When a person hears the word five-star hotel, it automatically registers as expensive. The elegant rooms and high-end suites in luxury hotels can easily burn a hole through the wallet with its more than $1000 per night price tag. However, what if there's another way to avail this opulence without breaking the bank? Sounds interesting, right? Then, read on!

Renting a room in a luxury hotel shouldn't be immediately crossed off the list. There are many high-end hotels across the world with published rates no more than $300 a night, but finding them needs a thorough research. But, what if laziness kicks in? Don't fret! This article can give some light under the tunnel when it comes to luxury hotels. Just take note that the prices posted here don't include taxes and are only entry level rooms.

Mandarin Oriental Hotel in Las Vegas is the first on the list. When planning on taking a trip to Sin City, this hotel would be the best place to stay at with its combination of affordability and luxury. Room rates start at $289 per night and include daily housekeeping, Frette bathrobes, and turndown service. Other amenities at the hotel include a top-ranked spa, gourmet restaurants, and an eighth-floor pool deck. The hotel has a five-star rating on Forbes Travel Guide and is located near the Sin City Strip.

Phuket, Thailand is known for its beautiful beaches, makes it a pretty expensive destination. Nonetheless, Indigo Pearl is one of Phuket's top luxury resorts that has plenty of accommodations and budget-friendly. Basic rooms cost for as low as $120 a night and come with its own outdoor terraces. Upgrading to a basic suite that comes with its own private plunge pool can cost an additional $100 per night and this includes breakfast.

The Le Méridien in Budapest is another hotel where travelers can relax in luxury for a budget-friendly price. Their basic rooms cost $162 a night and are pretty spacious with an amazing city view. The property is situated near museums, shopping centers, and the Danube River. The average price that a U.S. visitor will need to spend to stay at a luxury hotel in Budapest is $208, so having one that is as affordable as the Le Meridien is a real God-send.

Luxury accommodations in Brussels are pretty affordable coming in at an average of only $202 per night. The Hotel Metropole is one of the city's most affordable luxury hotels with rates starting at $124 a night for basic rooms. The hotel opened in 1894 and is one of the city's most celebrated grand hotels, according to a review by The Telegraph. It is situated close to the Grand Place and Place Ste.-Catherine and boasts of very spacious public areas and a lively cocktail bar where the Black Russian was said to be invented back in the 1950s.

Last on our list is the Riad Kniza, a family owned luxury boutique hotel that many visitors have voted as one of the world's top 25 luxury hotels. The hotel's basic rooms come in at an affordable $206 per night and many guests have praised the hotel for its friendly staff and luxurious accommodations. The rooms have a classic North African motif and guests can relax in its lovely courtyard, and enjoy exquisite food in its nine-table restaurant.