If Bluehost or SiteGround's term structure doesn't fit your plans, three other budget hosts cover the low end of shared hosting.
The order below runs cheapest-headline first, because for the budget end that is the reason most readers are here; but the ranking flips once renewal and term length enter, which is why each pick names the condition it wins under, not just its intro price.
Hostinger: the lowest headline price
Hostinger's Premium plan starts at $2.99/mo, renews at $10.99/mo; that intro rate is prepaid for 48 months, totaling $143.52 (regular price $575.52). It includes 3 websites and 20 GB SSD storage.
InMotion Hosting: more storage, an agency-ready top tier
InMotion's Launch plan is $4.79/mo, renews at $14.99/mo, with 100GB NVMe Storage for 2 websites. Its Pro tier ($10.59/mo) is built for agencies: Pro plan includes WHM access, up to 4 isolated cPanel accounts, and a dedicated IP for agency client-site management.
GreenGeeks: the lowest entry price with a clean one-year term
GreenGeeks' Lite plan is $2.95/month (Pre-paid for 12 months), renews at $13.95/month, for 1 website and 25 GB Web Space.
Choosing among the budget set
Default to Hostinger for the lowest all-in cost if you are comfortable prepaying the long term; pick GreenGeeks instead when you want the shorter one-year commitment, and InMotion when storage or a future agency path matters more than the entry price. Every option here uses the same promo-then-renewal structure -- see shared hosting renewal costs before you commit to a term length. If you need multi-client site management rather than a single small-business site, InMotion's Pro tier is the only one in this set with built-in account isolation for agency use.