The seabus is so convenient at 2 Euros each way to get to town and it literally leaves from across the road. We loved the pool area which was immaculately maintained. Would stay again.

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9.3
Wonderful
1,698 reviews

Palladium Hotel

Platis Gialos

Palladium Hotel is located at Platys Gyalos, a 5-minute walk from Psarou and Platys Gyalos Beaches, as well as just a breath away from the famous Nammos. It is a 5-star hotel featuring free WiFi in all areas, an outdoor and an indoor heated swimming pool, a lavish spa and fashion boutique. A state-of-the art fitness centre and sauna are also available. We stayed from 13 Oct - 16 Oct. Room with a good view, fantastic breakfast & a beautiful swimming pool. Would recommend for those who are looking at short stays for honeymoon/relaxation! Special shoutout to Thanos for his impeccable service! Thank you Palladium Hotel!

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9.6
Exceptional
1,411 reviews
Price from
$243
per night

Poseidon Hotel Suites

Mykonos City Centre, Mikonos

Overlooking Mykonos Windmills, the Poseidon Hotel Suites is only 50 metres from Megali Ammos Beach. The 3-star hotel offers a freshwater pool, and bright rooms with air conditioning and fan.

Each of the Cycladic rooms opens to a private balcony with across to Mykonos Town, the sea and Delos. A fridge, satellite TV and safe are standard. Beautiful hotel and great location, gorgeous view and room and the staff was very nice. We love the service where they pick you up and then take you where you need to go on the check out.

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9
Wonderful
2,266 reviews
Price from
$188
per night

Ilio Maris

Mykonos City Centre, Mikonos

With magnificent views over the sea and the famous windmills of Mykonos Town, Ilio Maris boasts elegant guestrooms with Wi-Fi and 32’’ TV and quick access to the beaches by bus.

Guests can take a dip at the Ilio Maris swimming pool and enjoy the lovely sunset view over the Aegean Sea. Cocktails are available at the pool bar and plenty of sun loungers and umbrellas are provided. Everything is perfect. Location and rooms

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9
Wonderful
1,025 reviews
Price from
$97
per night

Matina Hotel

Mykonos City Centre, Mikonos

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.

Built on the best area of the town, with a beautiful garden, offering tranquility day and night. Years of experience, the warm family atmosphere along with the excellent location guarantee you an unforgettable stay. It was an oasis in the middle of a busy place - we loved it

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9.1
Wonderful
1,080 reviews
Price from
$52
per night

Mykonos Bay Resort & Villas

Mikonos

Situated on Megali Ammos beach, the design hotel Mykonos Bay Resort & Villas is just 300m away from Mykonos town. It offers a pool with views of the sunset, the sea and the island’ trademark windmills. Superb location and spacious rooms

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9.4
Wonderful
1,028 reviews

Damianos Mykonos Hotel

Mikonos

This hospitable complex is situated in the scenic settlement of Drossopezoula, close to the Mykonos town centre.

Damianos Hotel offers stylish accommodation, quality services and excellent facilities for a pleasant and relaxing stay. Welcome drinks are offered on arrival to get your holiday started. This smaller family hotel is absolutely brilliant. The staff is super nice and helpful. The room was clean and cozy. The place exceeded our expectations. The free transfer from the airport or port was great. Excellent breakfast with a large selection of food. This hotel must have been renovated because the outdoor furniture was much nicer than on the pictures. The reality is much better.Breathtaking view of the sunset. We were a little worried about 2*, but it was unnecessary and we recommend this hotel 100 %.

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9.6
Exceptional
1,026 reviews
Price from
$97
per night

Aeolos Resort

Mikonos

Aeolos Hotel is just opposite the bus stop and within easy reach from the vibrant Mykonos Town centre. The friendly staff will happily assist guests with recommendations on places to visit, and maps and information about the island. A good selection of restaurants is available in the surrounding area. Private parking at the hotel is free. Panos, the owner and the staff are all very nice, friendly, and welcoming.

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9.6
Exceptional
1,577 reviews
Price from
$162
per night

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