Located just off the Río Cangrejal [1] is the 
Omega Jungle Lodge (tel. 504/440-0334, www.omegatours.info [2]), a relaxed lodge run by a German rafting outfit. Accommodations include a plain guesthouse, with shared bathroom and communal lounge (US$10 s or US$14 d), one simple but attractive cabin (sans bathroom) built over a gurgling creek (US$40.50 for 2–3 people), and a couple of two-story luxury cabins that can sleep up to five with high-end amenities and decor (US$116 d).
All guests are welcome to use the beautiful outdoor shower in a stone cabana, whose water runs warm by the end of a sunny day. Penny-pinchers can rent a tent for US$5 per person.
A very good option for a low-priced day of rafting is their one-day package for US$49, including a room in the guesthouse, lunch, and a day of rafting. Omega offers a wide variety of day trips and longer expeditions, including white-water swimming, jungle hiking, horseback riding, mountain biking, kayaking, a jungle survival course, and multiday trips near La Ceiba [3] and in the Mosquitia.
The grounds are lovely, with a small pool, three easy trails, and a thatch-roof restaurant serving very good international cuisine. There are several vegetarian options, and creative dishes such as kasspatzle and ginger chicken, all generously portioned (US$5–10).
Omega is highly eco-conscious, with an earth-friendly septic system, among other features.
Omega Jungle Lodge is roughly 10 kilometers up the well-maintained dirt road from the highway. The lodge offers a shuttle service from La Ceiba [3], the ferry dock, and the airport (US$15, US$18, and US$25, respectively; price is per car, up to four passengers).
Links:
[1] http://www.moon.com/destinations/honduras/the-north-coast/la-ceiba/south-and-west-la-ceiba/rio-cangrejal
[2] http://www.omegatours.info
[3] http://www.moon.com/destinations/honduras/the-north-coast/la-ceiba