Hostels are probably the best choice of accommodation for backpackers and students of all kinds. They are cheap, small rooms, close to modes of transportation like the train stations. There are all kinds of rooms, dorm style, single rooms, double rooms, but what is great is everything is less expensive to accommodate students. Florence is full of hostels which fit each traveler's needs.
Academy Hostel is rated one of the top hostels in Florence. A hostel built into a 17th century palazzo that offers tons of modern amenities to its guests. Located near the Accademia Gallery, you are just steps away from seeing the David in full size. It is also close to many happening pubs and local watering holes, if you fancy a night out.
The most modern hostel I have seen in Italy. Plus Florence Hostel is located right near the train station and is within walking distance to the city center. The services it provides are many, a swimming pool, a rooftop terrace with bar that looks out to Florence. The rooms are set up dorm style with a bathroom. There are many types of rooms with either, 2, 3, or four beds in each room. There is a restaurant in the basement of the hostel that offers typical Italian dishes for a good price. Plus Florence Hostel is geared towards students and backpackers.
Backpacking around Italy is one of the pastimes of students, I know this because I did it as well. Finding the perfect or suitable dwelling to store your stuff is essential when traveling. Florence is home to many students and even more foreigners, each place on this top ten list will offer all kinds of travelers to enjoy Florence at a low price.
Via Ricasoli, 9
A small, modest hostel that is top rated in Florence...
Via San Gallo, 14
Close to the center where you don't have to travel far by foot...
Via del Trebbio, 4
Close to the SMN station and where the action is...
Borgo dei Greci 13
In the zone of Santa Croce, where the nightlife is very lively...
Via Santa Caterina d'Alessandria, 15
A hostel full of life with tons of benefits for backpackers and students...
Via della Condotta, 4
In the center, within walking distance of all the attractions...
Via Camillo Cavour, 104
A family-run hostel with surprise activities galore that they plan for their guests, personally...
Via de' Magalotti, 8
A hostel in midst of all the action in Santa Croce zone...
Piazza de' Pitti, 8
An elegant palazzo that offers you best service on the Oltrarno...
Via Faenza, 94
A hostel with a lot of activities for free...