The Lemon Spirit Hostel is a great option if you're looking for cheap accommodation in Rio de Janeiro. The location is great, just one block away from the famous Leblon beach, and close to bars, restaurants, shops, supermarkets, and ATMs. You can stay in a 6-bed dorm for $55; the room was very large, with enough space to leave your bag or backpack in the drawer under the bed. There's a large shared bathroom, with a very nice shower. There's free wifi throughout the hostel, and some computers available. It also offers free breakfast - fruit, bread, cheese, ham, juice, coffee, hot chocolate, etc.