The 2012 Budapest Grand Prix was a women's tennis tournament played on outdoor clay courts.

It was the 18th edition of the Budapest Grand Prix, an International-level tournament on the 2012 WTA Tour.

It took place at the Római Tennis Academy in Budapest, Hungary, from 30 April through 5 May 2012.

First-seeded Sara Errani won the singles title.

[1] Sara Errani defeated Elena Vesnina, 7–5, 6–4 Janette Husárová / Magdaléna Rybáriková defeated Eva Birnerová / Michaëlla Krajicek, 6–4, 6–2 The following players received wildcards into the singles main draw: The following players received entry from the qualifying draw: The following pair received wildcard into the doubles main draw: