We paid just $8 per night for a room with a fan and a cold shower. It had a nice little balcony and cable TV. Location is great.. just a few mins from both the beach and the restaurants. It's run by a nice old lady who speaks a average English and pretty good French. She does a mean breakfast and cheap too.... but be warned... she expects you to finish every bit of it and might ask you to keep eating if its not all gone! It would be hard to find a much better value guesthouse in Nha Trang.