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 Acc-Nifos 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.