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Looking for World Cup Accommodation (Rio de Janeiro)

Hi guys! On June 13th I'll be traveling from my home in Taiwan to Rio for the World Cup, and I would like to find a decent place to stay while I'm in town. With the world event being what it is, hostels have already raised their prices to $50-$100USD per night, so I wanted to ask the local Internations community for some advice.

If you can advise me on good neighborhoods to stay in or affordable places to stay I would be eternally grateful! I'll be traveling from Taiwan with a good friend of mine. We're both international English teachers and football enthusiasts! We are happy to stay in hostels or home stays, whichever places we can save the most on accommodation for three weeks.

Thanks all! I'm sure I will see many of you there!

Rio de Janeiro Forum