There's cheap web hosting for 5 dollars a month or more then there's super cheap web hosting for under 5 dollars a month.
If you're looking for budget host that isn't total garbage there are still a few places that offer it.
Since 2001, Web Hosting Hub Stuff focused on providing the highest levels of technical support, customer satisfaction and quality of service in the web hosting industry. As a worldwide leader in the hosting industry, Web Hosting Hub have been accredited with a number of awards and recognition for the continued efforts to provide top quality services to their customers at the very competitive price.
In addition to their top rated 24/7 US-based support, $4.95/mo web hosting from Hub comes with advanced 1-click installation blogging software, sophisticated security features, and comprehensive email functionality.
Visit http://www.webhostinghub.com for more information.
Keep in mind though that you get what you pay for.
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