There are many ways to travel around Rivendell, including bicycles, horses, and boats. It’s also important to note that some locations require a guide or an admission fee. Plan ahead for these expenses and consider renting a car if you plan on exploring several places in one day. Estimated travel costs range from $0 (walking around Hobbiton) to $300 (chartering a boat tour of the Anduin River).
If you have more time, consider adding a visit to the White Mountains and Fangorn Forest. For those with less time, the Erebor Mountain Retreat can be skipped. Also, be mindful of the time of year you visit as some locations may have seasonal closures or have peak season prices.