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It would be difficult to find a "cheap" room in London. However, you can travel in the off-seasons, and that might help a bit. If you want to stay in the ritzier areas, such as Knightsbridge, you will be paying a minimum of $200 a night and often much more. If you stay in a less-wealthy area such as Paddington, you might get lucky and find a room more in the $140 to $160 range. I highly suggest buying a travel guide book to London (my personal favorites are published by Lonely Planet and Time Out and can be found easily in bookstores or on Amazon) and research what you want to do and try to find a hotel that is centrally located for those things. The travel guides will also have a good selection of hotels listed, usually by price and neighborhood, and will let you know the pros and cons of each hotel. These books will also give you good advice regarding restaurants and shopping at different price points.

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