Depends on your budget. You will get good hostels at the city center (near Dam's square). you can also stay near Museumplein. However, if you want to stay in standard hotels with own room (instead of dorms) at affordable rates you can check out some places near Amstelveen. Amsterdam can get crowded, Amstelveen is very peaceful and with IAmsterdam card you get unlimited free transport.
Check this- https://www.backpacknxplore.com/2018/06/amsterdam-3-days.html
Hi Sanghamitra, depending on your budget and preference, you may want to consider staying around the Old Centre which is close to prominent shopping area and nightlife areas. If you would like views of the Canals, you may head to the slight to the west at Raadhuisstraat.
Hi Sanghamitra, Amsterdam is a tourist hotspot, thus has a lot of different stay options for all sorts of tourists, travelers, and backpackers. You can choose to stay at a travelers' hostel, or a hotel suite depending on your preferences, budget and travel style. You can go through the following stay options: