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
← 2005 · Hungarian Ladies Open · 2007 →

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.

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.

Janette Husárová / Michaëlla Krajicek defeated Lucie Hradecká / Renata Voráčová 4–6, 6–4, 6–4

• ITF tournament edition details
• WTA tournament draws