I'm sharing a cabinet with a few other people in one of Hurricane Electric's datacenters. A full cabinet is $400/mo and we split it 7 ways based on space and power consumption.
If you can't get together the people for a full cabinet (which I think is definitely worth it, the more you buy at once, the cheaper it gets), there are a number of providers that offer single server colocation. The only one I've really heard much about though is Joe's Datacenter, which is in Kansas City, Missouri.
Unfortunately there isn't really a "Linode" or "DO" in the colocation space anymore. There used to be https://prgmr.com, which offered transparent pricing based on power and bandwidth usage but they've stopped that I believe. The few global providers are generally geared towards multinational corporations or at least businesses more than small groups or hobbyists. You're really best off with the smaller regional providers near wherever you are.