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"Due to high request, I want to disclose secret information about how tourist can properly settle in Prague. The coolest option for the price-quality is to rent an apartment. This is cheaper if you compare with a hotel and more much more comfortable if to compare with a hostel.
Metro nearby, close to transportation... Apartment - doubles, but I rented only one room and I was billed only for a room, rather than for a flat.
There is a bed, locker, chair, cable TV, table, chairs - basically there's all you need...
As it says 'cheap but good'. Nothing superfluous, but with all necessary...
The owner Evgeny - a great guy. In general, PERFECT, I am happy."

Read more in Natalia's live journal (in Russian).