Pod Hotel is one of the finest hotels New York at an affordable price. Situated in Upper Manhattan, this hotel is centrally located with many major attractions, including your preferred 5th Avenue just a walk away. The rooms are big and spacious and come with all basic facilities. The service is impeccable and will ensure a wonderful stay.

Pod Hotel (Source: p_a_h)

Here is a review of the hotel:

The very clean, stylish and modern Pod Hotel in Manhattan is an excellent value. The rooms are small, but as cleverly designed as a cabin on a luxury ocean liner from the 1930s. The location is very good. Having come from Toronto, Canada for a six night stay at the Pod, I can conclude that the Pod Hotel was a wonderful part of my time in Manhattan and made my New York City experience all the more rewarding.

 (Source: TripAdvisor)

Rates: $169 per night for the Twin Room with Shared Bathroom; Go here to book.

Address: 230 East 51st Street, Midtown East

Ph. No: 800-742-5945 / 212-355-0300 ‎

Check In / Check Out: 15:00 / 12:00

Price Range: $139 onwards

Just minutes away from Manhattan, Verve Hotel, an Ascend Collection hotel is located in Long Island City. The hotel will surely give you a new affordable experience. Hotel amenities include gym facilities and a game room with free continental breakfast.

Here's a guest review:

1.Cleanliness-the lobby and rooms were all immaculate 2.FREE Parking-This is VERY unusual for a NY hotel. 3.Friendliness of staff-Very responsive to needs. I forgot my toothbrush and within minutes there was a knock at my door. They were also very knowledgeable of the area as far as places to eat and sights to see 4.Plasma TV's 5.Manhattan View Awesome Hotel! I highly recommend to anyone traveling to NY.

 (Source: Yahoo! Travel)

Address: 40-03 29Th Street, Long Island City

Contact: (718) 786-4545

Rates: $140

Check in and check out: 3pm / 11am

Visit here for online bookings.

Opposite Memorial Plaza and within walking distance of Battery Park, World Center Hotel offers modern rooms with free Wi-Fi and flat-screen LCD TVs. It's calm environment and earthy tones are perfect for a days rest. 

World Center Hotel, NY (Source: nimdok)

Address: 144 Washington Street, Wall Street - Financial District, NY 10006 New York City

Tel: 212-786-9564

Website: http://www.worldcenterhotel.com

Rate: $139 (Single/Small Double Room;  features a Queen size bed; desk and complimentary WiFi; designed for one or two guests Prices are per room/unit Exclusive of all taxes/VAT)

Here are a couple of reviews:

This was the cheapest modern hotel we could find in Manhattan ($129), but it was actually pretty nice. Our room was bigger than your average NYC hotel room. The staff was pleasant and helpful. Everything was fresh and modern (no bedbugs). The only downside was the construction noise from the 9/11 memorial site across the street, and the noise wasn't that intrusive. Stayed January 2012

 (Source: World Center Hotel (New York City, NY) - Hotel Reviews - TripAdvisor)

Phenomenal location and great value for the price. Very clean rooms - updated and while not spacious, certainly comfortable. Top floor (20) has a bar and dining room which is a great place to grab breakfast.

 (Source: World Center Hotel - Financial District - New York, NY)

This mid-town Manhattan boutique hotel is situated across from the Rockerfeller center and NBC studios. 10 minutes away from Central Park which you can view from your room's full length windows while surfing the net on your room equipped free WiFi. 

New York City. (Source: Kyle McCluer)

Address: 11 West 51 Street, New York, NY 10019

Tel: 212.863.0550

Website: http://www.thejewelny.com

Rate: $169 a night. ( Inclusive of Single/Small Double Room;  Cozy room with a queen size bed designed for one or two guests. Prices are per room/unit. Exclusive of all taxes/VAT)

Here are two reviews for you:

I have stayed here numerous times and never been disappointed. The staff is helpful but not overbearing. The location is fantastic. The price is right. It is clean and the business center is in a living room! Stayed January 2012, travelled on business

 (Source: The Jewel Facing Rockefeller Center (New York City, NY) - Hotel Reviews - TripAdvisor)

Fabulous location and very clean. The room was small but we knew that when we booked and weren't bothered. The location was second to none for the price and we would definitely go back here. I have spent time in the Hamptons in very nice hotels and in boutique hotels in Soho, for the money this place is well worth it and as anything you get what you pay for; central location, clean room, friendly staff and a good service for the money! We will definitely stay here again - one final tip, stay here and save the extra you'd spend on a more expensive hotel for the shows and shopping!

 (Source: The Jewel facing Rockefeller Center (New York, United States of America) | Expedia.co.in)