What is Madrid Like for Cheap Hotels?

There are endless ways to visit Madrid without breaking the bank. For example, you might want to put on your walking shoes, grab a map, and venture out to a side of this destination where money doesn't do all the talking. People who travel to Madrid absolutely love the shopping and cafés. Snap some photos at Puerta del Sol and Plaza Mayor for some great memories without a hefty price tag. Our choice of affordable hotels makes Madrid a favorite among budget-conscious travelers searching for a vacation to remember. Hotels.com has 469 cheap Madrid hotels to choose from, there's something for everyone!

What Are Some of the Best Cheap Hotels in Madrid?

Hotels.com travelers' top Madrid budget hotel picks:

Hostal Fuentesol

City-center hostal, steps from Puerta del Sol
• • Free WiFi • 24-hour front desk • Central location



Hotel Mayerling

City-center hotel within walking distance of Plaza Mayor
• • Free WiFi • 24-hour front desk • Central location



Vitium Urban Suites

3-star hostal, steps from Teatro Coliseum
• • Free WiFi • Snack bar • Walkable location



Hostal Arriaza

City-center hostal within walking distance of Royal Palace of Madrid
• • Free WiFi • Walkable location



Hostal El Pilar

City-center hostal, steps from Puerta del Sol
• • Free WiFi • Central location

What Are the Best Things to See and Do in Madrid?

You'll be able to find lots of ways to have fun in Madrid while keeping to your budget. Take a look at these excursions in the area, some of which you can appreciate without spending a penny.

Parks
• • El Retiro Park
• • Madrid Rio
• • Casa de Campo

Museums & Art Galleries
• • Thyssen-Bornemisza National Museum
• • Prado Museum
• • Museo Nacional Centro de Arte Reina Sofia

Sights & Landmarks
• • Puerta del Sol
• • Plaza Mayor
• • Gran Via Street

Food & Drink
• • Miyama
• • Restaurante El Güero
• • Pizza Pazza