Monaco has a small selection of hotels with many of them being in the uber-luxurious category. One or two budget options do exist, but you may need to nip over the border to France to find something which offers better value for money.
Eza Chateau Hotel, Eze
Exquisite and intimate, the rooms and suites of Château Eze cling to the side of the ancient rock walls of Eze, a thousand-year-old Medieval village more than 400 metres above the Mediterranean Sea.