Ready to squeeze in a spring trip to Europe before crowds and high prices sweep the region this summer? Hungary might be just the ticket, with a favorable exchange rate for U.S. travelers and affordable ways to indulge in luxe pursuits, such as spa retreats and wine country getaways.

Vacation package provider Go-Today currently has six-night Budapest air-and-hotel packages for $929 (before taxes and fees) per person in April and May. Virgin Vacations has spring air-and-hotel packages with airfare from New York City and four nights accommodations in Budapest from $729 (before taxes and fees) per person.

This year in particular, Hungary has been cited as one of the most affordable destinations in Europe, which makes vacations that sound pricey—arts and culture escapes, wine country trips, and spa stays—within reach of many travelers on a budget. Budapest's Spring Festival runs from March 18 to April 3. Orchestral concerts, operas, musicals, and theater performances (many of them affordably priced) are staged around the city. And the 400 hot springs and nearly two dozen wine regions give travelers plenty of reasons to explore the rest of the country.