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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.

The location was great. The customer service was outstanding. They restaurant almost immediately to any questions or to any issues that arose. The unit was clean, and the space was well designed.

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9.3
Superb
1,418 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.

Everything!!! The location, the staff, the room. All exceptional!!!!

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9.2
Superb
1,046 reviews
Price from
£173
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.

Excellent place for a stay in Madrid, hospitable, welcoming, centrally located.

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9.3
Superb
1,386 reviews
Price from
£119
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.

Amazing hotel! Exactly what we need. Fantastic location. Amazing and client-friendly protocols. Excellent customer service and communication

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9.3
Superb
2,134 reviews
Price from
£127
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.

The location is perfect. The apartment is very comfortable for 4 adults and 1 child. Everything is very clean.

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9.1
Superb
1,929 reviews
Price from
£231
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.

I like the place it is very near to all landmarks, walking distance only. Staff are very friendly and Id like to commend Brando for accommodating me so nicely.

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9.1
Superb
5,359 reviews
Price from
£41
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.

The staff was amazing, every need I had was met and every request I had was handled quickly (even things that were not included in my reservation). I can´t even express how happy I am with my stay or how great the staff was, all I can say is 10/10

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9.2
Superb
1,751 reviews
Price from
£129
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.

Location, staff for a good price.

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9
Superb
7,262 reviews
Price from
£51
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.

super clean, beds were really comfortable, location was superb and staff were absolutely brilliant!

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9.2
Superb
1,123 reviews
Price from
£88
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.

We were warmly welcomed. The room was excellent and very well located. We found everything we needed and could walk everywhere.

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9
Superb
2,722 reviews
Price from
£154
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!

  • The Central House Madrid Lavapiés
    9.1
    Scored 9.1
    Superb
    Rated superb
     · 5,358 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.

    The staff are really nice and the location is great.

  • VP Plaza España Design
    9.2
    Scored 9.2
    Superb
    Rated superb
     · 1,904 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

  • Vincci The Mint
    9.1
    Scored 9.1
    Superb
    Rated superb
     · 4,204 reviews

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

    Very good location, nice interior, nice personal☀️

  • Only YOU Hotel Atocha
    9.1
    Scored 9.1
    Superb
    Rated superb
     · 7,580 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.

  • Posada del León de Oro Boutique Hotel
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 1,810 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.

  • UVE Marcenado
    9.2
    Scored 9.2
    Superb
    Rated superb
     · 3,857 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

  • Apartosuites Jardines de Sabatini
    9.1
    Scored 9.1
    Superb
    Rated superb
     · 2,283 reviews

    Situated opposite Madrid’s Royal Palace, these design suites include free Wi-Fi, flat-screen satellite TV and a well-equipped kitchenette.

    Amazing location, the rooms where very clean and spacious

  • ARTIEM Madrid
    9.3
    Scored 9.3
    Superb
    Rated superb
     · 1,940 reviews

    ARTIEM Madrid is located in Madrid’s commercial centre, 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

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
     · 864 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

  • Mandarin Oriental Ritz, Madrid
    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

  • Hotel Regina
    9.3
    Scored 9.3
    Superb
    Rated superb
     · 9,809 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 ☺️

  • Palacio de los Duques Gran Meliá - The Leading Hotels of the World
    9.2
    Scored 9.2
    Superb
    Rated superb
     · 1,145 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
     · 3,272 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 Hortaleza
    9.2
    Scored 9.2
    Superb
    Rated superb
     · 1,123 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!

  • Woohoo Rooms Fuencarral
    9.2
    Scored 9.2
    Superb
    Rated superb
     · 1,751 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

  • ICON Casona 1900
    9.1
    Scored 9.1
    Superb
    Rated superb
     · 1,149 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.

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

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

    Door staff particularly helpful. Very good location.

  • Preciados
    Central location
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 3,999 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

  • Thompson Madrid, by Hyatt
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 387 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
     · 9,362 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.

  • 7 Islas Hotel
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 5,093 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

  • Artrip Hotel
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 1,619 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!!

  • ICON Wipton
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 1,606 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

  • Hotel BESTPRICE Alcalá
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 7,262 reviews

    Situated in Madrid, 3.6 km from IFEMA, Hotel BESTPRICE Alcalá provides accommodation with a terrace and private parking.

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

  • B&B HOTEL Madrid Centro Puerta del Sol
    8.9
    Scored 8.9
    Fabulous
    Rated fabulous
     · 5,986 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
     · 2,198 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
     · 469 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
     · 2,725 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
     · 2,498 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
     · 29,377 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
     · 1,223 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.

  • Catalonia Goya
    8.9
    Scored 8.9
    Fabulous
    Rated fabulous
     · 1,522 reviews

    Catalonia Goya is set in a 19th-century building, next to Velázquez Metro Station, in Madrid’s exclusive shopping district. It offers free Wi-Fi, and is 5 minutes’ walk from Retiro Park.

    Excellent hotel and delighted to be upgraded to a suite.

  • Chic & Basic dot
    8.8
    Scored 8.8
    Fabulous
    Rated fabulous
     · 2,958 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
     · 5,311 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

  • Petit Palace Triball
    8.8
    Scored 8.8
    Fabulous
    Rated fabulous
     · 3,568 reviews

    Centrally located on Madrid’s famous Gran Vía, Petit Palace Triball - Gran Vía offers free bicycle hire and free WiFi.

    Everything was spot on! Loved our stay at this hotel.

  • Ikonik Gran Vía
    8.8
    Scored 8.8
    Fabulous
    Rated fabulous
     · 910 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

Stay connected in Madrid! Cheap hotels with free WiFi

  • 60 Balconies Iconic
    9.2
    Scored 9.2
    Superb
    Rated superb
     · 1,046 reviews

    Offering city views, 60 Balconies Iconic is an accommodation situated in Madrid, 600 metres from Thyssen-Bornemisza Museum and 700 metres from Gran Via.

    Loved the design and location. Great stuff as well. 😃

  • Casa du Soleil
    9.3
    Scored 9.3
    Superb
    Rated superb
     · 1,386 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

  • Oriente Palace Apartments
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 3,120 reviews

    Set in Madrid City Centre, just a 1-minute walk from the Royal Palace and 400 metres from Plaza Mayor Square, Oriente Palace offers apartments and rooms with free WiFi.

    Beautiful rooms, great location, very friendly staff !

  • Hostal Main Street Madrid
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 3,211 reviews

    Hostal Main Street Madrid is centrally located on Madrid’s Gran Via, just 1 minutes’ walk from Callao Metro Station.

    The warm welcome from Rosa Clean safe and good location

  • Hostal Central Palace Madrid
    9.2
    Scored 9.2
    Superb
    Rated superb
     · 4,283 reviews

    Centrally located overlooking the Royal Palace and Sabatini Gardens in Madrid’s Plaza de Oriente, this elegant guest house offers 24-hour reception and free WiFi.

    The view from the bedroom was absolutely incredible.

  • Pensión Corbero
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 1,268 reviews

    Situated in Madrid’s Las Letras district, this guest house is 300 metres from the Prado and Thyssen-Bornemisza Museums.

    Our second stay here. A great base to explore Madrid.

  • Barceló Imagine
    9.1
    Scored 9.1
    Superb
    Rated superb
     · 3,411 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.

  • I'M Room Suites Nuevos Ministerios - Bernabeu 'Digital Access'
    9.0
    Scored 9.0
    Superb
    Rated superb
     · 176 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.

FAQ about cheap hotels in Madrid









Cheap hotels that guests love in Madrid

  • Avg. price/night: £103.67
    8.8
    Scored 8.8
    Fabulous
    Rated fabulous
     · 2,773 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: £113.57
    8.9
    Scored 8.9
    Fabulous
    Rated fabulous
     · 59 reviews
    Affordable hostal/ hotel in central location with modern facilities. And also very clean with friendly staff.
    Chidimma
    Young couple
  • 8.0
    Scored 8.0
    Very good
    Rated very good
     · 1,656 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 traveller
  • Avg. price/night: £221.17
    8.8
    Scored 8.8
    Fabulous
    Rated fabulous
     · 11,680 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: £181.03
    8.7
    Scored 8.7
    Fabulous
    Rated fabulous
     · 5,633 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
  • Avg. price/night: £189.83
    8.4
    Scored 8.4
    Very good
    Rated very good
     · 993 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
     · 2,886 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
    People 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
  • 8.6
    Scored 8.6
    Fabulous
    Rated fabulous
     · 757 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 traveller

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