If you want to steer clear of the tourists, stay here. This is an elegant, historic inn, situated in one of the most beautiful towns in the Orlando area. In addition to their low daily rates, they also rent by the week, offering additional savings.
Just a note: Orlando lost its only hostel several years ago. It was replaced with a trendy hotel with a corporate bakery, overlooking Lake Eola. If you want to save money on accomodations and still be close to the theme parks, your best bet is a hotel or campground along Hwy 192 in Kissimmee.