Cheap Hotels in Madrid

With its bustling markets, leafy parks, renowned street sculpture, tempting local delicacies, and exciting nightlife, Madrid is the ideal city destination for travelers on a budget. From spectacular art and architecture to peaceful green spaces, Spain’s capital offers plenty to explore, while street entertainers and local musicians ensure that there’s never a dull moment in this vibrant city. With so much to see and do, a budget vacation in Madrid guarantees happy holiday memories—without a hefty price tag.

Things to see in Madrid

Soak up the spirit of the city as you wander down the buzzing Gran Via, and pause to enjoy free street entertainment at the Plaza Mayor. Most museums offer free entry at scheduled times—art lovers can enjoy free admission to the Prado Museum and the Reina Sofia Museum most evenings after a certain hour. Also worth a visit are the tropical gardens with resident terrapins at Atocha Train Station, or why not take an inexpensive cable car ride from the city center to the shimmering lake at Caso del Campo Park? Stop for a coffee at the Plaza Oriente and admire the lavish façade of the Royal Palace. The beautiful Retiro Park is the perfect place to enjoy a picnic and feast your eyes the sparkling structure of the Palacio de Cristal, or catch a free puppet show on the weekends. End your day with a breathtaking view of the Spanish sunset at the Egyptian Temple of Debod—a perfect photo opportunity at one of Madrid’s top landmarks.

Economy hotels in Madrid

Madrid hosts an array of discount hotels offering comfortable accommodation at budget prices. The city is packed with affordable accommodation options to suit every taste and pocket, whether you’re traveling solo, or on a weekend getaway with friends. Budget hotels in Madrid don’t lack for amenities—facilities range from inexpensive on-site bars and restaurants, to booking sightseeing expeditions and day trips. Checking into a cheap Madrid hotel means you can enjoy the best the city has to offer, without paying for extras you don’t need—perfect for travelers looking for more bang for their buck!

Where to stay in Madrid

See how the locals live in the bohemian community of La Latina, the tapas center of Madrid. Tapas are often provided free of charge when you buy a drink in one of its welcoming bars, so eating out here is inexpensive—and delicious! In the cosmopolitan Malasana area, independent theaters, galleries, and music venues jostle for space with clubs and cafés, making it the perfect place for entertaining nightlife on a budget. Located just south of Madrid University campus, the Argüelles district offers stores, bars, and restaurants with great student prices that extend to the wide selection of cheap hotel rooms in Madrid.

How to get to Madrid

Many international airlines offer budget flights to Madrid’s Barajas Airport, one of the largest in Europe. The airport is served by bus and metro lines, and also offers the shared Aerocity taxi shuttle, which is cheaper than a private taxi. Within the city, a network of bus and metro routes provides fast, efficient service until the early hours, as well as night buses for hardcore party animals. Save money by purchasing a 10-trip travel pass which entitles you to generous reductions. Finally, don’t forget to bring comfortable shoes—walking is the perfect way to appreciate the most popular sights in Madrid.