|Most expensive month:||December|
|Average price in Madrid:||$57/night|
|Absolute cheapest price found:||$3/night|
|Most expensive day:||Saturday|
On average, it’s $58/night for a hostel in Madrid, though $33/night or less would be considered a good deal. The least expensive hostel our users have found recently was for $3/night in Madrid. Try to avoid booking your hostel in November (the most expensive month). Booking in October (the cheapest month) could save you money.
With an average review score of 9.2 (out of 10) from 1,981 HotelsCombined users, Sungate One is considered the best Madrid hostel.
Roisa Hostal Boutique is 9.8 km away from Madrid Barajas Airport, making it the closest Madrid hostel to the city’s most popular airport.
Centro is the most popular area of Madrid to stay in. In the past year, 8% of HotelsCombined users looking for Madrid hostels searched within Centro. Room007 Ventura Hostel is a popular hostel in Centro if you choose to stay in the area.
The most popular Madrid hostel near Plaza de Espana is Generator Madrid. Generator Madrid has a rating of 8.6/10 from 5,194 HotelsCombined users and it’s located just 0.5 km from Plaza de Espana.
Hostels in Madrid tend to have a more active social scene than hotels, so they’re perfect for outgoing travellers looking to meet other people. Madrid hostels are, on average, cheaper than other stays in the city due to their dorm-style sleeping quarters. However, this means you can spend your money elsewhere such as on local tours and events.