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Top Budget Hotels in Varenna

Hotel Royal Victoria - by R Collection Hotels

4.0 star property
9.2 out of 10, Wonderful, (301)
"Absolutely lovely small hotel directly on Lake Como in Varenna. We loved our small but very well equipped room and bathroom. Loved the “ rain shower”. Nice balcony with beautiful views. Excellent breakfast in a stunning setting. Excellent service, too. "
Hotel Royal Victoria - by R Collection Hotels

Hotel Montecodeno

3.0 star property
8.4 out of 10, Very good, (266)
"Lovely staff who went the extra mile for us. "
Hotel Montecodeno
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.
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Beautiful view of the beach with palm trees

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Members save 30%+ on selected hotels until 4 Dec (property time) with our Black Friday deals. Stay by 15 Dec 2025.

Frequently asked questions

What is Varenna like for travellers on a budget?
Discover discount places to stay in Varenna on Expedia.com and plan a trip that stays within your budget. Varenna is a destination that travellers visit for its fantastic dining options and lakeside setting. You can browse a variety of accommodation choices with Member Prices to find the best deal for you and earn rewards. With our site’s helpful page filters, you can search by price per night, or by amenities that customers often look for like free breakfast and a swimming pool. If you’re hoping for reasonable options around local sights, such as Royal Victoria or Villa Monastero, try out the location filters to narrow down your search. As you browse, use the heart button to save your favourites so that you can return to them easily and make your final decision. Interested in a flight or a rental car too? Choose from the Bundle and Save holiday packages and discover more amazing deals when you book your transport at the same time.
What's the best budget-friendly accommodation in Varenna?
Based on reviews, Hotel Montecodeno is a popular hotel for our travellers who want a more economical choice, and features free continental breakfast and free WiFi.
How many budget hotels are there in Varenna?
Expedia has 6 hotels in Varenna that are ideal if you are watching your pennies.
When is the best time for a budget trip to Varenna?
Weather will likely play an important role when you plan your trip to Varenna, but bear in mind that cheaper options are usually available when the weather isn’t as good. The hottest months are usually July and August, with an average temperature of 19°C, while the coldest months are January and February, with an average of 4°C. The rainiest months in Varenna are August, November, May and October, with each month seeing an average of 210 mm of rainfall.
What is there to see and do in Varenna?
Varenna attracts visitors with its fantastic dining options and lakeside setting, and offers plenty to see and do without spending a fortune. You can budget for the local attractions that interest you most, and then make time for activities that cost little or nothing at all. Explore and snap photos of landmarks like Villa Monastero and Castello di Vezio, or check out the area’s cultural spots like at Civic Museum of Ornithology and Natural Sciences.
How can I get to Varenna and get around on a budget?
Scoping out the transportation options in Varenna can help keep you on budget. The most convenient airport is Lugano (LUG-Agno), situated 18.1 mi (29.1 km) away. However, if that doesn’t suit your budget, you can arrange flights in and out of Bergamo Orio al Serio Airport (BGY), which is 31.1 mi (50.1 km) away. If you want to explore the larger area, hop aboard a train at Fiumelatte Station. You can travel on a ferry and cross the water to see more of the region.