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Booking.com currently lists three hotels under 30USD (excluding VAT) when entering dates sufficiently far in the future. The cheapest comes in at 25USD for a single room, excluding VAT, at 19%, meaning there's currently one hotel (Hospedaje Angelica) available for under 30USD per night.
On Booking.com the cheapest rooms go for 42USD, even if booking several months in advance. On Hostelworld.com no accommodation is listen for Rancagua. On Expedia.com only Santiago accommodation is listed. Therefore I would say that no conventional accommodation is available in Rancagua for less than 30USD.
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