The cheerfully coloured interiors at Peter's Apartments should help keep your spirits buoyant while staying in Budapest, as will the central location, a quick walk from the Danube in the Parliament district. Prices too are quite reasonable for what you get, in part because they don't take credit card bookings, and breakfast is not included. But for the budget conscious, self-reliant traveller who likes some home comforts, this is very much a viable option.