A lot of people are asking where to stay in Mykonos on a budget, especially during the high season of July and August, when prices can get easily above 300 euros per night. Here is a helpful guide to find the best budget places to stay in Mykonos.
Budget Hotels in Mykonos: Introduction
First of all, Mykonos is known as one of the most expensive places in Europe. No wonder why affordable and Mykonos don’t really go well together.
Why are hotel prices in Mykonos so expensive? With beauty comes a price. In order for Mykonos to maintain its architectural landscape, the Greek state doesn’t allow high-floor buildings. You will not find any building in Mykonos, higher than two floors. This makes land very expensive and price of owning and building a room, very high. So, this translates to higher prices for tourists.
So, you must be asking yourself where to stay in Mykonos on a budget, especially during the peak season of July and August when prices skyrocket.
Read our list of the best budget hotels in Mykonos, as we have managed to find some hotels those average price per night is around 150 euros. And this is during the peak season in July and August.
Prices of Budget Hotels in Mykonos
During the peak season (July – August) budget hotel average price per night for two people is around 150 euros. Don’t expect to find anything at all, below 100 euros per night. Almost impossible, even if you try to book several months ahead.
Low and shoulder seasons tend to have lower prices with average price per night for two people of 60 euros. Due to this reason, it is even possible to find a great budget hotel for less than 30 euros per night but you will need to travel on March or November to Mykonos, when the sea is not warm and there are too few people on the island.
We had made a quick price chart for the busiest months in Mykonos. So, take a look below for the price comparison chart.
| Hotel | Rating | June | July | August | Link |
| Hotel Milena | 9.3 | €70 | €117 | €150+ | Go |
| Nikos Rooms | 8.3 | €68 | €109 | €150+ | Go |
| Makis Place | 9.2 | €89 | €149 | €150+ | Go |
| Fraskoula’s Beach | 9.0 | €65 | €105 | €149 | Go |
| Sourmeli Garden Hotel | 8.0 | €91 | €135 | €144 | Go |
| Asteri Hotel | 8.9 | €91 | €140 | €125 | Go |
| Hotel Eleftheria | 8.6 | €80 | €147 | €150+ | Go |
| Jason | 9.2 | €106 | €143 | €150+ | Go |
| White Myth | 8.5 | €104 | €150 | €150+ | Go |
In order to get similar prices to our comparison chart, you would need to book at least six months in advance. Especially if you are thinking of visiting Mykonos during the peak season of July and August.
Now, let’s look more into our selected budget hotels.
The 9 Best Budget Hotels in Mykonos
As you may have noticed already, our selected budget hotels in Mykonos are the best-rated ones and have very attractive prices during the peak season.
Budget hotels star range is between 1 and 3 stars, so don’t expect a luxury room. Yet, we can assure you that every single one of the choices is a pretty decent one to allow you to have a comfortable holiday in Mykonos.
Also, some of budget hotels are located outside Mykonos Town. You may need to rent a car or a scooter, which will add another 30 to 40 euros per day in your budget.
Now, let’s take a look at our suggestions.
1. Hotel Milena(Mykonos Town, 1 star)
Hotel Milena is a traditional Greek style hotel so you will find lots of white colour and open garden spaces. It is a 1-star family-run hotel.
Pros. Close to the bus stop and Mykonos Town; free transfer to/from the airport or port; family rooms available; good location; informative and helpful staff.
Cons. No complimentary water in the room; extra charge for the breakfast; small rooms; old design bathrooms. The breakfast is pretty basic.
Star Rating: 1*
Guest Rating: 9.3
Prices: June €70, August €150+
2. Nikos Rooms
Nikos Rooms is a traditional Greek style hotel/hostel. It is located less than 1 km to Mykonos Town and close to the airport.
Pros. Has pool and garden; free shuttle service from/to airport; rooms have private bathrooms; offers a car hire.
Cons. Dirty pool; smelly and untidy environment; sometimes has bugs in the bathrooms and rooms.
Star Rating: 2*
Guest Rating: 8.3
Prices: June €68, August €150+
3. Makis Place
Makis Place is a stylish hotel overlooking a famous Mykonos Town port. It is just a 5 minutes away from a Agios Stefanos Beach.
Pros. Swimming pool; close to the beach; guests get more for the price; sun terrace; restaurant.
Cons. Free WiFi only in public areas; noise from the port and road; not easily accessible; late breakfast.
Star Rating: 2*
Guest Rating: 9.2
Prices: June €89, August €150+
4. Fraskoula’s Beach
Situated about 2.5 km from Mykonos Town and by the Agios Stefanos Beach. It is a family-run hotel overlooking the beach.
Pros. Beach nearby; free WiFi; rooms have sea side view; close by local taverns; spacious rooms.
Cons. No parking space; bad public transportation to the town; airport shuttle for an extra price.
Star Rating: 1*
Guest Rating: 9
Prices: June €65, August €149
5. Sourmeli Garden Hotel
Sourmeli Garden Hotel is a traditional hotel offering great rooms and easy access to Mykonos Town. It is close to a fabulous beach.
Pros. Good location; free car parking; beach; free WiFi.
Cons. Noise from traffic; public transportation not available; overpriced breakfast.
Star Rating: 1*
Guest Rating: 8
Prices: June €91, August €144
6. Asteri Hotel
A spacious and elegant Asteri Hotel is located in Ornos and close to the local beach. It is 2 km away from Mykonos Town.
Pros. Daily public transportation; swimming pool; close to shops and beach; very clean rooms.
Cons. Busy road; very hard beds.
Star Rating: 1*
Guest Rating: 8.9
Prices: June €91, August €125
7. Hotel Eleftheria
Hotel Eleftheria is close to the Ornos beach. It is surrounded by the spacious garden and overlooks the Aegean Sea.
Pros. Close to the beach; free WiFi; sea view; free parking; good location.
Cons. Close to the main road; untidy bathrooms; difficult to find.
Star Rating: 1*
Guest Rating: 8.6
Prices: June €80, August €150+
8. Jason Hotel
Jason Hotel is located less than 2 km away from Mykonos Town. It offers a very peaceful atmosphere but close to the main beaches.
Pros. Free WiFi; swimming pool; free airport transfer; close to Mykonos Town; modern rooms.
Cons. Bar closes early; basic breakfast for the price; not enough things to do around the hotel.
Star Rating: 3*
Guest Rating: 9.2
Prices: June €106, August €150+
9. White Myth
White Myth is situated in Mykonos Town and offers easy access to the beach and the main tourist sights.
Pros. In Mykonos Town; good location; modern rooms and bathrooms; free WiFi; guesthouse style.
Cons. Small rooms; some rooms don’t have windows; difficult to find.
Star Rating: 3*
Guest Rating: 8.5
Prices: June €104, August €150+
Where to stay in Mykonos on a budget: A Map With the best budget Hotels
We hope that you had learned something new about where to stay in Mykonos on a budget and about the best budget hotels in Mykonos. If you have any suggestions or questions, please, do drop us a message. And, enjoy your trip to Mykonos!
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