Good cheap hotels in Prague

The hotel Aron, a five- to 10-minutes tram ride to the centre has a very
friendly, English speaking staff with clean, presentable rooms and a bar
and restaurant serving acceptable food at reasonable prices. Tram tickets
are available from the reception desk.

Also we can highly recommend the Cloister Inn. Situated in the centre, on
the site of a former convent, a few minutes walk from the Old Town Square
and the Charles Bridge, it was great value (4,200 koruna per room per
night, around pounds 80) for a large, spotless and comfortable twin and an
excellent buffet breakfast.

Domus Henrici seems more like a set of private flats rather than a hotel.
It is not the cheapest, but it is very near your price limit. Fantastic view, only
about 200m metres walk from the castle, practically opposite the Loreto
Chapel, only a very short walk from the circular 22 tram route, good breakfast,
lovely rooms and good service.