The 1997 Budapest Lotto Open was a women's tennis tournament played on outdoor clay courts in Budapest in Hungary that was part of Tier IV of the 1997 WTA Tour.

It was the second edition of the tournament and was held from 22 April through 27 April 1997.

Second-seeded Amanda Coetzer won the singles title.

Amanda Coetzer defeated Sabine Appelmans 6–1, 6–3 Amanda Coetzer / Alexandra Fusai defeated Eva Martincová / Elena Wagner 6–3, 6–1