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Our top choices for Madrid cheap hotels
1. Hotel Riu Plaza España
Hotel Riu Plaza España4.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (5,286 reviews)
9.4/10
Exceptional
(5,286 reviews)
"Lovely hotel in an excellent location in central Madrid. The views from the rooftop bar were stunning."
"Lovely hotel in an excellent location in central Madrid. The views from the rooftop bar were stunning."
Maura
The price is AED 672
AED 672
AED 739 total
includes taxes & fees
9 Nov - 10 Nov
2. Hotel101- Madrid
Hotel101- Madrid4.0 star property
Barajas
9.4 out of 10, Exceptional, (1,968 reviews)
9.4/10
Exceptional
(1,968 reviews)
"Great hotel! Would stay there again."
"Great hotel! Would stay there again."
Chardonnay
The price is AED 257
AED 257
AED 283 total
includes taxes & fees
29 Nov - 30 Nov
3. Latroupe Prado
Latroupe Prado3.0 star property
Arganzuela
9.0 out of 10, Wonderful, (752 reviews)
9.0/10
Wonderful
(752 reviews)
"Clean rooms in the centre close to the main station"
"Clean rooms in the centre close to the main station"
Sinan
The price is AED 467
AED 467
AED 514 total
includes taxes & fees
2 Dec - 3 Dec
4. Hotel Regina
Hotel Regina4.0 star property
Madrid Centro
9.8 out of 10, Exceptional, (2,433 reviews)
9.8/10
Exceptional
(2,433 reviews)
"Great Hotel and Location"
"Great Hotel and Location"Jose
The price is AED 843
AED 843
AED 927 total
includes taxes & fees
18 Nov - 19 Nov
5. Room Mate Macarena, Madrid Gran Vía
Room Mate Macarena, Madrid Gran Vía3.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,756 reviews)
9.4/10
Exceptional
(1,756 reviews)
"Excellent location
Excellent breakfast
I loved this place."
"Excellent location
Excellent breakfast
I loved this place."Sandra
The price is AED 558
AED 558
AED 614 total
includes taxes & fees
22 Nov - 23 Nov
6. Hotel Emperador
Hotel Emperador4.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (2,319 reviews)
9.2/10
Wonderful
(2,319 reviews)
"Amazing hotel!"
"Amazing hotel!"Gloria
The price is AED 667
AED 667
AED 734 total
includes taxes & fees
29 Nov - 30 Nov
7. Novotel Madrid Center
Novotel Madrid Center4.0 star property
Salamanca
9.2 out of 10, Wonderful, (1,344 reviews)
9.2/10
Wonderful
(1,344 reviews)
"Great hotel! The staff were helpful. The room was nice, and transportation was easy."
"Great hotel! The staff were helpful. The room was nice, and transportation was easy."Rachelle
The price is AED 640
AED 640
AED 704 total
includes taxes & fees
2 Dec - 3 Dec
8. Hotel Atlantico Madrid
Hotel Atlantico Madrid4.0 star property
Madrid Centro
9.8 out of 10, Exceptional, (2,117 reviews)
9.8/10
Exceptional
(2,117 reviews)
"We loved our stay here."
"We loved our stay here."Bryan
The price is AED 1,218
AED 1,218
AED 1,340 total
includes taxes & fees
16 Nov - 17 Nov
9. Gran View Apartments
Gran View Apartments4.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (1,913 reviews)
9.2/10
Wonderful
(1,913 reviews)
"Staff are helpful and the location is excellent."
"Staff are helpful and the location is excellent."Mona Lee
The price is AED 605
AED 605
AED 666 total
includes taxes & fees
1 Dec - 2 Dec
10. Only YOU Hotel Atocha
Only YOU Hotel Atocha4.0 star property
Jerónimos
9.4 out of 10, Exceptional, (1,458 reviews)
9.4/10
Exceptional
(1,458 reviews)
"Room was clean, staff were helpful and hotel was conveniently located"
"Room was clean, staff were helpful and hotel was conveniently located"Carson
The price is AED 700
AED 700
AED 770 total
includes taxes & fees
30 Nov - 1 Dec
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.
Top Madrid Hotel Reviews
Hotel Regina
Hotel ReginaMadrid Centro
10/10 Excellent
Great place to stay! Staff were great and room was large with beautiful bathroom, walk in shower. Walking distance to many restaurants and shops. Would strongly recommend staying at the Hotel Regina!
Great place to stay! Staff were great and room was large with beautiful bathroom, walk in shower. Walking distance to many restaurants and shops. Would strongly recommend staying at the Hotel Regina!
Maryann
Hotel Atlantico Madrid
Hotel Atlantico MadridMadrid Centro
10/10 Excellent
We stayed at the hotel for 8 nights and absolutely loved it! Although it's located on a busy street, our room was very quiet thanks to the noise-cancelling windows and electric shutters. Both the room and bathroom were spotless and well-stocked with everything we needed, including shaving and dental kits, shower caps, and a variety of cute little bottles of toiletries. The staff were friendly and extremely helpful. The location couldn’t be better—right in the heart of the city. We’ll definitely...
We stayed at the hotel for 8 nights and absolutely loved it! Although it's located on a busy street, our room was very quiet thanks to the noise-cancelling windows and electric shutters. Both the room and bathroom were spotless and well-stocked with everything we needed, including shaving and dental kits, shower caps, and a variety of cute little bottles of toiletries. The staff were friendly and extremely helpful. The location couldn’t be better—right in the heart of the city. We’ll definitely...
Zev
Hotel Riu Plaza España
Hotel Riu Plaza EspañaMadrid Centro
10/10 Excellent
We had a family double room for 3 adult and it’s roomy and comfortable. Right on Gran Via so it’s so easy for shopping and dining. The hotel has a roof top bar which has a beautiful view of Madrid. It’s an excellent place to spend the evening with friends/family.
The breakfast is GREAT with very nice setting and excellent varieties. Very happy with our stay.
We had a family double room for 3 adult and it’s roomy and comfortable. Right on Gran Via so it’s so easy for shopping and dining. The hotel has a roof top bar which has a beautiful view of Madrid. It’s an excellent place to spend the evening with friends/family.
The breakfast is GREAT with very nice setting and excellent varieties. Very happy with our stay.
Kim
Hotel Europa
Hotel EuropaMadrid Centro
10/10 Excellent
We only stayed 1 night but the room was clean and quiet (we had an inner room). Bed was super comfortable & AC worked great. The location was very convenient for walking around the plazas & close to tons of bars & restaurants. We would stay again!
We only stayed 1 night but the room was clean and quiet (we had an inner room). Bed was super comfortable & AC worked great. The location was very convenient for walking around the plazas & close to tons of bars & restaurants. We would stay again!
lee
SLEEP’N Atocha – B Corp Certified
SLEEP’N Atocha – B Corp CertifiedMadrid Centro
10/10 Excellent
Fantastic hotel in great location . First time staying at a Sleep N and it’s a great concept. They have a quirky modern design with emphasis on customer service and the environment . Hotel contacted me day before to ask what type of room I would like and arrival time. The rooms are VERY small but clean and comfortable. A very nice buffet breakfast available. Staffs are very friendly and helpful and great location in Madrid.
Fantastic hotel in great location . First time staying at a Sleep N and it’s a great concept. They have a quirky modern design with emphasis on customer service and the environment . Hotel contacted me day before to ask what type of room I would like and arrival time. The rooms are VERY small but clean and comfortable. A very nice buffet breakfast available. Staffs are very friendly and helpful and great location in Madrid.
ALAN
Hotel Vincci Soho
Hotel Vincci SohoMadrid Centro
10/10 Excellent
Cool location. Parking was convenient. LOVED the decor and art. Delicious breakfast. Santa Ana square had great food options. You are in the heart of the adventure and all the disco people will invite you to their clubs at night.
Cool location. Parking was convenient. LOVED the decor and art. Delicious breakfast. Santa Ana square had great food options. You are in the heart of the adventure and all the disco people will invite you to their clubs at night.
Ryan
Hostal Evocare Madrid
Hostal Evocare MadridMadrid Centro
10/10 Excellent
The staff was available 24/7. Very polite in spanish and english. They knew the area well to suggest easy solutions or places to visit. They are locate 2nd floor and have elevator and it operates always. Very nice stay.
The staff was available 24/7. Very polite in spanish and english. They knew the area well to suggest easy solutions or places to visit. They are locate 2nd floor and have elevator and it operates always. Very nice stay.
Mario J.
BYPILLOW Crosstown
BYPILLOW CrosstownMadrid Centro
10/10 Excellent
Good hotel for price. Has everything you need to have fun in Madrid. Staff helpfull and friendly
Good hotel for price. Has everything you need to have fun in Madrid. Staff helpfull and friendly
Alberto
chic&basic dot
chic&basic dotMadrid Centro
10/10 Excellent
Very accommodating staff and chic hotel. Very unique and comfortable.
Very accommodating staff and chic hotel. Very unique and comfortable.
Vanessa
Hostal Lisboa
Hostal LisboaMadrid Centro
10/10 Excellent
Hostel Lisboa was great! Exceeded our expectations. Walkable to everything. Loved the neighborhood and the Felix coffee shop across the street was amazing as well. Highly recommend.
Hostel Lisboa was great! Exceeded our expectations. Walkable to everything. Loved the neighborhood and the Felix coffee shop across the street was amazing as well. Highly recommend.
Sahar
Hotel Porcel Ganivet
Hotel Porcel GanivetMadrid Centro
10/10 Excellent
The hotel itself was great. Breakfast was excellent. The only downside was that we had to walk a good 20 to 30 minutes to get to any of the popular tourist spots. But overall, we had a lovely stay there. And the rooftop deck and pool was a really nice place to go and relax.
The hotel itself was great. Breakfast was excellent. The only downside was that we had to walk a good 20 to 30 minutes to get to any of the popular tourist spots. But overall, we had a lovely stay there. And the rooftop deck and pool was a really nice place to go and relax.
Mary
Diezmadrid Hostal
Diezmadrid HostalMadrid Centro
10/10 Excellent
Diezmadrid hostal was in an excellent location close to everything, great service, the room was cleaned every day.
Diezmadrid hostal was in an excellent location close to everything, great service, the room was cleaned every day.
Saul
Hostal La Zona
Hostal La ZonaMadrid Centro
10/10 Excellent
Perfect place to stay in Madrid! I loved it!
Volvería encantado de la vida!
Perfect place to stay in Madrid! I loved it!
Volvería encantado de la vida!
Michael
Hostal Met Madrid
Hostal Met MadridMadrid Centro
10/10 Excellent
We absolutely loved the location (couldn't ask for a better one), the staff and place. Only a a very few points off, due to the size of the room. I believe that they may vary a bit, from the lead picture. Ours was one of the smaller variety, which was okay for us, but some may find it a bit cramped. With that caveat, I would highly recommend the Hostal Met Madrid.
We absolutely loved the location (couldn't ask for a better one), the staff and place. Only a a very few points off, due to the size of the room. I believe that they may vary a bit, from the lead picture. Ours was one of the smaller variety, which was okay for us, but some may find it a bit cramped. With that caveat, I would highly recommend the Hostal Met Madrid.
Johnny
Hostal Ballesta
Hostal BallestaMadrid Centro
10/10 Excellent
Prime location. The hostal is quiet and clean, friendly staff available 24h (but not always know english). Hot water, smart tv and comfy bad. Highly recommended.
Prime location. The hostal is quiet and clean, friendly staff available 24h (but not always know english). Hot water, smart tv and comfy bad. Highly recommended.
Sivan
Madridcito
MadridcitoMadrid Centro
10/10 Excellent
I really enjoyed my stay at Madridcito! This was my first time traveling alone as a female and felt very safe here. It was in the perfect location near everything. Alba was so kind and even sent me restaurant, activities and bar recommendations. I would highly recommend this hostel!
I really enjoyed my stay at Madridcito! This was my first time traveling alone as a female and felt very safe here. It was in the perfect location near everything. Alba was so kind and even sent me restaurant, activities and bar recommendations. I would highly recommend this hostel!
Ruby
Hostal Abadía Madrid
Hostal Abadía MadridMadrid Centro
10/10 Excellent
Very nice, clean hotel. Convenient location to the palace, cathedral, plaza and San Miguel Market that provides the classical and variety of food. The Tapas are so good! For an extra, there’s a grocery store just around the corner. We came from US and enjoyed the stay.
Very nice, clean hotel. Convenient location to the palace, cathedral, plaza and San Miguel Market that provides the classical and variety of food. The Tapas are so good! For an extra, there’s a grocery store just around the corner. We came from US and enjoyed the stay.
Jianhua
Hostal Central Palace Madrid
Hostal Central Palace MadridMadrid Centro
10/10 Excellent
Wonderful property just across the palace. It was like having the royal gardens in your front yard. Great restaurants around the area. Very easy and safe to walk around at night.
Wonderful property just across the palace. It was like having the royal gardens in your front yard. Great restaurants around the area. Very easy and safe to walk around at night.
Yvonnie
Far Home Atocha
Far Home AtochaMadrid Centro
10/10 Excellent
I liked it and will definitely stay again. Good common area, breakfast and laundry conveniently available. My room had a bit of cigarette smell, only noticed when first entering the room.
I liked it and will definitely stay again. Good common area, breakfast and laundry conveniently available. My room had a bit of cigarette smell, only noticed when first entering the room.
Ti-Sheng
Find out more about Madrid
Discover cheap things to do in Madrid (and vicinity)
For budget-conscious travelers exploring the greater Madrid area, a variety of affordable activities and points of interest await. Start your day at the iconic Retiro Park, a sprawling green oasis perfect for picnics, leisurely strolls, or even boat rides on the lake, all of which are either free or low-cost. History enthusiasts will appreciate the stunning architecture of the Royal Palace, where you can wander the gardens at no charge and enjoy the breathtaking views. Art lovers should not miss the renowned Museo del Prado, which offers free entry during certain hours, allowing you to soak in masterpieces without breaking the bank. In the vibrant La Latina neighborhood, indulge in tapas at local bars, where small plates can be enjoyed for just a few euros—perfect for families looking to savor authentic flavors. If you’re seeking budget accommodation, consider staying in the Malasaña district, known for its bohemian vibe and eclectic shops. Here, you can find cozy hotels that offer both comfort and convenience, making it easy to explore the area's lively streets filled with murals and quirky cafés. With a wealth of experiences that won’t stretch your wallet, greater Madrid is a playground for the adventurous traveler.
Find the best cheap hotels in Madrid (and vicinity)
For travelers seeking affordable options in Madrid, these hotels provide excellent value without compromising on comfort or convenience. Enjoy a pleasant stay at these budget-friendly accommodations that are perfect for your journey.
Apartosuites Jardines de Sabatini
- Why it's great for a budget-friendly vacation: Apartosuites Jardines de Sabatini is a top-rated budget option with a remarkable review rating of 9.6. This hotel offers guests excellent value with amenities like free WiFi, toiletries, and a 24-hour airport shuttle, making it a convenient choice for travelers.
- Other amenities: Guests can enjoy spacious suites equipped with kitchens and dining tables, perfect for preparing meals. The hotel provides free cribs and rollaway beds for families, while a rooftop terrace offers stunning views of the city. Features such as a concierge service, accessible fitness center, and shopping options onsite add to the overall appeal.
- Neighborhood: Moncloa-Aravaca
- Nearby attractions: Gran Via - 0.39 miles, Plaza de España - Princesa - 0.0 miles
- Why it's great for a budget-friendly vacation: Suites Viena Plaza de España is an exceptional budget accommodation, earning an excellent review rating of 9.2. This hotel offers travelers free WiFi and toiletries, along with a convenient 24-hour airport shuttle service to ease travel logistics.
- Other amenities: Guests can unwind on the terrace or take advantage of the kitchenette in their rooms, complete with an electric kettle and refrigerator. Self-parking options are available, and the hotel features a fitness center for those looking to stay active. With daily housekeeping and premium bedding, travelers can enjoy a restful stay in the heart of Madrid.
- Neighborhood: Moncloa - Arguelles
- Nearby attractions: Gran Via - 0.43 miles, Plaza de España - Princesa - 0.0 miles, Royal Palace of Madrid - 0.54 miles
- Why it's great for a budget-friendly vacation: Zleep Hotel Madrid Airport is a fantastic option for budget travelers, an impressive review rating of 8.8. Located conveniently near the airport, this hotel offers essential amenities such as free WiFi and an airport shuttle service, ensuring a smooth travel experience for guests.
- Other amenities: In addition to comfortable accommodations, guests can utilize the kitchenette in their rooms, featuring a mini refrigerator and microwave for easy meal prep. The hotel also provides early check-in, self-parking options, and a fitness center for those looking to keep active. Enjoy daily housekeeping and a hosted evening meal to make your stay even more enjoyable.
- Neighborhood: San Blas-Canillejas
- Nearby attractions: Aquopolis - 1.99 miles, Plenilunio Shopping Mall - 4.02 miles, El Capricho Park - 4.47 miles
Frequently Asked Questions
What is Madrid like for travelers on a budget?
Madrid has cheap accommodation options and a range of things to see and do, making it a great getaway spot for budget travelers. In addition to its well-known attractions like Puerta del Sol and Gran Via, this destination is home to El Retiro Park and Sabatini Gardens, which you can enjoy while spending very little.
What's the best budget-friendly hotel in Madrid?
Based on reviews, Hotel Riu Plaza España is a popular hotel for our travelers who want a more economical choice, and features free WiFi and 2 bars/lounges. Other options to stay on the cheap include Hotel Regina and Far Home Atocha.
How many inexpensive hotels should I expect to find in Madrid?
Choose a hotel that suits your wallet among Expedia's 355 budget hotels in Madrid.
When is the best time for a budget trip to Madrid?
Weather will likely play an important role when you plan your trip to Madrid, and keep in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually July and August with an average temp of 77°F, while the coldest months are January and February with an average of 45°F. Average annual precipitation for Madrid is 17 inches.
What is there to see and do in Madrid?
Madrid attracts visitors with its top museums and theater scene, and offers plenty to see and do without spending a fortune. You can budget for the popular local attractions that are highest on your list, such as Puerta del Sol and Gran Via, and choose other low-cost activities to fill your itinerary. Head to Preciados Street and San Miguel Market for some bargain shopping, or hunt for deals at San Anton Market.
How can I get to Madrid and get around on a budget?
Scoping out the transportation options in Madrid is a smart way to keep your trip affordable. The closest airport is Adolfo Suarez Madrid-Barajas Airport (MAD), situated 7.9 mi (12.8 km) away. Nearby metro stations include Sol Station, Gran Via Station, and Callao Station.