A more budget-friendly alternative would be Zorbas Hotel Santorini, which is 3-star accommodation with room rates from 117C$. On a budget, you will find Zorzis Hotel within a short walking distance of Akrotiri Archaeological Site.
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Casa Francesca Musses Studios Apartments is a modest apartment, located a 5-minute walk from Strogili Restaurant. 3Arches By Thireon is a great B&B with views of the garden, located within a short walk of Archaeological Museum Fira. Scorpios Beach is close to Gabbiano Nero Sculpture and Art and rates highly for families. For a relaxing vacation, book a resort hotel near Anemi Artcrafts, such as Perivolas Hotel or Agave.