Moscow has changed from one of the most expensive places (due to the prior ruble over-valuation) to one of the more value places. Still $47 for a chain hotel isn’t normal.
The Holiday Inn Moscow – Lesnaya can be had for just $47 (according to today’s Ruble exchange rate) for many nights in winter. We checked for 2/21 and 4/15 so far.
I stayed at the nearby Radisson Blu Belorusskaya and liked the area. It’s easy to reach from Sheremetyevo with the direct express train and the neighborhood around Tverskaya is one of Moscows’ most entrepreneurial and most interesting.
You can book the Holiday Inn Lesnaya here.