My first year of trips back and forth to the Phils to be with my then girlfriend I always stayed at Mango’s Resort in Subic Bay. I did this for two reasons: 1) my friend Tom is the owner and I always get a discount on my room; and 2) my ex is the morn/early afternoon shift manager.
For you however, I would recommend (depending on the length of your stay) either a hostel or a furnished apartment. A hostel will run you less than $10/night but an apartment will only set you back $200-$250 a month, tops.
Mango’s Resort at Subic Bay
Mango’s is a small establishment with only three guest rooms which are located directly over the restaurant/bar portion of the resort. The lower floor is popular with the locals (both native and ex-military) and they hold pool tournaments twice a week. But the best part is the food is fantastic and the drinks are cheap!
There is also an attached disco at the front of the resort, Rock Lobster. At midnight when the kitchen and bar closes, you are forced to get your drinks from the disco if you want to keep the night going. It’s not a bad little disco, but it is small. There are several bigger and better ones just a couple of blocks away.
The rooms themselves are nicely done. They come with a kitchen area including mini fridge (which does come stocked with beer, soda, and water), closet, safe, and as you can see from the picture, a small living room with coffee table, extra chairs, a desk and television.
Out back is a balcony that runs the whole width of the building and can be accessed via sliding doors in each guest room. There are tables and chairs there too, which make it a great li’l place to look out onto the bay or smoke a couple bowls and relax.
If you’re looking for a quaint bar and hotel this is the place for you. Since there are not tons of guests the wonderful staff spends all its time making sure you have a great stay.” ~Jared
UPDATE In 2014 my buddy sold Mango’s Resort. Rock Lobster disco has been turned the “Bunny Ranch” and several additional suites have been built, as well as a brand new beach bar.