This is a fantastic location - with restaurants, bars, and metro in short walking distance, and numerous Montmartre sights like the Sacre Coeur and the Moulin Rouge quickly accessible. The brasserie on the corner has tasty pizza and welcoming staff, although it can get noisy at night.
We were disappointed with the first room that we were put into which had very little light and no outdoor-facing windows, but the man at reception was helpful and quickly changed our room to a street-facing one that got fresh air. It seems that the rooms may vary in value-for-money. The room we stayed in was clean and comfortable, and they provided a necessary fan. It was a small room, but no smaller than other hotel stays during our time in France and Europe.
We would recommend for any travelers who want a central spot in Montmatre at an affordable price!