Budget Hotels in Madrid, Community of Madrid

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Check availability on Madrid Budget Hotels

Top Madrid Budget Hotels

Front of property - evening/night
Hotel Atlantico Madrid

Hotel Atlantico Madrid

4.0 star property
Madrid Centro
9.8 out of 10, Exceptional, (2194)
"Beautiful place."
United States
Otto
The price is P16,117
P17,729 total
includes taxes & fees
Dec 15 - Dec 16
Hotel Atlantico Madrid
Front of property
Hostal Madrid Atocha

Hostal Madrid Atocha

2.0 star property
Arganzuela
8.4 out of 10, Very Good, (1123)
"Friendly staff, very clean and comfortable beds"
United Kingdom
Nicole
The price is P3,865
P4,252 total
includes taxes & fees
Nov 30 - Dec 1
Hostal Madrid Atocha
1 bedroom, hypo-allergenic bedding, down comforters, Select Comfort beds
Hotel Regina

Hotel Regina

4.0 star property
Madrid Centro
9.8 out of 10, Exceptional, (2198)
"Beautiful hotel. Great location "
United States
Marlene
The price is P14,957
P16,452 total
includes taxes & fees
Dec 8 - Dec 9
Hotel Regina
Room amenity
NH Collection Madrid Suecia

NH Collection Madrid Suecia

5.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1001)
"Very cozy hotel. Staff very friendly and helpful. Enjoyed our stay. Will definitely return. "
Canada
Claudia
The price is P10,599
P11,659 total
includes taxes & fees
Dec 15 - Dec 16
NH Collection Madrid Suecia
Interior
Hotel Liabeny

Hotel Liabeny

4.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1465)
"Staff was very helpful and nice, the hotel was centrally located, very clean, and the restaurant was very good. "
United States
Eileen
Hotel Liabeny
1 bedroom, down comforters, minibar, in-room safe
Hard Rock Hotel Madrid

Hard Rock Hotel Madrid

4.5 star property
Arganzuela
9.4 out of 10, Exceptional, (2343)
"Amazing stay! "
United States
David
The price is P10,816
P11,897 total
includes taxes & fees
Dec 8 - Dec 9
Hard Rock Hotel Madrid
Front of property
Hotel Mediodia

Hotel Mediodia

2.0 star property
Madrid Centro
9.0 out of 10, Wonderful, (1001)
"Nice hotel very basic good location Going through renovations "
United States
Shehryar
The price is P6,489
P7,138 total
includes taxes & fees
Dec 14 - Dec 15
Hotel Mediodia
Terrace/patio
SLEEP’N Atocha – B Corp Certified

SLEEP’N Atocha – B Corp Certified

2.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1575)
"Nice stay, good location "
United States
Carlos
The price is P7,911
P8,702 total
includes taxes & fees
Nov 23 - Nov 24
SLEEP’N Atocha – B Corp Certified
Minibar, in-room safe, desk, soundproofing
Hotel Europa

Hotel Europa

3.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (1003)
"Clean hotel with very helpful staff, great locationn"
United States
Jignesh
Hotel Europa
Dinner served, Regional cuisine
NH Madrid Barajas Airport

NH Madrid Barajas Airport

3.0 star property
Barajas
8.8 out of 10, Excellent, (1270)
"Clean room, nice staff, convenient shuttle. "
United Kingdom
Daniela
The price is P6,180
P6,798 total
includes taxes & fees
Nov 23 - Nov 24
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.
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Find out more about Madrid

Discover cheap things to do in Madrid (and vicinity)

For budget-conscious travelers exploring the greater Madrid area, a variety of affordable activities and points of interest await. Start your day at the iconic Retiro Park, a sprawling green oasis perfect for picnics, leisurely strolls, or even boat rides on the lake, all of which are either free or low-cost. History enthusiasts will appreciate the stunning architecture of the Royal Palace, where you can wander the gardens at no charge and enjoy the breathtaking views. Art lovers should not miss the renowned Museo del Prado, which offers free entry during certain hours, allowing you to soak in masterpieces without breaking the bank. In the vibrant La Latina neighborhood, indulge in tapas at local bars, where small plates can be enjoyed for just a few euros—perfect for families looking to savor authentic flavors. If you’re seeking budget accommodation, consider staying in the Malasaña district, known for its bohemian vibe and eclectic shops. Here, you can find cozy hotels that offer both comfort and convenience, making it easy to explore the area's lively streets filled with murals and quirky cafés. With a wealth of experiences that won’t stretch your wallet, greater Madrid is a playground for the adventurous traveler.

Find the best cheap hotels in Madrid (and vicinity)

For travelers seeking affordable options in Madrid, these hotels provide excellent value without compromising on comfort or convenience. Enjoy a pleasant stay at these budget-friendly accommodations that are perfect for your journey.

Apartosuites Jardines de Sabatini

  • Why it's great for a budget-friendly vacation: Apartosuites Jardines de Sabatini is a top-rated budget option with a remarkable review rating of 9.6. This hotel offers guests excellent value with amenities like free WiFi, toiletries, and a 24-hour airport shuttle, making it a convenient choice for travelers.
  • Other amenities: Guests can enjoy spacious suites equipped with kitchens and dining tables, perfect for preparing meals. The hotel provides free cribs and rollaway beds for families, while a rooftop terrace offers stunning views of the city. Features such as a concierge service, accessible fitness center, and shopping options onsite add to the overall appeal.
  • Neighborhood: Moncloa-Aravaca
  • Nearby attractions: Gran Via - 0.39 miles, Plaza de España - Princesa - 0.0 miles

Suites Viena Plaza de España

  • Why it's great for a budget-friendly vacation: Suites Viena Plaza de España is an exceptional budget accommodation, earning an excellent review rating of 9.2. This hotel offers travelers free WiFi and toiletries, along with a convenient 24-hour airport shuttle service to ease travel logistics.
  • Other amenities: Guests can unwind on the terrace or take advantage of the kitchenette in their rooms, complete with an electric kettle and refrigerator. Self-parking options are available, and the hotel features a fitness center for those looking to stay active. With daily housekeeping and premium bedding, travelers can enjoy a restful stay in the heart of Madrid.
  • Neighborhood: Moncloa - Arguelles
  • Nearby attractions: Gran Via - 0.43 miles, Plaza de España - Princesa - 0.0 miles, Royal Palace of Madrid - 0.54 miles

Zleep Hotel Madrid Airport

  • Why it's great for a budget-friendly vacation: Zleep Hotel Madrid Airport is a fantastic option for budget travelers, an impressive review rating of 8.8. Located conveniently near the airport, this hotel offers essential amenities such as free WiFi and an airport shuttle service, ensuring a smooth travel experience for guests.
  • Other amenities: In addition to comfortable accommodations, guests can utilize the kitchenette in their rooms, featuring a mini refrigerator and microwave for easy meal prep. The hotel also provides early check-in, self-parking options, and a fitness center for those looking to keep active. Enjoy daily housekeeping and a hosted evening meal to make your stay even more enjoyable.
  • Neighborhood: San Blas-Canillejas
  • Nearby attractions: Aquopolis - 1.99 miles, Plenilunio Shopping Mall - 4.02 miles, El Capricho Park - 4.47 miles

Top Madrid Hotel Reviews

Madrid Marriott Hotel Princesa Plaza

Madrid Marriott Hotel Princesa Plaza

10/10 Excellent
"The Hotel became part of the Marriott chain during the summer 2025. I stayed there in May 2025 & noticed improvement with customer service! There is still construction going on near/around hotel but it did not affect my stay. Room was large, extremely clean, & bottle of water placed everyday! Highly recommend this hotel away from all the crowds of gran via but still very close to walk to!"
TERESA 3-night trip
Posted 5 days ago
Madrid Marriott Hotel Princesa Plaza

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Frequently asked questions

What is Madrid like for travelers on a budget?
Madrid has cheap accommodation options and a range of things to see and do, making it a great getaway spot for budget travelers. In addition to its well-known attractions like Gran Via and Bernabéu Stadium, 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 hotel in Madrid?
Based on reviews, Hotel Riu Plaza España is a popular hotel for our travelers who want a more economical choice, and features free WiFi and 2 bars/lounges. Other options to stay on the cheap include Hotel Regina and Hostal Madrid Atocha.
How many inexpensive hotels should I expect to find in Madrid?
Choose a hotel that suits your wallet among Expedia's 326 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, and keep 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 temp of 77°F, while the coldest months are January and February with an average of 45°F. Average annual precipitation for Madrid is 17 inches.
What is there to see and do in Madrid?
Madrid attracts visitors with its top museums and theater 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 Bernabéu Stadium, and choose other low-cost activities to fill your itinerary. Head to Preciados Street and San Miguel Market for some bargain shopping, or hunt for deals at San Anton 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 closest airport is Adolfo Suarez Madrid-Barajas Airport (MAD), situated 7.9 mi (12.8 km) away. Nearby metro stations include Sol Station, Gran Via Station, and Callao Station.