The Best Cheap Hotels in Mykonos, Greece
With its whitewashed streets, iconic windmills, and beach clubs that attract celebrities from around the world, Mykonos has a reputation for being one of the most glamorous — and expensive — destinations in Greece. But while luxury villas and five-star resorts dominate the spotlight, the island is also home to plenty of stylish and affordable places to stay that won’t drain your travel budget. Whether you’re planning a summer escape filled with beach hopping, sunset dinners, and wandering through the charming alleys of Mykonos Town, finding the right hotel can make all the difference. From cozy boutique stays to budget-friendly hotels with stunning sea views, these are the best cheap hotels in Mykonos, according to Flight and Hotel Guru.
Disclaimer: Flight & Hotel Guru editors hand-select every hotel that appears on this page, and the company may earn compensation through affiliate links within the story.
1. Matina Hotel Mykonos
Location: Mykonos Town
Opening up our list of the best cheap hotels on Mykonos with Matina Hotel. Nestled in the heart of Mykonos Town, just steps away from the island’s bustling shops and vibrant nightlife, this budget-friendly property is often praised for the friendliness of its staff and immaculate cleanliness. Other perks include complimentary breakfast and free Wi-Fi.
2. Mykonos View Hotel
Location: Tagoo area, near Mykonos Town
Combining traditional Cycladic architecture with modern amenities, Mykonos View Hotel is another top choice when it comes to affordable accommodations on Mykonos. Located in the Tagoo area, it offers stunning panoramic sea views, an inviting outdoor pool, and a delicious complimentary breakfast. Many guests also highlighted the hotel’s close proximity to Mykonos Town, which makes it easy to explore the local attractions.
3. Vienoula’s Garden Hotel
Location: Vrissi, near Mykonos Town
Situated in Vrissi, just a short distance from Mykonos Town, Vienoula’s Garden is a family-run hotel known for its warm hospitality. The property features a refreshing swimming pool, free Wi-Fi, and a complimentary breakfast each morning. Guests enjoy the peaceful setting and excellent service, making it one of the best cheap hotels on Mykonos.
4. Hotel Tagoo
Location: Tourlos, near Mykonos Town
Hotel Tagoo offers its guests stunning sea views and a family-friendly atmosphere. The property boasts a beautiful swimming pool, complimentary breakfast, and free Wi-Fi. With its welcoming environment and close proximity to Mykonos Town, it’s no wonder guests keep returning here year after year. The friendly staff and good value for money are also often mentioned in the reviews.
5. Pelican Hotel
Location: Mykonos Town
Pelican Hotel is a cozy retreat located right in the heart of Mykonos Town. Guests can enjoy beautiful sunset views, free Wi-Fi, and a complimentary breakfast. The hotel’s central location provides easy access to local attractions, dining, and entertainment options. Reviewers frequently commend the pleasant staff and the convenience of staying in such a prime location.
6. Damianos Mykonos Hotel
Location: Drossopezoula, near the center of the Mykonos Town
One of the highest-rated budget hotels in Mykonos is Damianos Mykonos Hotel. This is a 2-star hotel in the scenic settlement of Drossopezoula, located close to the center of the Mykonos Town. The hotel offers stylish rooms and quality service. All rooms have an air-conditioner and a private bathroom. There is also access to free Wi-Fi.
7. Anastasios Sevasti
Location: Mykonos Town
Set in the heart of Mykonos Town, the charming Anastasios Sevasti hotel offers guests a refreshing outdoor pool, complimentary breakfast buffet, and free Wi-Fi access. Visitors consistently praise the hotel’s comfortable accommodations and convenient central location, which provides easy access to the town’s top attractions and stunning sea views.
8. Sourmeli Garden Hotel
Location: Vrissi, near Mykonos Town
Sourmeli Garden Hotel is a peaceful oasis in Vrissi, featuring lush gardens and comfortable rooms. Guests benefit from free Wi-Fi and a continental breakfast each morning. The hotel’s serene ambiance and spotless cleanliness are often highlighted in reviews, making it a great choice for those seeking affordable accommodation close to Mykonos Town.
