It's more expensive than other coastal areas, but if you're keen on a Bodrum-area base, try to plan in advance: many hotels offer discounted rates for early bookings. Those that stay open in winter also drop their rates considerably compared with the sky-high prices in August and, to a lesser extent, July. Many hoteliers close their doors and disappear from October to May.
Villa rentals can be great value, particularly for longer stays on the peninsula, with fully furnished apartments available by the day, week and month. Rentals are available in villages including Gümüşlük, Turgutreis and Gündoğan. For villa rentals, check out such websites as www.bodrum-exclusiveholidayrentals.com, www.bodrumresidence.com.tr and www.bodrumvillarentals.com.