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The 10 Best Budget Hotels in Madrid, Spain

Check out our selection of great cheap hotels in Madrid

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Wonderful: 9+ Very Good: 8+ Good: 7+ Pleasant: 6+
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In the Arganzuela district of Madrid, close to Puerta de Toledo, Bob W Arte has free WiFi and a washing machine. This recently renovated aparthotel is located 1.8 km from Mercado San Miguel and 1.8 km from Plaza Mayor. The aparthotel features family rooms.

Beautiful well managed building . Attention to detail. The studio had everything we needed for a comfortable stay.

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9.3
Wonderful
1,412 reviews
Price from
$170
per night

Offering city views, 60 Balconies Iconic is an accommodation situated in Madrid, 600 metres from Thyssen-Bornemisza Museum and 700 metres from Gran Via. Free WiFi is available throughout the property and private parking is available on site. The property is 500 metres from Gran Via Metro Station, and within 600 metres of the city centre.

Excellent hotel near the center. The room (apartment) is very modern and beautiful, equipped with everything you need for a pleasant stay. We are more than satisfied with our stay. The receptionists are very friendly!

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9.2
Wonderful
1,041 reviews
Price from
$216
per night

Situated in the centre of Madrid, 700 metres from Plaza Mayor and 800 metres from Mercado San Miguel, Casa du Soleil offers free WiFi and air conditioning. Boasting luggage storage space, this property also provides guests with a sun terrace. The guest house also offers facilities for disabled guests.

Very pleasant staff and beautiful room

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9.3
Wonderful
1,381 reviews
Price from
$133
per night

Offering city views, Woohoo Rooms Boutique Sol is an accommodation situated in Madrid, 1.4 km from Reina Sofia Museum and less than 1 km from Thyssen-Bornemisza Museum. Among the facilities at this property are a lift and full-day security, along with free WiFi throughout the property. The property is 500 metres from Gran Via Metro Station, and within 200 metres of the city centre.

Location, personnel, room,. Everything!

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9.3
Wonderful
2,128 reviews
Price from
$138
per night

In the Centro district of Madrid, close to Gran Via Metro Station, Morar Apartments Malasaña features a terrace and a washing machine. Among the facilities at this property are a 24-hour front desk and a lift, along with free WiFi throughout the property. The property is 400 metres from Gran Via, and within 600 metres of the city centre.

Location - Cleanliness - Hosting

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9.1
Wonderful
1,923 reviews
Price from
$182
per night

Located in central Madrid, in Lavapiés district. The Central House Madrid Lavapiés has a restaurant, a bar, a shared lounge and an open-air patio. Boasting private and dormitory rooms, this property also provides guests with a rooftop terrace.

At The Central House Madrid Lavapiés, rooms are air-conditioned and come with a private bathroom with a shower. There is free WiFi available throughout.

The facilities were amazing and the bar is very good.

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9.1
Wonderful
5,328 reviews
Price from
$52
per night

Conveniently located in the Centro district of Madrid, Woohoo Rooms Fuencarral is set 500 metres from Gran Via, 1.1 km from Thyssen-Bornemisza Museum and 1.1 km from Plaza de España Metro Station. This 2-star hotel offers a tour desk, luggage storage space and free WiFi. The property is 700 metres from the city centre and 400 metres from Gran Via Metro Station.

Very convenient location in the center of the city + cozy, clean, modern and very comfortable room + very nice and friendly staff (who even before check-in answered all questions quickly and shared a lot of useful information) = a great stay in Madrid. Totally recommended

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9.2
Wonderful
1,744 reviews
Price from
$179
per night

Situated in Madrid, 3.6 km from IFEMA, Hotel BESTPRICE Alcalá provides accommodation with a terrace and private parking. With an outdoor swimming pool, the 1-star hotel has air-conditioned rooms with free WiFi, each with a private bathroom. The accommodation features a 24-hour front desk, room service and organising tours for guests.

Amazing hotel and staff within 5 mins walk to the metro (greenline straight into Madrid City). Room typical hotel, but super clean. Pool on roof was a bonus for kids and there is a huge walking park with playground within 2 mins to enjoy nature. We booked breakfast included which is at a small cafe about 2 mins walk away.

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9
Wonderful
7,242 reviews
Price from
$64
per night

Ideally situated in the Centro district of Madrid, Woohoo Rooms Hortaleza is situated 1 km from Thyssen-Bornemisza Museum, 400 metres from Gran Via and 2 km from El Retiro Park. This 2-star hotel offers a tour desk, luggage storage space and free WiFi. The property is 700 metres from the city centre and 300 metres from Gran Via Metro Station.

Everyone working there were really nice and friendly, the beds provided were superb.

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9.2
Wonderful
1,126 reviews
Price from
$110
per night

Located in Madrid, 200 metres from Mercado San Miguel and 600 metres from Royal Palace of Madrid, New Point Opera provides accommodation with free WiFi, air conditioning, a shared lounge and a terrace.

Great position and very well presented.

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9
Wonderful
2,717 reviews
Price from
$192
per night

Looking for a cheap hotel?

For those trying to save, these fun, budget hotels still have lots to offer, from WiFi to convenient locations. Popular with backpackers, many properties are set in central areas and include comfortable rooms with private or shared bathrooms. You’ll also find loads of options that feature 24-hour front desks and luggage storage.
Search cheap hotels in Madrid

Most booked cheap hotels in Madrid this month

Enjoy breakfast in Madrid!

  • Bob W Arte
    9.3
    Scored 9.3
    Wonderful
    Rated wonderful
     · 1,412 reviews

    Bob W Arte offers accommodations in Madrid, a 12-minute walk from Reina Sofia Museum and 3.4 miles from Retiro Park.

    It was very comfortable and close to the station Atocha

  • 60 Balconies Iconic
    9.2
    Scored 9.2
    Wonderful
    Rated wonderful
     · 1,041 reviews

    Just a 7-minute walk from Thyssen-Bornemisza Museum and 0.4 miles from Gran Via, 60 Balconies Iconic features accommodations in Madrid, with a rooftop pool.

    Very clean, perfect location, great value for money

  • The Central House Madrid Lavapiés
    9.1
    Scored 9.1
    Wonderful
    Rated wonderful
     · 5,328 reviews

    Located in central Madrid, in Lavapiés district. The Central House Madrid Lavapiés has a restaurant, a bar, a shared lounge and an open-air patio.

    Cool design building, bed was comfy and gives you privacy

  • Hotel BESTPRICE Alcalá
    9.0
    Scored 9.0
    Wonderful
    Rated wonderful
     · 7,242 reviews

    Located in Madrid, 2.2 mi from IFEMA, Hotel BESTPRICE Alcalá provides accommodations with a terrace and private parking.

    Nice guys at reception, near subway, direct line to the center

  • U-Sense Madrid Santa Ana
    9.1
    Scored 9.1
    Wonderful
    Rated wonderful
     · 1,354 reviews

    U-Sense Madrid Santa Ana is an apartment featuring rooms with free Wifi and air conditioning in the center of Madrid. There's a private entrance at the apartment for the convenience of those who stay.

    The location, the apartment, everything was great!

  • VP Plaza España Design
    9.2
    Scored 9.2
    Wonderful
    Rated wonderful
     · 1,901 reviews

    Located in Gran Via, in Madrid city center, VP Plaza España Design offers 5-star accommodations with parking, a wellness center.

    Very quiet in the rooms Lovely sky bar Great service

  • ICON Casona 1900
    9.1
    Scored 9.1
    Wonderful
    Rated wonderful
     · 1,148 reviews

    Set in a 19th-century building in the exclusive Salamanca neighborhood, ICON Casona 1900 by Petit Palace features stunning décor.

    Support received by Reception, in special, Mr. Jose.

  • Vincci The Mint
    9.1
    Scored 9.1
    Wonderful
    Rated wonderful
     · 4,206 reviews

    Featuring a stunning terrace with views of Madrid's most emblematic buildings, Vincci The Mint presents a new kind of accommodations in Madrid.

    Very good location, nice interior, nice personal☀️

Great access to the city center! Check these cheap hotels in Madrid

  • Exclusivo Apartamento en Sol
    9.9
    Scored 9.9
    Exceptional
    Rated exceptional
     · 7 reviews

    Exclusivo Apartamento en Sol is located in Madrid, just a 6-minute walk from Plaza Mayor and 0.4 miles from Mercado San Miguel. This apartment offers air-conditioned accommodations with a balcony.

  • New apartment in center Madrid!
    9.5
    Scored 9.5
    Exceptional
    Rated exceptional
     · 15 reviews

    New apartment in center Madrid! is a recently renovated apartment in the center of Madrid, a 1-minute walk from Puerta del Sol and 500 yards from Plaza Mayor.

    En apartamento es un lujo y el personal es excelente

  • Gran Hotel Inglés - The Leading Hotels of the World
    9.4
    Scored 9.4
    Wonderful
    Rated wonderful
     · 861 reviews

    Located in the Barrio de las Letras, Gran Hotel Inglés - The Leading Hotels of the World is set on a 19th century building, and offers 5* accommodations 984 feet from Puerta del Sol and only 1969 feet...

    Excellent position. Lovely beds and good sized room

  • Hotel Regina
    9.3
    Scored 9.3
    Wonderful
    Rated wonderful
     · 9,825 reviews

    The Regina has a superb location in the heart of Madrid, next to the famous Puerta del Sol and 328 feet from Sevilla metro station. It offers a rich breakfast, and free Wi-Fi access.

    Very clean, very beautiful and very friendly staff ☺️

  • ARTIEM Madrid
    9.3
    Scored 9.3
    Wonderful
    Rated wonderful
     · 1,940 reviews

    ARTIEM Madrid is located in Madrid’s commercial center, a 15-minute drive from Barajas Airport. Free WiFi is provided. Rooms are comfortable and spacious.

    Staff hotel was really polite . Her name was Laura

  • Remanso de luz y silencio en plena Puerta del Sol
    9.3
    Scored 9.3
    Wonderful
    Rated wonderful
     · 15 reviews

    Remanso de luz y silencio en plena Puerta del Sol is a recently renovated apartment in the center of Madrid, a 6-minute walk from Gran Via Station Metro Station and 0.8 miles from Reina Sofia Museum.

    Muy céntrico pero nada ruidoso. Acogedor y limpio.

  • Bright & Spacious- City Center- 2Rooms-2Bathrooms
    9.3
    Scored 9.3
    Wonderful
    Rated wonderful
     · 44 reviews

    Bright & Spacious- City Center- 2Rooms-2Bathrooms is located in Madrid, just a 7-minute walk from Plaza Mayor and 700 yards from Mercado San Miguel.

    Ubicación privilegiada,super limpio y el servicio muy amable.

  • Hotel Atlántico
    9.2
    Scored 9.2
    Wonderful
    Rated wonderful
     · 3,261 reviews

    Located on Madrid’s Gran Vía, next to Callao Metro Station and just 1640 feet from the Puerta del Sol, Hotel Atlántico offers air-conditioned rooms with free Wi-Fi.

    great helpful staff, clean room and excellent location

  • Woohoo Rooms Hortaleza
    9.2
    Scored 9.2
    Wonderful
    Rated wonderful
     · 1,130 reviews

    Ideally set in the Madrid City Center district of Madrid, Woohoo Rooms Hortaleza is located a 12-minute walk from Thyssen-Bornemisza Museum, 500 yards from Gran Via and 1.2 miles from Retiro Park.

    The staff is the best! Super friendly and helpful!

  • BNBHolder Apartamentos en Sol Deluxe 3
    9.2
    Scored 9.2
    Wonderful
    Rated wonderful
     · 24 reviews

    BNBHolder Apartamentos en Sol Deluxe 3 offers accommodations in Madrid, a 11-minute walk from Plaza de España Metro Station and 1.2 miles from Puerta de Toledo.

    Rooms, decoration, cleaness, building and location.

  • Apartamento en centro de Madrid
    9.2
    Scored 9.2
    Wonderful
    Rated wonderful
     · 9 reviews

    Just a 7-minute walk from Plaza Mayor and 700 yards from Mercado San Miguel, Apartamento en centro de Madrid features accommodations in Madrid with a terrace.

  • Hotel Montera Madrid, Curio Collection By Hilton
    9.0
    Scored 9.0
    Wonderful
    Rated wonderful
     · 306 reviews

    Hotel Montera Madrid, Curio Collection By Hilton has a seasonal outdoor swimming pool, fitness center, a terrace and restaurant in Madrid.

    Door staff particularly helpful. Very good location.

  • Apartamento Rosa Puerta del Sol
    9.1
    Scored 9.1
    Wonderful
    Rated wonderful
     · 159 reviews

    Apartamento Rosa Puerta del Sol is located in Madrid, just a 7-minute walk from Mercado San Miguel and 1.1 miles from Puerta de Toledo.

    The location is superb. The flat has everything. Rosa is wonderful

  • Thompson Madrid, by Hyatt
    9.0
    Scored 9.0
    Wonderful
    Rated wonderful
     · 386 reviews

    Ideally set in the center of Madrid, Thompson Madrid, by Hyatt has air-conditioned rooms, a seasonal outdoor swimming pool, free WiFi and a fitness center.

    Perfect location close to all shops , restaurants and famous hotels

  • Hotel Liabeny
    9.0
    Scored 9.0
    Wonderful
    Rated wonderful
     · 9,348 reviews

    Located just 656 feet from Puerta del Sol in the center of Madrid, Liabeny includes a gym with a sauna.

    Good location, friendly staff excellent breakfast.

  • 7 Islas Hotel
    9.0
    Scored 9.0
    Wonderful
    Rated wonderful
     · 5,088 reviews

    7 Islas Hotel is located 656 feet from Madrid’s Gran Via. It offers free Wi-Fi, and elegant rooms feature a marble bathroom with amenities, air conditioning and some include a terrace.

    Location was brilliant, staff were great, room was amazing

  • Posada del León de Oro Boutique Hotel
    9.0
    Scored 9.0
    Wonderful
    Rated wonderful
     · 1,805 reviews

    Posada del León de Oro is located in Madrid’s La Latina district, 328 feet from Plaza Mayor and 656 feet from La Latina Metro Station. It offers free Wi-Fi.

    Excellent staff and very charmy place. Highly recommend.

  • BNBHolder Apartamentos en Sol Deluxe 2
    9.0
    Scored 9.0
    Wonderful
    Rated wonderful
     · 22 reviews

    BNBHolder Apartamentos en Sol Deluxe 2 offers accommodations in Madrid, a 11-minute walk from Plaza de España Metro Station and 1.2 miles from Puerta de Toledo.

    Lage und die geschmackvolle Ausstattung, die mit vielen Details erfreut.

  • Apartamento en Sol centro ciudad
    9.0
    Scored 9.0
    Wonderful
    Rated wonderful
     · 17 reviews

    Apartamento en Sol centro ciudad offers accommodations in Madrid, a 7-minute walk from Mercado San Miguel and 1.1 miles from Puerta de Toledo.

    Emplacement idéal en plein centre, appartement très bien équipé.

  • B&B HOTEL Madrid Centro Puerta del Sol
    8.9
    Scored 8.9
    Excellent
    Rated excellent
     · 5,994 reviews

    Located in Madrid, 328 feet from Puerta del Sol, B&B HOTEL Madrid Centro Puerta del Sol features air-conditioned rooms with free WiFi throughout the property.

    Really big room Really good place in center of Madrid

  • UMusic Hotel Madrid
    8.9
    Scored 8.9
    Excellent
    Rated excellent
     · 2,184 reviews

    In a prime location in the center of Madrid, UMusic Hotel Madrid provides air-conditioned rooms, a seasonal outdoor swimming pool, free WiFi and a fitness center.

    All was perfect 💯 Good spot / Perfect brekfast!

  • The Madrid EDITION
    8.9
    Scored 8.9
    Excellent
    Rated excellent
     · 464 reviews

    Attractively set in the center of Madrid, The Madrid EDITION has air-conditioned rooms, a seasonal outdoor swimming pool, free WiFi and a fitness center.

    Staff exceptional - pool gorgeous - position great

  • Hyatt Centric Gran Via Madrid
    8.9
    Scored 8.9
    Excellent
    Rated excellent
     · 2,720 reviews

    Hyatt Centric Gran Via Madrid is located in the heart of Madrid and features a 24-hour gym, a bar and on-site dining. Gran Via Metro Station is 492 feet away.

    Great location, helpful staff willing to help at.any time.

  • INNSIDE by Meliá Madrid Gran Vía
    8.9
    Scored 8.9
    Excellent
    Rated excellent
     · 2,491 reviews

    The property offers accommodations in Madrid's central street of Gran Vía. The hotel features a restaurant, fitness center and rooftop bar. Free WiFi is provided.

    location dimensions of the room minibar on the house

  • BNBHolder Apartamentos en Sol Confort 9
    8.9
    Scored 8.9
    Excellent
    Rated excellent
     · 29 reviews

    BNBHolder Apartamentos en Sol Confort 9 is located in Madrid, just a 11-minute walk from Plaza de España Metro Station and 1.2 miles from Puerta de Toledo.

    la ubicación muy buena, limpieza y atención excelente

  • BNBHolder Apartamentos en Sol Confort 1
    8.9
    Scored 8.9
    Excellent
    Rated excellent
     · 60 reviews

    BNBHolder Apartamentos en Sol Confort 1 offers accommodations in Madrid, a 11-minute walk from Plaza de España Metro Station and 1.2 miles from Puerta de Toledo.

    The location was excellent. The fridge was a good size.

  • Hostal Ana Belen
    8.9
    Scored 8.9
    Excellent
    Rated excellent
     · 565 reviews

    Located on Madrid’s Puerta del Sol, Hostal Ana Belen offers air-conditioned rooms with a flat-screen TV and private balcony.

    Location great, comfortable bed and helpful staff.

  • Apartamento Smile Sol
    8.9
    Scored 8.9
    Excellent
    Rated excellent
     · 27 reviews

    Apartamento Smile Sol is located in Madrid, just a 13-minute walk from Plaza de España Metro Station and 1.1 miles from Puerta de Toledo.

    La ubicación no puede ser mejor, está atrás del ayuntamiento!

Stay connected in Madrid! Cheap hotels with free Wifi

  • Woohoo Rooms Boutique Sol
    9.3
    Scored 9.3
    Wonderful
    Rated wonderful
     · 2,128 reviews

    Woohoo Rooms Boutique Sol enjoys a location in Madrid, a 5-minute walk from Plaza Mayor and 700 yards from Mercado San Miguel.

    Friendly and helpful staff, comfy room and amazing location

  • Woohoo Rooms Fuencarral
    9.2
    Scored 9.2
    Wonderful
    Rated wonderful
     · 1,744 reviews

    Well situated in the Madrid City Center district of Madrid, Woohoo Rooms Fuencarral is located a 5-minute walk from Gran Via, 0.7 miles from Thyssen-Bornemisza Museum and a 13-minute walk from Plaza...

    location 10/10 cleaning 10/10 close to everywhere

  • New Point Opera
    9.0
    Scored 9.0
    Wonderful
    Rated wonderful
     · 2,717 reviews

    Located in Madrid, 656 feet from Mercado San Miguel and 1969 feet from Royal Palace of Madrid, New Point Opera provides accommodations with free WiFi, air conditioning, a shared lounge and a terrace.

    Perfect location Modern apartment Comfortable and quiet

  • Plaza Mayor Suites & Apartments
    9.0
    Scored 9.0
    Wonderful
    Rated wonderful
     · 3,461 reviews

    Plaza Mayor Suites & Apartments is an apartment featuring rooms with free Wifi and air conditioning in the center of Madrid.

    Had everything we needed. Spacious, clean and central

  • Oriente Palace Apartments
    9.0
    Scored 9.0
    Wonderful
    Rated wonderful
     · 3,118 reviews

    Set in Madrid City Center, just a 1-minute walk from the Royal Palace and 1312 feet from Plaza Mayor Square, Oriente Palace offers apartments and rooms with free WiFi.

    Beautiful rooms, great location, very friendly staff !

  • Only YOU Hotel Atocha
    9.1
    Scored 9.1
    Wonderful
    Rated wonderful
     · 7,567 reviews

    Set in a 19th-century building, Only You Hotel Atocha is located in Madrid, 492 feet from Madrid-Atocha Train Station. This hotel offers views over the Paseo Infanta Isabel and Calle Alfonso XII.

    Love this hotel - so stylish, great bar, great rooms.

  • Hostal Met Madrid
    9.0
    Scored 9.0
    Wonderful
    Rated wonderful
     · 3,796 reviews

    Hostal Met Madrid provides rooms in Madrid near Gran Via and Gran Via Station Metro Station.

    The location of the property is absolutely centric.

  • Onefam Sungate
    9.4
    Scored 9.4
    Wonderful
    Rated wonderful
     · 2,369 reviews

    Sungate Hostel is located in the very center of Madrid, 689 feet from Puerta del Sol and 5 minutes' walk away from Callao metro station and Gran Vía Avenue. Free WiFi access is available.

    Best hostel in Madrid with such nice staff and super activities

FAQ about cheap hotels in Madrid









Cheap hotels that guests love in Madrid

  • 8.8
    Scored 8.8
    Excellent
    Rated excellent
     · 2,765 reviews
    Excellent stay for a stopover in Madrid. The location was perfect for walking to go to bars, restaurants etc and the room was ideal for a cheap overnight stay. It is small but exceptionally clean, quiet and has ensuite bathroom. Would highly recommend and would stay again.
    Emma
    Family with young children
  • Avg. price/night: $184.76
    8.9
    Scored 8.9
    Excellent
    Rated excellent
     · 57 reviews
    Affordable hostal/ hotel in central location with modern facilities. And also very clean with friendly staff.
    Chidimma
    Young couple
  • Avg. price/night: $98.89
    8.0
    Scored 8.0
    Very Good
    Rated very good
     · 1,647 reviews
    The location is great -- right on Gran Via -- although prepare yourself, it might get a bit noisy. The hotel is very clean and has a daily room service (which was a surprise). The staff was extremely polite, friendly and helpful. We took the cheapest room and it was really small and old -- so if you want more comfort, it might not be a match. We loved the late checkout at 12pm. Overall, solid value for money.
    Kat AAA
    Young couple
  • 8.5
    Scored 8.5
    Very Good
    Rated very good
     · 1,483 reviews
    A budget room with shared bathroom, in a central location that was ideal after an evening flight into Madrid
    David
    Solo traveler
  • Avg. price/night: $288.36
    8.8
    Scored 8.8
    Excellent
    Rated excellent
     · 11,643 reviews
    Was in an ideal location. The rooms were excellent, very clean fantastic views from the window and the balcony overall very impressed.
    alan
    Family with young children
  • Avg. price/night: $341.76
    8.6
    Scored 8.6
    Excellent
    Rated excellent
     · 5,625 reviews
    Location was ideal, so central to everything. Apartment was spotless and had everything you would need. Very clean and spacious, modernly decorated. Roof top bar was beautiful aswell.
    Claire
    Young couple
  • 8.4
    Scored 8.4
    Very Good
    Rated very good
     · 980 reviews
    Excellent location and value for money in the centre of Madrid. It was spotlessly clean, quiet at night and the bed was very comfortable. It wasn't luxury, but for our budget it was ideal. Also nice to have a fridge and kettle too.
    Jake.R
    Young couple
  • 8.0
    Scored 8.0
    Very Good
    Rated very good
     · 2,879 reviews
    Good location, very clean shared bathroom, good value for money - you get what you pay for. Ideal for solo travellers/couples on a budget
    Zouch
    Travelers with friends
  • 7.2
    Scored 7.2
    Good
    Rated good
     · 72 reviews
    I was pleasantly surprised. Despite being cheap, the room was clean, cozy, and comfortable. The shared bathroom was also spotless, and the location was ideal 5 min from metro. The staff was friendly and helpful. I highly recommend this affordable accommodation for anyone visiting Madrid.
    Anton
    Young couple
  • Avg. price/night: $106.80
    8.6
    Scored 8.6
    Excellent
    Rated excellent
     · 753 reviews
    Great budget hotel in the middle of Madrid. Basic, but cheap and VERY clean. The staff seem to spend the whole day cleaning and polishing everything - I came back to my room to find that they had even cleaned a fingerprint from my window. Spotless!
    Matthew
    Solo traveler

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