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Budget hotels in Madrid, Spain

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Travel insights for budget hotels in Madrid

Use our HotelsCombined data-powered tips to help you find your next budget hotel in Madrid.

What is the cheapest month to book budget hotels in Madrid?

The cheapest month to book budget hotels in Madrid is January ($152). Conversely, the most expensive month to stay in Madrid is May ($315).

What is the cheapest day to stay in a budget hotel in Madrid?

The cheapest day to stay in Madrid is Sunday ($211). On the other hand, travelers can expect to pay the most on Tuesday, when the average nightly price is $322.

Which Madrid neighborhoods are most popular to stay in?

Those visiting Madrid tend to stay in Fuencarral-El Pardo, where a budget hotel costs around $149/night. Another popular neighborhood in Madrid is Canillejas, which is $145/night on average for a budget hotel.

How much is a budget hotel in Madrid tonight?

Users have found prices for budget hotels in Madrid tonight starting as low as $78, rising to an average cost of $211, based on searches in the last 72 hours. Prices start from $78 for a 4-star budget hotel in Madrid for tonight.

How much is a Madrid budget hotel room this weekend?

In the past 72 hours, we’ve seen prices for budget hotels in Madrid this weekend for as little as $138/night. If you’re specifically looking for a 3-star hotel this weekend, our users have found prices as low as $138/night. For a 4-star budget hotel in Madrid, the cheapest rate recently found was $152/night for this weekend.

What’s the recommended booking timeframe for Madrid budget hotels?

For the best rates, it's recommended to book your Madrid budget hotel at least 49 days before your stay.
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Cheapest Budget hotels in Madrid, Spain

Discover affordable stays in Madrid, Spain that provide a quality experience without breaking the bank. Hotels in Madrid, Spain can be found for as low as $21 per night. There is currently one property in Madrid, Spain that can be booked for this price. Hostel Center Madrid is one of the hotels that can be booked for the lowest price in Madrid, Spain. Price data was last updated on June 30, 2025
For those on a budget, these are the cheapest hotels available in Madrid for the selected dates. Consider alternative dates if you're able to compare prices.
Hostel Center Madrid
Hostel Center Madrid

Hostel Center Madrid

Calle Infantas 44, Madrid, Spain
0.4 mi from city centre
Free Wi-Fi
$21
Avg. per night
View Deal
room00 Ventura Hostel
room00 Ventura Hostel

room00 Ventura Hostel

C/ Ventura de la Vega, 5, Madrid, Spain
0.2 mi from city centre
Free Wi-Fi
Airport shuttle
$22
Avg. per night
View Deal

Other accommodations in Madrid, Spain

Discover the ideal theme hotel, vacation rental or hostel for your stay in Madrid, Spain. There are 10,826 properties in Madrid, Spain and price data was last updated on June 30, 2025.
Smartrental Collection Centric II
Smartrental Collection Centric II

Smartrental Collection Centric II

Gran Via 48, Madrid, Spain
0.4 mi from city centre
Free Wi-Fi
$236
Avg. per night
View Deal
Tgh Gran Vía Apartments
Tgh Gran Vía Apartments

Tgh Gran Vía Apartments

Madrid, Spain
0.4 mi from city centre
Air Conditioning
$153
Avg. per night
View Deal
Apartamentos Juan Bravo
Apartamentos Juan Bravo

Apartamentos Juan Bravo

Madrid, Spain
1.9 mi from city centre
Air Conditioning
$101
Avg. per night
View Deal
Novotel Madrid City Las Ventas
Novotel Madrid City Las Ventas

Novotel Madrid City Las Ventas

Albacete 1, Madrid, Spain
3.0 mi from city centre
Free Wi-Fi
$112
Avg. per night
View Deal
Senator Barajas
Senator Barajas

Senator Barajas

Galeon 27, Madrid, Spain
7.0 mi from city centre
Free Wi-Fi
$86
Avg. per night
View Deal
Hotel Puerta America
Hotel Puerta America

Hotel Puerta America

Avenida de America, 41 or, Madrid, Spain
2.5 mi from city centre
Free Wi-Fi
$94
Avg. per night
View Deal
Hostal Central Palace Madrid
Hostal Central Palace Madrid

Hostal Central Palace Madrid

Plaza Oriente 2, Madrid, Spain
0.5 mi from city centre
Free Wi-Fi
$126
Avg. per night
View Deal
Toc Hostel Madrid
Toc Hostel Madrid

Toc Hostel Madrid

Plaza Celenque 3-5, Madrid, Spain
0.2 mi from city centre
Free Wi-Fi
Airport shuttle
$23
Avg. per night
View Deal
Hostal Lisboa
Hostal Lisboa

Hostal Lisboa

Ventura de la Vega 17, Madrid, Spain
0.2 mi from city centre
Free Wi-Fi
$86
Avg. per night
View Deal

Explore Madrid, Spain

Explore different neighborhoods and areas within Madrid to find the perfect location for your stay. Map data was last updated on June 30, 2025.
Utilize the map to find properties close to the Madrid area(s) or attractions you plan on visiting. Users can click on a hotel's name to find more information about it, such as price, reviews, and amenities, and also find different deals for the property.

Budget hotels FAQs

Find useful tips and insights about staying in Madrid to help you make the most of your experience. FAQs were last updated on June 30, 2025.

  • What is the typical nightly rate for a Budget hotels in Madrid?

    You can expect a nightly rate of $21 when looking for a Budget hotels in Madrid. Finding great rates on Budget hotels can be tough, but the best nightly rate found in Madrid was $17. Cheaper rates on a Budget hotels in Madrid can usually be found at Hostel Puerta del Ángel.

  • How do prices at Budget hotels compare to other hotels in Madrid?

    A Budget hotels will typically cost you less than the average Madrid hotel. Rates in Madrid for a Budget hotels are, on average, $21 per night. HotelsCombined users typically see a nightly rate of $128 when staying in the city.

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