The Mine Shaft Inn is the lowest cost lodging near Telluride. A perfect place to stay for the Telluride Bluegrass festival, the Telluride Film Festival, the Telluride, Jazz Festival, the Telluride Blues & Brews Festival, the Telluride Mushroom Festival, the Telluride Ride Festival and Ride the Rockies. Also close access to the Colorado Trail or Mesa Verde and Hovenweep archaeological sites. Only $23 for a bed in the historic bay window room dorm. Hotel rooms with private bath also available, as well as private rooms in the hostel.