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“For a 6 to 12 percent booking fee, AirBnB.com connects budget travelers with locals who are offering a place to bed down. The Times’s Frugal Traveler, Matt Gross, described it as “a cross between CouchSurfing.com and the vacation rentals section of Craigslist.” There were more than 2,000 listings in a recent search for New York including a futon in a one-bedroom near Gramercy Park ($65) and a bedroom with private bath and separate entrance in Hell’s Kitchen ($150).”

See article here: http://travel.nytimes.com/2010/01/10/travel/10pracsave.html?hpw