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The Happy Go Lucky Hotel and Hostel
Very well priced, you can grab a bed in a dorm here for just under €10 with bathroom down the hall, or a private room with an en suite bathroom for around €30.
Just five minutes away from Kurfürstendamm and a quick train ride into the centre of town; means the money you save on accommodation can be put to good use in the city.
Central heating, free WiFi and artists works lining the walls makes this a comfy and homely place to stay. Breakfast is an extra €6 per person and if the smiley faces adorning most free spaces in the building don't make you smile, then I don't know what will!
Image © The Happy Go Lucky Hotel and Hostel