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Arriving in Amsterdam @6:30 pm leaving the next morning at 7 am

Can anyone recommend an inexpensive place to stay in the heart of the town,and suggestions for a quick evening flavor of amsterdam.

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i think the cheapest you'll end up getting is about $20. I would recommend staying in the Red Light District to get the best feel of amsterdam.. Flying Pig, i have been told is a good time(as in a party place).. so you would get a good sense of amsterdam flavor staying in that area. If you want a little bit of a more quiet place, Rick recommends The Shelter City, which is in the same district.