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Check prices for these dates

Tonight
Nov 11 - Nov 12
Tomorrow
Nov 12 - Nov 13
This weekend
Nov 13 - Nov 15
Next weekend
Nov 20 - Nov 22

Our top choices for Madrid cheap hotels

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

1. Hotel Riu Plaza España

Hotel Riu Plaza España
4.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (5,308 reviews)
"Excellent stay very close to everything in Madrid"
United States
Esai
The price is ₩270,770
₩297,847 total
includes taxes & fees
Nov 29 - Nov 30
Hotel Riu Plaza España
A modern hotel room with a large bed, a built-in vanity with a mirror, and a wooden panel wall.

2. Zleep Hotel Madrid Airport

Zleep Hotel Madrid Airport
3.0 star property
San Blas-Canillejas
8.6 out of 10, Excellent, (2,559 reviews)
"enjoyed my stay"
Canada
Marlene
The price is ₩92,731
₩102,004 total
includes taxes & fees
Dec 1 - Dec 2
Zleep Hotel Madrid Airport
A modern interior with a dining area, seating, and a bar.

3. SLEEP’N Atocha – B Corp Certified

SLEEP’N Atocha – B Corp Certified
2.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,962 reviews)
"Great location"
United States
Pamela
The price is ₩131,106
₩144,216 total
includes taxes & fees
Dec 9 - Dec 10
SLEEP’N Atocha – B Corp Certified
A buffet with various food items and a modern interior with hanging lights.

4. Hotel Vincci Soho

Hotel Vincci Soho
4.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,000 reviews)
"Staff was friendly. Breakfast was good. Accommodations were comfortable and clean. Would stay here again."
United States
Emily
The price is ₩199,507
₩219,458 total
includes taxes & fees
Nov 15 - Nov 16
Hotel Vincci Soho
A pool area with lounge chairs, umbrellas, and a water feature.

5. Hotel Porcel Ganivet

Hotel Porcel Ganivet
3.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (1,001 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 ₩161,931
₩178,124 total
includes taxes & fees
Dec 8 - Dec 9
Hotel Porcel Ganivet
A hotel entrance with a neon sign, large potted plants, and a multi-story building with balconies.

6. chic&basic dot

chic&basic dot
3.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (1,015 reviews)
"Great location and the staff is very helpful."
Canada
Luis
The price is ₩170,013
₩187,010 total
includes taxes & fees
Nov 15 - Nov 16
chic&basic dot
A modern living room with a sofa, a coffee table, and a bookshelf.

7. Hotel Regina

Hotel Regina
4.0 star property
Madrid Centro
9.8 out of 10, Exceptional, (2,445 reviews)
"The location is perfect and the breakfast very good"
United States
John
The price is ₩307,060
₩337,766 total
includes taxes & fees
Nov 12 - Nov 13
Hotel Regina
A hotel room with a bed, desk, and chair, a balcony with a view of the street and buildings.

8. Hostal Ballesta

Hostal Ballesta
2.0 star property
Madrid Centro
9.0 out of 10, Wonderful, (1,026 reviews)
"Location was great"
United States
Rosa
The price is ₩121,504
₩133,654 total
includes taxes & fees
Nov 30 - Dec 1
Hostal Ballesta
A hotel room with a bed, a patterned pillow, a black desk lamp, and a view of a historic building with a clock tower.

9. Hotel Europa

Hotel Europa
3.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,013 reviews)
"Great stay, great location, courteous helpful staff, recommend."
United States
John
The price is ₩223,358
₩245,694 total
includes taxes & fees
Nov 13 - Nov 14
Hotel Europa
A modern hotel room with a neatly made bed, a tray with croissants and orange juice, and a small potted plant on the nightstand.

10. Hostal Lisboa

Hostal Lisboa
3.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (463 reviews)
"Clean and very good located."
United States
Francisco
The price is ₩116,599
₩128,259 total
includes taxes & fees
Dec 2 - Dec 3
Hostal Lisboa
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.
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Top Madrid Hotel Reviews

A modern living room with a sofa, a coffee table, and a bookshelf.
Hotel Regina

Hotel Regina

Hotel Regina
Madrid Centro

10/10 Excellent

Great place to stay! Staff were great and room was large with beautiful bathroom, walk in shower. Walking distance to many restaurants and shops. Would strongly recommend staying at the Hotel Regina!
United States
Maryann
Reviewed June 29, 2025
Hotel Regina

Find out more about Madrid

Discover cheap things to do in Madrid (and vicinity)

For budget-conscious travelers exploring the greater Madrid area, a variety of affordable activities and points of interest await. Start your day at the iconic Retiro Park, a sprawling green oasis perfect for picnics, leisurely strolls, or even boat rides on the lake, all of which are either free or low-cost. History enthusiasts will appreciate the stunning architecture of the Royal Palace, where you can wander the gardens at no charge and enjoy the breathtaking views. Art lovers should not miss the renowned Museo del Prado, which offers free entry during certain hours, allowing you to soak in masterpieces without breaking the bank. In the vibrant La Latina neighborhood, indulge in tapas at local bars, where small plates can be enjoyed for just a few euros—perfect for families looking to savor authentic flavors. If you’re seeking budget accommodation, consider staying in the Malasaña district, known for its bohemian vibe and eclectic shops. Here, you can find cozy hotels that offer both comfort and convenience, making it easy to explore the area's lively streets filled with murals and quirky cafés. With a wealth of experiences that won’t stretch your wallet, greater Madrid is a playground for the adventurous traveler.

Suites Viena Plaza de España

  • Why it's great for a budget-friendly vacation: Suites Viena Plaza de España is an exceptional budget accommodation, earning an excellent review rating of 9.2. This hotel offers travelers free WiFi and toiletries, along with a convenient 24-hour airport shuttle service to ease travel logistics.
  • Other amenities: Guests can unwind on the terrace or take advantage of the kitchenette in their rooms, complete with an electric kettle and refrigerator. Self-parking options are available, and the hotel features a fitness center for those looking to stay active. With daily housekeeping and premium bedding, travelers can enjoy a restful stay in the heart of Madrid.
  • Neighborhood: Moncloa - Arguelles
  • Nearby attractions: Gran Via - 0.43 miles, Plaza de España - Princesa - 0.0 miles, Royal Palace of Madrid - 0.54 miles

Zleep Hotel Madrid Airport

  • Why it's great for a budget-friendly vacation: Zleep Hotel Madrid Airport is a fantastic option for budget travelers, an impressive review rating of 8.8. Located conveniently near the airport, this hotel offers essential amenities such as free WiFi and an airport shuttle service, ensuring a smooth travel experience for guests.
  • Other amenities: In addition to comfortable accommodations, guests can utilize the kitchenette in their rooms, featuring a mini refrigerator and microwave for easy meal prep. The hotel also provides early check-in, self-parking options, and a fitness center for those looking to keep active. Enjoy daily housekeeping and a hosted evening meal to make your stay even more enjoyable.
  • Neighborhood: San Blas-Canillejas
  • Nearby attractions: Aquopolis - 1.99 miles, Plenilunio Shopping Mall - 4.02 miles, El Capricho Park - 4.47 miles

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.