Madrid Budget Hotels from RM326

Discover cheap things to do in Madrid (and vicinity)

For budget-conscious travellers seeking affordable yet enriching experiences in the greater Madrid area, there are several attractions that won't break the bank. Start your adventure at the iconic Retiro Park, where you can enjoy peaceful walks, rent a rowboat on the lake, or marvel at the stunning Crystal Palace, all for free or at minimal cost. Next, explore the vibrant Mercado de San Miguel, a historic market brimming with gourmet tapas and local delicacies; sampling a variety of dishes is both affordable and delicious, making it a perfect spot for food lovers. Don't miss the chance to visit Madrid's stunning Royal Palace, where you can take free entry on certain weekdays, allowing you to wander through opulent halls and beautiful gardens without spending a euro. For a taste of local culture, the Lavapiés neighbourhood offers a colourful blend of street art, diverse cuisine, and vibrant markets, perfect for a leisurely stroll or a budget-friendly meal at one of its many eateries. Consider staying in the Malasaña district, known for its bohemian vibe and affordable hotels, where you can unwind after a day of exploration. The area is dotted with quirky cafes and vintage shops, providing a unique atmosphere that perfectly complements your Madrid adventure.

Find the best cheap hotels in Madrid (and vicinity)

For budget-conscious travelers heading to Madrid, these hotels offer excellent value without compromising on comfort and convenience. Each hotel is designed to provide a pleasant stay while keeping costs low.

Apartosuites Jardines de Sabatini

• Why it's great for a budget-friendly vacation: Apartosuites Jardines de Sabatini stands out as a budget-friendly option for travellers, with a stellar traveler review rating of 9.6. Located near the historic district, this hotel offers essential amenities like free WiFi and toiletries, making it a practical choice for those looking to explore the city without overspending.
• Other amenities: Guests can take advantage of the 24-hour airport shuttle service and nearby parking options. Each suite is equipped with a kitchen and dining table, ideal for preparing meals and saving on dining costs. The hotel features a rooftop terrace, accessible fitness centre, and daily housekeeping. A range of shopping options is available onsite, enhancing the overall convenience for travelers.
• Neighborhood: Moncloa-Aravaca
• Nearby attractions: Gran Via - 0.6 km, Plaza de España - Princesa - 0 km

Suites Viena Plaza de España

• Why it's great for a budget-friendly vacation: Suites Viena Plaza de España is a fantastic option for budget travellers looking for a central location near key attractions. With a strong review rating of 9.2, this hotel offers free WiFi and toiletries to ensure guests have a comfortable stay at an affordable price. The hotel’s terrace provides a lovely space to unwind after a day of sightseeing in Madrid.
• Other amenities: Guests can enjoy convenient amenities such as 24-hour airport shuttle service and self-parking options. The hotel features kitchenettes in the rooms, complete with essential appliances for easy meal preparation. Additional features include a fitness centre, daily housekeeping, and a concierge service to assist with local explorations and recommendations, ensuring a well-rounded and enjoyable stay.
• Neighborhood: Moncloa - Arguelles
• Nearby attractions: Plaza de España - Princesa - 0 km, Gran Via - 0.7 km, Royal Palace of Madrid - 0.9 km

Zleep Hotel Madrid Airport

• Why it's great for a budget-friendly vacation: Zleep Hotel Madrid Airport is a fantastic choice for budget-conscious travellers needing a convenient and comfortable stay near the airport. With a solid traveler review rating of 8.8, this hotel provides all the essentials including complimentary WiFi and a scheduled airport shuttle service, making it easy to catch your flight without hassle.
• Other amenities: Guests can enjoy self-parking options, a kitchenette in their rooms, and a mini-refrigerator for added convenience. The hotel also offers early check-in, daily housekeeping, and a concierge service to assist with local inquiries. A hosted evening meal option is available, and there are fitness facilities for those looking to maintain their routine while travelling. The presence of a snack bar ensures that travelers have access to refreshments at any time.
• Neighborhood: San Blas-Canillejas
• Nearby attractions: Plenilunio Shopping Mall - 6.5 km, Aquopolis - 3.2 km, El Capricho Park - 7.2 km