Book cheap hotels in Madrid

Madrid is popular among backpackers, digital nomads, and students. Because of the high demand, you'll find not just contemporary and luxurious hotels, but also ones that are reasonable in price for those on a tight budget. Whether you plan to stay in the city for a longer period of time or just for a weekend, you’ll find cheap hotels in Madrid in both key neighborhoods and nearby regions. If you book in advance or come in a low season, you’ll find good options in the centre. Otherwise, there are such budgetary districts as Lavapies and La Latina. Only around 20 minutes on foot from the centre, they offer local bars and delicious restaurants where you can taste famous Spanish tapas.

2993 cheap hotels in Madrid found

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  • The Hat Madrid

    700 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    9
    Excellent
    (3967 reviews)
    Featuring a restaurant onsite, the stylish The Hat Madrid hostel is situated in the Islington district, 13 minutes' walk from the Espacio Fundacion Telefonica. This hostel also offers Wi-Fi…
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  • Porcel Ganivet

    1.3 km to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.2 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (3404 reviews)
    The 3-star Porcel Ganivet Hotel Madrid is only 1.1 km from the room Royal Palace of Madrid, and it features a vending machine and a lift onsite. Boasting the…
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  • Hotel Europa

    300 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (965 reviews)
    The 3-star Hotel Europa Madrid offers a 24-hour front desk and wake-up calls and a central location, only 1.2 km from the Prado Museum. Located just near…
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  • Room Mate Oscar, Madrid

    500 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (3026 reviews)
    Located just 250 metres from Gran Via Street, the 3-star Room Mate Oscar, Madrid hotel ensures hassle-free stays by offering 24-hour reception and wake-up calls. Boasting…
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  • Leonardo Hotel Madrid City Center

    1.2 km to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (4349 reviews)
    The modern Leonardo Hotel Madrid City Center offers a 24-hour front desk and wake-up service and a prime location, about a 25-minute walk from the huge Plaza…
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  • Bastardo Hostel

    800 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (3834 reviews)
    Featuring Wi-Fi throughout the property, Bastardo Hostel Madrid is situated nearly a 25-minute walk from the scenic Plaza de Santa Ana.
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  • Toc Hostel Madrid

    400 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (5134 reviews)
    Featuring high-speed Internet access in public areas, the traditional Toc Hostel Madrid is situated just 1.2 km from the scenic Plaza de Santa Ana.
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  • Latroupe Prado

    1.3 km to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.8
    Excellent
    (8381 reviews)
    600 metres from the CaixaForum Madrid, Latroupe Prado Hostel Madrid offers an Argentinian restaurant on site.
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  • Room Mate Alicia, Madrid

    300 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (2104 reviews)
    Located merely 550 metres from the Vast pedestrianized Puerta del Sol Public Square, the 3-star Room Mate Alicia, Madrid hotel ensures hassle-free stays by offering a 24-hour…
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  • Petit Palace Puerta Del Sol

    400 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.8
    Excellent
    (2308 reviews)
    Offering car rentals, along with 24-hour front desk assistance and wake-up calls, the perfect Petit Palace Puerta Del Sol Madrid hotel is nearly 5 minutes' walk from the…
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  • Hotel Puerta De Toledo

    1.6 km to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.1 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.8
    Excellent
    (1855 reviews)
    Featuring a vending machine and a lift, the 3-star Hotel Puerta De Toledo Madrid stands approximately 15 minutes' walk from the ridge-top Royal Palace of Madrid. Boasting a…
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  • Hotel Acta Madfor

    1.4 km to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.2 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (2885 reviews)
    The 3-star Hotel Acta Madfor Madrid offers air-conditioned rooms situated approximately a 15-minute walk from Casa de Campo Lake. With private parking available, the hotel offers views…
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  • Leonardo Boutique Hotel Madrid

    2 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.2
    Excellent
    (2369 reviews)
    Around 25 minutes' walk from the ancient Egyptian Temple of Debod, the welcoming Leonardo Boutique Hotel Madrid offers a vending machine and a lift. Featuring 75 rooms with views of…
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  • Hostal Anton Martin

    500 m to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.3 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (3049 reviews)
    Offering luggage storage, the 3-star Hostal Anton Martin Madrid hotel lies in the Triangulo del arte district of Madrid, only 1.6 km from the huge Plaza Mayor and around…
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  • One Shot Prado

    300 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.8
    Good
    (1804 reviews)
    Situated a mere 1.5 km from the Roman Catholic cathedral "Catedral de Sta Maria la Real de la Almudena", the charming One Shot Prado Hotel Madrid features Wi-Fi in…
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  • Ok Hostel Madrid

    900 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    9
    Excellent
    (11845 reviews)
    Ok Hostel Madrid offers a great location, merely 9 minutes on foot from the scenic Plaza de Santa Ana, and features a library and a shopping area. The Madrid hostel…
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  • Apartamentos Recoletos

    1.2 km to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.8
    Good
    (6816 reviews)
    The functional Apartamentos Recoletos Madrid hotel, situated within 15 minutes' walk of Gran Via Boulevard, proudly provides guests with a private art gallery and an archaeological museum. Just moments from…
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  • Ibis Styles Madrid Prado

    300 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (1810 reviews)
    Located in the Triangulo del arte district of Madrid and about a 5-minute walk from Antón Martín tube station, the 3-star Ibis Styles Madrid Prado Hotel offers a…
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  • Mola Hostel

    400 m to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.2 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.8
    Good
    (4877 reviews)
    Mola Hostel Madrid, located only 1.1 km from the luxurious over-the-top rococo Royal Palace of Madrid, features Wi-Fi in public areas.
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  • Hostal Lisboa

    200 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (2524 reviews)
    Nestled in the Islington district of Madrid, the 3-star smoke-free Hostal Lisboa Madrid hotel is just 1.3 km from the vast 19th - century El Retiro Park. The charming…
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  • Hostal Oriente

    500 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (2512 reviews)
    The smoke-free Hostal Oriente Madrid hotel provides tour/ticket assistance, and an ideal location, around 25 minutes' walk from the Crystal Palace. Just a few steps from the huge…
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  • Hostal Macarena

    700 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.8
    Good
    (86 reviews)
    Located right in the centre of Madrid, the 2-star Hostal Macarena Madrid hotel offers fast access to the vast 19th - century El Retiro Park, around 25 minutes' walk away.
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  • Hostal Palacio Luna

    200 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (2257 reviews)
    Featuring a lift and a tour desk, Hostal Palacio Luna Madrid hotel is nestled in Madrid, a 16-minute walk from the Plaza de Cibeles. Staying here you can use…
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  • Hostal Santa Cruz

    500 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.8 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    9
    Excellent
    (819 reviews)
    Hostal Santa Cruz Madrid hotel, located an 11-minute walk from the Royal Real Basilica de San Francisco el Grande, features Wi-Fi in public areas. This guest house offers…
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  • Ibis Madrid Aeropuerto Barajas

    11.8 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.2
    Excellent
    (8158 reviews)
    Located just 1.5 km from the Casa de Campo Park, the 2-star smoke-free Ibis Madrid Aeropuerto Barajas Hotel features Wi-Fi in public areas and a private parking…
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  • Room Mate Mario, Madrid

    400 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (3824 reviews)
    Featuring a lift and free newspapers, the 2-star Room Mate Mario, Madrid hotel is nestled in Madrid, 250 metres from the prominent opera house "Teatro Real". Situated in close…
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  • Hostal Triana

    300 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.8
    Excellent
    (2223 reviews)
    The 3-star luxurious Hostal Triana Madrid hotel enjoys a vibrant location approximately 5 minutes' walk from the Real Academia de Bellas Artes de San Fernando and offers 46 rooms…
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  • Pension San Isidro

    200 m to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.1 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.2
    Good
    (1130 reviews)
    Located within 15 minutes' walk of the huge Plaza Mayor, the 2-star Pension San Isidro Madrid provides guests with tour/ticket assistance for a better travel experience. In proximity…
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  • Holiday Inn Express - Madrid - Airport By Ihg

    13.3 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.3 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.8
    Excellent
    (7798 reviews)
    Offering a prime location 3.7 km from the Parque del Humedal, the 3-star smoke-free Holiday Inn Express - Madrid - Airport By Ihg is proud to feature a banquet hall…
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  • Madrid Chamartin, Affiliated By Melia

    6.1 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (8511 reviews)
    Situated around a 25-minute walk from the football Santiago Bernabeu Stadium, Hotel Madrid Chamartin, Affiliated By Melia features a vending machine and a lift. At this 3-star hotel…
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  • Principe Pio

    800 m to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.4 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.8
    Excellent
    (6079 reviews)
    The 3-star smoke-free Principe Pio Hotel Madrid is approximately a 15-minute walk from the Basilica of Saint Michael, and features currency exchange and a tour desk onsite.
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  • Way Hostel Madrid

    600 m to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.4 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (5867 reviews)
    Located only 600 metres from the Lope de Vega House-Museum, Way Hostel Madrid offers Wi-Fi in public areas and public parking.
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  • Hostal Aguilar

    100 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.8 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    9
    Excellent
    (1795 reviews)
    Featuring a vending machine and a lift, the 2-star Hostal Aguilar Madrid hotel is located in the Barrio de las Letras district, about a 15-minute walk from the…
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  • Compostela Suites

    10.8 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (4886 reviews)
    Located around a 10-minute ride from the Casa de Campo Park, the perfect 3-star Compostela Suites Madrid hotel features Wi-Fi throughout the property and private parking on…
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  • Room Mate Macarena, Madrid Gran Via

    200 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.8
    Excellent
    (5816 reviews)
    Offering a central location in the very heart of the city, the 3-star smoke-free Room Mate Macarena, Madrid Gran Via hotel is 1 km from the Basilica of…
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  • Acta Piramides

    1.9 km to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.1 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    9
    Excellent
    (3346 reviews)
    Offering a strategic location around 25 minutes' walk from Gran Via Boulevard, the comfortable Acta Piramides Hotel Madrid is proud to feature a banquet hall crafted for social and corporate…
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  • Hotel Madrid Rio

    3.2 km to the city centre
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    Very good location
    This property boasts very good location. It has a score 7.9 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.2
    Good
    (8885 reviews)
    Featuring a restaurant, the comfortable 2-star Hotel Madrid Rio is located around a 5-minute stroll from the Casa del Lector. Boasting an à la carte restaurant, the smoke…
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  • Hotel Avenida Gran Via

    200 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.2
    Excellent
    (1950 reviews)
    Located nearly 5 minutes' walk from the famed Gran Via Street, the 3-star family Hotel Avenida Gran Via Madrid offers 24-hour reception and wake-up service. Thanks to…
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  • Hostal Hispalense

    400 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (983 reviews)
    Located about a 25-minute walk from the Reina Sofía Museum, Hostal Hispalense Madrid hotel includes 12 rooms. There is also parking.
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  • Casa El Viso

    3 km to the city centre
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    Very good location
    This property boasts very good location. It has a score 7.9 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    6
    Average
    (1022 reviews)
    Situated only a 5-minute walk from the Calle de Velazquez, Casa El Viso Hotel Madrid includes 6 rooms with views of the garden. Guests travelling by car can also…
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  • Ibis Madrid Centro Las Ventas

    3.5 km to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (3327 reviews)
    The smoke-free Ibis Madrid Centro Las Ventas hotel has 112 rooms and is located nearly a 25-minute walk from the wax Museo de Cera de Madrid. Furnished with…
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  • Exe Suites 33

    500 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.6
    Excellent
    (2148 reviews)
    Featuring Wi-Fi in public areas, the 3-star Exe Suites 33 Madrid hotel sits 25 minutes' walk from the Royal Botanical Garden of Madrid. The hotel is housed in…
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  • Rio Hostel

    2.8 km to the city centre
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    Very good location
    This property boasts very good location. It has a score 7.3 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    6.2
    Good
    (2911 reviews)
    Located nearly 5 minutes' walk from the Plaza Río 2 Shopping Center, Rio Hostel Madrid offers guests to make use of guided tour service. Offering Wi-Fi, the Madrid hostel…
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  • Zleep Madrid Airport

    13.3 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.2
    Excellent
    (11705 reviews)
    The 3-star smoke-free Zleep Madrid Airport Hotel is merely 200 metres from the Infante de Orleans Foundation Museum, featuring spa therapy and a shared lounge. Along with the…
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  • The Central House Madrid Lavapies

    900 m to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9.4 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    9
    Excellent
    (7328 reviews)
    Located approximately 25 minutes' walk from the cibeles Cybele Palace, The Central House Madrid Lavapies hostel offers Wi-Fi in public areas and private car parking. This Madrid hostel lies…
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  • Far Home Bernabeu

    3.9 km to the city centre
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    Superb location
    This property boasts superb location. It has a score 8.7 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.4
    Excellent
    (3330 reviews)
    The cosy Far Home Bernabeu Madrid hostel is around a 25-minute walk from the Calle de Velazquez and features a lift and a tour desk onsite.
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  • Abalu Collection Hotel Boutique Gran Via (Adults Only)

    500 m to the city centre
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    Excellent location
    This property boasts excellent location. It has a score 9 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    7.6
    Good
    (1489 reviews)
    Featuring Wi-Fi in public areas, Abalu Collection Hotel Boutique Gran Via Madrid is a 20-minute walk from the Plaza de Colón. Located within a few blocks of the…
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  • Hotel Madrid Centro, Affiliated By Melia

    500 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.6 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8
    Good
    (3165 reviews)
    The 3-star Hotel Madrid Centro, Affiliated By Melia is located 11 minutes' walk from Gran Via Street, right in the centre of Madrid, and offers rooms with city views.
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  • Hostal Madrid Star

    200 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.5 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    8.2
    Excellent
    (2787 reviews)
    Located just 1.2 km from the art Museo Nacional Thyssen-Bornemisza, Hostal Madrid Star hotel offers Wi-Fi throughout the property and a car park. This Madrid guest house lies…
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  • Hostal Gonzalo

    500 m to the city centre
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    Exceptional location
    This property boasts exceptional location. It has a score 9.8 out of 10 for location according to the visitors’ reviews. It must be a convenient place to stay!
    9.2
    Excellent
    (445 reviews)
    The 2-star smoke-free Hostal Gonzalo Madrid hotel provides proximity to the Plaza de Colón, which is located only 1 km away. This Madrid guest house offers 21 rooms…
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