A cityscape with ornate buildings and a prominent dome structure.

Budget Hotels in Madrid, Community of Madrid

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Check availability on Madrid Budget Hotels

Tonight
Oct 10 - Oct 11
Tomorrow
Oct 11 - Oct 12
Next weekend
Oct 16 - Oct 18
In two weeks
Oct 23 - Oct 25

Our top choices for Madrid cheap hotels

A bar area with chairs and a table, overlooking a cityscape with buildings and a dome structure.
A hotel lobby with a circular ceiling light, a reception desk, and a seating area with sofas.
A large, multi-story hotel with a prominent central tower, surrounded by a busy urban street with vehicles and pedestrians.
A breakfast table with a variety of food items, a glass of orange juice, and a cup of coffee.

1. Hotel Riu Plaza España

Hotel Riu Plaza España
Madrid Centro
United States
Alejandro
P12,730
P14,003 total
includes taxes & fees
Nov 9 - Nov 10
Hotel Riu Plaza España
A modern hotel room with a large bed, a built-in vanity with a mirror, and a wooden panel wall.
A modern living room with a large tree, a sofa, a chair, and a coffee table.
A modern bar area with a central island, overhead lighting, and a contemporary design.
A modern lounge area with a large tree, seating arrangements, a bar, and a television screen.

2. Zleep Hotel Madrid Airport

Zleep Hotel Madrid Airport
San Blas-Canillejas
United States
Luis Omar
P5,437
P5,981 total
includes taxes & fees
Nov 1 - Nov 2
Zleep Hotel Madrid Airport
A hotel room with a bed, a patterned pillow, a black desk lamp, and a view of a historic building with a clock tower.
A spacious dining area with multiple tables, each set with white tablecloths and black chairs.
A reception area with a marble counter, wooden reception desk, and a chandelier.
A multi-story hotel with balconies, a central entrance, and a street-facing café area with outdoor seating.

3. Hotel Europa

Hotel Europa
Madrid Centro
United States
John
P10,477
P11,525 total
includes taxes & fees
Nov 9 - Nov 10
Hotel Europa
A buffet with various food items and a modern interior with hanging lights.
A bar area with stools, a counter, and a peacock decoration.
An outdoor dining area with tables and chairs, surrounded by potted plants and hanging floral arrangements.
A modern living room with a green sofa, a horse sculpture, and a large mirror.

4. Hotel Vincci Soho

Hotel Vincci Soho
Madrid Centro
United States
Ronda
P14,073
P15,480 total
includes taxes & fees
Oct 12 - Oct 13
Hotel Vincci Soho
A hostel entrance with a glass door, two potted plants, and a sign indicating the hostel.
A spacious room with wooden flooring, a large window, and a kitchen area visible through an open door.
A room with a leather sofa, a wooden coffee table with a fruit bowl, and a white brick wall.
A kitchen with a brick wall, wooden counter, shelves with kitchen items, a clock, and a stainless steel range hood.

5. Far Home Atocha

Far Home Atocha
Madrid Centro
Canada
Helene
P3,959
P4,355 total
includes taxes & fees
Nov 9 - Nov 10
Far Home Atocha
A pool area with lounge chairs, umbrellas, and a water feature.
A modern living room with a blue sofa set, two black wireframe coffee tables, and a decorative lamp.
The exterior of Hotel Ganivet with large glass doors, potted plants, and a clear view of the entrance.
A spacious cafeteria with a buffet setup, large windows, and a modern ceiling design.

6. Hotel Porcel Ganivet

Hotel Porcel Ganivet
Madrid Centro
United States
Jose
P10,103
P11,113 total
includes taxes & fees
Nov 10 - Nov 11
Hotel Porcel Ganivet
A hotel entrance with a neon sign, large potted plants, and a multi-story building with balconies.
A modern hotel room with a curved seating area, a bookshelf, a small table with a glass, and a window with curtains.
A street with historic buildings, including a boutique hotel with ornate balconies and a neon sign.
A modern hallway with a bookshelf, a potted plant, and a staircase.

7. chic&basic dot

chic&basic dot
Madrid Centro
United Kingdom
gisela
P10,649
P11,714 total
includes taxes & fees
Nov 2 - Nov 3
chic&basic dot
A hotel room with a bed, desk, and chair, a balcony with a view of the street and buildings.
A modern lobby with patterned sofas, a TV, and potted plants.
A hotel room with a bed, desk, and chair, a balcony with a view of the street.
A building with a sign reading "HOSTAL BALSESTA" and a blue handicap accessibility sign.

8. Hostal Ballesta

Hostal Ballesta
Madrid Centro
United States
Kendra
P7,270
P7,997 total
includes taxes & fees
Nov 2 - Nov 3
Hostal Ballesta
A modern living room with a sofa, a coffee table, and a bookshelf.
A modern bathroom with a large mirror, a robe hanging on a rack, and a towel shelf.
A modern hotel room with a sofa, a bed, a coffee table, and a framed artwork on the wall.
A balcony with breakfast items, two glasses of juice, and a view of a statue and building facade.

9. Hotel Regina

Hotel Regina
Madrid Centro
United States
Peter
P18,538
P20,392 total
includes taxes & fees
Nov 4 - Nov 5
Hotel Regina
A hotel room with a balcony, a breakfast tray with croissants, coffee, and fruit, and a bed with striped bedding.
A dining area with tables set for meals, a window with a view of the street, and wall art.
A hotel room with a large bed, a nightstand, a wall-mounted lamp, and a window with curtains.
A hotel hallway with wooden flooring, a fire extinguisher, and doors numbered 504 and 507.

10. Hostal Abadía Madrid

Hostal Abadía Madrid
Madrid Centro
Canada
Cesar
P9,751
P10,726 total
includes taxes & fees
Oct 12 - Oct 13
Hostal Abadía Madrid
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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

Hotel Principe Pio

Hotel Principe Pio

10/10 Excellent
"Hotel was wonderful. Great location, excellent staff, best breakfast we've ever had in a hotel. Pro's: -Get the breakfast. Best deal, lots of variety. Fresh fruit, baked goods, eggs, bacon, cold meat, cereal, pancakes, 6 different types of milk (who knew there were that many) coffee, tea, etc... and a nice, spacious dining area. Staff were excellent. Great value! -Excellent location, close to Royal Palace, 20 minute walk to downtown area, 5 minute walk to subway (metro), 5 minute walk to shopping and dining establishments -Charming sitting area just off the lobby if you want to sit and enjoy a beverage -Excellent staff -Rooms were clean and comfortable -Had dinner one night in the dining area. Food was good and reasonably priced. No complaints Cons: -Shower was difficult to understand how it worked but we managed -Only Spanish channels on TV, no Netflix, Youtube or other channels. I like to watch news from home (Canada) on Youtube at the the end of our day to keep up on things. Had to use our phones which was an inconvenience -Could hear other patrons in the hall when we were asleep late at night All in all I would recommend this hotel to others and I would stay here again if in Madrid. We liked it."
Kevin 6-night trip
Posted 1 hour ago
Hotel Principe Pio
SLEEP’N Atocha – B Corp Certified

SLEEP’N Atocha – B Corp Certified

10/10 Excellent
"Céntrico y excelente ubicación"
Jorge Garro 2-night trip
Posted 14 hours ago
SLEEP’N Atocha – B Corp Certified

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 Puerta del Sol and Gran Via, 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 Far Home Atocha.
How many inexpensive hotels should I expect to find in Madrid?
Choose a hotel that suits your wallet among Expedia's 355 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 Puerta del Sol and Gran Via, 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.

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