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Our top choices for Spencer hotels

1. IU Biddle Hotel

IU Biddle Hotel
3.0 star property
Bloomington
9.4 out of 10, Exceptional, (1,790 reviews)
"It's great location and staff are friendly. The room is clean and quiet."
United States
Tracey
2 days ago
$155 nightly
The price is $174
Nov 12 - Nov 13
Total with taxes and fees
IU Biddle Hotel

2. Showers Inn

Showers Inn
4.0 star property
Old Northeast Downtown
9.8 out of 10, Exceptional, (601 reviews)
"What a gem in Bloomington. Will definitely stay again!"
United States
Jon
4 days ago
$130 nightly
The price is $146
Nov 23 - Nov 24
Total with taxes and fees
Showers Inn

3. La Quinta Inn & Suites by Wyndham Bloomington

La Quinta Inn & Suites by Wyndham Bloomington
3.0 star property
Bloomington
9.2 out of 10, Wonderful, (1,392 reviews)
"It was quiet which is nice."
United States
Esther
1 day ago
$87 nightly
The price is $97
Nov 23 - Nov 24
Total with taxes and fees
La Quinta Inn & Suites by Wyndham Bloomington

4. Cascades Inn

Cascades Inn
2.0 star property
Bloomington
8.6 out of 10, Excellent, (1,045 reviews)
"Beds were clean. Courtyard is nice in warmer weather. Was what we needed a room."
United States
HEATHER
1 day ago
$70 nightly
The price is $78
Nov 12 - Nov 13
Total with taxes and fees
Cascades Inn

5. Grant Street Inn

Grant Street Inn
3.5 star property
Old Northeast Downtown
9.6 out of 10, Exceptional, (1,031 reviews)
"We love the Grant St Inn. It's really a very sweet little Inn."
United States
Nicole
2 days ago
$139 nightly
The price is $156
Nov 22 - Nov 23
Total with taxes and fees
Grant Street Inn

6. Days Inn by Wyndham Cloverdale Greencastle

Days Inn by Wyndham Cloverdale Greencastle
2.0 star property
Cloverdale
8.8 out of 10, Excellent, (750 reviews)
"Room was just ok. Bed was comfortable."
United States
Joel
1 day ago
$74 nightly
The price is $83
Nov 15 - Nov 16
Total with taxes and fees
Days Inn by Wyndham Cloverdale Greencastle

7. Graduate by Hilton Bloomington

Graduate by Hilton Bloomington
4.0 star property
Bloomington
9.6 out of 10, Exceptional, (1,003 reviews)
"Great location and decor was fun for a college visit."
United States
Donald
1 day ago
$149 nightly
The price is $167
Nov 23 - Nov 24
Total with taxes and fees
Graduate by Hilton Bloomington

8. Hilton Garden Inn Bloomington

Hilton Garden Inn Bloomington
3.0 star property
Downtown Bloomington
8.6 out of 10, Excellent, (1,000 reviews)
"A perfectly fine place to stay."
United States
Brian
2 days ago
$101 nightly
The price is $113
Nov 22 - Nov 23
Total with taxes and fees
Hilton Garden Inn Bloomington

9. Hyatt Place Bloomington

Hyatt Place Bloomington
3.0 star property
Downtown Bloomington
8.6 out of 10, Excellent, (1,014 reviews)
"Good choices for breakfast. Nice location to easy walk to the IU campus."
United States
Sonia
14 days ago
$110 nightly
The price is $123
Nov 18 - Nov 19
Total with taxes and fees
Hyatt Place Bloomington

10. Fourwinds Lakeside Inn & Marina

Fourwinds Lakeside Inn & Marina
3.0 star property
Bloomington
8.0 out of 10, Very good, (957 reviews)
"Very nice rooms. Beautiful breakfast area. Amazing find close to Bloomington."
United States
Robert
1 day ago
$62 nightly
The price is $69
Dec 11 - Dec 12
Total with taxes and fees
Fourwinds Lakeside Inn & Marina

11. MainStay Suites Bloomington near University

MainStay Suites Bloomington near University
3.0 star property
Bloomington
7.6 out of 10, Good, (547 reviews)
"Many restaurants within walking distance. Quiet at night."
United States
Dean
7 days ago
$59 nightly
The price is $66
Nov 29 - Nov 30
Total with taxes and fees
MainStay Suites Bloomington near University

12. Hampton Inn Bloomington

Hampton Inn Bloomington
2.5 star property
Bloomington
8.4 out of 10, Very good, (1,005 reviews)
"Room was clean. The hotel in general is well maintained."
United States
Luis
September 12th, 2026
$84 nightly
The price is $94
Dec 10 - Dec 11
Total with taxes and fees
Hampton Inn Bloomington

13. Red Roof Inn Greencastle South – Cloverdale

Red Roof Inn Greencastle South – Cloverdale
2.0 star property
Cloverdale
8.2 out of 10, Very good, (1,000 reviews)
"The staff here are very helpful. The front desk is very accommodating."
United States
Rebecca
15 days ago
$60 nightly
The price is $68
Nov 22 - Nov 23
Total with taxes and fees
Red Roof Inn Greencastle South – Cloverdale

14. Best Western Plus Covered Bridge Inn

Best Western Plus Covered Bridge Inn
2.5 star property
Brazil
8.6 out of 10, Excellent, (1,004 reviews)
"Convenient location, clean room, good breakfast."
United States
Cathy
12 days ago
$85 nightly
The price is $91
Nov 26 - Nov 27
Total with taxes and fees
Best Western Plus Covered Bridge Inn

15. SpringHill Suites by Marriott Bloomington

SpringHill Suites by Marriott Bloomington
2.5 star property
Downtown Bloomington
9.6 out of 10, Exceptional, (1,003 reviews)
"Great location to IU. Room was great. Would stay again."
United States
Zoltan
4 days ago
$134 nightly
The price is $150
Nov 15 - Nov 16
Total with taxes and fees
SpringHill Suites by Marriott Bloomington

16. Courtyard by Marriott Bloomington

Courtyard by Marriott Bloomington
3.0 star property
Downtown Bloomington
8.6 out of 10, Excellent, (1,000 reviews)
"The neighborhood was transitional with unhoused individuals hanging around the property."
United States
Barbara
18 days ago
$98 nightly
The price is $110
Nov 22 - Nov 23
Total with taxes and fees
Courtyard by Marriott Bloomington

17. Holiday Inn Express Cloverdale - (Greencastle) by IHG

Holiday Inn Express Cloverdale - (Greencastle) by IHG
2.5 star property
Cloverdale
8.2 out of 10, Very good, (786 reviews)
"Comfortable clean room. Great breakfast and helpful staff."
United States
Yvonne
September 19th, 2026
$97 nightly
The price is $109
Nov 22 - Nov 23
Total with taxes and fees
Holiday Inn Express Cloverdale - (Greencastle) by IHG

18. Inn at DePauw

Inn at DePauw
3.5 star property
Greencastle
9.4 out of 10, Exceptional, (351 reviews)
"Lovely inn food at the bar was great, staff was really helpful."
United States
scott
20 days ago
$138 nightly
The price is $155
Nov 16 - Nov 17
Total with taxes and fees
Inn at DePauw

19. Home2 Suites by Hilton Bloomington

Home2 Suites by Hilton Bloomington
3.0 star property
Bloomington
9.4 out of 10, Exceptional, (765 reviews)
"Enjoyed our stay and will definitely stay here again!"
United States
Dustin
8 days ago
$118 nightly
The price is $132
Nov 22 - Nov 23
Total with taxes and fees
Home2 Suites by Hilton Bloomington

20. Homewood Suites by Hilton Bloomington

Homewood Suites by Hilton Bloomington
3.0 star property
Bloomington
9.2 out of 10, Wonderful, (1,000 reviews)
"Very nice staff and clean property."
United States
Kristi
7 days ago
$118 nightly
The price is $132
Nov 22 - Nov 23
Total with taxes and fees
Homewood Suites by Hilton Bloomington
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.

Where to stay in and around Spencer

Spencer, Indiana, offers a delightful blend of outdoor adventures and scenic beauty, perfect for family-friendly getaways or romantic retreats. Just a short drive away, downtown Bloomington awaits with its vibrant arts scene and charming atmosphere, enhancing your travel experience. Enjoy relaxation and culture in this picturesque region.

Bloomington

Discover Bloomington, a welcoming destination perfectly suited for travelers looking for a blend of business, family fun, and outdoor adventures. With attractions like the historic Indiana University Bloomington, the engaging WonderLab Science Museum, and the vibrant Simon Skjodt Assembly Hall, visitors can enjoy a rich mix of education and entertainment. Located about 15 miles by car from Spencer, Bloomington offers a smart choice for your hotel stay, ensuring easy access to a diverse range of activities and experiences.

Cataract

Plan your stay in Cataract, a top-rated choice for families and nature lovers looking for a blend of outdoor adventure and scenic beauty. Nestled in Spencer, Cataract offers access to stunning attractions like the breathtaking Cataract Falls, the charming C Bar C Expo Center for events, and the serene Duck Island for relaxation. With a steady flow of visitors year-round, Cataract provides a delightful retreat. Booking your stay here ensures easy access to nature and a memorable getaway.

Stinesville

If you are a family-oriented traveler, look no further than Stinesville, which features a beautiful blend of nature and recreation. Enjoy outdoor adventures at McCormick's Creek State Park and Powell Preserve, perfect for those seeking scenic landscapes. You can also explore local history at the historic civic government building and Simon Skjodt Assembly Hall. Just about 6 miles from Spencer, Stinesville offers a charming, budget-friendly stay that enhances your vacation experience.

Gosport

Ideally situated for family and nature enthusiasts, Gosport offers a perfect base for those eager to explore outdoor adventures and local history. Visitors can enjoy the scenic beauty of McCormick's Creek State Park, delve into the past at the Ten O' Clock Line Treaty Museum, or unwind at Powell Preserve's nature reserve. With Spencer just about 7 miles away, Gosport provides an accessible retreat that balances budget-friendly amenities with enriching experiences, making it an intelligent choice for your stay.

Ellettsville

Travelers seeking a charming escape will find Ellettsville an ideal base for their vacation, especially families and nature enthusiasts. This delightful city offers access to attractions like the historic Indiana University Bloomington and the engaging WonderLab Science Museum, along with beautiful natural sites such as the nearby national state park. With its inviting atmosphere, Ellettsville is about 8 miles from Spencer, making it a smart choice for a memorable getaway.

Stay near popular Spencer attractions

Spencer, Indiana, is a hidden gem for outdoor enthusiasts and families alike. With stunning parks, nature reserves, and picturesque waterfalls, the area offers a perfect blend of adventure and scenic beauty. Explore the best of Spencer attractions and create unforgettable memories in this charming destination.

Learn more about Spencer

Explore the historic Owen County Courthouse and charming town square where local shops and eateries showcase small-town Midwest hospitality. Outdoor enthusiasts can enjoy McCormick's Creek State Park nearby, with hiking trails, limestone canyons, and a scenic waterfall perfect for family adventures.

A waterfall cascading over rocks in a forested area.

Top Spencer Hotel Reviews

Find out more about Spencer

Top reasons to visit Spencer

  • Outdoor Adventures: Spencer is perfect for outdoor enthusiasts, offering activities like hiking and exploring scenic parks.
  • Charming Atmosphere: The city boasts a delightful blend of culture and romance, making it an ideal getaway.
  • Beautiful Waterfalls: Visitors can enjoy breathtaking views of local waterfalls, adding to the area's natural beauty.
  • Diverse Accommodations: Spencer provides a variety of lodging options, from cozy lodges to modern hotels tailored for all travelers.
  • Family-Friendly Attractions: The city features numerous attractions suitable for families, ensuring fun for all ages.

Find great hotels near Spencer

Discover a variety of hotel accommodations in Spencer, Indiana, designed to meet the needs of every traveler. Whether you're seeking a cozy lodge or a modern hotel, you’ll find options that cater to business travelers, pet owners, and those looking for an LGBTQIA-friendly environment. Explore the best hotels in Spencer for a comfortable and welcoming stay, perfect for both leisure and business visits.

  • La Quinta Inn & Suites by Wyndham Bloomington: La Quinta Inn & Suites by Wyndham Bloomington is a budget-friendly hotel with an impressive guest rating of 9.2, making it a top choice for travelers. Located 13 miles from Spencer, this property is ideal for those on business trips or seeking a pet-friendly getaway. With amenities that cater to furry friends, including a waived fee for service animals and specific pet policies, guests can enjoy a comfortable stay without leaving their pets behind. The hotel also offers modern accommodations and a welcoming atmosphere, perfect for relaxation after a busy day.
  • Super 8 by Wyndham Bloomington University Area: Super 8 by Wyndham Bloomington University Area is a budget-friendly lodging option, located 13 miles from Spencer. This hotel is particularly suitable for families and business travelers, providing essential amenities to ensure a pleasant stay. Families will appreciate the complimentary cribs and the availability of a first aid kit, ensuring safety and convenience for guests of all ages. With a friendly atmosphere and practical services, this hotel makes it easy for visitors to explore the local area while enjoying a comfortable stay.
  • Cascades Inn: Cascades Inn is a budget-friendly motel with a guest rating of 8.6, situated 14 miles from Spencer. This property is perfect for adventure seekers, offering a variety of thrilling outdoor activities nearby, including horse riding, water sports, and rock climbing. Guests can make the most of their stay by enjoying the exciting recreational options available in the area. With its welcoming vibe and focus on adventure, Cascades Inn is an excellent choice for those looking to explore the great outdoors while enjoying comfortable accommodations.

Where to stay in and around Spencer

Spencer, Indiana, is a charming city perfect for outdoor adventures and scenic getaways. Just minutes from downtown, you can explore picturesque parks and family-friendly attractions that offer a blend of culture and romance. Whether hiking through lush landscapes or enjoying the vibrant local scene, Spencer provides a delightful escape for travelers seeking both relaxation and adventure.

  • Bloomington: Located 15 miles away from Spencer, Bloomington is a vibrant city well-known for its outdoor activities and picturesque scenery. The city attracts visitors year-round, with peak travel from August to October. This charming destination offers a romantic atmosphere, making it perfect for couples. Popular attractions include recreational areas, educational institutions, and an arena entertainment facility. Don't miss the local landmarks such as the stunning lake, historic college university, and national state park, which provide ample opportunities for exploration and relaxation.
  • Cataract: Nestled within the Spencer area, Cataract is a quaint village that invites visitors to enjoy its serene landscapes. With a steady influx of travelers throughout the year, peak times are during July to August and October. This village is perfect for outdoor enthusiasts and those seeking a romantic getaway. Explore the local recreational areas, arts center, and campground, all while relishing the natural beauty around you. Highlights include a serene lake, a nearby park, and a breathtaking waterfall, offering picturesque spots for picnics and photography.
  • Stinesville: Situated just 6 miles from Spencer, Stinesville is a charming city that experiences seasonal travel patterns, with peak visitor numbers in January, July, and September to November. Known for its romantic ambiance and stunning scenery, it’s an ideal spot for outdoor lovers. Visitors can enjoy recreational activities, educational experiences, and golfing. Key attractions include a beautiful lake, a historic college university, and a lovely park, providing plenty of opportunities for relaxation and adventure.

Things to do in Spencer

Spencer, Indiana, is an ideal destination for outdoor and adventure enthusiasts, offering a variety of activities amidst beautiful scenery. Visitors can explore the local recreational areas, engage in educational experiences, or enjoy a round of golf. With its charming atmosphere and numerous outdoor options, Spencer provides a perfect backdrop for a memorable vacation filled with exploration and relaxation.

Shopping

In Spencer, you'll find charming local shops like The Flower Shop and The Village Antique Mall, perfect for unique gifts. If you're up for a drive, head to the nearby Bloomington Shopping Mall for a wider selection of stores and boutiques.

Recreation

In Spencer, the Sweetwater Health & Wellness Center provides holistic therapies, yoga classes, and massage treatments in a serene environment. Enjoy rejuvenating spa services at the nearby Stonehouse Spa, where you can relax with soothing treatments and wellness workshops tailored to enhance your well-being.

Adventure

Explore the beautiful Morgan-Monroe State Forest for hiking and mountain biking, featuring scenic trails and diverse wildlife. For water adventures, visit Lake Monroe for kayaking and fishing, where you can enjoy serene views and a peaceful atmosphere.

Nightlife

Spencer, Indiana, offers a cozy nightlife with local favorites like the historic Tandoor Indian Restaurant for delicious cuisine and Spirits Bar & Grill for drinks and live music. Enjoy a laid-back evening at the Spencer Town Hall for community events or unwind at a nearby café.

*Distances are measured in a straight line; actual driving distances may vary depending on the route.

Booking tips and Expedia advantages for Spencer

  • The most and least expensive months on average to stay in a hotel: The cheapest months to stay in Spencer are July and December to January, where the prices are slightly lower. This is in comparison to May and September to October, where prices are slightly higher.
  • The most and least expensive days on average to stay in a hotel: The least expensive day to stay in Spencer is Wednesday. The most expensive day to stay in Spencer is Saturday.
  • Find cheap hotels on Expedia: Expedia’s search tool makes it easy for you to choose your budget, desired location, and additional preferences. You can arrange your search results to display prices from lowest to highest, allowing you to find the most affordable hotel options right away. Additionally, you can refine your choices by hotel category; for instance, selecting the Eco-certified filter will showcase sustainable and environmentally friendly hotels that you can book.
  • Consider bundling your trip: You can save money by booking a package through Expedia that combines your hotel stay in Spencer with your flights and activities.

Find the best attractions in and around Spencer

Spencer, Indiana, offers a perfect getaway for outdoor enthusiasts and families alike. Visitors can explore the scenic urban parks and nature reserves, or enjoy the breathtaking views of local waterfalls. Whether you're seeking adventure or a relaxing city experience, Spencer's diverse attractions will cater to your needs, making it an ideal destination for a memorable vacation.

  • Cataract Falls: Experience the stunning beauty of Cataract Falls, a picturesque waterfall nestled in Spencer. With its breathtaking views and serene ambiance, it's perfect for outdoor adventures and romantic strolls, inviting you to connect with nature.
  • McCormick's Creek State Park: Just 2 miles from Spencer, this national park offers scenic landscapes and thrilling adventures. Explore hiking trails, enjoy wildlife sightings, or take a leisurely picnic amidst the park's natural beauty, making it an ideal outdoor destination.
  • Cascades Park: Located 14 miles away, this urban park is perfect for families looking to unwind in a city environment. With playgrounds, walking paths, and picnic areas, it’s a great spot for relaxation and outdoor fun with loved ones.

Best time to go to Spencer

The best time to visit Spencer can depend on the weather and when visitor numbers rise and fall. The hottest average temperature in Spencer falls in July, when visitor numbers are average and weather is mostly sunny with light rain. The coolest average temperature in Spencer falls in January, visitor numbers are moderately low and weather is mostly cloudy with light rain.

Calendar MonthTemperaturePrecipitationCloudinessOccupancyPricing
January29.8°F (-1.2°C)Light RainMostly CloudyModerately LowSlightly Low
February33.1°F (0.6°C)Light RainMostly CloudyAverageAverage
March43.7°F (6.5°C)Light RainMostly SunnyModerately HighAverage
April53.4°F (11.9°C)Light RainMostly SunnyModerately HighAverage
May63.9°F (17.7°C)Light RainMostly SunnyAverageSlightly High
June72.3°F (22.4°C)Light RainMostly SunnyAverageAverage
July75.2°F (24.0°C)Light RainMostly SunnyAverageSlightly Low
August73.8°F (23.2°C)Light RainMostly SunnyAverageAverage
September68.0°F (20.0°C)Light RainMostly SunnyModerately HighSlightly High
October56.3°F (13.5°C)Light RainMostly SunnyAverageSlightly High
November43.7°F (6.5°C)Light RainMostly SunnyModerately LowAverage
December35.8°F (2.1°C)Light RainMostly CloudyModerately LowSlightly Low

The nearest major airports for your trip to Spencer

When visiting Spencer, INDiana, you have a few major airports to choose from. Indianapolis International Airport (IND) is 39 miles away, with nearby hotels like the 5-star Conrad Indianapolis and 4-star Omni Severin Hotel, both about 8 miles from the airport. Louisville International Airport (SDF) is 94 miles away, offering options such as the 4.5-star Omni Louisville Hotel and 21c Museum Hotel, each 5 miles from the airport. Lastly, Evansville Regional Airport (EVV) is 95 miles from Spencer, with accommodations like the 4-star DoubleTree by Hilton Evansville, located 6 miles from the airport. All these airports provide accessible transport to their respective hotels.

Frequently Asked Questions

What is the best area to stay in Spencer?

The best area to stay in Spencer is typically within the town center or just outside it, offering convenient access to local amenities and attractions.

For most visitors, especially couples or those seeking a relaxed retreat, staying near the downtown area provides easy access to Spencer's main street, featuring local shops, eateries, and the historic Tivoli Theatre. This central location allows for pleasant strolls and a chance to experience the town's local character.

Travelers looking for a more secluded experience, perhaps seeking proximity to nature, might consider accommodations slightly outside the immediate town center. This allows for easier access to McCormick's Creek State Park, Indiana's first state park, known for its hiking trails, waterfalls, and scenic beauty.

What are the best family hotels in Spencer?

For family-friendly hotels in Spencer, Indiana, consider Cataract Falls Lodge and Wedding Veranda, Bridge-view Family Suite, Parkside at Cataract Falls Lodge, and Parkview Suite at Cataract Falls Lodge.

Cataract Falls Lodge and Wedding Veranda has an exceptional 10.0 rating and offers a range of family-focused amenities including an outdoor play area for children, games, and a playground. This lodge also provides a sofa bed and a kitchen, making it convenient for families. It is located just 0.5 miles from Cataract Falls.

The Bridge-view Family Suite, also with an outstanding 10.0 rating, features a playground, a sofa bed, and an outdoor play area for children. Guests can also enjoy mountain biking in a nearby location. It is conveniently situated only 0.4 miles from Cataract Falls.

Parkside at Cataract Falls Lodge, with a superb 10.0 rating, provides a playground, an outdoor play area for children, a sofa bed, and a kitchen. The property also includes a deck or patio, superb for relaxing outdoors. It is located 0.4 miles from Cataract Falls.

Another excellent option is Parkview Suite at Cataract Falls Lodge, which boasts a 10.0 rating. This suite offers a playground, an outdoor play area for children, a kitchen, a deck or patio, and free WiFi. It is just 0.5 miles from Cataract Falls.

What are the most romantic hotels in Spencer for couples?

For a romantic getaway in Spencer, consider the Parkside at Cataract Falls Lodge, the Cataract Falls Lodge and Wedding Veranda, or the Bridge-view Family Suite.

The Parkside at Cataract Falls Lodge has a superb 10.0 rating and offers a kitchen, a deck or patio for relaxing, and complimentary WiFi. It is conveniently located just 0.4 miles from Cataract Falls.

Another excellent choice is the Cataract Falls Lodge and Wedding Veranda, also with a superb 10.0 rating. This lodge provides a kitchen, a patio, and a porch or lanai, along with a balcony or deck, superb for enjoying the surroundings. It is situated 0.5 miles from Cataract Falls.

The Bridge-view Family Suite, with a 10.0 rating, also offers a romantic setting. Guests can enjoy a porch or lanai and a patio or deck, and it is just 0.4 miles from Cataract Falls. See all romantic hotels in Spencer

When is the best time to go to Spencer?

The best time to go to Spencer, Indiana, is during the spring (late April to early June) and fall (September to October) for pleasant weather and outdoor activities.

Spring in Spencer brings mild temperatures and blooming flora, making it ideal for exploring McCormick's Creek State Park. Visitors can enjoy hiking trails, waterfalls, and the natural bridge without the summer heat or crowds. This period is particularly good for solo travelers and couples who appreciate nature and outdoor recreation.

Fall offers comfortable temperatures, vibrant autumn foliage, and a variety of local harvest festivals. The cooler weather is superb for leisurely strolls through town or enjoying the scenic beauty of the surrounding Monroe Lake area.

Can I cancel my hotel reservation on Expedia?

You can cancel your hotel reservation on Expedia, though it depends on the cancellation policy of your booking. Most bookings are refundable if canceled within 24-48 hours of the scheduled arrival. Be sure to check your booking confirmation for the exact cancellation policy. If free cancellation is available, you can cancel directly through your Expedia account by logging in, going to "My Trips", and selecting your reservation. To find flexible deals, filter your search by "Fully refundable property" for hotels in Spencer.

How much is the nightly rate at a Spencer hotel?

Prices for hotels in Spencer often vary, but you can find a great deal from $61 on Expedia. All sorts of factors affect price, such as the time of year or the days of the week you choose for your stay. Find the best deals by being flexible with your dates, and sort search results by "Price: low to high" for the cheapest rate.

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