Boasting excellent transport connections, this modern hostel next to Munich's central railway station is just a 10-minute walk from the pedestrian area and the old quarter with its Marienplatz square. An ideal base for travellers on a budget, the Wombat's Hostel Munich provides well-kept, functional rooms with en-suite facilities. Many rooms also feature a balcony. Free internet access is available in all communal areas. Help yourself to an all-you-can-eat continental breakfast before exploring highlights such as the Hofbräuhaus brewery and Viktualienmarkt market. The transport services at your doorstep help you travel across the city with ease. In the evening, relax with a drink in the Wombar, or socialise in the cheerful communal room, which features a glass roof. Alternatively, use the shared computer to surf the internet or enjoy a game of pool.

If you're seeking quality yet budget accommodations in the heart of the Bavarian capital then book a room with Jaeger's. Offering fully-furnished, clean and comfortable dorms and private rooms, this hostel is popular with backpackers and solo travelers. It is well-connected by train and bus routes and even offers touring assistance. Call ahead for reservations and inquiries.

While backpacking through Munich, Euro Youth Hotel Munich will offer you a comfortable resting place at reasonable rates. This building was formerly Hotel Astoria, a luxury hotel from the 1880s. In 1998, this structure was remodeled to house Euro Youth Hotel Munich. The rooms are spacious and airy with cozy beds. The rooms are furnished with a working space and a fully equipped bathroom. Television and wi-fi facilities are available for your entertainment. Guests are also welcome to unwind at the bar located within the hotel.

4 You München has two sections; one is a youth hostel with simple clean rooms (no bath) designed for under 26s, families and disabled people; the second section is a hotel, all with bath and telephone, some with TV. The environmentally friendly décor is particularly interesting and so is the large, good value buffet. All rooms have disabled access. Visit the website for booking and other details.

Part of the A&O Hotel & Hostel Group, A&O München Hauptbahnhof is the ideal location for a traveler bound by a limited budget. Affordability is the greatest strength of this accommodation, along with the additional perks of the Central railway station being less than half a kilometer away and the availability of public transport within your arm's reach. A backpacker or a student-explorer will certainly appreciate the 24 hour concierge service, newspapers, free WiFi and luggage store. Pets are also allowed but charges may be applicable.

The Tent is the perfect destination for flashpackers and nomads, or even Oktoberfest enthusiasts looking for a basecamp. Easily accessible from the city center and only 2km (1.24 miles) north of Nymphenburg, this site is located amidst acres of sprawling open space and offers cheap bunkers and camps. Each type of accommodation is customized to suit both individuals and groups looking for long term stays. Facilities include laundry/dryers, internet access, bike rental and an on-site beer garden and fully-functional kitchen. Check the website for rates and reservations.