It's hard to argue with the extremely low price, but if I still couldn't sleep, what's the point? Even with earplugs, the elevated train and clanging pipes kept me awake through the night.
The shared bathroom has what I'll call a "pantry door", which does not insulate sound or odor at all.
Also, I made the mistake of taking a sip of the water provided by the bed, and it definitely was contaminated with bacteria. I was sick to my stomach all day! I would have preferred that it weren't offered at all.