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I just googled them for you. They have very cheap hotels on their list. https://www.ixigo.com/cheap-budget-hotels-in-nainital-india-lp-503b2a72e4b032e338f0f1fd?utm_source=60348030384-GGSearch&utm_campaign=Nainital_HL_B&gclid=EAIaIQobChMItLyp0t3T3AIVBti9Ch17tAAJEAAYASAAEgL9hPD_BwE
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HK Legacy. Basic accommodation, but nice and clean with helpful and cooperative hosts. I recently stayed there in Jan2019. There's no parking space though, just a small gully to squeeze in a couple of bikes.
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