You can find a cheap bed in the town centre at a pretty Youth Hostel, where a bed is €11. Book here
My favourite pension is Olga’s Pension in the old town. For around €30 in the summer and as little as €15 in winter, you can get a nice double room from the plant-loving owner, Giorgos. The touristy restaurants in the old town should generally be avoided, since they provide poor food at inflated prices. If you go out of town slightly, you will find a campus of the University of Crete. In their canteen, you can eat as much as you like for €2, and the food is tasty. The University also has a big library with many English language books. In town there are a few buses, but nothing is too far away. Bus number 10 goes to the University. You have to buy tickets (90 cents) at kiosks or in the bus station first.
Sights in Rethymno
The Venetian Port: Many restaurants
and bars (mostly expensive rip-offs) are around the most
picturesque port of Crete.
Old Town: The protected Old Towm of Rethymno is the nicest on Crete. The Centre is the the Rimonti Fountain with its three lion heads.
Fortezza: The big 16th century fort looms large over the town of Rethymno, and is visible from almost everywhere in the town.
Moni Arkadi: A monastery about 20km
from Rethymno. This fort-like monestary is the most famous
on Crete. It was a centre of resistance against the Turks
and nowadays many Cretans view it as a symbol of their
hard-won independence. There are three buses daily to Moni
Arkadi from Rethymno in the summer.