Best Cheap Hotels in Santorini under $100/night

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Written By: Pavlos

cheap hotels in santorini

Trying to find a cheap hotel in Santorini during the summer months has been almost impossible the last years, as the island has become a top world destination and a bit viral on Instagram.

However, the following cheap hotels in Santorini are very decent, clean and absolutely value for money.

To put it simply: if you are looking to do Santorini on a budget then you should check out the hotels in Perissa (the famous black beach in Santorini) or the hotels in Kamari, which is the second best beach on the island.

BEST CHEAP HOTEL IN SANTORINI: Stelios Place (in Perissa)

One of the main reasons people have found it difficult to visit Santorini in the last years is because the prices of the available hotels have gone through the roof. This is happening for the obvious reason of Santorini being one of the most popular destinations not only in Europe but in the whole world.

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There is a solution to that problem though and there are definitely a few cheap hotels that won’t break the bank but they will provide decent and clean accommodation.

But you have to compromise…

Where to Stay in Santorini
Best Hotels in Santorini
Best Beach Hotels in Santorini
Best Hotels in Perissa
Best Hotels in Kamari

The amazing hotels of Santorini that are in Fira, Firostefani, Imerovigli or Oia, situated on the top of the cliff with their amazing balconies and plunge pools overlooking the famous volcano lagoon (called caldera) are some of the most expensive hotels in Europe; especially during the high season of May, June, July, August and September. 

So… you are not getting any of those unfortunately, if you are looking for affordable accommodation in Santorini.

if you don’t know where to stay in Santorini and you are looking for a cheap hotel then you have to stay either in Fira, Perissa or Kamari as the best cheap hotels of Santorini are located there.

Bear in mind though, that if you are planning to combine your visit to Santorini with a few days in Mykonos too, then there is hope! There are some very decent but cheap hotels in Mykonos too.

Note: You may have found lists of cheap hotels in Santorini that are listing hotels that cost more than $200 per night. Unfortunately, that is considered cheap for some people online… The hotels I am listing below, are all under $100 per night/room at the time of writing this post.

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  • The hotels in Santorini that are closer to the beachside town such as Perissa, Perivolos or Kamari are much cheaper than the ones in Oia or Fira. The most decent cheap hotels are close to the beach areas but they don’t have caldera views obviously.
  • Best Cheap Hotel in Santorini: Stelios Place (in Perissa; aka black beach)

  • None of these hotels have caldera (volcano) views (the famous Santorini views, you may have seen on instagram) and it will be almost impossible to find a decent hotel with caldera views under $300 per room per night between May-October.

  • If you want to go super cheap (less than $50 per night) then you can stay at Santorini’s hostels which are very decent: Santorini Hostel , Youth Hostel Anna

  • Things you can do to save money in Santorini: go with an 8 hr Bluestar ferry, take the local Santorini bus, eat breakfast from a bakery, eat greek street food (like souvlaki) and generally as a rule of thumb avoid any restaurant or hotel that has caldera views. is the website with the most available rooms and Private Villas in Athens, Santorini , Mykonos & Crete (more than Airbnb!)

Ferryhopper is the best website to book your ferry tickets or check the timetables for Santorini, Mykonos , Crete & all greek islands

Get Your Guide has the best and largest variety of Tours in Athens and the greek islands (Santorini, Mykonos, Crete etc)

Rentalcars is the easiest way to rent a car or a quad for Greece with thousands of available options

Expedia has all the available flights to and from the greek islands

So…without further ado, let’s see the  Best Cheap Hotels in Santorini island :

1. Stelios Place (Perissa)

Stelios Place
Stelios is the highest rated budget hotel in Santorini

This one is one the edge of $100 per night (for the high season) but it’s one of the highest rated hotels of Santorini on and that is for some very good reasons. Stelios Place doesn’t have nice caldera views but it is a family hotel run by really kind and friendly people who will make sure you have a great time there (I personally know Stelios the owner, a lovely guy). The hotel itself is very clean, its location is literally meters away from the beach but there is also a vey decent swimming pool you can use, the rooms are getting cleaned up every day, you get free towels and you are also going to get picked from the aiport for free….. CHECK PRICES AND AVAILABILITY HERE

2. Antonia Hotel (Fira)

Hotel Antonia
Antonia is at the centre of Fira which is great if you want to be where all the buzz is

A family run hotel at a really central location as you will be in the centre of Fira very close to everything! The rooms themselves are super clean (but basic) and there is also a lovely patio where you can relax. The owners can also arrange a shuttle bus to/from the port/airport for only 5 euros (that’s really good!)…

3. King Thiras Hotel (Firostefani)

king thiras hotel
King Thiras offers basic accommodation but it’s very well rated online

No luxuries here but a very clean and decent hotel to spend a few days in Santorini. Most rooms have a balcony with really nice views to be honest and they are all recently refurbished. the breakfast also is really good!…. 

4. Phoenix Hotel (Fira)

Phoenix has been recently renovated and it has a very cute swimming pool too

This one is not in the centre of Fira but remember that if you want to go cheap you have to compromise (but we are talking about 10mins from the centre of Fira). This one is a really new addition as it is recently renovated and it is a really good hotel with very large air-conditioned rooms and a really cute swimming pool. The hotel has a really homey feeling to it and the friendly owners will make sure you have a great stay … 

5. Kiklamino Suite & Apartments (Oia)

Kiklamino is a family run hotel with lovely owners and affordable prices

Kiklamino Suites is not in the main (and famous) location in Oia but a bit away from it (though it’s still considered Oia). I remind you again that you cannot get cheap prices with caldera views. Kiklamino is a really lovely hotel run by Katerina and her family who will try to make your stay unforgettable. The breakfast basket that comes every day is yummy, the rooms are really nice and modernly decorated. The cute backyard is also a plus!

6. Selini Hotel (Kamari)

selini hotel santorini
Selini is perfect if you want to be next to the beach (Kamari)

Selini is at Kamari and it is ideal for families with kids as it is very close to the beautiful Kamari beach and at walking distance to the famous Kamari beachfront with lots of family restaurant, shops and tavernas. Nice and clean rooms with breakfast…


You don’t have to spend 1000s of your hardly earned money to visit and stay in Santorini. To get the best deals on hotels you have to book at least 6 months in advance and if you want to get the best value for money just stick to these 2 rules: stay away from the caldera or visit any other month outside of June-July-August-September.  In my opinion, any Perissa hotel will always be a much cheaper option at any time of the year. Bear in mind though that there are some very good cheap hotels in Mykonos too, in case you want to combine a trip to the other famous greek island.


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