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Shoulder Season
This is the ideal time between peak and off-season. For example, for the Mediterranean, it is May-June and September-October. The weather is great, the sea is warm (in autumn), and ticket and hotel prices are 30-50% lower than in August.
Crowds of tourists are also significantly smaller.
Holidays and Vacations
New Year, May holidays, school vacations are the most expensive times. If possible, avoid these dates.
Sometimes departure on December 31 evening or January 1 morning costs significantly less than on December 29-30.
Climate
Check the rainy or typhoon season in Asia and the Caribbean. Low price is often due to bad weather. But sometimes 'rainy season' is just an hour of downpour a day, which does not interfere with rest, but saves the budget.