Cheap Hotels in Madrid

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Cheap Hotels in Madrid

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.

Top neighborhoods in Madrid

Madrid Centro

Madrid Centro pulses with history and art around every corner. The Royal Palace stands majestically near Plaza Mayor, where locals and travelers mingle under red arcades. World-class museums form the "Golden Triangle of Art," showcasing masterpieces from Spanish painters. The neighborhood comes alive after dark when tapas bars fill with laughter and plazas transform into open-air living rooms. Getting around is simple with three metro stations and narrow streets perfect for exploring on foot. Stay in converted palaces turned boutique hotels or charming pensiones. Traditional tabernas serve authentic Spanish cuisine alongside modern eateries, making Madrid Centro an ideal base for experiencing the capital's vibrant spirit.

Salamanca

Located in the upscale Madrid area of Calle de Serrano, this area boasts pricey real estate and Spain's third most expensive street. Discover numerous diplomatic missions, including the Swiss, French, US, and Italian embassies.

Retiro

Discover the vast Buen Retiro Park, featuring gardens, statues, and monuments, along with art galleries in the Crystal Palace and Palacio de Velázquez. Enjoy rowboats on Retiro Pond, sports courts, and the picturesque Rosaleda rose garden.

Moncloa-Aravaca

Moncloa-Aravaca blends academic energy with stunning green spaces. The ancient Egyptian Temple of Debod glows golden at sunset while students buzz around Ciudad Universitaria's neoclassical buildings. Casa de Campo offers pine-scented trails five times bigger than New York's Central Park, perfect for outdoor lovers. The towering Moncloa Lighthouse rewards visitors with panoramic city views. Student-friendly tapas bars and traditional Spanish restaurants dot the area, keeping prices reasonable. Getting around couldn't be easier with excellent metro connections and extensive bus networks serving the university and park areas. Whether staying in budget hostels near campus or mid-range hotels, you'll experience authentic Madrid without tourist crowds.

Sol

Sol captivates visitors with its historic heart and non-stop energy. The iconic Puerta del Sol plaza buzzes with life around its famous clock tower and Kilometer Zero marker. Nearby, the grand Plaza Mayor dazzles with crimson facades while the Royal Palace shows off its baroque splendor. Street performers and buzzing nightlife make this entertainment hub the perfect place to experience authentic Spanish culture. Traditional tapas bars and restaurants line the cobblestone streets, serving up local specialties like squid sandwiches. Hotels range from historic boutique properties to backpacker hostels. With three metro lines converging at Sol station and pedestrian-friendly zones throughout, exploring Madrid couldn't be easier.

Top landmarks in Madrid

Frequently asked questions

How much is a cheap hotel in Madrid?
With 313 budget hotels to choose from, you'll have no trouble finding cheap options in Madrid. Remember to sort your results by "Price: low to high" when searching for the cheapest Madrid hotels.
  • Take a look at the lowest price per night from $55
What is the cheapest area to stay in Madrid?
When you want a cheap place to stay in Madrid, consider Madrid Centro and Sol which often have budget-friendly hotels. Are you looking to stay in another area of the city? Pinpoint low-cost hotels in the another part of town using our map feature.
Are there any cheap hotels in Madrid that offer free breakfast?
If you stay at a budget hotel in Madrid, that doesn't mean you have to miss out on a good meal to start your day. Hotel Madrisol includes a free continental breakfast. Puerta del Sol Rooms also offers a complimentary continental breakfast. To find other Madrid hotels with free breakfast, use the "Breakfast included" filter.
Are all taxes and fees included in the Madrid hotel prices shown on Hotels.com?
Hotels.com provides upfront pricing so you can relax knowing you won't be met with surprise additional fees or taxes when you're ready to confirm your booking. From the time you start your search on Hotels.com, the price you see is what you pay. This makes it much easier to compare properties and secure our best deal for your next getaway.
What are the best cheap hotels in Madrid?
For a cheap hotel in Madrid with glowing reviews, consider Hotel Riu Plaza España, which features free WiFi, 2 bars/lounges and laundry facilities. You can also look at Hotel Regina or Hotel Atlantico Madrid.
Can I stay in a hostel in Madrid?
Hostels can be a cheaper alternative to Madrid hotels, as you can stay in a shared dormitory. There are 107 hostels in Madrid. Rio Hostel offers free in-room WiFi and laundry facilities. Hostel Thirty One has free in-room WiFi and laundry facilities. Hostel Sofía is another low-cost option.
What are the best cheap things to do in Madrid?
Sightseeing doesn't mean you have to blow the budget. For some things to do in Madrid, enjoy the outdoors at Retiro Park Lake or Juan Carlos I Park. Be certain a visit to Puerta del Sol is in your plans.

Find out more about Madrid

How to find the best cheap hotels in Madrid?

 

✅  There are lots of cheap hotels available in Madrid in 2026. What's more, our rewards programOpens in a new window makes Madrid hotels an even better choice for travelers on a budget. 

 

✅  Whether you're looking for a hostel, apart-hotel or Bed & Breakfast, there's something for every type of traveler in Madrid on Hotels.com – use the helpful search filters to find some of the cheapest hotels in Madrid for your budget-friendly stay. 

 

✅  You'll find lots of cheap hotels in Madrid – with Hotels.com. With so many choices, we recommend you use the search filter for price limits to narrow down your options. 

 

✅  The best time of year for an affordable vacation to Madrid is during low season. This is when fewer people visit and there is a wider range of cheap Madrid hotels available.  

 

✅  There are plenty of things to see and do in Madrid on a budget! From exploring the city's iconic landmarks and museums to enjoying the great outdoors and local parks, there is something for everyone in Madrid. 

 

✅  If you're looking to travel to Madrid on a budget, there are plenty of ways to save. One option is to consider booking your travel during off-peak times when prices for flights, hotels, and attractions may be lower. Another option is budget-friendly transportation, such as local public transportation like buses or trains. 

 

✅  To find the great budget hotels in Madrid for families, use our "Family friendly" filter under the "Travel experience" header. This will filter for family-friendly accommodation essentials.  

 

*Prices and availability are subject to change. Additional terms may apply. 

 

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