To be clear, there are no exceptionally cheap hostels in Banff, but they do offer some value, comfort, and friendly service. That being said, room rates in the winter are nearly half what they fetch in the peak summer months. The Samesun Hostel is in a central part of town, which is convenient for those without a vehicle. It's a cozy little hostel with a small lounge and bar that hosts social events throughout the year.

Rooms at the hostel are ensuite and have fireplaces for a comfortable stay. The communal kitchen makes it easy to cook meals to save money. There's also an underground garage, laundry room, and barbecue facilities that make for a comfortable stay. Excellent service, a cozy setting, and a group atmosphere make Samesun a standout hostel in Banff.