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The Latest Deals for Budget hotels in Madrid

Discover well-known properties in Madrid, Spain that are favoured by visitors more than others. There are 2,607 hotels in Madrid, Spain and price data was last updated on 19 May 2026. The average price for a hotel in Madrid, Spain is $326/night.
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Exe Madrid Norte
Exe Madrid Norte

Exe Madrid Norte

Calle Martina Diaz, 4., Madrid, Spain
A restaurant, a bar/lounge, and a coffee shop/cafe are available at this smoke-free hotel. WiFi in public areas is free. Additionally, a seasonal outdoor pool, a business center, and conference space are onsite. Housekeeping is available on request. Exe Madrid Norte offers 134 accommodations with minibars and safes. LCD televisions come with satellite channels. Bathrooms include bathtubs or showers and hair dryers. This Madrid hotel provides complimentary wireless Internet access. Business-friendly amenities include desks and phones. Irons/ironing boards, change of towels, and change of bedsheets can be requested. Housekeeping is provided on request. Recreational amenities at the hotel include a seasonal outdoor pool.
Free Wi-Fi
8.5
Excellent
4190 reviews
Location
8.8 km from city centre
$134
View Deal
Hotel Escuela Madrid
Hotel Escuela Madrid

Hotel Escuela Madrid

Carretera de Colmenar Viejo Salidas 14 y 15 (Via de Servicio) Recinto Ciudad Escolar, Madrid, Spain
This smoke-free hotel features a meeting room, concierge services, and a 24-hour front desk. Free WiFi in public areas and free self parking are also provided. Additionally, free newspapers, tour/ticket assistance, and a garden are onsite. Hotel Escuela Madrid offers 67 air-conditioned accommodations with safes and irons/ironing boards. Flat-screen televisions are featured in guestrooms. Bathrooms include bathtubs or showers. This Madrid hotel provides complimentary wireless Internet access. Housekeeping is provided daily. The recreational activities listed below are available either on site or nearby; fees may apply.
Free Wi-Fi
Parking
8.5
Excellent
1504 reviews
Location
12.1 km from city centre
$103
View Deal
El Rincón de Gran Vía
El Rincón de Gran Vía

El Rincón de Gran Vía

Gran Vía 67, Madrid, Spain
Concierge services, a 24-hour front desk, and a computer station are available at this hostal. WiFi in public areas is free. Additionally, tour/ticket assistance, a TV in a common area, and a front-desk safe are onsite. El Rincon de Gran Via offers 29 accommodations with minibars and laptop-compatible safes. LCD televisions come with digital channels. Bathrooms include showers, complimentary toiletries, and hair dryers. Guests can surf the web using the complimentary wireless Internet access. Housekeeping is offered daily and hair dryers can be requested.
Free Wi-Fi
8.3
Excellent
12873 reviews
Location
1.0 km from city centre
$143
View Deal
Hispano Gran Vía
Hispano Gran Vía

Hispano Gran Vía

C/ Hortaleza, Nº38 - 2º, Madrid, Spain
Along with concierge services, this smoke-free hostal has express check-in and express check-out. WiFi in public areas is free. Additionally, tour/ticket assistance, multilingual staff assistance, and a reception hall are onsite. Hostal Hispano Gran Vía offers 29 air-conditioned accommodations with safes and complimentary toiletries. These individually decorated accommodations include desks. Beds feature down comforters. LCD televisions are featured in guestrooms. Bathrooms include showers with rainfall showerheads. This Madrid hostal provides complimentary wireless Internet access. Irons/ironing boards and hair dryers can be requested. Housekeeping is provided daily.
Free Wi-Fi
Airport shuttle
8.3
Excellent
2001 reviews
Location
0.8 km from city centre
$153
View Deal
H10 Tribeca
H10 Tribeca

H10 Tribeca

Pedro Teixeira 5, Madrid, Spain
This smoke-free hotel features a restaurant, a fitness center, and a bar/lounge. WiFi in public areas is free. Other amenities include a poolside bar, a seasonal outdoor pool, and a business center. H10 Tribeca offers 140 accommodations with minibars and safes. Beds feature down comforters. A pillow menu is available. Flat-screen televisions come with digital channels. Bathrooms include shower/tub combinations, bidets, complimentary toiletries, and hair dryers. This Madrid hotel provides complimentary wired and wireless Internet access. Business-friendly amenities include desks and phones. Housekeeping is provided daily. Recreational amenities at the hotel include a fitness center and a seasonal outdoor pool.
Free Wi-Fi
8.8
Excellent
3914 reviews
Location
4.5 km from city centre
$151
View Deal
Eco Via Lusitana
Eco Via Lusitana

Eco Via Lusitana

Calle Secoya, 2, Madrid, Spain
Along with laundry facilities, this hotel has a garden and free self parking.
Free Wi-Fi
8.2
Excellent
1612 reviews
Location
5.8 km from city centre
$135
View Deal
Hostal Castilla II Puerta del Sol
Hostal Castilla II Puerta del Sol

Hostal Castilla II Puerta del Sol

Calle Del Marques Viudo De Pontejos, 2, Madrid, Spain
This smoke-free hostal features a microwave in a common area, concierge services, and express check-out. WiFi in public areas is free. Additionally, tour/ticket assistance, multilingual staff assistance, and a vending machine are onsite. Hostal Castilla II - Puerta del Sol offers 23 air-conditioned accommodations with safes and coffee/tea makers. Each accommodation is individually furnished. Beds feature Egyptian cotton sheets. 22-inch LED televisions come with digital channels. Bathrooms include showers with rainfall showerheads, complimentary toiletries, and hair dryers. Guests can surf the web using the complimentary wireless Internet access. Business-friendly amenities include desks and phones. A nightly turndown service is provided and housekeeping is offered daily.
Free Wi-Fi
8.3
Excellent
4158 reviews
Location
0.1 km from city centre
$144
View Deal
Hotel Julia
Hotel Julia

Hotel Julia

Julián Camarillo 9, Madrid, Spain
A restaurant, a bar/lounge, and self parking are available at this smoke-free hotel. WiFi in public areas is free. Other amenities include a meeting room, concierge services, and dry cleaning. Limited housekeeping is available. Hotel Julia Madrid offers 47 accommodations with laptop-compatible safes and hair dryers. Flat-screen televisions are featured in guestrooms. Bathrooms include showers, bidets, and complimentary toiletries. 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
8.6
Excellent
2679 reviews
Location
6.3 km from city centre
$129
View Deal
Crisol Leganés
Crisol Leganés

Crisol Leganés

Calle de Esteban Terradas, 13, Madrid, Spain
Along with a bar/lounge, this smoke-free hotel has a snack bar/deli and a coffee shop/cafe. Free WiFi in public areas and free self parking are also provided. Additionally, concierge services, a 24-hour front desk, and express check-out are onsite. Housekeeping is available on request. Crisol Leganés offers 78 accommodations with minibars and safes. Cable television is provided. Bathrooms include showers and hair dryers. This Leganes hotel provides complimentary wireless Internet access. Business-friendly amenities include desks and phones. Irons/ironing boards, change of towels, and change of bedsheets can be requested. Housekeeping is provided daily.
Free Wi-Fi
8.7
Excellent
1485 reviews
Location
10.4 km from city centre
$108
View Deal
Hotel Mirador Puerta del Sol
Hotel Mirador Puerta del Sol

Hotel Mirador Puerta del Sol

Calle Montera 6, Madrid, Spain
Coffee/tea in a common area, concierge services, and a 24-hour front desk are available at this smoke-free hotel. WiFi in public areas is free. Additionally, express check-in, express check-out, and free newspapers are onsite. Hotel El Mirador Puerta del Sol offers 29 accommodations with safes and hair dryers. Beds feature down comforters and premium bedding. A pillow menu is available. Flat-screen televisions are featured in guestrooms. Bathrooms include bathtubs or showers with hydromassage showerheads, and complimentary toiletries. Guests can surf the web using the complimentary wireless Internet access. Business-friendly amenities include desks and phones. Housekeeping is provided daily.
Free Wi-Fi
Airport shuttle
8.6
Excellent
4697 reviews
Location
0.2 km from city centre
$143
View Deal
All 2,607 hotels in Madrid, Spain

HotelsCombined’s insights for budget hotels in Madrid

Use our HotelsCombined data-powered tips to help you find your next budget hotel in Madrid.

Which month has the lowest rates for budget hotels in Madrid?

July is the cheapest month to book a budget hotel in Madrid, with average nightly rates around $259. Prices are highest in October, when rates rise to about $419 per night.

What day of the week has the lowest rates for Madrid budget hotels?

Budget hotels in Madrid are most affordable on Mondays, with average nightly rates around $295. Sundays are usually the most expensive, averaging $428 per night.

How much is a budget hotel in Madrid tonight?

Users have found prices for budget hotels in Madrid tonight starting as low as $130, rising to an average cost of $673, based on searches in the last 72 hours. Prices start from $220 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 $176/night. If you’re specifically looking for a 3-star hotel this weekend, our users have found prices as low as $220/night. For a 4-star budget hotel in Madrid, the cheapest rate recently found was $176/night for this weekend.

What’s the recommended booking timeframe for Madrid budget hotels?

For the best rates, it's recommended to book your Madrid budget hotel at least 81 days before your stay.

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Top-rated Budget hotels in Madrid, Spain

Browse through properties in Madrid, Spain that have received the highest ratings from guests. There are currently 2,607 properties in Madrid, Spain and data was last updated on 19 May 2026.
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.
Hostal Aresol
Hostal Aresol

Hostal Aresol

C/ Arenal, 6, Madrid, Spain
0.2 km from city centre
Free Wi-Fi
$146
Avg. per night
View Deal
Cason Del Tormes
Cason Del Tormes

Cason Del Tormes

Calle Del Rio, 7, Madrid, Spain
1.0 km from city centre
Free Wi-Fi
$144
Avg. per night
View Deal
Eurostars Puerta Madrid
Eurostars Puerta Madrid

Eurostars Puerta Madrid

Juan Rizi, 5, Madrid, Spain
6.7 km from city centre
Free Wi-Fi
$131
Avg. per night
View Deal
Hostal San Lorenzo
Hostal San Lorenzo

Hostal San Lorenzo

Calle Clavel 8, Madrid, Spain
0.6 km from city centre
Free Wi-Fi
$140
Avg. per night
View Deal
Hotel Suites Feria de Madrid
Hotel Suites Feria de Madrid

Hotel Suites Feria de Madrid

Moscatelar 31, Madrid, Spain
6.6 km from city centre
Free Wi-Fi
$130
Avg. per night
View Deal
Sercotel Alcalá 611
Sercotel Alcalá 611

Sercotel Alcalá 611

Calle Alcala, 611, Madrid, Spain
8.5 km from city centre
Free Wi-Fi
$136
Avg. per night
View Deal
Flat55madrid
Flat55madrid

Flat55madrid

Calle de San Bernardo 55, Madrid, Spain
1.2 km from city centre
Free Wi-Fi
Airport shuttle
$103
Avg. per night
View Deal
Erase un Hotel
Erase un Hotel

Erase un Hotel

Calle de Bravo Murillo, 304, Madrid, Spain
5.3 km from city centre
Free Wi-Fi
$125
Avg. per night
View Deal
Hostal El Pilar
Hostal El Pilar

Hostal El Pilar

Calle De Las Carretas, 13, Madrid, Spain
0.0 km from city centre
Free Wi-Fi
$129
Avg. per night
View Deal
Hostal Victoria II
Hostal Victoria II

Hostal Victoria II

Carretas, 3 2º - 4º, Madrid, Spain
0.1 km from city centre
Free Wi-Fi
$129
Avg. per night
View Deal
Hotel Ilunion Alcalá Norte
Hotel Ilunion Alcalá Norte

Hotel Ilunion Alcalá Norte

Calle De San Romualdo, 30, Madrid, Spain
7.3 km from city centre
Free Wi-Fi
$141
Avg. per night
View Deal
Hostal Abril Madrid
Hostal Abril Madrid

Hostal Abril Madrid

Calle Fuencarral 39 Dcha 4, Madrid, Spain
0.8 km from city centre
Free Wi-Fi
$116
Avg. per night
View Deal
ibis Madrid Aeropuerto Barajas
ibis Madrid Aeropuerto Barajas

ibis Madrid Aeropuerto Barajas

49 Avenida General, Madrid, Spain
12.0 km from city centre
Free Wi-Fi
$140
Avg. per night
View Deal
Exe Plaza
Exe Plaza

Exe Plaza

Paseo De La Castellana 191, Madrid, Spain
5.9 km from city centre
Free Wi-Fi
$145
Avg. per night
View Deal

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 19 May 2026.
Tgh Gran Via Apartments
Tgh Gran Via Apartments

Tgh Gran Via Apartments

Madrid, Spain
0.7 km from city centre
Air conditioning
Airport shuttle
$250
Avg. per night
View Deal
Apartamentos Juan Bravo
Apartamentos Juan Bravo

Apartamentos Juan Bravo

Madrid, Spain
3.1 km from city centre
Air conditioning
$180
Avg. per night
View Deal
Aparthotel G3 Galeon
Aparthotel G3 Galeon

Aparthotel G3 Galeon

Madrid, Spain
4.8 km from city centre
Air conditioning
$134
Avg. per night
View Deal
Catalonia Atocha
Catalonia Atocha

Catalonia Atocha

Atocha, 81, Madrid, Spain
0.6 km from city centre
Free Wi-Fi
$241
Avg. per night
View Deal
Intelier Palacio San Martin
Intelier Palacio San Martin

Intelier Palacio San Martin

Plaza San Martin, 5, Madrid, Spain
0.5 km from city centre
Free Wi-Fi
$210
Avg. per night
View Deal
Hotel Cortezo
Hotel Cortezo

Hotel Cortezo

Doctor Cortezo, 3, Madrid, Spain
0.2 km from city centre
Free Wi-Fi
$206
Avg. per night
View Deal
The Hat Madrid
The Hat Madrid

The Hat Madrid

Calle Imperial 9, Madrid, Spain
0.4 km from city centre
Free Wi-Fi
$155
Avg. per night
View Deal
Motion Chueca Hostel
Motion Chueca Hostel

Motion Chueca Hostel

Plaza Pedro Zerolo, 3, Madrid, Spain
0.7 km from city centre
Airport shuttle
$78
Avg. per night
View Deal
Far Home Atocha
Far Home Atocha

Far Home Atocha

Calle Atocha, 45, Madrid, Spain
0.3 km from city centre
Free Wi-Fi
Airport shuttle
$106
Avg. per night
View Deal
Hostal Abadia Madrid
Hostal Abadia Madrid

Hostal Abadia Madrid

Calle Luis Velez De Guevara 2, Madrid, Spain
0.2 km from city centre
Free Wi-Fi
Airport shuttle
$170
Avg. per night
View Deal

Explore Madrid

Explore different neighbourhoods and areas within Madrid, Spain to find the perfect location for your stay. Map data was last updated on 19 May 2026.
Navigate to the areas in Madrid you plan to visit to find hotels that are close by. Clicking on a hotel name will take you to a page with pricing, reviews, and more useful information.

Madrid Budget hotels - FAQs

Find useful tips and insights about staying in Madrid to help you make the most of your experience. FAQs were last updated on 19 May 2026.

  • Can you book a 5-star budget hotels in Madrid?

    If you're looking to make your Madrid stay extra special, then consider staying at one of the top-rated hotels. The highest-rated budget hotels are Hyatt Centric Gran Via Madrid ($474/night), Vp Plaza España Design ($347/night), and Barceló Imagine ($229/night).

  • How many budget hotels are there in total in Madrid?

    There are 2,607 Madrid budget hotels available out of a total 10,235 hotels that you can book on HotelsCombined.

  • Which are the most popular Madrid budget hotels?

    HotelsCombined users’ favourite budget hotels in Madrid are Vértice Roomspace Madrid, Hotel Cortezo, and Ilunion Atrium. With a rating of 9.0/10, Ilunion Atrium is the highest-rated hotel.

Find better results for your stay in Madrid, Spain