Center of Backpackers Tel Aviv
Tel Aviv Israel Center of Backpacker Universe
http://www.hobotraveler.com/ce_centerofbackpackeruniverseisrael.php
Allenby is the street and a great beach in front, dorms for about 10 U.S. and if you are lucky single start at 20-30 Dollars, not a cheapie country.

This is ground zero for Backpackers.