Madrid Budget hotels

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Best Madrid budget hotels

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€12 - €761€761 - €1,509€1,509 - €2,258€2,258 - €3,007€3,007+ per night

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Free cancellationFree breakfastFree parkingFree internet

Most recommended Madrid budget hotels

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Ilunion Alcala Norte - Madrid - Restaurant
Ilunion Alcala Norte
San Blas-Canillejas
8.9Very Good(5704)
Free Wi-Fi
Pet friendly
Air conditioning
€92+
Check availability
The Central House Madrid Lavapiés - Madrid - Bedroom
The Central House Madrid Lavapiés
Centro
9.0Wonderful(3707)
Free Wi-Fi
Air conditioning
€96+
Check availability
Ok Hostel Madrid - Madrid
Ok Hostel Madrid
Centro
9.0Wonderful(8393)
Free Wi-Fi
Air conditioning
€103+
Check availability
Hotel Maydrit Airport - Madrid - Restaurant
Hotel Maydrit Airport
Barajas
9.0Wonderful(7391)
Free Wi-Fi
Pool
Air conditioning
€116+
Check availability
Letoh Letoh Gran Vía - Madrid - Bedroom
Letoh Letoh Gran Vía
Centro
8.9Very Good(2635)
Free Wi-Fi
Air conditioning
€124+
Check availability
Eurostars Suites Mirasierra - Madrid - Lobby
Eurostars Suites Mirasierra
Fuencarral-El Pardo
8.9Very Good(3211)
Parking
Free Wi-Fi
Pool
Air conditioning
€130+
Check availability
Melia Avenida de America - Madrid - Restaurant
Melia Avenida de America
San Blas-Canillejas
9.0Wonderful(2950)
Airport shuttle
Free Wi-Fi
Air conditioning
€130+
Check availability
Artiem Madrid - Madrid - Building
Artiem Madrid
Ciudad Lineal
9.5Wonderful(2712)
Free Wi-Fi
Air conditioning
€137+
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Intelier Palacio San Martin - Madrid - Lounge
Intelier Palacio San Martin
Centro
8.9Very Good(5657)
Free Wi-Fi
Air conditioning
€140+
Check availability
B&B Hotel Madrid Centro Puerta del Sol - Madrid - Balcony
B&B Hotel Madrid Centro Puerta del Sol
Centro
9.0Wonderful(7164)
Free Wi-Fi
Pet friendly
Air conditioning
€144+
Check availability
Barceló Imagine - Madrid - Bedroom
Barceló Imagine
Chamartin
9.2Wonderful(2692)
Free Wi-Fi
Pool
Air conditioning
€185+
Check availability
Only You Hotel Atocha - Madrid - Restaurant
Only You Hotel Atocha
Retiro
9.0Wonderful(7689)
Free Wi-Fi
Pet friendly
Air conditioning
€206+
Check availability
Hyatt Centric Gran Via Madrid - Madrid - Lounge
Hyatt Centric Gran Via Madrid
Centro
8.9Very Good(2672)
Free Wi-Fi
Pet friendly
Air conditioning
€222+
Check availability
Hotel Regina - Madrid - Lobby
Hotel Regina
Centro
9.3Wonderful(7139)
Free Wi-Fi
Air conditioning
€222+
Check availability
Riu Plaza Espana - Madrid - Lobby
Riu Plaza Espana
Moncloa-Aravaca
9.0Wonderful(8556)
Free Wi-Fi
Pool
Air conditioning
€224+
Check availability
Booking Insights

KAYAK’s insights for budget hotels in Madrid

Discover seasonal trends, ideal booking windows, and other data-driven tips to plan your stay in Madrid with confidence.

How much does a budget hotel room in Madrid cost?

The average price for a budget hotel in Madrid is €169 but this can vary depending on the season, the star rating of the hotel and when you’ve booked. In the last 7 days, the cheapest price found on KAYAK was €168.

Which month has the cheapest rates for budget hotels?

Budget hotels in Madrid are cheapest in January, with an average rate of €90. On the other hand, they are at their most expensive in August, where the average price is €418.

What is the cheapest day of the week to book a budget hotel in Madrid?

The lowest prices can usually be found on Thursday, where the average nightly price is €61. The most expensive night is generally Saturday, where the average price is €227.

Which neighbourhood do KAYAK users most love to book their budget hotel in Madrid?

The most popular neighbourhood in Madrid among KAYAK users to search for a budget hotel is Carabanchel, with an average price of €129. Hotel Praga, Gallery Hostel Madrid, and Fast Single Rooms rank among the highest-rated hotels in Carabanchel.

How much is a budget hotel in Madrid for tonight?

The best deal for a 3-star budget hotel room in Madrid found by KAYAK users in the last 3 days was €63, while a 4-star budget hotel the lowest price was €132. The cheapest room found overall was for €63.

How much is a budget hotel in Madrid for this weekend?

The cheapest budget hotel room in Madrid for the upcoming weekend found on KAYAK in the last 3 days was for €98 per night. For the same dates, 3-star budget hotel rooms have been found for as low as €112 per night and 4-star budget hotel rooms from €128 per night.

How early should you book a budget hotel in Madrid?

Book at least 4 days before your stay begins to get the best price for your Madrid budget hotel.
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Good to know

Low season

High season

Average price (weeknight)

Average price (weekend night)

Lowest hotel price

January
August
€170
€215
€35
Cheapest month to stay with an average 44% drop in price.
Most expensive month to stay with an average 161% rise in price.
Average Sun - Thu price over the last 2 weeks.
Average Fri & Sat price over the last 2 weeks.
The cheapest budget hotel room rate in the last 7 days

KAYAK's top tips for finding Madrid budget hotel deals

  • Prices for budget hotels in Madrid are cheaper in the low season, which is in January and November.
  • Budget room prices can vary depending on different factors. However, generally, rooms cost less on a Thursday. The most expensive night for a stay is Saturday.
  • The cheapest budget hotel room in Madrid found on KAYAK in the last 2 weeks was €169. The most expensive cost €169.

FAQs about Madrid budget hotels

Where to stay in a budget hotel in Madrid?

Our map will help you find the perfect place to stay in Madrid by showing you the exact location of each hotel.

Everything you need to know for your stay in Madrid

Hotels near airports in Madrid

Madrid Barajas Airport

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