Hi, I'm selling web space. Prices start at $2 or 50k/month and individual packages are negotiable. Obviously the better your package the more you'll have to pay. Prices are pretty damn low now (like seriously), so if you have a need for a site, you'll want to get in quick. If you start paying now, the price will be constant for as long as I am running this service unless you up/downgrade your package.

The default $2/m will get you 1GB of disk space and MORE BANDWIDTH THAN YOU CAN USE.

If you don't have your own domain and don't want to buy one, I'll also rent subdomains (*.legsol.me, *.lotsofco.ws, *.project-economy.com and if you're superlucky, *.thingswith.us). They'll be 50c or 10k per month ON TOP OF whatever you're paying for hosting.

I'm not offering other kinds of hosting right now, but I may expand in future. Do not attempt to go lower than the absolute minimum of $2 or 50k/month. You will not get anywhere. Oh also pretty much 100% uptime unless I restart the server (which I've done about once in the last year) in which case you lose maybe a minute.

No, he will let you host stuff on his server. You could have your own website, for example.
2$ a month for that kind of service is cheap as fuck.