The cheap web hosting market in the recent years has grown tremendously; increasing competition in the segment. For the buyer, this has been a positive change with lower prices and increased capacity and services, but unfortunately some less serious actors have appeared on the market looking to make a quick buck. You can rest assure that these fly by night operations are not listed; only the providers that are well established and offer well credited affordable web hosting. You will simply get more for less.
Capacity and Flexibility
These shared hosting plans are cheap because you share one server with several other customers. The resources from one small part of a server is usually enough for most websites. However, if you need a more flexible (e.g. installing custom scripts) and powerful (many visitors and/or heavy content) home for your website(s) you should take a look
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