Cheap Hotels in Madrid

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Cheap Hotels in Madrid

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

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

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.

1. Hotel Riu Plaza España

Madrid Centro

$171

$188 total

includes taxes & fees

Nov 9 - Nov 10

A gym with treadmills, elliptical machines, and weight benches.

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

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

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

2. Hotel101- Madrid

Barajas

$86

$95 total

includes taxes & fees

Oct 18 - Oct 19

A modern interior with a staircase leading to upper floors, potted plants, and a seating area with cushions.

A hotel room with a bed, a desk with a lamp, a chair, and a door leading to an outdoor area.

A modern hotel lobby with a reception desk, seating area, and large windows.

A room with a large black door leading to a balcony with a wrought iron railing.

3. Latroupe Prado

Arganzuela

$126

$139 total

includes taxes & fees

Nov 16 - Nov 17

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

A gym with weightlifting equipment, a motivational sign, and a wooden wall.

A balcony with breakfast items, two glasses of juice, and a view of a statue and building facade.

A modern hotel room with a sofa, a bed, a coffee table, and a framed artwork on the wall.

4. Hotel Regina

Madrid Centro

$290

$487 total

includes taxes & fees

Oct 19 - Oct 20

A woman sitting by a pool with a cityscape in the background.

A rooftop terrace with a table set for two, overlooking a cityscape with various buildings.

A hotel room with a wooden desk, two chairs, a large mirror, and a view of buildings through a window with curtains.

A modern interior with unique wooden ceiling structures, a reception desk, and a view of the city.

5. Room Mate Macarena, Madrid Gran Vía

Madrid Centro

$209

$230 total

includes taxes & fees

Nov 9 - Nov 10

A multi-story hotel with a prominent "HOTEL EMPERADOR" sign, featuring a classic architectural style with balconies and large windows.

A hotel lobby with a modern design, featuring a mix of seating areas, a large decorative sculpture, and a view through the windows.

A bar area with a marble counter, multiple liquor bottles, and three bar stools.

A rooftop terrace with a city view, featuring a sofa, a table with a vase, and potted plants.

6. Hotel Emperador

Madrid Centro

$180

$198 total

includes taxes & fees

Nov 16 - Nov 17

A modern bar area with a city view, orange seating, and a bar counter.

A modern hotel room with a large bed, a desk, a chair, a small table, a bookshelf, and a bathroom with a mirror and sink.

A poolside area with a person sitting by the pool, a white curtain, and a number '105' on the pool edge.

A modern lounge with a cityscape view, seating arrangements, and a bar area.

7. Novotel Madrid Center

Salamanca

$201

$221 total

includes taxes & fees

Nov 9 - Nov 10

A grand hotel with multiple floors, ornate architectural details, and illuminated signage.

A grand hallway with a large ornate painting, a sofa set, and a decorative gate.

A restaurant with tables set for dining, a large window overlooking a busy street, and a painting on the wall.

A view through a window with a wrought iron railing, overlooking a cityscape with historic buildings and a clock tower.

8. Hotel Atlantico Madrid

Madrid Centro

$302

$332 total

includes taxes & fees

Nov 16 - Nov 17

A rooftop terrace with modern outdoor seating, a view of the cityscape, and a building with a tower in the background.

A modern kitchen with a central island, wooden flooring, and a dining area with chairs and a table.

A modern kitchen with a large window, white cabinetry, and a stainless steel oven.

A rooftop pool with two water jets, surrounded by a cityscape view at dusk.

9. Gran View Apartments

Madrid Centro

$179

$197 total

includes taxes & fees

Nov 16 - Nov 17

A modern library with a circular bookshelf, a leather sofa, and a patterned floor.

A hotel room with a bed, a desk, a chair, a TV, and a balcony with a view.

A modern restaurant with multiple dining areas, hanging plants, and industrial-style lighting.

A hotel room with a large window, a bed, a desk, a chair, and a lamp.

10. Only YOU Hotel Atocha

Jerónimos

$225

$248 total

includes taxes & fees

Nov 2 - Nov 3

A modern lobby with a staircase, seating area, and a reception desk.

The entrance of Hotel Liabeny with a sign above the doors and flags on the facade.

A modern restaurant with round tables and cushioned chairs, a bar area with copper taps, and a large pillar structure.

A modern hotel room with a bed, bedside tables, a desk, a chair, and a TV mounted on the wall.

11. Hotel Liabeny

Madrid Centro

$276

$303 total

includes taxes & fees

Nov 9 - Nov 10

A black and white checkered floor, ornate black metal railings, and blue and white patterned walls.

A hotel corridor with a buffet area, wooden cabinets, and a chandelier.

An outdoor dining area with wicker tables and chairs, surrounded by lush greenery and vines.

A building with a sign reading 'LIBERIA' and a blue awning with 'Only YOU' written on it.

12. Only YOU Boutique Hotel

Madrid Centro

$376

$414 total

includes taxes & fees

Nov 15 - Nov 16

A hotel facade with a modern design, large windows, and a decorative arch of pink flowers.

A modern restaurant with a long counter, wooden flooring, and pendant lighting.

A spacious lobby with a high ceiling, red upholstered seating, and a patterned carpet.

A modern bar area with a red bar counter, marble flooring, and a seating area with yellow chairs.

13. Radisson RED Madrid

Madrid Centro

$224

$247 total

includes taxes & fees

Nov 1 - Nov 2

A hotel room with a bed, a patterned pillow, a black desk lamp, and a view of a historic building with a clock tower.

A hotel corridor with a bed, a chair, and a balcony with a railing.

A multi-story hotel with balconies, a central entrance, and a street-facing café area with outdoor seating.

A spacious dining area with multiple tables, each set with white tablecloths and black chairs.

14. Hotel Europa

Madrid Centro

$166

$183 total

includes taxes & fees

Nov 9 - Nov 10

A rooftop bar with outdoor seating, overlooking a historic building with a dome.

A conference room with a glass table, chairs, and a chandelier.

A room with a patterned floor, a bench, and a ceiling light fixture.

A large, white, multi-story building with a classic architectural style, featuring a central entrance with a green awning and multiple balconies.

15. Pestana CR7 Gran Vía Madrid

Madrid Centro

$238

$261 total

includes taxes & fees

Nov 15 - Nov 16

A modern interior with a sofa, a desk, and a wall with a moon illustration.

A modern office space with a wooden conference table, a sofa with yellow cushions, a potted plant, and a cityscape painting on the wall.

A modern dining area with wooden tables and chairs, potted plants, and large windows offering views of the outside.

A modern staircase with metal railings and wooden steps, a neon sign reading "URBAN INN MADRID", and a potted plant in the center.

16. Capsule Inn Madrid

Madrid Centro

$82

$91 total

includes taxes & fees

Nov 2 - Nov 3

A spacious, well-lit hotel lobby with a long dining table, comfortable seating, and abundant indoor plants.

A modern Marriott hotel entrance with a glass facade, a well-lit lobby, and a sign indicating it is the Madrid Princess Plaza location.

An outdoor seating area with wicker furniture, tables, and potted plants.

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

17. Madrid Marriott Hotel Princesa Plaza

Madrid Centro

$193

$212 total

includes taxes & fees

Nov 1 - Nov 2

A bedroom with a large bed, a teal accent wall, a wooden floor, and a balcony with a view.

A multi-story building with balconies and large windows.

A compact kitchen with a washing machine, a dishwasher, and a wooden countertop.

A modern kitchen with white cabinets, a wooden countertop, a sink, and a stove.

18. Live It Gran Via

Madrid Centro

$81

$89 total

includes taxes & fees

Oct 18 - Oct 19

A view of a cityscape with a swimming pool in the foreground.

A hotel room with a large bed, a desk with a mirror, and a bathroom with a sink.

A balcony with wicker chairs and cushions, overlooking a row of historic buildings.

A restaurant with a neon-lit mural of a building, dark blue upholstered seating, and tables set with glasses and plates.

19. SmartRental Collection Gran Vía Capital

Madrid Centro

$242

$266 total

includes taxes & fees

Nov 2 - Nov 3

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

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.

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

20. B&B Hotel Madrid Centro F52

Madrid Centro

$158

$174 total

includes taxes & fees

Nov 16 - Nov 17

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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 ornate facades, multiple balconies, and a central plaque reading 'PLAZA MAYOR'.

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.

A historic building with ornate columns and a central archway, surrounded by a well-maintained flower garden.

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 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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Ancient stone structures by a reflective water body, surrounded by trees.

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

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

A historic building complex with a reflective pool at night.

A historical plaza with stone buildings and a fountain.

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 bustling square with historic buildings, a prominent clock tower, and a statue in the center.

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

A historic building with ornate architecture, featuring columns, balconies, and decorative elements.

A bustling square with historic buildings, a prominent dome, and people gathered under umbrellas.

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

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 restaurants, so you can spend the afternoon having a wander. Splash some more cash at San Anton Market, Preciados Street, and San Miguel Market.

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A statue of a bear holding a tree with the inscription "50 AÑOS EN SOL".

Puerta del Sol

9.0/10 (21,666 reviews)

Puerta del Sol is worth passing through for a few pics when in Madrid Centro.

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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 museums and art galleries 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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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 art galleries and museums in the area— your sightseeing tour starts here.

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A large glass conservatory with a pond in front.

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 building with classical architecture, featuring columns, statues, and a flag.

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, Puerta del Sol, and Bernabéu Stadium.

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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 grand historic building with classical architecture, featuring columns, statues, and a dome.

Royal Palace of Madrid

9.4/10 (19,084 reviews)

Madrid Centro is home to Royal Palace of Madrid, so why not stop by during your stay in Madrid. Let yourself be amazed at the museums and art galleries in the area too.

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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 111 hostels in Madrid. Rio Hostel offers free in-room WiFi and laundry facilities. Hostel 165 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 la Dehesa de la Villa. Be certain a visit to Puerta del Sol is in your plans.

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More ways to book

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