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The 10 Best Budget Hotels in Madrid, Spain

Check out our pick of great cheap hotels in Madrid

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Superb: 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.

Great location and a very cosy, comfortable and well-equipped apartment close to the heart of Madrid. The owners were very responsive and the keyless entrance made the stay even more comfortable.

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9.3
Superb
1,430 reviews
Price from
£143
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.

really nice apartment with very comfortable beds. it was very clean and the location is so convenient for exploring the city. everything seemed new and the design of the apartment was really nice. the kitchen is super equipped with everything you might need.

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9.2
Superb
1,052 reviews
Price from
£165
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.

Facilities, decorations, free food, prestige

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9.3
Superb
1,405 reviews
Price from
£113
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.

The location is amazing, so convenient to go for the food or shopping. As it’s just right next to the Sol Plaza. The facility in room is also very well prepared, everything u need is in the room, they even prepare a small gift. Also, the shower and the bed is very comfortable too.

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9.3
Superb
2,147 reviews
Price from
£97
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.

Large apartment, well equipped, centrally located, modern decoration, comfortable beds, strong A/C, great host, did well and beyond to accommodate our special needs for early checkin and post checkout luggage watch. Offered help with transportation. Was really a great stay!

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9.1
Superb
1,933 reviews
Price from
£168
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.

Staff was pretty nice, and polite and respectfull. i liked the way they set up the curtins, so it can isolate the outside completly (which most hostels ive been to, either dont have or have bad curtins). also i liked very much the place generally. good location pretty central but not in a dangerous area (even though madrid is not dangerous)

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9.1
Superb
5,418 reviews
Price from
£25
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.

Friendly helpful staff. Clean rooms & good facilities. Great location

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9.2
Superb
1,749 reviews
Price from
£147
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.

This hotel is located very close by metro to the main attractions. Besides that, all the receptionists are always willing to help with a big smile in their faces. I really had a great time there. I will stay there again after my upcoming trips.

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9
Superb
7,276 reviews
Price from
£53
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.

Habitaciones renovadas, muy cerca de todo caminando y staff amable

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9.1
Superb
1,113 reviews
Price from
£115
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.

it was very modern and clean. what set it apart was the exceptional hospitality of each one of the desk clerks,particularly Jose, who helped us purchase train tickets as we were experiencing difficulties with the Renfe website.

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9
Superb
2,738 reviews
Price from
£128
per night

Looking for a cheap hotel?

For those on a budget, these cheap and cheerful hotels still have a lot to offer, with most offering WiFi and convenient locations. Popular with backpackers, many properties can be found in central locations and include comfortable rooms with private or shared bathrooms. You’ll also find a number of options which feature a 24-hour front desk and luggage storage.
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Most booked cheap hotels in Madrid this month

Enjoy breakfast in Madrid!

  • VP Plaza España Design
    9.2
    Scored 9.2
    Superb
    Rated superb
     · 1,916 reviews

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

    Very quiet in the rooms Lovely sky bar Great service

  • ICON Casona 1900
    9.1
    Scored 9.1
    Superb
    Rated superb
     · 1,156 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
    Superb
    Rated superb
     · 4,217 reviews

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

    Everything was nice and clean. Stuff is so friendly

  • Only YOU Hotel Atocha
    9.1
    Scored 9.1
    Superb
    Rated superb
     · 7,585 reviews

    Set in a 19th-century building, Only You Hotel Atocha is located in Madrid, 150 metres 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.

  • Artrip Hotel
    9.1
    Scored 9.1
    Superb
    Rated superb
     · 1,634 reviews

    Situated in Madrid’s Lavapiés district, this art hotel offers functional rooms with free Wi-Fi and private bathrooms. It has a 24-hour reception desk and is 10 minutes’ walk from Atocha Metro Station.

    Great room and Javier was excellent in reception!!

  • Barceló Imagine
    9.1
    Scored 9.1
    Superb
    Rated superb
     · 3,413 reviews

    Located 600 meters from Plaza Castilla, Barceló Imagine features avant-garde style and a rooftop terrace with an outdoor pool and garden.

    the Hotel facilities, the room as well as breakfast.

  • Hotel Regina
    9.3
    Scored 9.3
    Superb
    Rated superb
     · 9,678 reviews

    The Regina has a superb location in the heart of Madrid, next to the famous Puerta del Sol and 100 metres from Sevilla metro station. It offers a rich breakfast, and free Wi-Fi access.

    Very clean, very beautiful and very friendly staff ☺️

  • ICON Wipton
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 1,604 reviews

    ICON Wipton is in the centre of the Jorge Juan street, an exclusive shopping area in the Salamanca-Serrano neighbourhood. This stylish hotel boutique occupies an early-20th century building.

    great location , quality of the furniture and bathroom

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

  • Gran Hotel Inglés - The Leading Hotels of the World
    9.4
    Scored 9.4
    Superb
    Rated superb
     · 869 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* accommodation 300 metres from Puerta del Sol and only 600...

    Excellent position. Lovely beds and good sized room

  • 9.4
    Scored 9.4
    Superb
    Rated superb
     · 240 reviews

    Opulent and exclusive Mandarin Oriental Ritz, Madrid is located in a Belle Époque palace and offers an experience unlike any other.

    everyone was so accomodating and so service minded

  • Palacio de los Duques Gran Meliá - The Leading Hotels of the World
    9.2
    Scored 9.2
    Superb
    Rated superb
     · 1,155 reviews

    Palacio de los Duques Gran Meliá - The Leading Hotels of the World is located 300 metres from Madrid's Royal Palace, the Royal Theatre and the Cathedral.

    the staff where lovely Breakfast was outstanding

  • Hotel Atlántico
    9.2
    Scored 9.2
    Superb
    Rated superb
     · 3,293 reviews

    Located on Madrid’s Gran Vía, next to Callao Metro Station and just 500 metres 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 Fuencarral
    9.2
    Scored 9.2
    Superb
    Rated superb
     · 1,749 reviews

    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.

    location 10/10 cleaning 10/10 close to everywhere

  • UVE Marcenado
    9.2
    Scored 9.2
    Superb
    Rated superb
     · 3,904 reviews

    Located between Barajas Airport and Madrid city centre, UVE Marcenado is 100 metres from Prosperidad Metro Station. It offers modern, air-conditioned rooms with free Wi-Fi and flat-screen TV.

    Everything was very clean, the location and breakfast

  • Atocha Hotel Madrid, Tapestry Collection by Hilton
    9.1
    Scored 9.1
    Superb
    Rated superb
     · 490 reviews

    Attractively set in the centre of Madrid, Atocha Hotel Madrid, Tapestry Collection by Hilton features air-conditioned rooms, a shared lounge, free WiFi and a garden.

    The shower and amenities in the room were excellent.

  • Woohoo Rooms Hortaleza
    9.1
    Scored 9.1
    Superb
    Rated superb
     · 1,113 reviews

    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.

    The staff is the best! Super friendly and helpful!

  • Thompson Madrid, by Hyatt
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 392 reviews

    Attractively located in the centre of Madrid, Thompson Madrid, by Hyatt features air-conditioned rooms, a seasonal outdoor swimming pool, free WiFi and a fitness centre.

    Perfect location close to all shops , restaurants and famous hotels

  • Hotel Liabeny
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 9,384 reviews

    Located just 200 metres from Puerta del Sol in the centre of Madrid, Liabeny includes a gym with a sauna.

    Good location, friendly staff excellent breakfast.

  • Hotel Montera Madrid, Curio Collection By Hilton
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 313 reviews

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

    Amazing location and the 9th floor areas, fabulous.

  • Preciados
    Central location
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 4,014 reviews

    The Hotel Preciados is located in the heart of Madrid, 5 minutes’ walk from the Puerta del Sol. It offers modern services, including free Wi-Fi access and free minibar in rooms.

    The staff very helpful and restaurant was wonderful

  • 7 Islas Hotel
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 5,103 reviews

    7 Islas Hotel is located 200 metres 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
    Superb
    Rated superb
     · 1,811 reviews

    Posada del León de Oro is located in Madrid’s La Latina district, 100 metres from Plaza Mayor and 200 metres from La Latina Metro Station. It offers free Wi-Fi.

    Excellent staff and very charmy place. Highly recommend.

  • I'M Room Suites Nuevos Ministerios - Bernabeu 'Digital Access'
    8.9
    Scored 8.9
    Fabulous
    Rated fabulous
     · 189 reviews

    Ideally located in the Tetuan district of Madrid, I'M Room Suites Nuevos Ministerios - Bernabeu 'Digital Access' is situated 3.9 km from Gran Via Metro Station, 3.9 km from Temple of Debod and 3.9 km...

    Check-in was easy. Room was compact, but clean and comfortable.

  • B&B HOTEL Madrid Centro Puerta del Sol
    8.9
    Scored 8.9
    Fabulous
    Rated fabulous
     · 5,965 reviews

    Situated in Madrid, 100 metres from Puerta del Sol, B&B HOTEL Madrid Centro Puerta del Sol boasts 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
    Fabulous
    Rated fabulous
     · 2,231 reviews

    Well situated in the centre of Madrid, UMusic Hotel Madrid offers air-conditioned rooms, a seasonal outdoor swimming pool, free WiFi and a fitness centre.

    All was perfect 💯 Good spot / Perfect brekfast!

  • The Madrid EDITION
    8.9
    Scored 8.9
    Fabulous
    Rated fabulous
     · 472 reviews

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

    Staff exceptional - pool gorgeous - position great

  • Hyatt Centric Gran Via Madrid
    8.9
    Scored 8.9
    Fabulous
    Rated fabulous
     · 2,731 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 150 metres away.

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

  • INNSIDE by Meliá Madrid Gran Vía
    8.9
    Scored 8.9
    Fabulous
    Rated fabulous
     · 2,516 reviews

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

    location dimensions of the room minibar on the house

  • Riu Plaza España
    8.9
    Scored 8.9
    Fabulous
    Rated fabulous
     · 29,283 reviews

    Well situated in the centre of Madrid, Riu Plaza España features air-conditioned rooms, a restaurant, free WiFi and a bar. This 4-star hotel offers room service and a concierge service.

    Great helpful staff. Very nice breakfast. Good location.

  • VP Jardín de Recoletos
    8.9
    Scored 8.9
    Fabulous
    Rated fabulous
     · 1,228 reviews

    Located 200 metres from Madrid’s Recoletos Station, VP Jardín de Recoletos is a 5-minute walk from Retiro Park. It offers free Wi-Fi and spacious rooms with a kitchenette, seating area and terrace.

    staff very friendly and helpful. clean and roomy bedrooms.

  • Chic & Basic dot
    8.8
    Scored 8.8
    Fabulous
    Rated fabulous
     · 2,971 reviews

    Situated conveniently in the Centro district of Madrid, Chic & Basic dot is set 500 metres from Plaza Mayor, 300 metres from Gran Via and 300 metres from Puerta del Sol.

    Clean rooms friendly staff and a very central location

  • Francisco I Boutique
    8.8
    Scored 8.8
    Fabulous
    Rated fabulous
     · 5,333 reviews

    Francisco I Boutique is located within 250 metres of Madrid’s Plaza Mayor and Puerta del Sol. It offers a 24-hour reception and simple rooms with a private bathroom, TV and free Wi-Fi.

    Location, friendly staff and comfy beds Great decor

  • Iberostar Las Letras Gran Via
    8.8
    Scored 8.8
    Fabulous
    Rated fabulous
     · 1,345 reviews

    Set in a restored historic building, this design hotel offers a seasonal rooftop terrace and a seasonal pool with spectacular views over Madrid. Rooms have a flat-screen TV.

    exceptionally clean room water fountain staff friendly

  • DoubleTree by Hilton Madrid-Prado
    8.8
    Scored 8.8
    Fabulous
    Rated fabulous
     · 343 reviews

    Boasting a fitness centre, a restaurant as well as a bar, DoubleTree by Hilton Madrid-Prado is situated in the centre of Madrid, 1.2 km from El Retiro Park.

    Location, service, cleanliness and comfort of the room

  • Ikonik Gran Vía
    8.8
    Scored 8.8
    Fabulous
    Rated fabulous
     · 923 reviews

    Conveniently set in the Centro district of Madrid, Ikonik Gran Vía is located 600 metres from Gran Via Metro Station, 400 metres from Plaza de España Metro Station and 1.5 km from Thyssen-Bornemisza...

    Amiable staff, location, cleanliness, brand-new rooms

  • Dear Hotel Madrid
    8.8
    Scored 8.8
    Fabulous
    Rated fabulous
     · 11,764 reviews

    Located 1 minute's walk from Plaza de España Metro Station on Gran Via, Dear Hotel Madrid offers boutique accommodation in central Madrid.

    excellent location fabulous roof top terrace beautiful room

Stay connected in Madrid! Cheap hotels with free WiFi

  • Casa du Soleil
    9.3
    Scored 9.3
    Superb
    Rated superb
     · 1,405 reviews

    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.

    Great location, clean, good staff, value for money

  • Salomé
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 2,123 reviews

    Salomé is centrally located, opposite Madrid’s Noviciado Metro Station and 300 metres from Gran Via and Plaza de España. It offers free Wi-Fi in public areas and basic rooms with a TV.

    Clean and friendly in a lively and central location

  • 9.0
    Scored 9.0
    Superb
    Rated superb
     · 495 reviews

    Located in Madrid, 2.8 km from Reina Sofia Museum, Crowne Plaza Madrid - Centre Retiro, an IHG Hotel provides accommodation with a garden, private parking, a terrace and a restaurant.

    Really well equipped, super clean and comfortable.

  • 4 Bears Studios
    9.3
    Scored 9.3
    Superb
    Rated superb
     · 182 reviews

    4 Bears Studios provides accommodation within 500 metres of the centre of Madrid, with free WiFi, and a kitchen with an oven, a microwave and a toaster.

    Simpel og alt hvad du skal bruge. Meget centralt beliggende

  • Sonder Malasaña
    9.1
    Scored 9.1
    Superb
    Rated superb
     · 876 reviews

    Sonder Malasaña features accommodation within 1.1 km of the centre of Madrid, with free WiFi, and a kitchen with a dishwasher, an oven and a microwave.

    super clean, easy to check in and check out, well located

  • Rosewood Villa Magna
    9.4
    Scored 9.4
    Superb
    Rated superb
     · 214 reviews

    The elegant Rosewood Villa Magna offers exclusive rooms and suites in Madrid’s fashionable Salamanca area. The hotel boasts a spa, marble bathrooms and views onto Serrano Street or Castellana Avenue.

    Conforto, simpatia / profissionalismo, localização.

  • Relais & Châteaux Hotel Orfila
    9.2
    Scored 9.2
    Superb
    Rated superb
     · 438 reviews

    Hotel Orfila is situated in Madrid’s Chamberí District, less than 200 metres from Alonso Martinez and Colón Metro Stations. Set in a 19th-century palace, it features a restaurant and tea room.

    Excellent friendly staff. Lovely feel to the hotel.

  • serwell suites
    9.8
    Scored 9.8
    Exceptional
    Rated exceptional
     · 16 reviews

    Boasting city views, serwell suites provides accommodation with a terrace, around 1.3 km from Santiago Bernabéu Stadium.

    Location was perfect for me. Place was clean and comfortable

FAQ about cheap hotels in Madrid









Cheap hotels that guests love in Madrid

  • 8.3
    Scored 8.3
    Very good
    Rated very good
     · 3,266 reviews
    Very clean lovely reception staff who were very helpful Good location Great Italian restaurant 20 meters away Lovely quiet location but good connections Fabulous shower !! Room service is outsourced but an excellent service delivered in a lovely box by a very smartly dressed waiter who opened my wine Will use again as ideal for the university campus city €5 via Uber
    julia
    Family with young children
  • Avg. price/night: £187.57
    7.5
    Scored 7.5
    Good
    Rated good
     · 1,800 reviews
    If you're on a budget, it is perfect. Very clean. Excellent location.
    Christian
    Young couple
  • Avg. price/night: £120.46
    7.8
    Scored 7.8
    Good
    Rated good
     · 4,631 reviews
    Very handy in terms of location and very clean. Bedsheets were impeccable. Receptionist was kind and helpful. There are shops and restaurants nearby. We recommend Jumbo, a Peruvian restaurant that serves delicious food for affordable prices. Not to miss the Pisco Sour prepared by Melissa
    Elvira
    Young couple
  • 9.7
    Scored 9.7
    Exceptional
    Rated exceptional
     · 36 reviews
    The property was in an ideal location, gorgeous, spotless, well equipped, warm, great shower and very comfortable beds. Lovely host, who answers questions quickly and kindly left the key for us to pick up.
    sadie
    Family with young children
  • Avg. price/night: £291.89
    8.9
    Scored 8.9
    Fabulous
    Rated fabulous
     · 6,610 reviews
    Good location and very clean and comfortable room. Ideal for a city break.
    Irene
    Young couple
  • 7.8
    Scored 7.8
    Good
    Rated good
     · 1,412 reviews
    Location was very convenient for a very affordable price. It is basic hotel but with everything you may need and very clean.
    Stefan
    Solo traveller
  • Avg. price/night: £258.12
    8.5
    Scored 8.5
    Very good
    Rated very good
     · 6,039 reviews
    Good location, very clean , very affordable
    Smith
    Young couple
  • 8.9
    Scored 8.9
    Fabulous
    Rated fabulous
     · 242 reviews
    The apartment was small but perfectly formed and had all the facilities needed for a family of 4. The AC was very welcome and the washing machine was an added bonus after a week on the road. The on street parking was easy and plentiful and the host was very communicative regarding check in so we always felt informed. The location is a little way out of the city, but felt safe and had basic amenities. It was easy and cheap to get an Uber into town when needed.
    Lara
    Family with young children
  • Avg. price/night: £254.06
    8.6
    Scored 8.6
    Fabulous
    Rated fabulous
     · 5,973 reviews
    Excellent and friendly staff, ideal location and affordable.
    Luke
    Solo traveller
  • Avg. price/night: £321.36
    8.9
    Scored 8.9
    Fabulous
    Rated fabulous
     · 5,955 reviews
    everything, very clean, ideal location, friendly staff
    Dmitrii
    Family with young children

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