Renting private rooms is a very convenient way to sleep in Vathy, as there are only 2 hotels. Usually in summer there are people waiting for the ferry who offer you their rooms, so there is no need to wander around.
BUT the last time I went, I arrived in Pissaetos, the other pier, and arrived in Vathy by taxi, so there were no locals waiting at the ferry. I asked first at the local travel agency and they said it was FULLY BOOKED! I had no intention of returning to Patras, so I left the rucksack at the agency and wandered around the streets looking for signs. The first 2 were already booked, but in the 2nd, the old lady phoned a friend and she accompanied me to a house which was up the hill. There was a room for the next day free, but they offered me to sleep in their bedroom that night, they would sleep in the living room (money is money!).
So I slept that night in their bed (nice local experience) and the 2 following in a new room built aside just for guests, newer and with its own shower. In the pic you can see the view from my window.
Unique Qualities: The regular room was 30 euros, and their bedroom for the first night was 25. That was in august, high season.
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Theme: Bed and Breakfast
Comparison: less expensive than average
Prices: US$20-40
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Directions: Wander around Vathy and look for signs saying "Room for rent".