The 2006 Budapest Grand Prix was a women's tennis tournament played on outdoor clay courts in Budapest, Hungary that was part of the Tier IV category of the 2006 WTA Tour. It was the 12th edition of the tournament and was held from 24 July until 30 July 2006. Eighth-seeded Anna Smashnova won the singles title and earned $22,900 first-prize money.
| 2006 Budapest Grand Prix | |
|---|---|
| Date | 24–30 July |
| Edition | 12th |
| Category | Tier IV |
| Draw | 32S / 16D |
| Prize money | $145,000 |
| Surface | Clay / Outdoor |
| Location | Budapest, Hungary |
| Champions | |
| Singles | |
 Anna Smashnova | |
| Doubles | |
 Janette Husárová /  Michaëlla Krajicek | |
Finals
editSingles
edit Anna Smashnova defeated 
Lourdes Domínguez Lino 6–1, 6–3
- It was Smashnova's only singles title of the year and the 12th and last of her career.
Doubles
edit Janette Husárová / Michaëlla Krajicek defeated Lucie Hradecká / 
Renata Voráčová 4–6, 6–4, 6–4