Hostel Sokol

A quiet location in Malá Strana and inexpensive beds make the bare-bones Hostel Sokol a worthy choice for basic accommodation in Prague. Open since 1997, it's the kind of place where you'll walk up four flights of stairs in what appears to be an office building to reach the reception (there's no elevator).

Quick read

Pros: Super-Cheapo. Clean and comfortable. Wonderful rooftop terrace.
Cons: Barebones furnishings. Shared bathrooms are rather charmless.

The hostel

Sokol's dorm-style rooms are nothing to write home about, but they are comfortable and clean. Expect an army barrack-style row of beds with white walls, white linens, and light wooden cupboards that separate the beds. A little more privacy is available in the attic, where you'll find four tiny double rooms with low, slanted ceilings.

Bathrooms (which are shared) are clean, though they have all the charm of a high school locker room.

The hostel's shared kitchen is also located on the top floor, along with an amazing rooftop terrace. This spot offers superb views of the city, and is a brilliant place to hang in the summer.