I think this hostal is reasonable for the price.
You can access to this hostal in 10minutes by taxi from the airport. If you would like to save your money, you could also go there by walk around 40minutes in daytime (of course I don’t recommend you in nighttime). I stayed the hostal total 3 days, single room with TV set and bathroom. The shower is hot enough, although it took around 5 minutes to be warm. The staffs of the hostal are very friendly. This hostal is far from Central, but you can access Central (Plaza Bolivar) by a local bus (around 30minnutes). The price is very cheap compared to taxi. The closest bus stop is in a few minutes walk from the hostal. The staff can tell how you can do. The disadvantage is that this hostal is in residential area. There are small shops, but they look not so useful (I’ve never use). So there is no exchange office and internet café around there. If you have own PC, you can access to their free Wi-Fi. If not, you might ask Victor, who is son of the owner, to borrow his PC for short usage. If you stay the hostal on Saturday or the day before holiday, it might be better not to stay this hotel. Sometimes their neighbors have night party until midnight and you maybe not to sleep. As it is NOT illegal in Peru, the staffs could not complain to them for you. If I have a chance to stay in Lima, I will be back this hostal.