Madrid Cheap Hotels

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Our top choices for Madrid cheap hotels

Hotel Atlantico Madrid

Hotel Atlantico Madrid
4.0 star property
Madrid Centro
9.8 out of 10, Exceptional, (2,192 reviews)
"Clean, helpful staff, well located"
United States
Clifford
The price is HK$2,257
HK$2,482 total
includes taxes & fees
5 Feb - 6 Feb
Hotel Atlantico Madrid

Four Points Flex by Sheraton Madrid Atocha

Four Points Flex by Sheraton Madrid Atocha
2.0 star property
Arganzuela
8.4 out of 10, Very good, (1,176 reviews)
"Basic room amenities but clean modern, good for a few night, and very close to Aldi supermarket and metro station "
United Kingdom
Michael
The price is HK$570
HK$627 total
includes taxes & fees
22 Feb - 23 Feb
Four Points Flex by Sheraton Madrid Atocha

Hotel Regina

Hotel Regina
4.0 star property
Madrid Centro
9.8 out of 10, Exceptional, (2,254 reviews)
"Very nice hotel, very clean and friendly staff."
United States
ALYSSA
The price is HK$1,890
HK$2,079 total
includes taxes & fees
7 Feb - 8 Feb
Hotel Regina

NH Collection Madrid Suecia

NH Collection Madrid Suecia
5.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,000 reviews)
"The staff was very friendly and helpful at all times. We felt welcomed. The location was great and convenient. "
United States
Ana
The price is HK$1,458
HK$1,604 total
includes taxes & fees
8 Feb - 9 Feb
NH Collection Madrid Suecia

Hotel Liabeny

Hotel Liabeny
4.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,496 reviews)
"Great location, room and staff!!"
United States
Scott
Hotel Liabeny

Hard Rock Hotel Madrid

Hard Rock Hotel Madrid
4.5 star property
Arganzuela
9.4 out of 10, Exceptional, (2,515 reviews)
"Great place"
United States
ryan shelby
The price is HK$1,508
HK$1,659 total
includes taxes & fees
5 Feb - 6 Feb
Hard Rock Hotel Madrid

Hotel Mediodia

Hotel Mediodia
2.0 star property
Madrid Centro
9.0 out of 10, Wonderful, (1,000 reviews)
"The staff and room was absolutely incredible "
United States
Jacqueline
The price is HK$838
HK$922 total
includes taxes & fees
6 Feb - 7 Feb
Hotel Mediodia

SLEEP’N Atocha – B Corp Certified

SLEEP’N Atocha – B Corp Certified
2.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,638 reviews)
"It's great for a one night stay. "
United States
Alan
The price is HK$964
HK$1,060 total
includes taxes & fees
10 Feb - 11 Feb
SLEEP’N Atocha – B Corp Certified

Hotel Europa

Hotel Europa
3.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (1,010 reviews)
"Great hotel "
United States
Ernest
Hotel Europa

NH Madrid Barajas Airport

NH Madrid Barajas Airport
Barajas
8.8 out of 10, Excellent, (1,237 reviews)
"Very nice hotel, close to the airport. Convenient breakfast and dinner (I'm sure lunch, too). It was a nice stay and the shuttle to the airport was a special convenience."
United States
Warren
The price is HK$737
HK$811 total
includes taxes & fees
8 Feb - 9 Feb
NH Madrid Barajas Airport
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 travellers seeking affordable yet enriching experiences in the greater Madrid area, there are several attractions that won't break the bank. Start your adventure at the iconic Retiro Park, where you can enjoy peaceful walks, rent a rowboat on the lake, or marvel at the stunning Crystal Palace, all for free or at minimal cost. Next, explore the vibrant Mercado de San Miguel, a historic market brimming with gourmet tapas and local delicacies; sampling a variety of dishes is both affordable and delicious, making it a perfect spot for food lovers. Don't miss the chance to visit Madrid's stunning Royal Palace, where you can take free entry on certain weekdays, allowing you to wander through opulent halls and beautiful gardens without spending a euro. For a taste of local culture, the Lavapiés neighbourhood offers a colourful blend of street art, diverse cuisine, and vibrant markets, perfect for a leisurely stroll or a budget-friendly meal at one of its many eateries. Consider staying in the Malasaña district, known for its bohemian vibe and affordable hotels, where you can unwind after a day of exploration. The area is dotted with quirky cafes and vintage shops, providing a unique atmosphere that perfectly complements your Madrid adventure.

Find the best cheap hotels in Madrid (and vicinity)

Exploring Madrid on a budget doesn't mean sacrificing comfort. Here are some top value hotels that offer excellent amenities without breaking the bank.

Apartosuites Jardines de Sabatini

  • Why it's great for a budget-friendly vacation: Apartosuites Jardines de Sabatini is an exceptional choice for budget-friendly accommodation in a scenic area. With a stellar review rating of 9.6, this hotel ensures guests can enjoy free WiFi and toiletries while providing a cozy feel with kitchen facilities. Its nearby historical sites makes it a convenient base for sightseeing without overspending.
  • Other amenities: The hotel offers an array of features including 24-hour airport shuttle service, making arrivals and departures straightforward. Guests can also enjoy a rooftop terrace with stunning views, as well as a fitness centre for maintaining exercise routines. Self-parking is available nearby, and the concierge can assist with local attractions and dining recommendations to enhance the stay.
  • Neighborhood: Moncloa-Aravaca
  • Nearby attractions: Plaza de España - Princesa - 0 km, Gran Via - 0.6 km

Suites Viena Plaza de España

  • Why it's great for a budget-friendly vacation: Suites Viena Plaza de España is a fantastic option for budget travellers looking for a central location near key attractions. With a strong review rating of 9.2, this hotel offers free WiFi and toiletries to ensure guests have a comfortable stay at an affordable price. The hotel’s terrace provides a lovely space to unwind after a day of sightseeing in Madrid.
  • Other amenities: Guests can enjoy convenient amenities such as 24-hour airport shuttle service and self-parking options. The hotel features kitchenettes in the rooms, complete with essential appliances for easy meal preparation. Additional features include a fitness centre, daily housekeeping, and a concierge service to assist with local explorations and recommendations, ensuring a well-rounded and enjoyable stay.
  • Neighborhood: Moncloa - Arguelles
  • Nearby attractions: Plaza de España - Princesa - 0 km, Gran Via - 0.7 km, Royal Palace of Madrid - 0.9 km

Zleep Hotel Madrid Airport

  • Why it's great for a budget-friendly vacation: Zleep Hotel Madrid Airport is a fantastic choice for budget-conscious travellers needing a convenient and comfortable stay near the airport. With a solid traveler review rating of 8.8, this hotel provides all the essentials including complimentary WiFi and a scheduled airport shuttle service, making it easy to catch your flight without hassle.
  • Other amenities: Guests can enjoy self-parking options, a kitchenette in their rooms, and a mini-refrigerator for added convenience. The hotel also offers early check-in, daily housekeeping, and a concierge service to assist with local inquiries. A hosted evening meal option is available, and there are fitness facilities for those looking to maintain their routine while travelling. The presence of a snack bar ensures that travelers have access to refreshments at any time.
  • Neighborhood: San Blas-Canillejas
  • Nearby attractions: Plenilunio Shopping Mall - 6.5 km, Aquopolis - 3.2 km, El Capricho Park - 7.2 km

Top Madrid Hotel Reviews

Frequently asked questions

What is Madrid like for travellers on a budget?
Madrid has a variety of cheap accommodation options and places to visit, making it a great holiday choice for budget-conscious travellers. In addition to its well-known attractions such as Gran Via and Puerta del Sol, 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 accommodation in Madrid?
Based on reviews, Hotel Riu Plaza España is a popular hotel for our travellers who want a more economical choice, and features free Wi-Fi and 2 bars/lounges. Other good options to stay on the cheap include Four Points Flex by Sheraton Madrid Atocha and Velvet Hostel Business.
How many cheap hotels will I find in Madrid?
Choose a hotel that suits your wallet from Expedia's 328 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, but bear 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 temperature of 25°C, while the coldest months are January and February, with an average of 7°C. Average annual precipitation for Madrid is 420 mm.
What is there to see and do in Madrid?
Madrid attracts visitors with its top museums and theatre 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 Gran Via and Puerta del Sol, and choose other low-cost activities to fill your itinerary. Head to Preciados Street and Fnac for some bargain shopping, or hunt for deals at San Miguel 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 nearest airport is Madrid (MAD-Adolfo Suárez Madrid-Barajas), situated 7.9 mi (12.8 km) away. You can walk to nearby metro stations including Sol Station, Gran Via Station and Callao Station.

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