Madrid Budget Hotels from RM398

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Top Madrid Budget Hotels

Hotel Atlantico Madrid
4.0 star property
9.8 out of 10, Exceptional, (2180)
"Great hotel "
The price is RM1,317
RM1,449 total
includes taxes & fees
9 Nov - 10 Nov
Hotel Atlantico Madrid
Hostal Madrid Atocha
2.0 star property
8.4 out of 10, Very good, (1074)
"Nice and clean many restaurants and metro station is close to the hotel recommended "
The price is RM362
RM398 total
includes taxes & fees
2 Nov - 3 Nov
Hostal Madrid Atocha
Hotel Regina
4.0 star property
9.8 out of 10, Exceptional, (2166)
"Clean room, great breakfast, great location"
The price is RM894
RM983 total
includes taxes & fees
19 Oct - 20 Oct
Hotel Regina
NH Collection Madrid Suecia
5.0 star property
9.4 out of 10, Exceptional, (1001)
"Good hotel! "
The price is RM1,121
RM1,233 total
includes taxes & fees
2 Nov - 3 Nov
NH Collection Madrid Suecia
Hotel Liabeny
4.0 star property
9.4 out of 10, Exceptional, (1450)
"Great location. Great room. Turn right out of the hotel to walk Madrid for food and drink and neighborhood vibes. Turn left for sights palace and cathedral. "
Hotel Liabeny
Hard Rock Hotel Madrid
4.5 star property
9.4 out of 10, Exceptional, (2280)
"Great place to stay and friendly staff."
The price is RM938
RM1,031 total
includes taxes & fees
2 Nov - 3 Nov
Hard Rock Hotel Madrid
Hotel Mediodia
2.0 star property
9.0 out of 10, Wonderful, (1005)
"Nice, comfortable hotel. Would stay here again. "
The price is RM672
RM740 total
includes taxes & fees
9 Nov - 10 Nov
Hotel Mediodia
SLEEP’N Atocha – B Corp Certified
2.0 star property
9.4 out of 10, Exceptional, (1544)
"Perfect place to stay in Madrid!"
The price is RM753
RM828 total
includes taxes & fees
9 Nov - 10 Nov
SLEEP’N Atocha – B Corp Certified
Hotel Europa
3.0 star property
9.2 out of 10, Wonderful, (1008)
"Very nice staff and the location is the best"
Hotel Europa
NH Madrid Barajas Airport
3.0 star property
8.8 out of 10, Excellent, (1288)
"Great stay"
The price is RM480
RM528 total
includes taxes & fees
9 Nov - 10 Nov
NH Madrid Barajas Airport
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.

Find out more about Madrid

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

Top Madrid Hotel Reviews

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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 Plaza Mayor, 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 Far Home Atocha and Hotel Atlantico Madrid.
How many cheap hotels will I find in Madrid?
Choose a hotel that suits your wallet from Expedia's 317 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 Plaza Mayor, and choose other low-cost activities to fill your itinerary. Head to Gran Via and Preciados Street for some bargain shopping, or hunt for deals at San Miguel 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.