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Difficult question to answer because not sure of the dates of stay, your preferred location, etc.  However, in order to give an idea of hotel costs, I used August 17-August 20th (Fri - Mon) on www.ocisfree.com. 

Basic hotels ranged in the $150-$250/night and hotels with greater amenities (indoor pool, fitness, restaurant, etc.) were $260-$360/night.  These rates were based on peak summer weekend rates.  If you choose mid-week the rates would be less.

In addition by reserving through www.ocisfree.com, you may be eligible for FREE certificates for restaurants, activities, and attractions.  So as an example of the dates above, you would be eligible for 6 FREE certificates!

Hope this provides some basic information and as a reminder, the rates above are based on the 8/17 to 8/20 date range. 

Thank you,
Anna G.

Here are a few I'd suggest:

Dunes Manor is a couple of blocks north of the boardwalk at 28th street, all rooms are ocean front with balconies. They definitely have adjoining rooms. This is one of my favorite properties in OC, and the place I always recommend. My family stays there often. Their rooms have small kitchen areas, but are more like traditional hotel rooms than suites. They have adjoining rooms. They have an indoor/outdoor pool that is open year round.  http://www.dunesmanor.com/

Courtyard by Marriott at 15th Street is ocean front on the boardwalk. New property built about 3 years ago with lots of amenities including ocean front and ocean view rooms with small balconies and an indoor pool. I am not sure if they have adjoining rooms or not. http://www.marriott.com/hotels/travel/sbyoc-courtyard-ocean-city-oceanfront/.

Holiday Inn Suites at 17th Street is right on the boardwalk. Many rooms are ocean front with balconies. The hotel has lots of amenities including indoor and outdoor pools. I am fairly certain they have adjoining rooms, but they do not have 2 bedroom units. http://www.ocsuites.com/

Dunes Motel is at 27th Street, right at the north end of the boardwalk right at the tram station. It is an ocean front hotel with many ocean front rooms with balconies. It is a great, affordable ocean front motel. It also has rooms with balconies that face the bay. They have an outdoor pool. I am not sure if they have adjoining rooms or not. http://www.ocdunes.com/

Have fun in OC!

The Convention Center is at 40th Street. Three great hotels in walking distance to to the Convention Center are:

Quality Inn and Suites at 33rd street has nice ocean front rooms with balconies and indoor and outdoor pools. http://www.qualityinn.com/hotel-ocean_city-maryland-MD063

The Castle in the Sand at 37th street is a great midtown location. The hotel is ocean front, but they have several building and all types of rooms. They have lots of amenities including an outdoor pool. http://www.castleinthesand.com/home.php

Atlantic Budget Oceanfront at 45th street was just renovated and is a nice ocean front property. They have an outdoor pool. The insiders toured this hotel last month, and it is very nice. They reopen in early May. http://www.ocatlantic.com/

The Maridel Motel is at 41st street and is the absolute closest to the Convention Center. It is right next door. It is a bay block motel with an outdoor pool, but I don't know too much about it, so I can't tell you how nice it is or isn't. http://www.maridelmotel.com/

Have a great time in OC!

The Dunes Manor Hotel on 28th Street is just one block from the boardwalk. The hotel is designed to take you back to the victorian era but it offers modern amenities and all rooms are oceanfront.

The following places will usually allow single or two night stays:

The Castle in the Sand at 37th Street (800.552.7263)

The Majestic on the boardwalk at 6th Street (410.289.6262)

The Admiral one block off the boardwalk at 10th Street (800.292.6280)

Fenwick Inn bayside of ocean highway at 138th street (800.492.1873)

Comfort Suites in West OC on Route 50 (410.213.7171)

That is cruise weekend, so the town will be busy that weekend. If none of the places I've listed have rooms, hotels that have a 3 night minimums, will relax that restriction if you call closer to the date of your tri and they have unsold rooms.

Have a great time in OC!

Here are a few options, with mid week prices for mid July. There may be an additional charge for multiple people in the room, but with that they should meet your budget. These places have rooms with 2 double beds.

Sahara, 19th Street on the boardwalk with ocean block buildings too. Outdoor pool. A basic motel that will be clean, but will not have lots of amenities. Mid July weekdays from $129. http://www.saharamotel.com/

The Flamingo is just north of the boardwalk at 31st Street. It is ocean block with 3 buildings and an indoor pool so it will be more affordable than the ocean front places. They have indoor and outdoor pools. Mid July weekdays from $139.  http://www.theflamingomotel.com/

Tides, 71st Street, outdoor pool, ocean block. A basic motel that will be clean, but will not have lots of amenities. Mid July weekdays from $109. http://www.tidesmotel.com/

Beachmark, 73rd Street, outdoor pool, ocean block. A basic motel that will be clean, but will not have lots of amenities. Mid July weekdays from $129. http://www.beachmarkmotel.com/

If you don't mind staying across the Bay, The Francis Scott Key is a nice place that may be more affordable due to its location. It is about 1/2 mile outside of OC, and they run a shuttle bus to the beach throughout the day. They have lots of great amenities, including a water park there. Mid July rates from $151. http://fskfamily.com/

Note that all hotels, motels, and condos in OC have 10.5% in state and local tax added to their quoted rates. Some motels and hotels also add a fee for more having more than 1 or 2 people in the room.

Have fun in OC!

You said teenagers, so I am guessing they will want to sleep late.  My recommendation would be to rent a condo....that way everyone can spread out.  The two companies I use are Long and Foster and Coldwell Banker.  Information can be found at www.lfvacations.com and www.cbvacations.com.

My favorite buildings:  The Golden Sands, Quay, Capri, Pyramid, Century I, and the English Towers.  Good luck and have a great trip!

There are not a lot of larger condos in the south end of town near the boardwalk. You will need at least a 2 bedroom, and even then people will need to sleep on a pull out sofa.

Your best bet is to work with a realtor to pick out a unit that meets you needs and budget. I recommend starting with their websites to narrow your choices, and then working with an agent to finalize your selection. Two realtors I've used recently and been very happy with are:

Coldwell Banker:  800.633.1000 http://www.cbvacations.com/
Shoreline Properties: 800.492.5832  http://www.shorepro.com/

Have a great time in OC next fall!

There are lots of great places on the boardwalk. Below I've listed a few that have lots of ammenities. All of these are ocean front with balconies (but some may also have some rooms that are not ocean front)

Courtyard by Marriott at 15th Street is ocean front on the boardwalk. New property built about 3 years ago with lots of amenities including ocean front and ocean view rooms with small balconies and an indoor pool. http://www.marriott.com/hotels/travel/sbyoc-courtyard-ocean-city-oceanfront/.

Holiday Inn Suites at 17th Street is right on the boardwalk. Many rooms are ocean front with balconies. The hotel has lots of amenities including indoor and outdoor pools. http://www.ocsuites.com/

Dunes Manor is a couple of blocks north of the boardwalk at 28th street, all rooms are ocean front with balconies. This is one of my favorite properties in OC, and the place I always recommend. My family stays there often. Their rooms have small kitchen areas, but are more like traditional hotel rooms than suites. They have adjoining rooms. They have an indoor/outdoor pool that is open year round.  http://www.dunesmanor.com/

Have fun in OC!

There are only a few places in OC that take pets. Here are a few of them:

Clarion Fontainebleau - Ocean front, 101st Street. This is a great large property with lots of amenities. Most of the rooms are ocean and bay view. This is the nicest property on the list with the most ammenties (www.clarionoc.com/)

Coastal Palms Inn and Suites - Ocean block 120th Street. It was recently taken over by the Carousel and completely redone. It is very nice. Staying here provides access to many of the Carousel's amenities (just 2 blocks away). Also has an outdoor pool and free loaner beach chairs (www.coastalpalmshotel.com)

Barefoot Mailman - Ocean block on 35th Street. (www.barefootmailman.com/)

Windjammer Apartments - Ocean front, 46th Street. A nice older property with studio, 1BR, 2BR, and 3BR apartments. I stayed there for many years. (www.ocwindjammer.com)

Safari Hotel at 13th Street is ocean front on the boardwalk. I belivee that The Safari is the only place on the boardwalk that takes pets. (www.safarimotel.net)

I assume you are aware that dogs are not allowed on the OC beach or boardwalk or beach anytime from 1 May to 30 September.

There is a Dog Park on 94th Street that you can use for a small fee assuming your dog has all required shots.