If you don't mind being a little way (a short walk) from the action, this is a first-class budget choice. Guests rave about Jazz, mainly thanks to Jani, the superbly friendly owner who runs a sparkling, well-kitted-out complex. There are dorms (bunk-free, and with under-bed storage) and colourful en-suite rooms, plus family-sized apartments with a full kitchen. Book well in advance.
Jazz Hostel & Apartments
Top choice in Lake Bled