Cheap Hotels in Madrid

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Top 5 Cheap Hotels in Madrid at a glance

1. Hotel101- Madrid — 4-star hotel in Barajas. Guest rating: 9.4/10 — Exceptional.
2. Atipico Madrid — 2.5-star hotel in Salamanca. Guest rating: 9.0/10 — Wonderful.
3. Welcomer Apartments Salamanca — 2-star hotel in Salamanca. Guest rating: 9.0/10 — Wonderful.
4. Hotel Nido Príncipe Pío — 1-star hotel in Moncloa - Arguelles. Guest rating: 8.8/10 — Excellent.
5. Hotel Riu Plaza España — 4-star hotel in Madrid Centro. Guest rating: 9.4/10 — Exceptional.

Cheap Hotels in Madrid

A modern hotel interior with a central hallway, multiple balconies, and a sign reading 'HOTEL 101 MADRID'.

A hotel entrance with a revolving door, glass doors, and a reception area with seating.

A modern restaurant interior with long tables, black chairs, and a wooden bench seating area.

A modern indoor pool with lounge chairs, a tiled floor, and a building with balconies.

1. Hotel101- Madrid

Barajas

$76

$83 total

includes taxes & fees

Sep 3 - Sep 4

A rooftop terrace with a sofa set, a round table, and potted plants.

A modern lobby with a seating area, potted plants, and framed pictures on the wall.

A modern kitchen with a large window, a dining area with bar stools, and a view of the cityscape.

A hotel room with a large bed, bedside lamps, a chair, and a mirror.

2. Atipico Madrid

Salamanca

$77

$85 total

includes taxes & fees

Sep 2 - Sep 3

A bedroom with a bed, a wardrobe, a mirror, and a ceiling light fixture.

A modern outdoor dining area with a round table and chairs, a view of buildings, and a door.

A modern kitchen with grey cabinets, a wooden dining table with chairs, and a TV in the background.

A modern kitchen with light blue cabinets, a white countertop, a round table with chairs, and a potted plant.

3. Welcomer Apartments Salamanca

Salamanca

$84

$93 total

includes taxes & fees

Sep 2 - Sep 3

A hotel breakfast buffet with a variety of foods, drinks, and a sign indicating the hotel's name.

A modern hotel with a geometric facade, large windows, and a visible sign for 'NIDO'.

A hotel room with a large window, a bed with white linens, a wooden headboard, and a wall-mounted light fixture.

A modern hotel lobby with a reception desk, a staircase, and a sign reading "Kola".

4. Hotel Nido Príncipe Pío

Moncloa - Arguelles

$104

$114 total

includes taxes & fees

Sep 2 - Sep 3

A bar area with chairs and a table, overlooking a cityscape with buildings and a dome structure.

A pool area with multiple white umbrellas and a clear view of the city skyline.

A breakfast table with a variety of food items, a glass of orange juice, and a cup of coffee.

A large, multi-story hotel with a prominent central tower, surrounded by a busy urban street with vehicles and pedestrians.

5. Hotel Riu Plaza España

Madrid Centro

$166

$183 total

includes taxes & fees

Sep 3 - Sep 4

A modern conference room with wooden tables and chairs, a large potted plant, and a view of the city through large windows.

A multi-story hotel with a modern design, featuring a prominent sign at the top.

A hotel room with a large bed, a desk with a chair, a small kitchenette, and a wooden wall panel.

A buffet with various food items including bread, pastries, and deli meats.

6. B&B HOTEL Madrid Vallecas La Gavia

Villa de Vallecas

$56

$62 total

includes taxes & fees

Sep 3 - Sep 4

A modern dining area with round tables, plush chairs, and a large potted plant.

A modern interior with wooden flooring, large windows offering city views, and contemporary furniture.

A hotel room with a bed, a desk with a laptop, a chair, a nightstand, and a view of the city through a large window.

A spacious hallway with wooden flooring, a central console table with a plant, and a staircase leading to another level.

7. Hotel Acta Madfor

Moncloa - Arguelles

$116

$128 total

includes taxes & fees

Sep 2 - Sep 3

An outdoor dining area with tables and chairs, hanging plants, and a wooden ceiling structure.

A breakfast buffet with various food items and beverages.

A modern hotel lobby with seating areas, large windows, and a marble floor.

A hotel with a swimming pool, lounge chairs, and a large building with a sign.

8. NH Madrid Ventas

Salamanca

$140

$154 total

includes taxes & fees

Sep 6 - Sep 7

A modern dining area with a round table set for six, surrounded by wicker chairs, large windows with city views, and potted plants.

A hotel room with a bed, a desk, a chair, a mirror, and a view of the city.

A modern living room with a sofa, ottoman, and dining table with chairs.

A modern interior with wooden flooring, a central seating area with a round table, and a bar area with bookshelves.

9. Hotel Vincci SoMa

Salamanca

$151

$166 total

includes taxes & fees

Sep 2 - Sep 3

A modern dining area with glass tables and wooden chairs, a chandelier, and Star Wars-themed wall art.

A bedroom with a bed, a white armchair, a colorful book, and a wall with a green comic-style design.

A modern interior with a central white sofa, a patterned floor, and a wall with abstract art and text.

A modern living room with a white sofa, leather cushions, a glass coffee table, and a large framed picture on the wall.

10. Dormirdcine Cooltural Rooms

Salamanca

$139

$152 total

includes taxes & fees

Sep 6 - Sep 7

A hotel facade with signage for 'Abba Madrid' and 'Abba Hotels'.

A buffet with various food items including fruits, vegetables, and dairy products.

A balcony with a table set for breakfast, including a cup, a kettle, and a tray with food.

A modern hotel lobby with a reception desk, a seating area, and decorative lighting.

11. Abba Madrid Hotel

Salamanca

$147

$162 total

includes taxes & fees

Sep 6 - Sep 7

The exterior of an AC Hotels Marriott building with a modern design, featuring marble columns and a large glass entrance.

A modern bar area with a counter, shelves of bottles, and hanging glasses.

A reception desk with a wooden panel design and a bookshelf filled with books and decorative items.

A modern bar area with a curved counter, seating with cushioned chairs, and a view of the street outside.

12. AC Hotel Avenida de América by Marriott

Salamanca

$156

$172 total

includes taxes & fees

Sep 6 - Sep 7

A balcony with a breakfast setup including croissants, juice, and a glass of water, overlooking a cityscape at sunset.

A beach with clear turquoise water and a sandy shore. There are several umbrella-like structures along the beach.

A rooftop pool area with lounge chairs and a city view.

A restaurant with a view of a cityscape at night, featuring tables set with wine glasses and plates, and modern chairs.

13. H10 Puerta de Alcalá 4* Sup

Salamanca

$201

$221 total

includes taxes & fees

Sep 2 - Sep 3

A hotel room with a bed, a desk, and a view of a building through a balcony door.

A narrow street with buildings featuring ornate facades and balconies.

A modern lobby with a seating area, a reception desk, and artwork on the walls.

A hotel facade with black awnings, large windows, and a sign indicating it is a hotel.

14. Petit Palace Chueca

Madrid Centro

$173

$190 total

includes taxes & fees

Sep 6 - Sep 7

A modern bedroom with a bed, bedside tables, and a potted plant.

A long, narrow hallway with white walls and wooden flooring, leading to multiple doors labeled with numbers.

An outdoor cafe area with wicker chairs and tables, clear skies, and a view of buildings in the background.

A buffet with various food items including fruits, pastries, and bread.

15. NeoMagna Madrid

Salamanca

$132

$145 total

includes taxes & fees

Sep 2 - Sep 3

A staircase with a wooden handrail and metal balusters, decorated with string lights.

A modern bedroom with a large bed, a brick wall, and a wooden panel wall.

A hotel entrance with a large wooden door, stone columns, and a sign for B&B Hotels.

A hotel reception area with a circular sign reading "B&B HOTELS" and a reception desk.

16. B&B Hotel Madrid Centro F52

Madrid Centro

$163

$179 total

includes taxes & fees

Sep 6 - Sep 7

A spacious lobby with a modern design, featuring a reception desk, seating areas, and large windows with plants.

A dining table with a variety of dishes, including a salad, bread, and a fish dish, accompanied by wine glasses and small bowls of sauces.

The exterior of 'Meliá Madrid Princessa' hotel with a modern facade, large glass windows, and potted plants in front.

A spacious lobby with a modern design, featuring a large seating area, a fireplace, and a decorative wall with hanging lights.

17. Melia Madrid Princesa

Moncloa - Arguelles

$206

$226 total

includes taxes & fees

Sep 2 - Sep 3

A modern restaurant with wooden tables and chairs, a variety of decorative plates, and a ceiling fan.

A hotel room with a large bed, a small table, a chair, a lamp, and a view of the city through a window.

A modern lobby with a large reception desk, seating area, and decorative lighting.

A modern lounge area with a round table, two red upholstered chairs, a grey armchair, and a vase with flowers.

18. NH Madrid Balboa

Salamanca

$185

$204 total

includes taxes & fees

Sep 6 - Sep 7

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 building with a glass facade, surrounded by trees with autumn leaves.

19. Zleep Hotel Madrid Airport

San Blas-Canillejas

$80

$88 total

includes taxes & fees

Sep 6 - Sep 7

A modern lounge area with a red upholstered chair, a white chair, and a green chair. There are two small round tables with black bases.

A hotel room with a large bed, a yellow armchair, a wardrobe, and a floral-patterned wall.

A modern motel with a large glass entrance, a sign reading "Motel One," and a visible room number "H 2200."

20. Motel One Madrid-Plaza de España

Madrid Centro

$192

$211 total

includes taxes & fees

Sep 7 - Sep 8

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Top neighborhoods in Madrid

A cityscape with historic buildings and a prominent tower.

A cityscape with a prominent historical building featuring a clock tower, surrounded by dense urban architecture and a busy road with light trails indicating traffic.

A public square with a fountain, surrounded by lush greenery and historic buildings.

A busy urban street with historic buildings, including a prominent Metropolis building with ornate architecture.

A Metro sign with a 'Sol' street sign below it, set against a backdrop of historic buildings and a clear blue sky.

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.

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A grand archway with statues and inscriptions, surrounded by vibrant pink flowers.

A historic building with intricate brickwork and arches, featuring signs like "Plaza de Toros" and "Despacho de Billetes".

A city street with historic buildings, a prominent tower, and a round corner building.

A grand archway with intricate carvings and a plaque, surrounded by a symmetrical flower arrangement.

A historic building with ornate sculptures and a large central archway.

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.

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A grand entrance with ornate gates, a statue, and lush greenery.

A river with boats, a statue, and trees.

A statue of a man on a horse atop a monument surrounded by water and boats.

A river with boats, a statue, and a park with trees.

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.

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A sunset over a body of water with illuminated structures and trees.

A stone archway, a reflective water feature, and a cityscape with modern buildings in the background.

A stone structure with a reflection in the water, surrounded by trees and illuminated by street lamps.

A historic building complex with a reflective pool at night.

A nighttime view of ancient stone structures by a calm body of water, reflecting the illuminated buildings.

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.

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A grand historic building with a large central courtyard, columns, and a flag.

A curved, multi-story building with the name "Schweppes" on its facade.

A historic plaza with a large building featuring a prominent tower and a covered area with tables and umbrellas.

A historic building with a clock tower and a statue of a man on horseback.

Two tall buildings with classical architecture, one with a yellow facade and the other white, under a clear blue sky.

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.

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Top landmarks in Madrid

A cityscape at dusk with historic buildings, a prominent Rolex store, and a busy street.

Gran Via

9.4/10 (23,455 reviews)

If you want to give your credit card some exercise, head out to Gran Via, a popular place for shoppers in Madrid Centro. Our travelers also like the museums and art galleries in the area. It's also full of great shops and cafes, so you can spend the afternoon having a wander. Splash some more cash at Preciados Street, San Miguel Market, and El Rastro.

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A statue of a man on horseback in front of a red building with white windows and balconies.

Plaza Mayor

9.2/10 (26,411 reviews)

Plaza Mayor is worth passing through for a few pics when in Madrid Centro. Our travelers also love the museums and art galleries in the area— your sightseeing tour starts here. Madrid has other landmarks you might want to visit such as Royal Palace of Madrid.

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A large, empty stadium with blue seats and a green field.

Bernabéu Stadium

8.8/10 (9,083 reviews)

Why not catch an event at Bernabéu Stadium, a major stadium in Chamartín. Let yourself be amazed at the art galleries and museums in the area too. If you think Bernabéu Stadium is cool, you also might like Movistar Arena and Madrid Arena, both located nearby.

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Puerta del Sol

9.0/10 (21,666 reviews)

Puerta del Sol is worth passing through for a few pics when in Madrid Centro. Madrid has other landmarks you might want to visit such as Royal Palace of Madrid.

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A park with topiary trees, a paved walkway, and people walking.

El Retiro Park

9.6/10 (18,863 reviews)

El Retiro Park is worth a pic or two when discovering Jerónimos.

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A grand palace with a symmetrical garden and a central fountain.

Royal Palace of Madrid

9.4/10 (19,084 reviews)

Madrid Centro is home to Royal Palace of Madrid and is a popular place to see in Madrid. Let yourself be amazed at the museums and art galleries in the area too.

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An empty escalator in a public space with glass railings and directional signs.

IFEMA

8.6/10 (1,539 reviews)

IFEMA is worth a pic or two when discovering Barajas.

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A historic building with classical architecture, a well-maintained lawn, and a statue.

National Prado Museum

9.4/10 (16,421 reviews)

National Prado Museum is just one of the attractions in Jerónimos, Madrid so you might want to stop by during your trip. If you want to experience more of the culture Madrid has to offer, head to Gran Via, Church of San Jeronimo El Real, and Paseo del Prado.

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Frequently asked questions

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 Far Home Atocha.

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 108 hostels in Madrid. Hostel Acacias offers free in-room WiFi and free in-room toiletries. Rio Hostel has free in-room WiFi and laundry facilities. El Patio de Chueca - Hostel 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 Parque de Berlin. Be certain a visit to Puerta del Sol is in your plans.

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