If you're traveling on a tight budget, there are a number of moderately priced motels situated along the main access roads running into and out of town (namely, routes 1 and 2), and also out by the airport. These places offer little joy beyond the savings to your pocketbook, but if cost is a prime consideration, they'll do -- and they're all a short drive from the central attractions. Properties with double rooms for less than C$100 per night include Royalty Maples Cottages (tel. 800/831-7829 or 902/368-1030) on Route 2 north of the city center, with six motel units from May through December, and the Winfield Motel (tel. 800/267-5525), where 16 of the 18 units don't crack the century mark. It's located right where routes 1 and 2 merge, north of the city near the university.
If you want a motel even closer to town -- one within easy walking distance of everything, in fact -- try the Best Western Charlottetown (tel. 800/528-1234 or 902/892-2461), in two buildings (one a brick mélange, one surprisingly attractive in a shingled-cottage way) across the street from each other at 238 Grafton St. (a couple blocks east of the Confederation Court Mall). Of course, you're paying more due to the very central location, pool, hot tub, and fitness center; rooms and suites range from around C$100 up to as much as C$235 per night in peak season; check all rate configurations carefully (AAA and CAA discounts are applied if you're a member). But parking is free, which saves you some dough.
Note: This information was accurate when it was published, but can change without notice. Please be sure to confirm all rates and details directly with the companies in question before planning your trip.