If you follow us, you probably know that we love Budapest. And if not, it’s time to discover why we believe Hungary’s capital is one of the most beautiful cities in Central Europe.

Christmas Markets pop up in almost every European city from November to early January each year, and Budapest makes no exception. Although not yet quite as popular Vienna (Austria), in recent years, Budapest can seriously compete with more famous cities for the title of “host of gorgeous Christmas Markets”.

Aside from the markets themselves, you’ll also find various winter events, and one of Europe’s largest outdoor skating rinks. Plus, local food, mulled wine, trinkets and more.

>> Read more: Christmas Markets in Budapest

With so many Christmas Markets spread throughout the city, choosing your accommodation in Budapest can make or break the trip. So, to help you, in this article, we’ve rounded up a variety of places to stay – from affordable options to more luxurious ones, closer to the markets or further away. Make sure to read on and find the one that’d enable you to have the best time!

Already know what market(s) you’d be visiting? Click on the name below and jump right to accommodation options in that area:

• Vörösmarty Square Market
• Town Hall & Deák Square
• St. Stephen’s Basilica Market
• Óbuda Christmas Market at Main Square
• Újbuda Christmas Market
• VarázsLiget, Vajdahunyad Castle
• Corvin Hütte Christmas Market
• Gozsdu Courtyard Christmas Market & Erzsébet tér (Square)
• Christmas by the Matthias Church & Buda Castel

There are also other paid and free events during the holiday season, related to Christmas Markets.

• Budavári Advent
• Advent Family Day in Buda Castles Square (Ybl Miklós tér 4.): on December 6, 2026. Registration is required for the paid event, but both paid and free events are available. For the paid event ticket prices are 2900 HUF/person.
• Luna Park Margitsziget – Alice in Wonderland (price : 5 300 HUF/ person)
• Christmas Light Tram – Various tram lines across Budapest
• Mikulás Train on the Children’s Railway – Hűvösvölgy station, Gyermekvasút, 1021 – Santa Trains start to run at the beginning of December

Where to Stay: Vörösmarty Square Market

Each year, this is one of the first confirmed Christmas Markets. Taking place in the Vörösmarty Square , it’s one of the oldest and most well-known holiday fairs in Budapest. Opened between November 13 and December 31, when the New Years Eve’s concert will take place, it awaits visitors and traveler from 11 am to 9 pm Mondays to Thursdays & Sunday, and until 10 pm on Fridays & Saturdays.

Vörösmarty Square located in the V district just north of the famous Váci utca (street), where you’ll find the oldest Christmas Market in the city. The first time it opened in 1998.

It’s also close to the other famous market at the Deák Ferenc Square, which is just 5-minutes walk away. The easiest way is to take the underground to the Deák Ferenc Square stop where three lines intersect (M1, M2 and the M3). Or, to get directly to the Vörösmarty Square Market, you need to take M1.

Dorothea Hotel, Budapest, Autograph Collection

This market is located in an upscale area, so high-end hotels are plentiful and come with the price tag to match. This one has 5-stars and is just a few steps from Vörösmarty Square. Stores and cafes are nearby and you’ll be right smack in the city center of Budapest, near the Danube embankment.

This conveniently placed accommodation, offers king rooms with inner court yard views starting € 315 per two per night (2 adults) in the month of December with optional breakfast for € 40. Rooms are equipped with Wi-Fi, private bathrooms, minibars, soundproofing and other amenities like air conditioning.

The hotel offers access to facilities such as spa, fitness and wellness centers, indoor swimming pool, and stream room. Electric vehicle charges are also available.

Hotel Zenit Budapest Palace

Situated 3 minutes walking distance from Vörösmarty Square, in a location that is easily accessible by public transport via metro lines M1, M2 and, this accommodation offers air conditioned rooms, with Wi-Fi, minibar, satellite tv, private bathrooms with bathtubs, and an optional buffet breakfast for € 18. Public parking is available for an extra fee.

In December, you stay in a standard double room for prices starting at € 156 per night, including high-speed internet.

Ramada by Wyndham Budapest City Center

Just 5 minutes walking distance from the market, this hotel located in downtown Budapest offers rooms with private bathrooms, minibar, Wi-Fi, and air conditioning. There’s 24 h front desk and a restaurant. Close to Váci Street, Vörösmarty Square and Deák Ferenc Square, this property is easy to get to and it is situated in a very convenient location.

In December, except to pay from € 121 per night in a superior queen room (2 adults). Breakfast is offered for an additional € 15

Where to Stay: Town Hall & Deák Square

Just a few steps away from the Vörösmarty Square Marke (400 m along Deák Ference Street), this Christmas Market next to the Town Hall and park, is home to an ice rink each year. It also has booths with trinkets and crafts. On December 5th and 6th, children can meet St. Nicholas here.

Carat Boutique Hotel

Literally two buildings away from Deak Square, this boutique hotel offers air conditioned rooms with elegant furnishing and free Wi-Fi, coffee and tea makers. Breakfast is included and double room rates start at € 111 per night during the month of December.

Rumor Rooms

Elegant and sophisticated, right across Deák Square, but still within 4 minutes walking from St. Stephen’s Basilica Market, this accommodation offers air conditioned rooms, with private bathrooms, Wi-Fi, coffee machine, mini bar, and work desk. The hotel provides concierge service, and a paid shuttle, a minimarket, daily housekeeping, and luggage storage.

In December, the economy double rates start at € 141 per night. For just € 6 more per night, you’ll also have high speed internet.

Friend of Deák Ferenc

A spacious apartment located really close by to Deák Square, it’s ideal for couples, families and even a group of friends. If your party is maximum 5 (you and other 4 people) this can an ideal choice. This is a three bedroom and two bathroom apartment with free Wi-Fi, air-conditioning, fully equipped kitchen, TV, and washing machine.

Prices in December start at € 167 per night (2 adults). Availability is really scarce so book ahead.

Where to Stay: St. Stephen’s Basilica Market

Year after year, this is considered the most beautiful Christmas Market in Budapest and one of the loveliest in Europe. And yup, it’s packed anytime you go. It dresses the St. Stephen’s Basilica in a festive laser show, projection and festive atmosphere.

The booths offer local culinary delights, including langos, roasted chestnuts, and chimney cake. Pair them with mulled wine, and you’ll be in for a wonderful experience. The market is open from November 13th and closes on January 1st.

Situated in the middle of the city, surrounded by many small streets and alleyways, this charming area offers a lot of opportunities to spend your winter holiday immersed in a festive atmosphere.

MGZN Basilica Rooms

Located on the corner near the Basilica, this spot might be your best bet. Offering both traditional check in between 11 am and 3 pm, or digital via the app, it can a great accommodation choice if you arrive at odd hours.

All rooms are air-conditioned, featuring a flat-screen TV with cable channels, free Wi-Fi, and modern furniture. You can choose from a variety of room types to suit your style: cozy Standard Rooms, Superior Rooms with views of the Basilica or the city square, or the stunning Panorama Suite for something extra special. Complimentary toiletries are included, and hair dryers are available.

Just mind that during the holidays, this is a very busy place, and no amount of sound proofing will totally shut out all the noise. You’ve been warned!

In December, a standard double room costs from € 92 per night, with optional breakfast for € 15 per person. High speed internet is included.

Boutique Residence Budapest

Situated just 50 meters from St. Stephen’s Basilica, this is another place that allows you to be right in the heart of everything. The rooms are air-conditions and come with cable tv, kettles, shower in private bathrooms and free toiletries. Some rooms even have balconies overlooking the area.

A smart continental breakfast box is served for the guests and is included in the room price.

In December, the superior double room rates start from € 108 per night. Parking is only available at a public parking spot nearby with no reservation possible and costs € 1.60 per hour. Not an ideal option but considering the location, it is expected.

Just like the other place, be mindful of the noise and what soundproofing can or cannot do.

Radisson Collection Hotel, Basilica Budapest

With a sun terrace overlooking the Basilica, you can’t choose a closer accommodation to the market. Guests can enjoy a fitness center, sun terrace, restaurant, a bar, and free Wi-Fi. Rooms are equipped with air conditioning, private bathrooms, tea and coffee makers, hypoallergenic bedding, hairdryers and mini bars. The restaurant offers international cuisine, as well as vegetarian, vegan and gluten free options.

In December, a collection superior room costs from € 234 per night (2 adults). Breakfast is available for an additional € 30.

Where to Stay: Óbuda Christmas Market in the Main Square

Located in one of the oldest parts of the city on the Buda side, this market is more likely to attract the locals and those who want to discover Old Buda, and not just Buda Castle and the Fisherman Bastion.

Confirmed to be open between November 27th and December 23rd, you can take part in different events and enjoy the holiday vibes. From puppet shows to ice rinks, hot drinks, and scrumptious foods, you’ll most likely find something for you.

If you aren’t exactly a fan of crowds, this market is definitely for you, as it’s one of the less packed ones.
You can get here both via the Tram 1 or the M3 metro and then connect to H5 HÉV suburban train from Batthyány tér.

Verdi Budapest Aquincum

Situated near Arpad Bridge, facing Margaret Island (Margit-sziget), this amazing hotel is just a short distance away (about 450 m – or 6 minutes walking) from the market.

With air conditioned rooms, wired and wireless internet, private bathrooms, access to a spa and wellness center with indoor hot water pool, swimming pool, jacuzzi, and sauna, guests can relax and warm up after the outside adventures in the December cold weather.

A restaurant and a bar will fulfill your gastronomy needs.

In December, expect to pay from € 102 per night in a standard twin room. There’s an option to get breakfast for an additional € 16.

Private parking doesn’t need reservation but will cost 6200 HUF (about 17 euros) per day.

SWEET HOME Apartman

This accommodation offers 30 square meter apartments with mountain views and free parking, just a few minutes away from the Main Square. The one bedroom apartment is equipped with a kitchenette and balcony with free Wi-Fi.

In December, expect to pay from € 88 per night (2 adults).

Stock Room Apartman

Another apartment rental with air-conditioning, kitchenette and balcony, offering free Wi-Fi and streaming services for entertainment, as well as a dishwasher. Located only a few minutes away from the Christmas Market and less than 3 km away from Margaret Island, it’s ideal if you want some well-deserved silence and relaxation. It is in a residential area and parking is available without reservation but will cost € 0.80 per hour.

Check in is available from 15:00 to 20:00 while check out from 08:00 to 11:00. The two-bedroom apartment rental fee is € 168 per night (2 adults). Book well in advance as the availability is scarce.

Where to Stay: Újbuda Christmas Market

Between December 5th and 13th, 2026, this Christmas Market will be hosted in front of Allee shopping center, located in New Buda. Enjoy scrumptious foods, buy gifts and partake in various events, from Christmas carols and live music to other specific activities.

Radisson Hotel Budapest BudaPart

One of the closest hotels you can find to the shopping center is Radisson Hotel Budapest BudaPart. Located just a few minutes walk away, it offers spacious rooms with private bathrooms and modern amenities such as free Wi-Fi, flat-screen TVs, and work desks.

The restaurant serves Chinese cuisine for lunch and dinner while continental, American, buffet vegan and vegetarian breakfast are available. Also, the accommodation offers access to a fitness center, a bar, lounge and room service. Electric car charges are also available. Parking is on site and will cost € 18 per day.

In December, expect to pay from € 90 per night (2 adults) in a standard room. Breakfast is available for an additional € 17.

Ibis Styles Budapest City

Across the Danube from the Christmas Market, you’ll find Ibis Styles Budapest City. A bit further away, on the Pest side, this hotel is just a street away from the famous Nagycsarnok (Indoor farmers Market) and the more popular Christmas Market in Vörösmarty Square. Still well within strolling distance from most of the things you ca do in the capital, this hotel offers air-conditioned rooms featuring satellite TV and a private bathroom, and free Wi-Fi. Reception is 24 open with onsite parking costing € 20 per day.

In December, a Design Room with Two Single Beds or a Standard Double Room costs from € 81, with breakfast included.

M Apartments – Info Park

An affordable option, this apartment offers a one-bedroom apartment with a private entrance, a fully equipped kitchen, washing machine, and a comfortable bed. Free Wi-Fi is provided while a paid shuttle is also available.

In December, you can rent this apartment from € 63 per night (2 adults) but availability may change prices.

Where to Stay: VarázsLiget, Vajdahunyad Castle

Not confirmed yet, but most likely will take place in December, the VarázsLiget at Vajdahunyad Castle is famous for the largest ice rink in Budapest. Skating here with the backdrop of the castle is an iconic moment in itself.

Located behind the Heroes Square this is a must see market if you ever find yourself in Budapest during December. Typically, you’ll find booths selling trinkets, hot drinks, and traditional food.

ibis Styles Budapest Heroes Square

Yes, another ibis hotel. You’ll find quite a few in the city. ibis Styles Budapest Heroes Square offers rooms with air conditioning and TV, and some with views of the Budapest Zoo. It is really close both to Heroes square and Vajdahunyad Castle, and a few steps away from the Zoo.

Also, museums are nearby, and the famous Andrasi Street is just steps away. A breakfast buffet option is available for € 13 while the classic double rooms in December start from € 79 per night. Parking will cost € 20 per day, with no reservation needed.

Park&Art Boutique Suites

Less than 10 minutes away from Heroes Square and 15 minutes away (on foot) from VarázsLiget, this is a comfortable accommodation, offerings rooms and suites. All unites have private bathrooms, bathrobes, and free Wi-Fi. The bread and breakfast also has a shared lounge and a shared kitchen.

Parking fee is € 17 per day.

Rooms are available at a budget price till Christmas day, but anything after till New Years is really pricy. Till the Christmas week you can book a deluxe studio for prices starting at € 78 per night (2 adults). Starting the week of December 21st, the prices jump to € 517 per night. Not really sure what’s with the price jump but if you plan to go early December, this place is a good choice.

Benczur Hotel

A real budget option, this accommodation situated in the embassy quarter, offers a quiet stay and cozy rooms with satellite TV, private bathrooms, a minibar and free Wi-Fi.

Just 900 meters from the Budapest Zoo, the hotel has a lovely garden and a restaurant. Private parking is also available on site for € 17 per day.

During December, an economy double or twin costs from € 78 per night, with breakfast and high-speed internet included. Availability is pretty limited so make sure to book ahead.

Where to Stay: Corvin Hütte Christmas Market

This is definitely one of the lesser-known markets, although it’s popular among locals. Organized by a shopping center, it’s small and cozy.

If you want to stay relatively close to it, we can recommend Ibis Styles Budapest City (which we already wrote about) as it is nearby. The area is also full of rental apartments.

Leonardo Hotel Budapest

Not far from the Corvin Hütte & Corvin Plaza shopping center, this hotel offers rooms with air conditioning, safes and satellite LCD TV as well as work desks and mini-fridges. Free Wi-Fi is also available.

The hotel hosts a gym, bistro, a bar and a terrace opened during summer months. Parking costs € 17 per day in a private parking, on site.

In December, a double room costs from € 75 per night. The price doesn’t include breakfast which is optional for an extra € 14.

Hotel City Inn

Located 100 meters from the Christmas Market & 500 meters from the Corvin district metro station, this hotel offers 24 h reception, a bar, a furnished terrace and a free sauna. Free Wi-Fi is also available. Rooms come with a private bathroom, a flat-screen satellite TV, coffee and tea making facilities, a kettle, and a desk. Breakfast is included in the price. Also, there is a children’s playground on the premises. Parking fee is € 18 per day.

During December, a double or a twin room starts from € 98 per night.

Gozsdu Courtyard Christmas Market and Erzsébet tér (Square)

Both located in central Pest, between the National Opera and Kossuth Lajos u., the main boulevard that goes to Erzsébet Bridge, these two markets almost certainly will be opem this year as well. Not even 10 min walking distance between them, they are prime locations if you want to enjoy the local Christmas vibes, even more if you want to feel the young heart of the capital. Erzsébet Square is a hotspot for youngsters.

Gozsdu Courtyard Christmas Market is located in the Jewish quarter of Budapest with the main entrance being from Király Utca, while Erzsébet Square is the permanent location of the Budapest Eye Ferries Wheel.

Being close to Deak Square, the Carat Boutique Hotel we mentioned before is a great choice if you want to visit this area, too.

Moxy Budapest Downtown

Very centrally located close to Gozsdu Courtyard, Erzsébet Square, House of Terror, St. Stephen’s Basilica and the National Museum this is really a great option worth considering.

Every room is air-conditioned, has private bathrooms, hypoallergenic bedding, and free toiletries, tv, soundproofing and parquet floors. A fitness center, a bar, a coffee shop, an electric vehicle charging station, a luggage storage and free Wi-Fi are also available.

Considering the location, parking is a bit more expansive at € 25 per day.

In December, expect to pay from € 109 per night in a double room. A € 14 breakfast option is available.

Kempinski Hotel Corvinus Budapest

Offering a premium view with a premium price, Kempinski Hotel is all about the convenience of the location, being located right at Erzsébet Square. So it comes with views of the Budapest Eye Wheel.

The hotel features 307 rooms and 43 suites, with all the must have amenities a traveler would want. The hotel has a spa, indoor swimming pool and a fitness center, 2 restaurants and a bar. A breakfast is available for € 41.55, while the lowest rates for December start from € 253 per night in a deluxe room (2 adults), which includes limited spa access and high-speed internet.

Parking also has a premium price at a whopping € 39 per day.

Where to Stay: Christmas by the Matthias Church & Buda Castle

The Castle District is home to a host of small Christmas Markets but the most special ones are the ones at the Matthias Church, near the Fisherman’s Bastion, and the one from the Castle courtyard. There’s also one at Ybl Miklós, a small cozy one right where you take the stairs from the Castle Bazar.

The Castle District is home to many fancy hotels and accommodations such as The Hilton but there are also more affordable ones, although none really budget options.

PEST-BUDA Design Hotel

Situated in a historic building of the Castle District, just 200 meters from Matthias Church, originally opened in 1696, the hotel was renovated in 2016. Since then, it awaits guests with rooms fitted with flat-screen TV with satellite channels and a private bathroom. For your comfort, you will find free toiletries and a hairdryer. The on-site restaurant features homemade-style cuisine. Breakfast is included with the accommodation.

Sadly, it’s only accessible via stairs, so that limits who can actually stay here. Parking is € 25 per day.

In December, a budget double room with no windows starts from € 164 per night and includes late check in and high-speed internet.

Buda Castle Hotel Budapest

Located in the same area just meters away from the Church and Castle, this hotel offers air conditioned room with a flat-screen TV. The rooms also include a minibar, laptop-size safe, private bathrooms, a hairdryer, as well as coffee and tea. A bar is also available on site.

During December, a superior double room starts from € 162 per night and breakfast is included while parking is € 20 per day.

Buda Central Mini Studios

A more budget option, although not cheap is Buda Central Mini Studios. This apart hotel has air conditioned apartments, with private bathrooms with free toiletries, a refrigerator, and parquet floors. They also include a kitchenette with a stovetop.

During December, you can rent an apartment from € 84 per night (2 adults) and it includes late check in.

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Prices are valid at the time of publishing and may change without notice.