We stayed four nights at City Hostel Buda during a recent backpacking trip through Central Europe. The price was great. The room was simple, no kitchen or toilet in room but we had two twin beds, a sink and a shower. The toilet and kitchen were near our room in the hallway.
This hostel is not in the 'happening' part of Budapest (see their sister Hostel, "City Hostel Pest") and it takes a few public transit rides and a short walk to get to the hostel. But what it lacks in convenience is made up in great price and peace and quite. If you are looking for a simple and affordable stay in Budapest- this is a great option.
By the way, the prices change during early or mid August due to the Sziget Music Festival and it may be booked up so try to avoid that time or make a reservation.
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