A cityscape with ornate buildings and a prominent dome structure.

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Check availability on Madrid Cheap Hotels

Next weekend
6 Nov - 8 Nov
In two weeks
13 Nov - 15 Nov

Our top choices for Madrid cheap hotels

A neatly made bed with white linens, a dark headboard, and a wall-mounted artwork.

1. Woohoo Rooms Unique Madrid

Woohoo Rooms Unique Madrid
2.5 star property
Madrid Centro
9.8 out of 10, Exceptional, (70 reviews)
"Loved our stay here !"
United States
Karla
The price is ฿3,423
฿3,766 total
includes taxes & fees
2 Nov - 3 Nov
Woohoo Rooms Unique Madrid
A view from a balcony with a table and chairs, a decorative iron railing, and a building facade with a balcony and windows.

2. Gran Hotel Inglés - The Leading Hotels of the World

Gran Hotel Inglés - The Leading Hotels of the World
5.0 star property
Madrid Centro
10.0 out of 10, Exceptional, (534 reviews)
"Great hotel elegant boutique and private not massive more personalized."
United States
Ursula
The price is ฿15,821
฿17,404 total
includes taxes & fees
29 Nov - 30 Nov
Gran Hotel Inglés - The Leading Hotels of the World
A modern living room with a sofa, a coffee table, and a bookshelf.

3. Hotel Regina

Hotel Regina
4.0 star property
Madrid Centro
9.8 out of 10, Exceptional, (2,438 reviews)
"Great Hotel and Location"
United States
Jose
The price is ฿7,716
฿8,488 total
includes taxes & fees
2 Nov - 3 Nov
Hotel Regina
A building with multiple balconies, a storefront with outdoor seating, and a large wooden door.

4. Arenal Suites Preciados

Arenal Suites Preciados
3.0 star property
Madrid Centro
9.8 out of 10, Exceptional, (131 reviews)
"Location was great."
United States
Erin
The price is ฿5,123
฿5,635 total
includes taxes & fees
18 Nov - 19 Nov
Arenal Suites Preciados
A historic building with a prominent clock tower, ornate facades, and a central entrance.

5. Four Seasons Hotel Madrid

Four Seasons Hotel Madrid
5.0 star property
Madrid Centro
9.8 out of 10, Exceptional, (391 reviews)
"Excelente"
Mexico
Gabriela
The price is ฿41,464
฿45,610 total
includes taxes & fees
16 Nov - 17 Nov
Four Seasons Hotel Madrid
A modern living room with a sofa, chairs, a coffee table, and a large window with curtains.

6. Hotel Montera Madrid, Curio Collection By Hilton

Hotel Montera Madrid, Curio Collection By Hilton
5.0 star property
Madrid Centro
9.6 out of 10, Exceptional, (253 reviews)
"Nice hotel"
Canada
Ghassan
The price is ฿11,622
฿12,784 total
includes taxes & fees
9 Nov - 10 Nov
Hotel Montera Madrid, Curio Collection By Hilton
A rooftop pool with lounge chairs and umbrellas, surrounded by buildings.

7. Thompson Madrid, by Hyatt

Thompson Madrid, by Hyatt
5.0 star property
Madrid Centro
9.6 out of 10, Exceptional, (451 reviews)
"Fabulous location, amazing hotel, will definitely stay again"
Australia
Cath
The price is ฿8,224
฿9,047 total
includes taxes & fees
1 Nov - 2 Nov
Thompson Madrid, by Hyatt
A balcony with a table holding a bottle of champagne, a silver pot, and a plate with macarons and berries.

8. NH Collection Madrid Gran Vía

NH Collection Madrid Gran Vía
4.0 star property
Madrid Centro
9.6 out of 10, Exceptional, (1,000 reviews)
"Food, views and location are unbeatable."
United States
Juan
The price is ฿9,458
฿10,404 total
includes taxes & fees
30 Nov - 1 Dec
NH Collection Madrid Gran Vía
A rooftop pool area with lounge chairs and umbrellas, overlooking a cityscape with historic buildings.

9. Pestana Collection Plaza Mayor

Pestana Collection Plaza Mayor
4.0 star property
Madrid Centro
9.6 out of 10, Exceptional, (1,002 reviews)
"Amazing stay! Woukd come and stay here again!"
United States
Ruchir
The price is ฿8,293
฿9,122 total
includes taxes & fees
29 Nov - 30 Nov
Pestana Collection Plaza Mayor
A hotel room with a bed, a patterned pillow, a black desk lamp, and a view of a historic building with a clock tower.

10. Hotel Europa

Hotel Europa
3.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,015 reviews)
"Great stay, great location, courteous helpful staff, recommend."
United States
John
The price is ฿5,235
฿5,759 total
includes taxes & fees
9 Nov - 10 Nov
Hotel Europa
A building with the name "ALBENIZ" and "UMUSIC HOTEL" on the facade.

11. UMusic Hotel Madrid

UMusic Hotel Madrid
5.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,000 reviews)
"It was a great hotel!!"
United States
Adam
The price is ฿9,368
฿10,305 total
includes taxes & fees
22 Nov - 23 Nov
UMusic Hotel Madrid
A rooftop infinity pool with lounge chairs, a modern building, and a classical building in the background during sunset.

12. The Madrid EDITION

The Madrid EDITION
5.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (387 reviews)
"Extremely well located very convenient to stay"
United States
Jose
The price is ฿13,745
฿15,120 total
includes taxes & fees
1 Dec - 2 Dec
The Madrid EDITION
A lobby with a green vertical garden, marble flooring, and classic furniture.

13. Intelier Palacio de San Martín Hotel by Intelier Hotels & Suites

Intelier Palacio de San Martín Hotel by Intelier Hotels & Suites
4.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,147 reviews)
"Very lovely hotel that’s accessible to train stations, lots of restaurants and walkable to sites. Excellent location."
United States
Donna
The price is ฿4,704
฿5,175 total
includes taxes & fees
29 Nov - 30 Nov
Intelier Palacio de San Martín Hotel by Intelier Hotels & Suites
A modern lobby with a seating area, a glass coffee table, and decorative sculptures.

14. Hotel Urban a Small Luxury Hotel of the World

Hotel Urban a Small Luxury Hotel of the World
5.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,003 reviews)
"Great locations and the staff is so helpful and kind"
Canada
Milajne
The price is ฿8,711
฿9,582 total
includes taxes & fees
1 Dec - 2 Dec
Hotel Urban a Small Luxury Hotel of the World
A modern hotel room with a large bed, bedside tables, a desk with a laptop, and a cityscape painting on the wall.

15. Woohoo Rooms Boutique Sol

Woohoo Rooms Boutique Sol
3.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (405 reviews)
"Friendly and central location . Hotel and staff amazing. Clean rooms and bonus of Netflix and water in room included"
United Kingdom
Martin
The price is ฿4,564
฿5,021 total
includes taxes & fees
11 Nov - 12 Nov
Woohoo Rooms Boutique Sol
A multi-story hotel with a classic architectural design, featuring a prominent 'IW' sign at the top.

16. JW Marriott Hotel Madrid

JW Marriott Hotel Madrid
5.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (174 reviews)
"Todo excelente"
Mexico
MIGUEL ANGEL
The price is ฿15,379
฿16,917 total
includes taxes & fees
1 Dec - 2 Dec
JW Marriott Hotel Madrid
A cozy outdoor seating area with wicker chairs, a round table, and a metal cart with various items.

17. Catalonia Puerta del Sol

Catalonia Puerta del Sol
4.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (755 reviews)
"Beautifully restored property near Puerta del Sol, Plaza de España and Barrio de las letras. The rooms were clean and spacious for being in the city center. We stayed four nights and will certainly return in the future."
United States
Felix
The price is ฿5,483
฿6,031 total
includes taxes & fees
1 Nov - 2 Nov
Catalonia Puerta del Sol
An interior with a glass ceiling, ornate columns, and a central staircase.

18. Círculo Gran Vía, Autograph Collection - Adults Only

Círculo Gran Vía, Autograph Collection - Adults Only
4.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (146 reviews)
"We had a great time"
United States
Olga
The price is ฿10,253
฿11,278 total
includes taxes & fees
1 Dec - 2 Dec
Círculo Gran Vía, Autograph Collection - Adults Only
A multi-story building with ornate architectural details, including balconies and large windows.

19. Nômade Temple Madrid

Nômade Temple Madrid
5.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (199 reviews)
"Great location and beautiful room."
United States
Susan
The price is ฿7,433
฿8,177 total
includes taxes & fees
9 Nov - 10 Nov
Nômade Temple Madrid
A balcony with a wicker lounge chair, a tray with pastries, a glass of juice, a cup of coffee, a vase with flowers, and an open magazine.

20. Hotel Francisco I

Hotel Francisco I
4.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,006 reviews)
"Excellent access to tourist areas, very good breakfast."
United States
Nami
The price is ฿7,974
฿8,772 total
includes taxes & fees
1 Dec - 2 Dec
Hotel Francisco I
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

Hotel Liabeny

Hotel Liabeny

10/10 Excellent
"Great big hotel in the heart of Madrid. Nice sound proofing. Sometimes breakfast could’ve been a little fresher."
Robert 5-night trip
Posted 2 days ago
Hotel Liabeny
Hotel Emperador

Hotel Emperador

10/10 Excellent
"Amazing hotel!"
Gloria 5-night trip
Posted 4 days ago
Hotel Emperador

Frequently asked questions

What is Madrid like for travellers on a budget?
Madrid has a variety of cheap accommodation options and places to visit, making it a great holiday choice for budget-conscious travellers. In addition to its well-known attractions such as 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 accommodation in Madrid?
Based on reviews, Hotel Riu Plaza España is a popular hotel for our travellers who want a more economical choice, and features free Wi-Fi and 2 bars/lounges. Other good options to stay on the cheap include Hotel Regina and Far Home Atocha.
How many cheap hotels will I find in Madrid?
Choose a hotel that suits your wallet from 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, but bear 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 temperature of 25°C, while the coldest months are January and February, with an average of 7°C. Average annual precipitation for Madrid is 420 mm.
What is there to see and do in Madrid?
Madrid attracts visitors with its top museums and theatre 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 nearest airport is Madrid (MAD-Adolfo Suárez Madrid-Barajas), situated 7.9 mi (12.8 km) away. You can walk to nearby metro stations including Sol Station, Gran Via Station and Callao Station.