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SF/Valley has something like that specifically for tech startups: http://www.plugandplaytechcenter.com/

I think they charge ~$1500 per person, and I think its a total waste of money. I rather work out of my own apartment or house at the early stages.

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It's much cheaper than that if I remember correctly.

I think somewhere around $300/month for one person in their Sunnyvale office, but I might be mistaken.

We were quoted $600 for a 2-person cubicle, plus around $100 for connectivity and IT services, and a $100 one-time setup fee. They offer more than just office space, though: Regularly, angels and VCs come in that you can pitch to, and (for additional fees) they offer recruiting services, lawyers, a datacenter etc.

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