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Prague is a popular destination and if you avoid the high season, you will find truly budget prices, especially if you avoid the Christmas and New Year period and stay away from April to September. Prague has a wide selection of low-priced accommodation that appeals to younger travelers, but also suits couples and families on a budget.
If you like to meet an international crowd, A&O Hostel in the Holesovice neighborhood is an excellent place to stay. The eighteenth-century bar in the vaults makes sure that you can party all night and never have to go far to roll into bed. Stay in Botel Admiral permantly moored on the banks of the Vltava River and the feed swans and ducks from your porthole.
Sokolska Hostel is in the Nove mesto neighborhood, the party district of Prague. If you don't want to go out, sit on their terrace while drinking beer with a view. Enjoy the panorama of the Prague skyline from the twentieth floor of Fortuna Rhea Hotel in Strasnice neighborhood, only twenty minutes away from the center by tram. Oozing with original architecture, Hotel King George has a superb location on the border between Stare Mesto and Nove Mesto.
Prague has a large choice of low-priced accommodation. Here is a list that will help you find the best places to stay.