The best hostel will depend on your individual needs and preferences. Most people will look at the costs first when choosing a hostel, but you should keep in mind that generally the closer you are to the center of the city then the more you may pay. This may be worth the trade off since you are more likely to be closer to services you may find yourself needing in case of emergencies such as immigration issues or other amenities throughout town.
The Travelodge is located a little further outside the center of Austin than a few other establishments, but travelers may find rooms for around $10 per person at this hostel. Of course, there are also not as many amenities available within the facilities. Free breakfast and Internet access are available and guests have access to a cafeteria and restaurant. However, the hostel is located very close to a bus route that takes you right to the heart of one of the most well-known areas in town and is a block away from Highland mall.
Austin Hostelling International also has some very low rates for rooms and HI members pay even less than non-members. However, this is one of the most highly rated hostels and has lots of amenities for those who may need to spend a little more time unwinding at the establishment. Furthermore, this establishment also includes linens and towels, which is not always a service at many hostels. There is also free Wi-Fi and Internet access along with laundry facilities, food options and other activities to enjoy.
If you would like to be located even closer to the center of the city and do not mind paying a little more, you can try the Firehouse Hostel. The Firehouse only accepts guests age 18 and up, but the lounge portion of the establishment has a minimum age requirement of 21. However, there are lots of amenities located right on the premises including free Internet access and Wi-Fi as well as board games, fussball, book exchange and a common room. Furthermore, towels are included.