Dorm Bed: $13.52
This hostel is right in the middle of Shanghai, just a short walk from People's Square. You can also walk to the Bund area. The rooms are each equipped with wi-fi service and there's a rooftop bar and cafe where you can relax. You can choose between six and eight bed dormitory rooms that are bright and large. There are also attached bathrooms to the rooms. Each is air conditioned, and every guest has their own security locker. Alternatively, you can stay in a private room that is either a double, single, twin or triple. They have private bathrooms, air conditioning, televisions, a telephone, and water dispenser.
The hostel is in a great location and you can walk to People's Square, the Shanghai Museum, the Bund, the Jade Gardens, and Nanjing Road, among other things.
17 Yunnan (South) road ,