The Yoma Hotel can't be considered as a backpacker hostel in a pure sense, but it's very economical in comparison with the Motherland Hotel. A double room with AC and bathroom is $ 25, while the Motherland charges 22 for the same. It's very clean and well known, because in August it's almost always full. You can make a reservation. It has free WiFi (only on the first floors) and breakfast is included. It's fifteen minutes walk to the Sule Pagoda.