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Our top choices for Madrid cheap hotels

1. Hotel Riu Plaza España

Hotel Riu Plaza España
4.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (5,281 reviews)
"Beautiful hotel and views of Madrid."
United States
Katie
The price is SAR 757
SAR 833 total
includes taxes & fees
9 Nov - 10 Nov
Hotel Riu Plaza España

2. Zleep Hotel Madrid Airport

Zleep Hotel Madrid Airport
3.0 star property
San Blas-Canillejas
8.6 out of 10, Excellent, (2,549 reviews)
"Clean room, free breakfast and the place is well maintained"
United States
Luis Omar
The price is SAR 282
SAR 310 total
includes taxes & fees
22 Nov - 23 Nov
Zleep Hotel Madrid Airport

3. Hotel Vincci Soho

Hotel Vincci Soho
4.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,000 reviews)
"Staff were amazing."
United States
Rawad
The price is SAR 627
SAR 690 total
includes taxes & fees
1 Nov - 2 Nov
Hotel Vincci Soho

4. Hostal Ballesta

Hostal Ballesta
2.0 star property
Madrid Centro
9.0 out of 10, Wonderful, (1,017 reviews)
"Perfect location"
United States
Kendra
The price is SAR 432
SAR 476 total
includes taxes & fees
16 Nov - 17 Nov
Hostal Ballesta

5. Hotel Europa

Hotel Europa
3.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,012 reviews)
"Great stay, great location, courteous helpful staff, recommend."
United States
John
The price is SAR 624
SAR 687 total
includes taxes & fees
16 Nov - 17 Nov
Hotel Europa

6. Hostal Abadía Madrid

Hostal Abadía Madrid
3.0 star property
Madrid Centro
9.0 out of 10, Wonderful, (911 reviews)
"Clean room, friendly staff, great location."
United States
Jessica
The price is SAR 403
SAR 443 total
includes taxes & fees
29 Oct - 30 Oct
Hostal Abadía Madrid

7. SLEEP’N Atocha – B Corp Certified

SLEEP’N Atocha – B Corp Certified
2.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,930 reviews)
"Great place I always stay here: very convenient location"
United States
Manuel
The price is SAR 442
SAR 486 total
includes taxes & fees
2 Nov - 3 Nov
SLEEP’N Atocha – B Corp Certified

8. chic&basic dot

chic&basic dot
3.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (1,008 reviews)
"Great location and the staff is very helpful."
Canada
Luis
The price is SAR 511
SAR 562 total
includes taxes & fees
2 Nov - 3 Nov
chic&basic dot

9. Far Home Atocha

Far Home Atocha
2.0 star property
Madrid Centro
9.0 out of 10, Wonderful, (929 reviews)
"Great place, super location, helpful staff, cool design."
United Kingdom
Fiona
The price is SAR 236
SAR 260 total
includes taxes & fees
8 Nov - 9 Nov
Far Home Atocha

10. Hotel Porcel Ganivet

Hotel Porcel Ganivet
3.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (1,003 reviews)
"Great location, clean rooms, good breakfast and welcoming and helpful staff. Would definitely recommend this hotel to my friends and family."
United States
Ralph
The price is SAR 515
SAR 566 total
includes taxes & fees
2 Nov - 3 Nov
Hotel Porcel Ganivet
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 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.