Having a wonderful holiday does not require spending an exorbitant amount of money on holiday rental property. In fact, it is possible to find inexpensive lodging accommodation that will be ideal for even a limited budget. Here are a few tips to help you enjoy your holiday even if funds are tight.Think HostelThe hostel can be an excellent source of inexpensive accommodation, especially if you are planning a backpacking holiday. Hostels are normally plain but comfortable spaces for sleeping, washing and resting until you are ready to pursue the next leg of your journey. Some hostels also include communal dining opportunities for just about everyone, even persons who choose to pursue a special type of diet. Hostels are often operated by non-profit organizations, including faith-based groups.Holiday Accommodation ExchangesHoliday exchange networks function with a very simple procedure. Members of the network can invite persons to use their homes for a holiday for a modest fee. At the same time, it is also possible to strike a bargain that is even less expensive. People may choose to exchange the use of their homes for a holiday. The advantages to this arrangement is that there is little or no expense associated with securing a place to live during the holiday, and the owners can provide plenty of information on local amusements, including out of the way places to dine.Holiday Rentals & Vacation HomesHoliday homes and holiday apartments rented by owners or real estate agents are often very cost effective because you don’t end up paying for all the extras such as daily servicing, room service and other facilities that you wont use. Holiday rental properties are great for budget travelers because you can self cater and save on eating out. Most holiday homes also have laundry facilities so you can wash your own clothes and bedding without paying extra.Consider Off The Beaten PathOften, selecting a holiday property that is a reasonable distance from the usual range of properties is available at a discount. For example, if you are interested in a holiday by the shore, look into lodging that is within a reasonable distance from the beaches, rather than beachside. The savings can be substantial, and will allow you extra funds for activities while on holiday.Go Off SeasonEven upscale locations will offer discounts during the off season. If it is possible to schedule your holiday for a time of the year when business is slow, there is an excellent chance of obtaining superior accommodation at a budget price. One way to find these bargains is to contact the rental property directly. While advertised specials may be acceptable, working one on one with the local agent may yield additional discounts.