Accommodations in Budapest run the gamut from ultra-luxury to every type of budget lodging imaginable. Pensions and hostels are widely available for those not looking to spend a fortune on where they lay their heads at night. Travel reviewers recommend finding accommodations in Pest to be close to all the action.

One particular hotel of note in the area is the Hotel Palazzo Zichi, popular among travelers for its beauty, value, and location.

Renting a private apartment is another popular form of accomodation, which can be very cost-effective for small groups.

Budapest hotel rates have gone up in recent years, keeping in line with the city's increase in tourism. Fortunately, you will find many hotels accept foreign currencies in addition to the Hungarian forint.