Budget hotels in Madrid, Spain
Search, compare, and save on Madrid, Spain Budget hotels from hundreds of travel sites on HotelsCombined.
Madrid, Spain
27 Mar — 28 Mar2
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Popular Budget hotels in Madrid, Spain
Discover well-known properties in Madrid, Spain that are favoured by visitors more than others. There are 2,705 hotels in Madrid, Spain and price data was last updated on 20 March 2025. The average price for a hotel in Madrid, Spain is $241/night.
The following hotels are among the most sought after in the Madrid area. Users seeking more options can adjust the settings in the search form at the top of the page.
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All filtersCalle Mayor, 10, Planta 4, Madrid, Spain
While you're here, you can enjoy all the comforts of home and more, including free WiFi and a flat-screen TV, as well as air conditioning and laundry facilities. Other amenities include towels, a ceiling fan, a desk, and tour/ticket assistance.
Free Wi-Fi
8.9
Excellent
2614 reviews
Location
0.3 km from city centre
$150
Madrid, Spain
3 bedroom apartment, located in the Latin District near the Central District The neighborhood is 2.5 km away. Quiet neighborhood connected to the Historic Center, with green areas and commercial galleries, proximity supermarkets. We have parking spaces. The parking is in a nearby building. Metro line 6 stations of Lucero and Laguna Bus line 138, line 119, line 55, line 31 and night the N18 Train line C5, Laguna station, two stops from Atocha.
Air conditioning
7.8
Good
80 reviews
Location
3.3 km from city centre
$233
Cuesta de Santo Domingo, 2, Madrid, Spain
Hotel with a 24-hour front desk, a short walk to Gran Via Along with a restaurant, this smoke-free hotel has a bar/lounge and a snack bar/deli. WiFi in public areas is free. Other amenities include a coffee shop/cafe, a business center, and concierge services. Hotel Ópera offers 79 accommodations with minibars and laptop-compatible safes. Each accommodation is individually furnished and decorated. Beds feature premium bedding. Flat-screen televisions come with satellite channels. Bathrooms include shower/tub combinations, slippers, and hair dryers. Guests can surf the web using the complimentary wired and wireless Internet access. Business-friendly amenities include desks and phones. Housekeeping is offered daily and irons/ironing boards can be requested.
Free Wi-Fi
8.5
Excellent
3077 reviews
Location
0.7 km from city centre
$239
Calle Ballesta 5, Madrid, Spain
Hostal with a 24-hour front desk, a short walk to Gran Via This smoke-free hostal features concierge services, a 24-hour front desk, and a free grocery shopping service. WiFi in public areas is free. Additionally, express check-in, express check-out, and free newspapers are onsite. Hostal Ballesta offers 35 air-conditioned accommodations with laptop-compatible safes and complimentary toiletries. Flat-screen televisions come with satellite channels. Bathrooms include bathtubs or showers. Guests can surf the web using the complimentary wireless Internet access. Business-friendly amenities include desks and phones. Irons/ironing boards and hair dryers can be requested. Housekeeping is provided daily.
Free Wi-Fi
8.4
Excellent
2656 reviews
Location
0.6 km from city centre
$148
Calle Luis Velez De Guevara, 2-Planta 4, Madrid, Spain
Hostal with a 24-hour front desk, steps from Plaza de Santa Ana Along with a coffee shop/cafe, this smoke-free hostal has a microwave in a common area and a refrigerator in a common area. WiFi in public areas is free. Other amenities include self parking, concierge services, and laundry facilities. Hostal Sol Square Madrid offers 16 air-conditioned accommodations with minibars and safes. Rooms open to balconies or patios. Flat-screen televisions are featured in guestrooms. Bathrooms include bathtubs or showers, complimentary toiletries, and hair dryers. This Madrid hostal provides complimentary wireless Internet access. Housekeeping is offered daily and irons/ironing boards can be requested.
Free Wi-Fi
Air conditioning
Airport shuttle
8.7
Excellent
2093 reviews
Location
0.2 km from city centre
$190
C. San Bernardo, 63, Madrid, Spain
Conveniently situated in the centre of Madrid, Hostel Palacio provides air-conditioned rooms, a garden, free WiFi and a shared lounge. The property is around 1.4 km from Royal Palace of Madrid, 2.7 km from Thyssen-Bornemisza Museum and 1.4 km from Mercado San Miguel. The property is non-smoking and is located 1 km from Gran Via. At the hostel, all rooms come with a desk. At Hostel Palacio each room is equipped with bed linen and towels. The daily breakfast offers buffet, continental or American options. Popular points of interest near the accommodation include Gran Via Metro Station, Plaza de España Metro Station and Temple of Debod. Adolfo Suarez Madrid-Barajas Airport is 18 km away.
Free Wi-Fi
Air conditioning
7.7
Good
265 reviews
Location
1.3 km from city centre
$85
Calle Aguistin 6, Madrid, Spain
Armesto Rooms is a boutique hostel with a unique and original design with an unbeatable location. Ten minutes walk from the best art museums in the world, the Madrid Art Triangle, formed by the Prado Museum, the Reina Sofía Museum and the Thyssen-Bornemisza Museum, and a short walk from the Botanical Garden and the Parque del Withdrawal. The gastronomic and leisure offer is overwhelming, full of bars, restaurants and trendy venues and a renewed offer of design, fashion and craft shops. Its rooms have a functional design, with a double bed for matrimonial or single use, shower cabin and separate toilet and sink en suite, smart TV, WIFI, hot/cold AC, bathroom amenities, hairdryer, safe and minibar with non-alcoholic drinks and snacks. The Reception service is from 8:30 a.m. to 7:00 p.m. Once check-in is completed, guests will have an access code to the building and their rooms throughout their stay, so that entry and exit from Armesto can be done outside Reception hours. As a courtesy to our guests, in the lobby, you will find completely free water, coffee, tea and hot chocolate from 8:30 a.m. to 11:30 a.m. every day. We also have a custody service for a maximum of two pieces of luggage per bedroom on the same day of check out until 7:00 p.m.
Free Wi-Fi
8.9
Excellent
1139 reviews
Location
0.5 km from city centre
$180
C/Victoria nº1, Madrid, Spain
Hostel with a 24-hour front desk, steps from Puerta del Sol A 24-hour front desk, tour/ticket assistance, and free WiFi in public areas are available at this smoke-free hostel. Other amenities include multilingual staff. THC Bergantín Hostel offers 16 accommodations with hair dryers and complimentary toiletries. Rooms open to balconies. Plasma televisions are featured in guestrooms. Bathrooms include showers. Guests can surf the web using the complimentary wireless Internet access. Irons/ironing boards and hair dryers can be requested. Housekeeping is provided daily.
Free Wi-Fi
8.4
Excellent
2360 reviews
Location
0.2 km from city centre
$151
Gran Via 61, Madrid, Spain
Hostal in Madrid, steps from Gran Via Dry cleaning, laundry facilities, and tour/ticket assistance are available at this smoke-free hostal. WiFi in public areas is free. Other amenities include a front-desk safe and a vending machine. Hostal Buenos Aires offers 25 accommodations with safes and hair dryers. Accommodations are furnished with day beds and desks. 32-inch LED televisions come with premium digital channels. Bathrooms include showers and complimentary toiletries. Guests can surf the web using the complimentary wireless Internet access. Housekeeping is provided daily.
Free Wi-Fi
8.4
Excellent
1277 reviews
Location
0.9 km from city centre
$201
Travel insights for budget hotels in Madrid
Use these up-to-date, data-driven insights about booking a budget hotel in Madrid including ideal times to book, pricing trends, and more.
What is the cheapest month to book budget hotels in Madrid?
The cheapest month to book budget hotels in Madrid is August ($148). Conversely, the most expensive month to stay in Madrid is June ($618).
What is the cheapest day to stay in a budget hotel in Madrid?
The cheapest day to stay in Madrid is Friday ($270). On the other hand, travelers can expect to pay the most on Tuesday, when the average nightly price is $712.
Which Madrid neighborhoods are most popular to stay in?
Those visiting Madrid tend to stay in Fuencarral-El Pardo, where a budget hotel costs around $233/night. Another popular neighborhood in Madrid is Chueca, which is $112/night on average for a budget hotel.
How much is a budget hotel in Madrid tonight?
Users have found prices for budget hotels in Madrid tonight starting as low as $165, rising to an average cost of $470, based on searches in the last 72 hours. Prices start from $194 for a 4-star budget hotel in Madrid for tonight.
How much is a Madrid budget hotel room this weekend?
In the past 72 hours, we’ve seen prices for budget hotels in Madrid this weekend for as little as $286/night. If you’re specifically looking for a 3-star hotel this weekend, our users have found prices as low as $286/night. For a 4-star budget hotel in Madrid, the cheapest rate recently found was $254/night for this weekend.
How far ahead should you book a hotel in Madrid?
Save money by booking a hotel at least 4 days before your trip to Madrid. The lowest price found when booking 4 days ahead was $162 per night.
Top-rated Budget hotels in Madrid, Spain
Browse through properties in Madrid, Spain that have received the highest ratings from guests. There are currently 2,705 properties in Madrid, Spain and data was last updated on 20 March 2025.
Some of the best Madrid hotel options as decided by our users. Learn why these hotels were rated among the best by reading user reviews.
Show all 2,705 hotels
$200
Avg. per night
Calle de Valverde 7 1Ero, Madrid, Spain
0.6 km from city centre
Free Wi-Fi
Air conditioning
$192
Avg. per night
$250
Avg. per night
$694
Avg. per night
$908
Avg. per night
$152
Avg. per night
Calle Fuencarral, 39-3 Derecha, Madrid, Spain
0.8 km from city centre
Free Wi-Fi
Airport shuttle
$153
Avg. per night
$207
Avg. per night
$117
Avg. per night
$221
Avg. per night
$192
Avg. per night
Cheapest Budget hotels in Madrid, Spain
Discover affordable stays in Madrid, Spain that provide a quality experience without breaking the bank. Hotels in Madrid, Spain can be found for as low as $33 per night. There is currently one property in Madrid, Spain that can be booked for this price. Hostel Center Madrid is one of the hotels that can be booked for the lowest price in Madrid, Spain. Price data was last updated on 20 March 2025
These are the lowest prices we've found on hotels in Madrid at the moment. If you have the flexibility, change the dates selected to compare prices.
Show all 2,705 hotels
$33
Avg. per night
$37
Avg. per night
$40
Avg. per night
$41
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$45
Avg. per night
$46
Avg. per night
Calle Gran Vía, 6 - 1, Madrid, Spain
0.6 km from city centre
Free Wi-Fi
Air conditioning
$47
Avg. per night
C/ Ventura de la Vega, 5, Madrid, Spain
0.4 km from city centre
Free Wi-Fi
Airport shuttle
$47
Avg. per night
$47
Avg. per night
Other accommodations in Madrid, Spain
Discover the ideal holiday rental or hostel for your stay in Madrid, Spain. Choose from a variety of options among the available accommodations. Listings are regularly updated, with the latest information as of 20 March 2025.
Show all 10,816 stays
$188
Avg. per night
Calle De Fray Ceferino Gonzalez, 1 Traslados, Madrid, Spain
0.7 km from city centre
Free Wi-Fi
$134
Avg. per night
$49
Avg. per night
$294
Avg. per night
$158
Avg. per night
$235
Avg. per night
$367
Avg. per night
$205
Avg. per night
$169
Avg. per night