The 9 Best Cheap Hotels in Canmore

Author: Dan Brewer

Last Updated:

Welcome to Canmore, Alberta – our hometown! Canmore is a charming mountain town nestled in the heart of the Canadian Rockies! Many visitors to the Canadian Rockies will start their search with the best hotels in Banff, but many will be surprised at the high prices.

Canmore is an ideal alternative to staying at a hotel in Banff. Located just minutes outside of Banff National Park, Canmore enjoys the same Rocky Mountain scenery as it’s more famous neighbour. If you’re yearning to experience the picturesque beauty of this enchanting mountain destination without straining your wallet, look no further. Without question, Canmore has the best cheap places to stay near Banff.

Enjoy excellent views of the Canadian Rockies from this popular Canmore lake
Quarry Lake, Canmore.

This post contains compensated links.

The Top 9 Affordable Hotels in Canmore

Given that we live in Canmore, we obviously haven’t stayed at all of these Canmore budget hotels. But, based on our experiences and ample local knowledge, we are confident giving you this carefully curated list of the finest affordable hotels in Canmore. So, get ready to embark on an unforgettable holiday as we unveil the best cheap hotels in Canmore.

Policeman's Creek is a beautiful & tranquil stream near downtown Canmore, Alberta.
Policeman’s Creek is a beautiful walk near many of Canmore’ affordable hotels.

1. Falcon Crest Lodge by CLIQUE

For a picturesque and affordable stay in the Canadian Rockies, head to Falcon Crest Lodge by CLIQUE. This great Canmore hotel offers a blend of luxury and affordability, making it a top choice for people visiting the Rocky Mountains.

the Rocky Mountain setting for the Falcon Crest Lodge in Canmore, Alberta.
The Three Sisters and Ship’s Prow rise above the Falcon Crest Lodge.

The Falcon Crest Lodge presents luxurious and spacious condo suites that feature full kitchens and spa-inspired bathrooms, complemented by daily housekeeping services. Striving to minimize its environmental impact, the lodge has implemented energy-efficient lighting, recycled plastic patio furniture, and water-saving rain showerheads. Additionally, they partner with Soap for Hope to reduce waste while supporting those in need.

the stylish interior of the Affordable Falcon Crest Lodge in Canmore, Canada.

With two outdoor hot tubs providing breathtaking views of the Three Sisters, Ha Ling Peak, and the Rundle mountain range, guests can relax and unwind in style. The Falcon Crest Lodge also offers 24/7 concierge service to assist guests in planning their itinerary.

ha ling peak elevation 2408m above sea level
Looking down on Canmore from the summit of Ha Ling Peak.

Falcon Crest Lodge by CLIQUE ensures an unforgettable experience of luxury, comfort, and convenience, solidifying its place among the best affordable hotels in Canmore.

2. Pocaterra Inn & Waterslide

Look only as far as Pocaterra Inn & Waterslide if you seek a Canmore budget accommodation that’s comfortable as it is affordable. This charming Canmore hotel extends a warm welcome to all its guests with freshly baked goodies and superior hospitality services.

cheap hotels in Canmore  - Pocaterra Inn and waterslide.

One of the best Canmore hotels with a pool, the Pocaterra Inn is known for its large indoor pool with a thrilling waterslide and hot tub, perfect for families and adventure enthusiasts alike. Those seeking relaxation after a day of play in the mountains can unwind in the hotel’s spectacular dry sauna.

cheap places to stay in Canmore with awaterslide - Pocaterra Inn is family-friendly.

To make your stay more comfortable, the hotel provides complimentary breakfast every morning. Business travelers can avail of the hotel’s conference packages and business center services, while those traveling with their furry friends will appreciate the Pocaterra Inn is also one of the best pet-friendly hotels in Canmore.

best affordable hotels in Canmore - Pocaterra Inn.

With its prime location on Bow Valley Trail, the Pocaterra Inn provides easy access to nearby hiking trails and spectacular mountain views, making it not only one of the best affordable places to stay in Canmore, but indeed one of the best hotels in Canmore.

If you stay at the Pocaterra Inn, you may find it fun to hike the Pocaterra Ridge Trail!

3. Chateau Canmore

Discover the affordable gem of Chateau Canmore, nestled among the stunning Canadian Rockies in Bow Valley. This budget-friendly hotel offers cozy rooms with fireplaces, whirlpool bathtubs, and breathtaking mountain views.

the Chateau Canmore hotel is an inexpensive hotel near Banff with a fireplace.

Benefiting from a great location on Bow Valley Trail just off the Trans-Canada Highway, the Chateau Canmore is one of the closest affordable hotels in Canmore to the Banff park gates. Ideal for road-trippers, the hotel is conveniently close to gas stations and electric car charging points.

Outdoor enthusiasts will find plenty to indulge in, with the hotel situated just minutes from the start of the Banff Legacy Trail — a scenic 26.8 km paved path linking Canmore with the Town of Banff, perfect for walking and cycling enthusiasts. Guests can also explore some of the best walking trails in Canmore, many of which are close by.

crossing the old engine bridge on a scenic walking trail in canmore.
Canmore has excellent walking trails near the hotel district.

Chez Francois, one of my favorite Canmore breakfast restaurants, is conveniently located in the Chateau Canmore. Known for their creative eggs benedict dishes, Chez Francois is the perfect restaurant to start your day of play in the Canadian Rockies!

Breakfast at Chez Francois in the Chateau Canmore hotel on Bow Valley Trail.
Breakfast at Chez Francois.

Experience the best of Canmore at a great price at Chateau Canmore, one of the best cheap places to stay in Canmore.

4. Solara Resort – Bellstar Hotels & Resorts

Escape to the Solara Resort, an exceptional mountain retreat and one of Canmore’s most affordable accommodations. The Solara Resort boasts spacious 1, 2, and 3-bedroom condo suites that feature gourmet kitchens with granite countertops and spa-inspired bathrooms. Cozy fireplaces and oversized windows fill the suites with warmth and natural light, ensuring a comfortable and luxurious experience.

a man and his dog explore the beautiful gardens around the Solara Resort in Canmore, AB.
Beautiful gardens at the Solara Resort.

The Solara Resort offers enticing packages and deals that include activities like stargazing, geocaching, wilderness walks, and bike trails. It serves as an ideal starting point to explore the year-round attractions and recreational opportunities in Canmore, Alberta, and Banff National Park.

The exterior of the pet-friendly Solara Resort in Canmore, Alberta

In addition to the resort’s offerings, Canmore itself presents a plethora of activities to explore, including Canmore River Adventures, white water rafting, Stewart Creek Golf & Country Club, Canmore Cave Tours, and horseback riding adventures. With the array of amenities and opportunities to explore in the vicinity, Solara Resort undeniably earns its place as one of the best cheap hotels in Canmore.

5. Rocky Mountain Ski Lodge

Nestled in the heart of Canmore, the Rocky Mountain Ski Lodge stands out as one of the top Canmore budget hotels. Its delightful array of accommodations that include hotel rooms and apartments easily make it one of the best cheap places to stay near Banff.

a playground in front of the Rocky Mountain Ski Lodge - one of the most affordable places to stay in Canmore, Alberta.
A fun playground at the Rocky Mountain Ski Lodge.

As the name suggests, the Rocky Mountain Ski Lodge is a great place for people looking to go skiing in Banff. Not only do they offer ski storage lockers, but they also offer an inviting hot tub and relaxing sauna to unwind after a fun day on the slopes.

Sunshine Village - Banff Ski Hill
Banff’s Sunshine Village ski resort is just 35 minutes away.

The hotel rooms boast stunning mountain views, air conditioning, and complimentary Wi-Fi. Each room is equipped with convenient amenities such as mini-fridges and coffeemakers. Furthermore, guests can enjoy the lodge’s complimentary BBQ facilities and picnic area.

For those visiting Canmore with kids, the Rocky Mountain Ski Lodge has a great playground. All members of your family are welcome, as the Rocky Mountain Ski Lodge is also a pet-friendly Canmore hotel.

two happy dogs rest while hiking in Kananaskis Country near Canmore, Alberta.
Our dogs love hiking near Canmore!

With a 24-hour front desk, self-serve laundry facilities, and baggage storage, the lodge caters to the needs of travelers that seek the utmost convenience. Its proximity to Kananaskis Country and Banff National Park makes it an ideal location for tourists seeking to explore the natural wonders of the Canadian Rocky Mountains.

6. Canmore Rocky Mountain Inn

Indulge in a carefree mountain escape at Canmore Rocky Mountain Inn, one of the finest affordable hotels in Canmore. With over 50 tastefully furnished rooms, this charming inn offers a range of top-notch amenities, including a 24-hour dry sauna and a welcoming lobby adorned with a wood-burning fireplace, setting a relaxed ambiance.

the lobby of the Canmore Rocky Mountain Inn features towering windows affording amazing views of the Canadian Rockies.

Blending seamlessly with the mountainous surroundings, Canmore Rocky Mountain Inn features classic cottage-style interiors and exteriors, creating an inviting atmosphere that harmonizes with the natural beauty of the area.

Embracing guest satisfaction, the Canmore Rocky Mountain Inn takes pride in offering exceptional amenities with a selection of suites perfect for romantic getaways.

Nestled close to Canmore’s most enticing attractions, the hotel is ideally situated for outdoor enthusiasts. Explore the vibrant shopping spot of Main Street, embark on thrilling adventures with Canmore Cave Tours in the Rat’s Nest Cave, or take in breathtaking views and traverse scenic trails at Ha Ling Peak. Moreover, registered guests can enjoy the hotel’s complimentary bicycle program, an eco-friendly way to explore Canmore or the nearby Town of Banff via the Legacy Trail.

a father and son cycle the Legacy Trail from the Town of Banff to the Canmore Information Centre.
Our family loves cycling the Banff Legacy Trail between Canmore and Banff.

We had a very enjoyable stay at the Canmore Rocky Mountain Inn a few years ago when we needed to find a place to stay before we took possession of our house. We wanted to find comfortable & clean Canmore cheap accommodation, and we were very happy with our choice! Our kids loved the family of rabbits (including two bunnies!) which lived nearby.

A family of bunny rabbits outside the Canmore Rocky Mountain Inn on Bow Valley Trail.
We always stopped to see the two tiny bunnies during our stay at the Canmore Rocky Mountain Inn.

With its luxurious accommodations and sought-after amenities, Canmore Rocky Mountain Inn stands as one of the best cheap hotels in Canmore, offering an unforgettable stay amidst the beauty of the region.

7. Stoneridge Mountain Resort

Experience the ultimate combination of upscale luxury and affordability at Stoneridge Mountain Resort, one of the best affordable hotels in Canmore. Situated in the heart of the Canadian Rockies, this remarkable Canmore hotel offers breathtaking mountain views and a wealth of outstanding amenities to indulge your senses.

s couple enjoys views of the Canadian Rockies from their balcony at the Stoneridge Mountain Resort.
Views of the Rocky Mountains around Canmore, Alberta.

Choose from a variety of well-appointed rooms, each featuring a full kitchen, laundry facilities, spacious living rooms, a private balcony or patio, and access to an outdoor heated pool and hot tub. The resort also boasts a 24-hour gym, underground heated parking, and EV charging stations, ensuring the utmost convenience for guests. Additionally, a versatile party hall is available, perfect for weddings, group events, and corporate meetings.

a couple relax in the outdoor hot tub at the Stoneridge Mountain Resort - one of the hotels in Canmore, Canada.

Enhancing the experience, the resort is home to the Black Dog Café, an all-day café and wine bar serving Eclipse coffee, wholesome dishes, fresh-made smoothies, and delectable desserts.

8. WorldMark Canmore – Banff

WorldMark Canmore-Banff presents an affordable and inviting option for a comfortable stay in Canmore. Offering a quiet, natural location a few minutes outside of downtown Canmore, the WorldMark Canmore-Banff hotel is an excellent choice for outdoor enthusiasts and nature lovers. In fact, the WorldMark hotel is one of the locations where we drop off our kids for their mountain biking camps.

best hotels in canmore canada - Worldmark by Wyndham.

The resort features spacious studios and large rooms with mini kitchens, cable TV, and access to an on-site laundry facility. Enjoy breathtaking views of the majestic Canadian Rockies from the suites, which can comfortably accommodate large families.

Enhancing your stay, the WorldMark Canmore-Banff resort provides a variety of amenities. Take a refreshing dip in the outdoor heated pool or unwind in the indoor or outdoor hot tubs. Stay active at the fitness center or relax in the recreation room, with comfortable seating, a TV, a pool table, and a cozy fireplace. Guest laundry facilities, BBQ grills, and convenient underground parking are also available.

the outdoor hot tub at the Worldmark Canmore-Banff hotel.

WorldMark Canmore-Banff ensures accessibility for all guests, offering features such as accessible self-parking, van-accessible self-parking, accessible public entrance, accessible guest rooms, and accessible elevators. Service animals are warmly welcomed.

Choose WorldMark Canmore-Banff for its affordable rates, prime location, and access to a wide array of outdoor activities, creating a memorable and value-packed stay in Canmore.

9. Georgetown Inn

 Situated in the heart of Canmore, The Georgetown Inn beckons you to discover its charming and affordable accommodations. Just a stone’s throw away from Banff National Park, this affordable Canmore hotel serves as the perfect base for exploring the breathtaking Canadian Rockies.

Step into the hotel’s inviting guest rooms, adorned with unique Old English decor, and equipped with modern amenities such as cable TV, a radio, a fridge, and a coffee maker. The rooms boast a cozy seating area and a fireplace, creating a warm and homely atmosphere. Upon arrival, guests are treated to a warm welcome with complimentary tea and freshly baked shortbread.

best places to stay in canmore on a budget - Georgetown Inn and Pub.

The Georgetown Inn’s classic Tudor English exterior, complete with picturesque patios and English gardens, adds to its distinct charm. The romantic rooms are especially attractive for couples visiting the mountains.

Indulge in the culinary delights at the on-site pub, which serves delectable breakfast and dinner options. From stuffed French toast to their award-winning fish and chips, the pub’s menu offers a variety of specialties to satisfy your taste buds. Unwind by the cozy wood-burning fireplace while enjoying appetizers, creating unforgettable memories at one of Canmore’s most sought-after and affordable hotels.

The restaurant at the Georgetown Inn in Canmore, Alberta is famous for its fish and chips.
We love the fish n chips at the Georgetown Inn Pub.


Will all hotels in Canmore provide a good mountain view?

views of the canmore railway bridge in front of ha ling on the canmore walking path network

Canmore, Alberta has a great location in the majestic Canadian Rockies, with breathtaking mountain views all around. While most hotel rooms in Canmore will offer a mountain view, not all of them will. (To be fair, even the iconic Banff Springs Hotel has some rooms without a view). If a mountain view is important to you, look for a room which specifically mentions having one. It’s worth the effort – you’ll be captivated by the awe-inspiring vistas that await you.

How long does it take to drive from Canmore to the Town of Banff?

The picturesque drive from Canmore to the Town of Banff is a short and scenic journey. With a distance of only 26 km between the two mountain towns and a straightforward route along Highway 1, the travel time is quite convenient. Under optimal conditions, you can expect to reach the town of Banff from Canmore in approximately 20 minutes. Be aware that you need a Banff Pass to enter the national park.

Is it cheaper to stay in Canmore or the Town of Banff?

On the edge of town, backing onto a forest, the Dorothy Motel is an excellent cheap hotel in Banff for visitors without a car

While both Alberta mountain resort towns have a range of accommodations to suit various needs, Canmore tends to have a wider selection of budget-friendly options available. It can be difficult to travel to Banff on a budget, but if you are interested, you can browse our list of affordable places to stay in Banff.

Is Canmore a good place to stay for visiting the Town of Banff?

The Best Canmore Walking Paths - views of the Three Sisters over Cougar Creek

Canmore is not only a convenient place to stay for visiting the Town of Banff, but it also offers its own unique charm and advantages. By choosing to stay in Canmore, you can enjoy a more relaxed and tranquil environment away from the bustling tourist crowds that often fill the Town of Banff. 

More Canmore, Alberta

+ posts

Dan Brewer, a life-long Alberta resident, calls Canmore home along with his wife and two kids. He is the co-owner of Travel Banff Canada, where he gets to share his passion for the Canadian Rocky Mountains. Dan, along with his family, love being outdoors doing one of the many activities they enjoy in the mountains: hiking, mountain biking, paddleboarding, skiing, snowshoeing and cross-country skiing.

When he's not in Canmore enjoying one of his favourite local hikes, you can find him hoping on a plane to explore a new country with his family or working on one of their other two travel sites: Family Can Travel and Baby Can Travel.