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In the price vs. location equation, one rarely does as well as here. Set near the Piazza Navona, in an area with lots of trattorias and cafes, the Relais Palazzo Taverna was built into a 15th-century building next to a palazzo. The rooms are less impressive, though nice parquet floors were added to some in 2013. The digs are not bad, just in need of further renovation, featuring quirky wallpaper, mass volume hotel furniture and beds that range from comfy to lumpy (ask to switch rooms if you get a dud). You do get flat-screen TVs, and a basic but filling breakfast, though there’s no elevator. So some ups, some downs. Stay here if the price is right (if it’s high—and prices will vary by date—choose another hotel).