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 glamorous things; 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 2024.
This budget hostel/hotel guide is your ticket to finding the best and cheapest backpacker accommodation on the island.
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.
Let’s dive right in and explore the best hostels in Mykonos…
Quick answer: The Best Hostels in Mykonos
- Best Hostel with a Private Room in Mykonos – Mycocoon Hostel Mykonos
The 10 Best Hostels in Mykonos
Just like in other popular regions, some areas are a bit more expensive than others. Find out where to stay in Mykonos before you start your travels and your research will pay off. For the best place to rest your head at night, check out the best Mykonos hostels.
Paraga Beach Hostel – Overall Best Hostel in Mykonos
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 2021.
Mycocoon Hostel Mykonos – Best Hostel with a Private Room in Mykonos
Oh. Cool. Really cool actually. Mycocoon Hostel 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 place like Mycocoon hostel 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.
For more private affordable places to stay, check out Airbnbs in Mykonos!
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It looks exactly like a normal belt except for a SECRET interior pocket perfectly designed to hide a wad of cash, a passport photocopy or anything else you may wish to hide. Never get caught with your pants down again! (Unless you want to…)Hide Yo’ Money!
More Cool Hostels in Mykonos
The humble hostels 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 budget hotels in Mykonos for your ocular approval. Still kind of affordable, but with a bit more bang for your buck. Peep our selects below…
Paradise Beach Camping – Best Budget Hotel in Mykonos
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.
Super Paradise Suites & Rooms – Best Mid-Range Hotel in Mykonos
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.
Kouros Hotel & Suites – Best Splurge Hotel in Mykonos
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.
Even More Great Budget Hotels in Mykonos
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).
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.
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.
If you didn’t clock it already you’ll be pleased to know that Paradise 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 Paradise 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.
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.
What to Pack for your Mykonos Hostel
Pants, socks, underwear, soap?! Take it from us, packing for a hostel stay is not always quite as straight forward as it seems. Working out what to bring and what to leave at home is an art we have perfected over many years.
Snoring dorm-mates can ruin your nights rest and seriously damage the hostel experience. This is why I always travel with a pack of decent ear plugs.
Hanging Laundry Bag
Trust us, this is an absolute game changer. Super compact, a hanging mesh laundry bag stops your dirty clothes from stinking, you don’t know how much you need one of these… so just get it, thank us later.
Sea To Summit Micro Towel
Hostel towels are scummy and take forever to dry. Microfibre towels dry quickly, are compact, lightweight, and can be used as a blanket or yoga mat if need be.
Forget about Poker! Monopoly Deal is the single best travel card game that we have ever played. Works with 2-5 players and guarantees happy days.
Grayl Geopress Water Bottle
Always travel with a water bottle! They save you money and reduce your plastic footprint on our planet. The Grayl Geopress acts as a purifier AND temperature regulator. Boom!
Check out our definitive Hostel Packing list for our top packing tips!
Why you should travel to Mykonos
Alas, the time has come to say goodbye: you have made to the end of my best hostels in Mykonos 2024 list.
You might have gathered long before reading this hostel guide that Mykonos, and Greece overall, is a 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.
If you’re planning on checking out more of Greece, there are many more amazing Greek hostels waiting for you.
In times of uncertainty, I typically recommend that you just book my top overall pick for best hostel in Mykonos: Paraga Beach Hostel.
FAQ about Hostels in Mykonos
Here are some questions backpackers ask about hostels in Mykonos.
Travel Safety Tips for Mykonos
ALWAYS sort out your backpacker insurance before your trip. There’s plenty to choose from in that department, but a good place to start is Safety Wing.
They offer month-to-month payments, no lock-in contracts, and require absolutely no itineraries: that’s the exact kind of insurance long-term travellers and digital nomads need.
SafetyWing is cheap, easy, and admin-free: just sign up lickety-split so you can get back to it!
Click the button below to learn more about SafetyWing’s setup or read our insider review for the full tasty scoop.
More Epic Hostels in Greece and Europe
Hopefully by now you’ve found the perfect hostel for your upcoming trip to Mykonos.
Planning an epic trip all across Greece or even Europe itself?
Don’t worry – we’ve got you covered!
For more cool hostel guides around Europe, check out:
Over to you
By now I hope our epic guide to the best Mykonos hostels has helped you choose the perfect hostel for your adventure!
If you think we’ve missed anything or have any further thoughts, hit us up in the comments!
And for transparency’s sake, please know that some of the links in our content are affiliate links. That means that if you book your accommodation, buy your gear, or sort your insurance through our link, we earn a small commission (at no extra cost to you). That said, we only link to the gear we trust and never recommend services we don’t believe are up to scratch. Again, thank you!