For $18, we had a pretty nice room with a small balcony and free breakfast. The Long family was also extremely sweet and welcoming, giving us iced tea and bananas when we arrived and tons of information before we set out to explore Saigon.
It's certainly no luxury hotel, but it was a lot better than other rooms in that price range.
TIP: Save money by contacting Long Hostel directly at firstname.lastname@example.org
Our full trip report here: http://erohisms.com/crawling-around-vietnams-bloody-history/