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Our top choices for Madrid cheap hotels

1. Hotel Regina

Hotel Regina
4.0 star property
Madrid Centro
9.8 out of 10, Exceptional, (2,433 reviews)
"Great Hotel and Location"
United States
Jose
The price is ¥36,359
¥39,995 total
includes taxes & fees
Nov 18 - Nov 19
Hotel Regina

2. La Fonda de los Principes

La Fonda de los Principes
3.5 star property
Madrid Centro
9.8 out of 10, Exceptional, (84 reviews)
"Very nice hotel and very clean!"
Canada
Christopher
The price is ¥26,449
¥29,094 total
includes taxes & fees
Dec 1 - Dec 2
La Fonda de los Principes

3. Arenal Suites

Arenal Suites
4.0 star property
Madrid Centro
9.8 out of 10, Exceptional, (341 reviews)
"Great location. Friendly staff, especially Christian, went above and beyond to accommodate our needs."
United States
Seyed Hanif
The price is ¥29,325
¥37,559 total
includes taxes & fees
Nov 10 - Nov 11
Arenal Suites

4. Thompson Madrid, by Hyatt

Thompson Madrid, by Hyatt
5.0 star property
Madrid Centro
9.6 out of 10, Exceptional, (451 reviews)
"Fabulous location, amazing hotel, will definitely stay again"
Australia
Cath
The price is ¥39,803
¥43,783 total
includes taxes & fees
Nov 11 - Nov 12
Thompson Madrid, by Hyatt

5. Four Seasons Hotel Madrid

Four Seasons Hotel Madrid
5.0 star property
Madrid Centro
9.8 out of 10, Exceptional, (391 reviews)
"Excelente"
Mexico
Gabriela
The price is ¥194,402
¥213,842 total
includes taxes & fees
Dec 4 - Dec 5
Four Seasons Hotel Madrid

6. Hotel Montera Madrid, Curio Collection By Hilton

Hotel Montera Madrid, Curio Collection By Hilton
5.0 star property
Madrid Centro
9.6 out of 10, Exceptional, (253 reviews)
"Nice hotel"
Canada
Ghassan
The price is ¥45,212
¥49,733 total
includes taxes & fees
Nov 5 - Nov 6
Hotel Montera Madrid, Curio Collection By Hilton

7. Hotel Francisco I

Hotel Francisco I
4.0 star property
Madrid Centro
9.6 out of 10, Exceptional, (1,001 reviews)
"Excellent access to tourist areas, very good breakfast."
United States
Nami
The price is ¥34,844
¥38,329 total
includes taxes & fees
Nov 30 - Dec 1
Hotel Francisco I

8. Hotel Europa

Hotel Europa
3.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,009 reviews)
"Great stay, great location, courteous helpful staff, recommend."
United States
John
The price is ¥24,670
¥27,137 total
includes taxes & fees
Nov 9 - Nov 10
Hotel Europa

9. B&B Madrid Centro Puerta del Sol

B&B Madrid Centro Puerta del Sol
3.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,180 reviews)
"The hotel was really good and clean, the location also was perfect."
United States
sabino
The price is ¥22,971
¥25,268 total
includes taxes & fees
Nov 30 - Dec 1
B&B Madrid Centro Puerta del Sol

10. The Madrid EDITION

The Madrid EDITION
5.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (390 reviews)
"Extremely well located very convenient to stay"
United States
Jose
The price is ¥64,654
¥71,120 total
includes taxes & fees
Dec 1 - Dec 2
The Madrid EDITION

11. Apartamentos Dúplex Príncipe de Canalejas

Apartamentos Dúplex Príncipe de Canalejas
5.0 star property
Madrid Centro
9.6 out of 10, Exceptional, (11 reviews)
"Amazing property in a great location - 5*, highly recommended"
United Kingdom
Patrick
The price is ¥34,717
¥38,188 total
includes taxes & fees
Nov 16 - Nov 17
Apartamentos Dúplex Príncipe de Canalejas

12. UMusic Hotel Madrid

UMusic Hotel Madrid
5.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,000 reviews)
"It was a great hotel!!"
United States
Adam
The price is ¥39,783
¥43,762 total
includes taxes & fees
Dec 3 - Dec 4
UMusic Hotel Madrid

13. Intelier Palacio de San Martín Hotel by Intelier Hotels & Suites

Intelier Palacio de San Martín Hotel by Intelier Hotels & Suites
4.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,149 reviews)
"Great location. Great breakfast."
United States
Marvin
The price is ¥22,166
¥24,382 total
includes taxes & fees
Nov 29 - Nov 30
Intelier Palacio de San Martín Hotel by Intelier Hotels & Suites

14. JW Marriott Hotel Madrid

JW Marriott Hotel Madrid
5.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (176 reviews)
"Todo excelente"
Mexico
MIGUEL ANGEL
The price is ¥65,719
¥72,291 total
includes taxes & fees
Dec 3 - Dec 4
JW Marriott Hotel Madrid

15. Woohoo Rooms Boutique Sol

Woohoo Rooms Boutique Sol
3.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (406 reviews)
"Friendly and central location . Hotel and staff amazing. Clean rooms and bonus of Netflix and water in room included"
United Kingdom
Martin
The price is ¥21,508
¥23,659 total
includes taxes & fees
Nov 11 - Nov 12
Woohoo Rooms Boutique Sol

16. Catalonia Puerta del Sol

Catalonia Puerta del Sol
4.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (757 reviews)
"Beautifully restored property near Puerta del Sol, Plaza de España and Barrio de las letras. The rooms were clean and spacious for being in the city center. We stayed four nights and will certainly return in the future."
United States
Felix
The price is ¥32,133
¥35,346 total
includes taxes & fees
Nov 9 - Nov 10
Catalonia Puerta del Sol

17. Edmond Vibes Puerta del Sol

Edmond Vibes Puerta del Sol
2.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (183 reviews)
"Great location! Kids enjoyed the stay."
United States
Edwin
The price is ¥22,720
¥36,715 total
includes taxes & fees
Nov 11 - Nov 12
Edmond Vibes Puerta del Sol

18. TOC Hostel and Suites Madrid

TOC Hostel and Suites Madrid
2.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (997 reviews)
"Very convenient location, clean room, great breakfast"
Canada
Tomomi
The price is ¥15,155
¥16,671 total
includes taxes & fees
Dec 2 - Dec 3
TOC Hostel and Suites Madrid

19. B&B Hotel Madrid Centro Plaza Mayor

B&B Hotel Madrid Centro Plaza Mayor
3.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (711 reviews)
"It was located in a great location close to every where I wanted to visit and goto a tapas bar"
United States
Saman
The price is ¥21,821
¥24,003 total
includes taxes & fees
Nov 15 - Nov 16
B&B Hotel Madrid Centro Plaza Mayor

20. chic&basic dot

chic&basic dot
3.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (1,007 reviews)
"Great location and the staff is very helpful."
Canada
Luis
The price is ¥20,829
¥22,912 total
includes taxes & fees
Dec 1 - Dec 2
chic&basic dot
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.

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

Suites Viena Plaza de España

  • 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

Zleep Hotel Madrid Airport

  • 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

Top Madrid Hotel Reviews

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.

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