15 Affordable Places To Stay In Mykonos - Updated 2023

Where to stay in Mykonos

Well, Mykonos is a beautiful and popular island in the Aegean sea and it has a spot on most travelers’ bucket lists. But truth is that it is by far one of the most expensive destinations in Europe. But you should not worry about a thing because here we have chosen for you the best places to stay in Mykonos. This way you can save money for that cocktail at the beach without blowing your bank account while you make appearances among Greek celebrities and enjoy world-renowned DJs.

1. Maganos Frangiska Apartment (from USD 58)

If you want all the luxury without paying the high price, then Maganos Frangiska Apartment is the right place for you. Here you can enjoy all the amenities of Maganos Complex, a giant swimming pool, access to the beach on foot and breakfast and lunch included in the price. And if you have children they get to join you in the room for free, because the sofa turns into a double bed as well.

Maganos Frangiska Apt: Stunning views, near beach
99 reviews  Wifi Available
Entire rental unit 3 Beds 4 Guests 1 Bedroom 1 Bathrooms

Accommodates: 4

Top guest reviews
Amenities & Room:
we were in apartment 2 which has a lovely big balcony with a sea view
the place has amazing views and the rooms are comfortable
the stunning views from the room and our apartment host anna made the trip complete
the views from the room and pool are beautiful as they look out over a small beach
the pool is clean with lots of chairs to lounge in the sun or sit in the shade
the apartment was very clean and they serviced it every day
the rooms were clean and spacious
rooms were lovely and spacious cleaned daily
the appartment and surroundings are clean ans well maintained
housekeeping and clean towels are provided daily
the host was perfect on emailing directions as well
also the owner was so lovely caring and helpful
she was such a wonderful and friendly host
anna is a wonderful host and a fantastic cook
anna and fragiska are the perfect hosts
the location is just perfect
a great location lovely pool
the location was isolated but a 5 minute walk from paranga and a couple cool restaurants
the location is just a short walk from some of the best beach clubs
the location was perfect for a getaway but yet so close the city and night life
Read more reviews

2. Filoxenia Apartments (from USD 73)

Those simple and beautiful apartments are located only 100 meters (330 feet) from the beach. They are around 40 square meters (400 square feet) and they have a living room, bedroom, and a small kitchen all the basic amenities you will probably need during your stay. There is also a parking lot and a small balcony where you can sip your morning juice before you get your swimwear on and jump on the waves.

Filoxenia Apartments (40sqm, Ornos beach Mykonos)
Ornos, Egeo, Greece
90 reviews Superhost  Wifi Available
Room in aparthotel 4 Beds 4 Guests 1 Bedroom 1 Bathroom

Accommodates: 4

Top guest reviews
Amenities & Room:
the rooms were clean and all of the amenities were sufficient
great background music is played by the taverns at a very comfortable volume
we would highly recommend filoxenia apts
we had a great stay at filoxenia apartments
the apartment was clean and spacious
this place is super clean and beautiful
the room was very clean and well decorated
daily cleaning with replacement towels was great with a 1-year old
someone comes in to clean the rooms every morning which is super nice
the owner and employees are very nice and helpful
great place to stay with the coolest host
completely satisfied the place was much better than in the pictures and the host were very careful
this place was nice and marina was a very responsive and communicative host
super helpful & friendly
the location is superb
the location is also amazing
great location by the beach and the bus stop into town
loved the proximity to the beach and close to the bus stop that took us in to town
the location is also amazing - 5min away walk distance from ornos beach which has loads of restaurants
Read more reviews

3. Luxurious studio with pool in Mykonos town (from USD 58)

Don’t know where to stay in Mykonos? Between Mykonos town and the famous beaches of Platis Gialos & Psarrou, you will find the Amaryllis Stylish Studios complex in Glastros area, only a 20-minute walk from the town. Here, you will not only find a sparkling clean studio but you will be able to enjoy the pool, the hot tub and the other amenities the studios share. The rooms have recently been renovated and the staff is extra friendly.

Studio for 2 persons near Mykonos Town
Glastros, Mykonos Island, Greece
108 reviews Superhost  Wifi Available
Entire serviced apartment 2 Beds 2 Guests 0 Bedrooms 1 Bathroom

Accommodates: 2

Top guest reviews
Amenities & Room:
pool was great with a lovely view
wifi was good and so was the location
beds are stiff and slightly uncomfortable but overall a great place to stay and great value for mykonos
the pool and jacuzzi are great as well and much nicer then some of the more expensive hotels
lovely pool and spa area nice private patio as well as good location
the place is very clean and your room gets cleaned everyday
the room is clean and comfortable
it was very nice they cleaned the room every day
the apartment is very clean and spacious
the studio was very clean
great hospitalityhighly pleased with the staff
the host was great too
people were friendly and helpful
she was a great host that made our trip to mykonos so enjoyable
amaryllis is a wonderful host
the location close to suoermarket and it near beautiful beach
good location short ride from the town and short drive to paradise beach
the bus is really easy to use and stops right near mario's
bus stop across the street along with perfectly stocked grocery store
a fantastic location for everything you need a bus to the beach and to the main town
Read more reviews

4. Beachside studios in Agia Anna Paragka (from USD 256)

If you want to enjoy Mykonos without all the hustle and bustle, those beautiful studios that are located in front of the beach are exactly what you are seeking. They are located between Paraga, Paradise and Platis Gialos and you can access all those beaches on foot. Here you can actually relax and choose the party time yourself. There is also free transport to and from the airport.

Absolutely on the beach, Boutique deluxe Room
Mykonos, Egeo, Greece
110 reviews Superhost  Wifi Available
Room in boutique hotel 3 Beds 4 Guests 1 Bedroom 1 Bathroom

Accommodates: 4

Top guest reviews
Amenities & Room:
great family vibe wifi capabilities were limited but due to renovations
wifi was strong bed was comfortable and the fridge was cold
the room itself was clean good air conditioning system and had everything we needed
the apartment has a comfortable bed bathroom wifi and we were provided with a baby cot
the room was good and we had a very new bathroom which was nice too
great place and very clean
the room was clean modern spacious
our room was large cleaned every day with fresh towels
the room was very basic and a little small but clean and comfortable
the hotel was also very clean
people friendly and helpful
they were very helpful to give us advice and answer any questions we had about our visit
everybody was incredibly accommodating and friendly
everyone in the staff was sooo friendly highly recommend
great people very kind
paradise beach also within walking distance
very nice location close to super paradise and paradise beach
the location was also great
the location is great - steps away from the beach
great location on the beach
Read more reviews

5. Star of the Sea (from USD 106)

In the heart of Mykonos sits the beautiful Star of the Sea, a Cycladic one-bedroom home with a mesmerizing view of the sea. While the house can accommodate up to five people, we highly recommend it for couples who want to spend their romantic getaway in a quiet part of Mykonos. A hot tub and two sunbeds are located on the rooftop, perfect for lounging under the sun or popping a bottle of champagne at night while soaked in the tub.

Star of the Sea | Mykonos Town
Mikonos town, Mykonos, Greece
71 reviews  Wifi Available
Cycladic home 3 Beds 5 Guests 1 Bedroom 1 Bathroom

Accommodates: 5

Top guest reviews
great location and super helpful host
Read more reviews

6. Villa Eleni (from USD 524)

Groups of up to six people who are looking for a prime place to stay in Mykonos that won’t burn a hole in their pockets will find Villa Eleni at the top of their list. This three-bedroom Cycladic house is just a few steps away from Agios Stefanos Beach. With a fully furnished kitchen and barbecue facilities, you may even want to save some more money and cook your own food. This Airbnb home hosted by George is one of the best rentals in Mykonos; don’t miss out on such a worthwhile deal!

Beach Villa ELENI!Amazing view!Superb Location!3BR
Agios Stefanos, Greece
98 reviews Superhost  Wifi Available
Cycladic home 6 Beds 7 Guests 3 Bedrooms 3 Bathrooms

Accommodates: 7

Top guest reviews
Amenities & Room:
the upstairs is the living room which has a beautiful view of the sea
the apartment is as described and the view is amazing i recommend
apartment it's simply fantastic you can enjoy an amazing view fro the terrace
george is a amazing host
george is a great host
george is a great host who has passion for for hosting
he is friendly and full of suggestions for a great stay in mykonos
last but not least perfect host
this place will perfectly fits with big family
really outstanding property - can't think of a better location on the island
the best location to go with friends and we are looking forward to come back
the apartment is situated very close to a beautiful beach we wished we could have stayed there longer
it's very easy to recommend him and the place
Read more reviews

7. Eleanna's (from USD 43)

Right in the middle of beautiful Mykonos is Eleanna’s, a budget guest house that is ideal for travelers of all kinds, especially backpackers. The property is close to most of the restaurants, shops, bars, and of course, nightlife. If you aren’t too particular on other lodging aspects besides a comfortable bed, you’ll feel right at home at Eleanna’s. You will be able to find the hidden gems in town even on foot due to the house’s location. Some of the best walkable attractions are Little Venice, Mykonos Windmills, and Mykonos Old Port.


Wifi Available

Address: Mykonos City
Accommodates: 8

Non-smoking rooms Airport shuttle Family rooms Internet services Safety deposit box Soundproof rooms Heating Luggage storage

8. Evangelia's Place (from USD 96)

This apartment hotel offers simple but comfortable accommodation very close to the beach. It is definitely not luxurious but it is as good as it can get for the cheap price offered. Additionally, there is a pool on the roof where you can enjoy breathtaking sunsets of the beach. It is located only a short walk from the beaches of Ornos and Agios Ioannis so you can be there in no time.

Evagelia's Place

Address: Main Street

9. Pension Alexandra (from USD 75)

Pension Alexandra, one of the best hotels to stay in Mykonos, is a simple pension with a whitewashed Cycladic style building, simple and clean Aegean style furniture and all the amenities you will ever need. The rooms are air conditioned and there are free WiFi and a TV. If you are in the mood to chill with some people there is a rooftop with sunbeds for you to get your tan on. And the secret hint is that this great hotel offers free transfers to and from the airport.

Pension Alexandra

Wifi Available

Address: Tourlos Mykonou
Accommodates: 4

Pets allowed Terrace Non-smoking rooms Airport shuttle Laundry Skiing Family rooms Internet services

10. Marina Blue Ornos (from USD 90)

Just a 10-minute walk from Ornos Beach is Marina Blue Ornos, a highly rated guest house that has modest units for budget travelers. Basic toilet amenities, as well as entertainment provisions like a flat-screen television and free Wi-Fi, are available at the property. The units are centrally located in Ornos and are close to taverns and shops. The closest attractions include Nammos Mykonos, Fabrica Square, and Mykonos Windmills. While parties and events are not allowed on-site, the relaxed nightlife scene of Ornos is just a short walk away.

Marina Blue Ornos

Wifi Available

Address: Ornos
Accommodates: 6

Parking Free parking Internet services WiFi Available Free WiFi Non-smoking throughout Air conditioning Daily housekeeping

11. Liana Rooms (from USD 149)

Located in the heart of Mykonos City, Liana Rooms offer simple and clean accommodation in spartan rooms for a very low price. It might not look like much, but with such a low price you can definitely have that extra cocktail you have been craving. The rooms are only 200 meters (660 feet) away from the beach and they have WiFi and air conditioning.

Liana Rooms

Wifi Available

Address: Mykonos City
Accommodates: 4

Parking Laundry Internet services WiFi Available Free WiFi Air conditioning WiFi available in all areas Invoice provided

12. Christina Studios (from USD 74)

Only 3 minutes away from the beach and 100 meters (330 feet) from Tinos Town, these beautiful studios are decorated in simple Aegean style. From here you can explore Mykonos port and the old town. The rooms have WiFi and they are both quiet and spacious, making them the perfect central location for any vacationer. Christina Studios is one of the best places to stay in Mykonos on a budget.

Christina Studios

Wifi Available

Address: Meletopoulou 7
Accommodates: 3

Garden Terrace Non-smoking rooms Internet services Express check-in/check-out Safety deposit box Chapel/shrine WiFi Available

13. Beautiful Airbnb studio

If you want to stay in a design Airbnb location and feel really pampered up, between gorgeous designer furniture, then this is the place for you. This gorgeous studio in Fanari is quiet and incredibly atmospheric. There is a pool that you should kill for where you will be able to enjoy the sunset of a lifetime.

WH2-beautiful studio fanari
52 reviews
Cycladic house 2 Beds 4 Guests

14. Unique Mykonos apartment (from USD 208)

Here you can draw yourself into tasteful whites with only a few decorative touches of color. Mykonos unique apartment will definitely offer you a completely unique experience regarding the tastefulness of the interiors. The apartments have a double bed and a sofa bed as well as a balcony and they are located only 900 meters (3,000 feet) away from the Old Port of Mykonos.

Mykonos Unique Apartment

Wifi Available

Address: Epar.Od. Mikonou-Ano Merias
Accommodates: 4

Garden Terrace Non-smoking rooms Family rooms Internet services Safety deposit box Soundproof rooms Car hire

15. Mykonos Le Grand Bleu Beachfront Suite

Mykonos Le Grand Bleu Beachfront Suite is the kind of place that you won’t believe is so affordable by its location and appearance alone. The one-bedroom house is right in between Paraga Beach and Psarou Beach. There are upscale beach clubs nearby, like Scorpios and Nammos, where you can truly feel like royalty. If you wish to experience other activities, you could arrange tours like wine tasting, boat excursions to Delos-Santorini, or sailing and yachting to the south beaches of Mykonos.

Mykonos Le Grand Bleu Beachfront Suite
Platis Gialos , Mykonos, Greece
52 reviews Superhost  Wifi Available
Entire home 4 Beds 4 Guests 1 Bedroom 1 Bathroom

Accommodates: 4

Top guest reviews
Amenities & Room:
the place was clean quiet comfortable for 4 people and the view was just gorgeous
great space great location the house was clean comfortable and had stunning views
clean and very comfortable
sparkling clean place has amazing views
the space was stylish and clean
cosy and clean place with wonderful view
host is great with local advice and quick responses
very helpful & responsive host
yiannis was a great host he was quick to reply and very accommodating
this place was absolutely lovely the hosts were amazing and very quick at responding
and to top it off the host yiannis is so lovely wonderful and caring
the location can’t be beat just a short walk to platis gialos along a beautiful path
we loved our stay place and location was perfect
this place was just magical the location is better than you can imagine
great location very accommodating hosts
location was great close walking to some of the most popular clubs and other amenities
Read more reviews

Mykonos: Glamorous Aegean lifestyle on the cheap

Mykonos is a place with plenty of things to do, as well as water sports and activities. Some call Mykonos the Switzerland of Greece because of the high prices not only in accommodation but in drinks and food. However here is the proof that you can enjoy Mykonos even on a budget without necessarily sacrificing your comfort. With these cheap accommodations in Mykonos, you will be able to spend the rest of your money in cocktails, mussels, shots, champagne, and parties or even designer clothing.

Disclosure: Trip101 selects the listings in our articles independently. Some of the listings in this article contain affiliate links.

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Marilia Kaisar is a multidisciplinary storyteller from Greece. She identifies as a traveler, an artist, a writer, a journalist or an architect according to the circumstances. She is currently...Read more

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