I have experience hosting with ecommerce who owns hostexcellence. They have a $2.95/mo plan but it only has 50 MB. Don't know if that's enough. I have no experience with any other hosts that have packages for <$3/mo
Rich WebsiteMaven - Web Hosting Reviews, Guides, and Advice to Build and Promote your Web Site
I have been using http://www.3ix.org/ for a few months and I am delighted with their service and performance. I am on th $1 a month plan, but they have $3 plan which does what you describe. The website in my signature (among others) is hosted with them.
Well if you raise your amount of money you can spend each month to $3.95 instead of $3.00 maybe hostingplex.com would be a good place for you. They have members of the support team who post on WHT daily it seems.
Don't worry - a moderator will be available shortly to make the modifications on your behalf.
Just a note to the original poster: Yes, you can find webhosts for any price. The question is are they worth your time - so research before picking any single one, even though 3 bucks may not seem like a lot to some people, to others its a lot.
David Web hosting by Fused — For businesses with more important things to do than worry about their hosting.