The Best Places to Stay in Santorini on a Budget That are Still Super Luxe

If you’ve been following along on Instagram, you know how much I love Santorini. If you’re dreaming up a relaxing getaway filled with the most amazing sunsets, crystal-clear Aegean waters, and alllll of the views of those iconic white-washed villas, you’re not alone. Santorini is out of this world beautiful. Now, I know ‘Santorini’ often conjures up thoughts of ultra-luxe honeymoon stays with a price tag to match, but what if I told you that you can experience all this island has to offer without breaking the bank? Yes, it’s possible! In fact, Greece is one of the best Europe destinations to do on a budget. And to help, I’ve handpicked the absolute best places to stay that have been vetted and recommended by my followers as the BEST places to stay in Santorini on a budget – that still feel super Jetsetty. These places are guaranteed to offer that dreamy Santorini luxury without breaking the bank.

The Best Places to Stay in Santorini on a Budget

Esperas

 

 
 
 
 
 
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Esperas is not just a hotel, it’s a Santorini dream come true and it’s the BEST place to get that world-famous Santorini sunset!!! Picture this: you’re lounging on a sun-soaked terrace, sipping a glass of Assyrtiko, with the most stunning view of the caldera. This popular hotel features an outdoor swimming pool, a bar by the pool, and a sunny deck. There’s even a spa right by the ocean and their equally famous restaurant, Ombra where you can enjoy the delicious and authentic Greek cuisine and enjoy a bottle of wine while looking out at the beautiful view of the caldera!! 
Price Range: $240 to $500
Best Feature: The sunset views here are unbeatable and will make your heart skip a beat.
Check rates for your dates here.

Finikia Memories

 

 
 
 
 
 
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If you’re traveling with your family and you’re looking for that perfect child-friendly hotel, then Finikia Memories is the best option. It’s also close to restaurants and attractions and the best thing is the hospitality!! It’s located in the traditional village of Finikia in Oia, which is one of my favorite parts of the area! It’s slightly tucked away and has some DELICIOUS restaurants. You’ll feel like you’re on a whole different island. 
Price Range: $105 – $163 (very budget-friendly!)
Best Feature: It’s only takes 10 minutes of walking to get to Oia’s promenade and those amazing Caldera views!
Check rates for your dates here.

Armeni Village

 

 
 
 
 
 
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Armeni Village is another little slice of Greek heaven. The rooms are whitewashed cocoons of comfort that is inspired by traditional white cave houses of the Oia. The best part? Each room has a breathtaking view of the deep blue Aegean!! Their villas also a large terrace with a private jacuzzi with an overlooking view. For that total relaxation, they also have various services like in-room massages and beauty treatments. If you’re craving for bit of adventure, you can also book their tours, and sailing trips. 
Price Range: $375-$534
Best Feature: The private balconies are a dream, also they are conveniently located and very near the main strip.
Check rates for your dates here.

Atrina Canava 1894

 

 
 
 
 
 
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Situated on a hill, the Atrina Canava 1894 hotel gives you amazing views of the Aegean Sea. The cozy suites and villas are nicely decorated and come with kitchens. Plus, each place has its own private terrace with comfy chairs and a view of the sea.
Price Range:  $349 – $637 
Best Feature: The unique architecture. Living in a chic cave house carved into the cliffside? Yes, please!
Check availability & rates here.

Ducato di Oia

 

 
 
 
 
 
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Ducato di Oia is where elegance is at every turn. The suites here are a blend of minimalist but truly luxurious design and sumptuous comfort, all set against the backdrop of the most dramatic views of Oia. Their Deluxe Suite has and indoor plunge pool that turns into and outdoor infinity pool for that amazing vista!
Price Range: $170 – $449
Best Feature: The infinity pools in some suites are out of this world. Imagine floating on the edge of the caldera!!
Check availability & rates for your dates here.

Santorini Palace

 

 
 
 
 
 
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This is where elegance meets convenience. Located in the heart of Fira, it offers easy access to all the hotspots while providing a peaceful retreat.
Price Range: As low as $25- $537
Best Feature: The pool area is a dream – think refreshing dips with stunning views.
Check availability and rates for your dates here.

Atlantis Hotel

 

 
 
 
 
 
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Atlantis Hotel is a blend of history and luxury. It’s right in Fira with a vintage charm that’s hard to beat.
Price Range: Mid-range, offering great value for the location and experience.
Best Feature: The terrace views are stunning – overlooking the caldera, it’s perfect for a sunset drink.
Check rates for your dates here.

Santorini Sky, Luxury Villas

 

 
 
 
 
 
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If you’re after breathtaking views, Santorini Sky takes it to the next level – quite literally, as it’s one of the highest resorts on the island.
Price Range: A bit of a splurge, but the panoramic views are worth it.
Best Feature: The Sky Dome suites – sleeping under the stars with all the comforts of a luxury resort.
Book: Check rates for your dates here.

On The Rocks Santorini

 

 
 
 
 
 
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It’s all about the unique volcanic architecture here. This boutique hotel offers a tranquil, intimate experience.
Price Range: Mid-range, perfect for those who want something unique but not overly pricey.
Best Feature: The cave pool – an otherworldly experience that’s so Santorini.
Book: Check rates for your dates here.

Volcano View Hotel Santorini

 

 
 
 
 
 
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As the name suggests, it has one of the best volcano views on the island. Plus, the traditional Cycladic architecture is just beautiful.
Price Range: Surprisingly affordable for the view and amenities it offers.
Best Feature: The three cascading pools – they’re like stepping into a postcard.
Book: Check rates for your dates here.

Santorini Mansion at Imerovigli

(Photo courtesy of Santorini Mansion Ierovigli)

This is luxury with a personal touch. The mansion, nestled in picturesque Imerovigli, offers breathtaking views and impeccable service.
Price Range: A bit of a splurge, but the exclusivity and personal service make it worth it.
Best Feature: The private terraces – perfect for a serene morning or a romantic evening.
Book: Check rates for your dates here.

Aqua Luxury Suites

 

 
 
 
 
 
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These suites are the epitome of elegance. Perched on the cliffs of Imerovigli, they offer some of the most stunning views of the caldera.
Price Range: A luxury choice, but with competitive pricing.
Best Feature: The private hot tubs overlooking the caldera – talk about bathing in luxury!
Book: Check rates for your dates here.

Rocabella Santorini

 

 
 
 
 
 
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Rocabella combines traditional Greek aesthetics with contemporary luxury. It’s in a quieter part of the island, perfect for a relaxing retreat.
Price Range: Mid to high range, but the tranquil setting and top-notch service make it a worthy choice.
Best Feature: The spa services are divine – perfect for a pampering session.
Book: Check rates for your dates here.

Summer Lovers Villa

 

 
 
 
 
 
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This villa is a blend of traditional Santorini charm and modern luxury. It’s secluded enough for a peaceful stay, yet close to the beaches.
Price Range: Moderate – a great pick for those who want a bit more space and privacy.
Book: Check rates for your dates here.

Cave Suite Oia

 

 
 
 
 
 
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For a truly authentic Santorini experience, the Cave Suite in Oia is perfect. It’s cozy, chic, and screams Greek island vibes. Staying here will guarantee you the closest view (so close you can literally touch it!!) to the famous blue dome.
Price Range: Mid to high range, but the experience is quintessentially Santorini.
Best Feature: The cave architecture – it’s like your own little hideaway.
Book here.

My Top Airbnb + VRBO Picks in Oia, Santorini

For a more cozy touch, you can also go with these equally stunning Oia vacation rental options.

Located in a traditional cave house, the Terracotta Cave House offers an authentic Santorini experience, with rustic charm with modern luxury. And the color stands out among all the white and blue paint that’s very common in Greek architecture. This one is definitely one unique villa!
Price Range: Starts from $300+ per night.
Best Feature: The unique experience of staying in a cave house is probably the most appealing aspect. Also, the warm interior is absolutely beautiful!
Book here.

Santo Blue Horizon is all about the views. The iconic blue domes of Santorini are just a glance away, and the Aegean Sea stretches out before you.
Price Range: Starts from $400+ per night.
Best Feature:
The blue domes against the backdrop of the sparkling sea make for a postcard-perfect setting.
Book here.

Twin Cave House – Oia

This property oozes traditional Greek charm but with all the modern comforts. It’s spacious, beautifully furnished, and the private terrace is a real showstopper.
Price Range: $500-800/night – ideal for families or a group of friends.
Best Feature: The terrace is a highlight – a perfect spot for evening gatherings or quiet mornings with a stunning view​​.
Book here.

Santorini Paradise Cave House

If you’re looking for an authentic cave house experience, this is it. Chic, comfortable, and with a view that will leave you speechless.
Price Range: Fits the budget range of of $500-800/night.
Best Feature: The Caldera view from this house is just mesmerizing.
Check rates for your dates here.

Elegant Santorini Villa | Villa Spyros | Villa Demi

This villa is the epitome of elegance. Every detail is thoughtfully curated to provide a luxurious, comfortable stay.
Price Range: Starts from $400+ per night.
Best Feature: The private hot tub with a view is everything. It’s your own little paradise
Check availability for your dates here.

BRIGA VILLAS Studio combines modern luxury with traditional Greek charm. This studio is perfect for couples looking for a romantic and private getaway.
Price Range: Starts at $136 per night.
Best Feature:
 Its sleek, contemporary design with traditional Cycladic touches stands out. The private outdoor space with a plunge pool is a haven for relaxation and intimate moments.
Book here.

For those who adore history and authenticity, Spiti Stelios is a dream. This beautifully restored traditional house offers a glimpse into the Santorinian way of life, with all the comforts of modern living.
Price range: Starts from $300+ per night.
Best Feature:
 The charm of its traditional architecture and interior design is unmatched. It’s like stepping back in time but with all the modern amenities.
Book here.

And there you have it – your guide to living the luxe life in Santorini without the sky-high prices. Whether you’re looking for breathtaking views, Insta-famous spots or just a cozy corner in paradise, Santorini has it all. Pack your bags (and don’t forget to check out this guide on what to do in Santorini or how to spend 3-days in Santorini if you’re traveling for the first time.

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Christina is a leading luxury lifestyle and travel blogger with over 2 million readers. Follow her on instagram @jetsetchristina.

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