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Perhaps one of the recognizable party islands anywhere on earth, Mykonos, Greece is a sight to behold.
Famous the world over for its stunning beaches, legendary parties, and generally all things glamorous; Mykonos certainly has a lot going for it.
That said, there are a few things to consider when thinking about making the trip to Mykonos.
This Greek island is heavily trafficked by people seeking budget accommodation here. That and Mykonos can be quite expensive! Put the two together, and, well…
That is exactly when I wrote this guide to the best hostels in Mykonos 2018.
This budget hostel/hotel guide is your ticket to finding the best and cheapest backpacker accommodation on the island.
Many a traveler passes through Mykonos each year looking to score a cheap hostel.
Be sure the best hostels and budget hotels in Mykonos book out fast. After reading this hostel guide, you will be prepared to book the perfect spot for yourself, ensuring that you score the place you want before you arrive.
Whether you are looking for the best party hostel in Mykonos, a room to share with your partner, or just the cheapest damn bed on the island, there is a hostel on my list for every traveler.
Let’s dive right in and explore the best hostels in Mykonos…
Quick Answer: The Best Hostels in Mykonos
- Overall Best Hostel in Mykonos – Paraga Beach Hostel
- Best Hostel with a Private Room in Mykonos – Mycocoon Hostel Mykonos
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Overall Best Hostel in MykonosOverall Best Hostel in MykonosParaga Beach Hostel
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Best Hostel with a Private Room in MykonosBest Hostel with a Private Room in MykonosMycocoon Hostel Mykonos
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Welcome to my ultimate bargain guide to the best hostes in Mykonos 2018.
The 10 Best Hostels in Mykonos
Overall Best Hostel in Mykonos – Paraga Beach Hostel

Best and cheapest?! Now that I have your attention you can take notice that Paraga Beach Hostel is the best hostel in Mykonos…
- $
- Swimming Pool
- 24-Hour Reception
- Bar
Hey! So, not only is this the best overall hostel in Mykonos, it’s probably the cheapest way to actually stay on the otherwise quite expensive and luxury island of Mykonos. So it’s a double winner there. It’s also great for partying: the feels here are like, well, sorta like an adult summer camp, so if you’re into music, meeting people and merriment then Paraga Beach’s your best bet. Kinda more like a resort than a top hostel in Mykonos. But let’s say it’s both! It’s right next to the beach, too – win. But yeah, for the price alone, this is easily the best hostel in Mykonos 2018.
Best Hostel with a Private Room in Mykonos – Mycocoon Hostel Mykonos

Quite possibly one of the fanciest hostels on the planet (with the associated prices), Mycocoon Hostel Mykonos is the best hostel with a private room in Mykonos.
- $$$
- Infinity Pool
- Rooftop Bar
- Bar
Oh. Cool. Really cool actually. This is like, some space-age accommodation for Mykonos, seriously. Probs the coolest hostel in Mykonos, but with traditional Mykonos prices: i.e. expensive. However, that’s a small price to pay for the best hostel with a private room in Mykonos. I mean, the island’s all about luxury so if you’re gonna do it, a funky little hostel like Mycocoon (bit of wordplay there, love it) is a good choice. Needless to say, the rooms are comfy (so are the dorms), and everything’s clean and looks cool. The dorms are actually nicely priced (more like a $$) too.

More Best Hostels in Mykonos
The humble hostel not taking your fancy in Mykonos? Well, don’t you worry. Mykonos is all about luxury and stuff like that. And so you won’t feel out of place on this party-luxe-chill Greek island, we’ve gathered together a selection of the best hotels in Mykonos for your ocular approval. Peep our selects below…
Best Budget Hotel in Mykonos – Paradise Beach Camping

Paradise Beach Camping is a unique option for travelers on a budget. Yes it is at a campsite: definitely one of the best cheap hotels in Mykonos.
- $
- Bar & Cafe
- 24-Hour Reception
- Hot Showers
We know. We bet you’re all like, ‘Hang on you were just chatting about how luxe this place is and first off is a CAMPSITE?’ Yeah, yeah. However, in terms of the best budget hotel in Mykonos, you probably can do no better than Paradise Beach Camping. The name of this place is a bit of a misnomer though: it’s mainly about the basic but clean (and also quite stylish in their simplicity) bungalows at this vintage place to stay in Mykonos. In fact, this place has been going since the hippie heydays of the late ’60s, so maybe you can channel your inner, um, whatever here. Easily the best budget hotel in Mykonos. Location is good too: beach, clubs, restaurants, and all of the best things to do in Mykonos.
Best Mid-Range Hotel in Mykonos – Super Paradise Suites & Rooms

Super Paradise Suites & Rooms has got it all and is certainly a great option in the realm of best mid-range hotels in Mykonos.
- $$
- Free Breakfast
- Air Conditioning
- Bar
Clue’s in the name with this one: not only a paradise, but a SUPER paradise. It’s bound to be good isn’t it? And, well, it is, thankfully. And for the price – firmly at the more affordable end of mid-range – we’re gonna just go ahead and say that this pretty stylish hotel is the best mid-range hotel in Mykonos. 1) The rooms are clean, chic and modern (nice seaside-minimalist sorta vibe). 2) There’s a GOOD free breakfast. 3) One of the room options here is like a deluxe affair with amazing sea views and it’s beautiful. Basically, it’s great. And if you’re in a couple you’re gonna feel like you’re somewhere luxury but for like a portion of the price.
Check on Booking.com Check on HotelsCombined
Best Splurge Hotel in Mykonos – Kouros Hotel & Suites

Just married or wanting to live the high life for a few days? Kouros Hotel & Suites is the best splurge hotel in Mykonos.
- $$$
- Swimming Pool
- Restaurant
- Stunning AF
With an amazing location and stunning views, even just the natural setting of this top hotel in Mykonos is worth the money. And then when you throw in super, super luxury surroundings – cocktail bar, pristine pool area, rooms feat. balconies and patios, general honeymoon-worthy decor and ambience – it just gets even better. Our pick for the best splurge hotel’s got freshly renovated deluxe rooms with an elegant decor in ultracool white tones, huge TVs for lazy mornings, some with outdoor hot tubs and literally incredible private sea views. Wow-ee. V expensive though, deffo a splurge.
Check on Booking.com Check on HotelsCombined
Hippie Chic Hotel

There is nothing hippie about this luxury hotel, but it sure is one of the best places to stay in Mykonos.
- $$$
- Sea Views
- Fantastic Service
- POOLSIDE SUSHI BAR
First off this is a bit of a weird name since we’re not quite sure what counts for hippie or indeed hippie chic in terms of this particular hotel. But whatever. It’s posh AF, and we know there’s nothing hippie about that. Our favourite thing about this recommended hotel in Mykonos is prrrrrobably the poolside sushi bar which is just beyond luxury – we love that. The rooms have coco-mat beds which believe us are super comfy, and the whole hotel has been designed with local architecture in mind, i.e. it’s not a monstrosity. It IS pricey though. No hippies allowed (joke).
Check on Booking.com Check on HotelsCombined
Mina Studios

Mina Studios might just be the best cheap private room in Mykonos. Details below…
- $/$$
- Free Breakfast
- Outdoor Terrace
- Very Nice Staff
The cheapest room at this top hotel in Mykonos is the ‘Budget Double Room’ and compared to every other hotel that looks similar to this, the price is a steal. Seriously. That doesn’t mean that this is the best budget hotel in Mykonos though, since the rest of the rooms shoot up to an upper level mid-range sorta price. Mina Studios is pretty cool, though it’s not the COOLEST hotel in Mykonos – the taste isn’t top-notch in the decor, we’d say. The owners are amazing though, very welcoming and friendly. Restaurants and tavernas in easy walking distance. Oh and – bonus: V tasty free breakfast.
Check on Booking.com Check on HotelsCombined
Makis Place

Beautiful. Chic. Modern. A bit pricey? Yes. Still, Makis Place is still cheaper than other places and is another great place to stay if you can swing the cost.
- $$
- Free Breakfast
- Swimming Pool
- Bar & Restaurant
Pool, bar, restaurant – all the things you ever need on holiday are here at Makis Place. And it’s really nice! All minimalist white and pale wood, clean and airy, the sorta place you can imagine lounging around in for endless afternoons – or Instagramming the fact that you’re there. You know how it is. It’s very nice though, and for not a terrible price, either. It’s set in a super lush garden/grounds, and location-wise it’s about an 8-10 min walk to the beach. The atmosphere in general here is pretty chilled too, since the staff are also chilled (AND nice AND helpful). Breakfast is FREEeeeee and it’s served outside.
Check on Booking.com Check on HotelsCombined
Paradise View Hotel

Paradise View Hotel is close to everything, so if location is important to you, it is one of the best cheap hotels in Mykonos.
- $$
- Free Breakfast
- Swimming Pool
- Bar
If you didn’t clock it already you’ll be pleased to know that Paraidse View Hotel is just a few mins by foot from Paradise Beach, which is basically ideal; best of both worlds – chill (eat, drink, etc.) at the beach, then have somewhere to escape to rather than just being ON the beach the whole time. We dunno, everyone’s different, innit. Other than that the staff here are super friendly and helpful – and the BEDS, my oh my it’s like sleeping on a cloud. A nice cloud not a thundercloud. We wonder if maybe they didn’t name the hotel after the beds rather than the location, actually.
Check on Booking.com Check on HotelsCombined
Markos Beach Hotel

For a place ON the beach, you won’t find anything cheaper than Markos Beach Hotel .
- $$
- Outdoor Terrace
- Luggage Storage
- BEACH
For a beachside hotel that is literally ON the beach, the price of Markos Beach Hotel (simple) is pretty good to be fair. On the other hand, the quality of the actual hotel itself isn’t quite up to scratch with other hotels of a similar price that AREN’T literally ON the beach. It’s a trade-off. But it’s not exactly dilapidated, jeez no: it’s still REALLY nice! Just not that ultra boutique flavour which you may be after whilst you’re on your little Greek getaway or whatever it is you’re doing here. It’s, you know, typically cycladic whitewashed stone and all that. Some rooms have kitchenettes too, which is good for budgeteers. But mainly: BEACH.
Check on Booking.com Check on HotelsCombined

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Final Thoughts on the Best Hostels in Mykonos
Alas, the time has come to say goodbye: you have made to the end of my best hostels in Mykonos 2018 list.
You might have gathered long before reading this hostel guide that Mykonos is very popular and quite expensive place to visit. With a little planning you can keep your costs to an absolute minimum.
You are now in full possession of all of the top quality budget options on the island.
Certainly traveling in Mykonos is not the cheapest backpacking endeavor. That said, with the information you gleaned from this guide, you should be able to book the perfect spot for yourself based on your own budget.
I want you to have the best possible experience backpacking Mykonos, so in order for you to make that a reality you’re going to have book in advance to avoid last-minute disappointment or high-costs.
Many travelers are after the very same cheap bed, so its on you to prepare a little to ensure you have more cash in your pocket for living it up on Mykonos.
Still feeling conflicted on where to stay? Not sure which hostel is the best hostel in Mykonos for your own needs? No worries…
In times of uncertainty, I typically recommend that you just book my top overall pick for best hostel in Mykonos: Paraga Beach Hostel.
If you’re looking for something a little bit posher, check out Sam’s guide on where to stay in Mykonos for different budgets 🙂
Happy travels!

Best and cheapest?! Now that I have your attention you can take notice that Paraga Beach Hostel is the best hsotel in Mykonos…
Don’t forget to sort your travel insurance! We’ve put together a roundup of the best travel insurance for backpackers – check it out here, or if you’re low on time, get a quote from World Nomads now, our favourite travel insurance provider.
Do you own or run a kick ass hostel? Want to be featured in this list? Get in touch at hostels@thebrokebackpacker.com
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Need More Inspiration?
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