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My recommendation and preferred accommodation option in very close walking distance is the design youth hostel Basel St. Alban
Please send an email to basel@youthhostel.ch and mention Tango. They offer single, double and 4 bed rooms at a very affordable rate including breakfast, starting at CHF 55/night.
Please also check Breite Hotel.
They offer special rates only if you use the following link (Includes free parking)
There are other hotels, b&b and apartments in in that area which you can find by checking the usual platforms. You might also check hotels in Germany since parking on the street is not a big problem in that area.
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