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Budget hotels in Madrid, Spain

Search, compare, and save on Madrid, Spain Budget hotels from hundreds of travel sites on HotelsCombined.

Madrid, Spain
1 May — 2 May2
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Travel insights for budget hotels in Madrid

Use our HotelsCombined data-powered tips to help you find your next budget hotel in Madrid.

What is the cheapest month to book budget hotels in Madrid?

The cheapest month to book budget hotels in Madrid is August (£69). Conversely, the most expensive month to stay in Madrid is March (£195).

What is the cheapest day to stay in a budget hotel in Madrid?

The cheapest day to stay in Madrid is Thursday (£85). On the other hand, travelers can expect to pay the most on Monday, when the average nightly price is £128.

Which Madrid neighborhoods are most popular to stay in?

Those visiting Madrid tend to stay in La Latina, where a budget hotel costs around £132/night. Another popular neighborhood in Madrid is Valdeacederas, which is £102/night on average for a budget hotel.

How much is a budget hotel in Madrid tonight?

Users have found prices for budget hotels in Madrid tonight starting as low as £74, rising to an average cost of £244, based on searches in the last 72 hours. Prices start from £109 for a 4-star budget hotel in Madrid for tonight.

How much is a Madrid budget hotel room this weekend?

In the past 72 hours, we’ve seen prices for budget hotels in Madrid this weekend for as little as £164/night. If you’re specifically looking for a 3-star hotel this weekend, our users have found prices as low as £185/night. For a 4-star budget hotel in Madrid, the cheapest rate recently found was £120/night for this weekend.

How far ahead should you book a hotel in Madrid?

Save money by booking a hotel at least 37 days before your trip to Madrid. The lowest price found when booking 37 days ahead was £80 per night.

Cheapest Budget hotels in Madrid, Spain

Discover affordable stays in Madrid, Spain that provide a quality experience without breaking the bank. Hotels in Madrid, Spain can be found for as low as £19 per night. There is currently one property in Madrid, Spain that can be booked for this price. Hostel Center Madrid is one of the hotels that can be booked for the lowest price in Madrid, Spain. Price data was last updated on 24 April 2025
These are the lowest prices we've found on hotels in Madrid at the moment. If you have flexibility with arrival and departure, use the search form to compare prices for other dates.
Show all 2,714 hotels
Calle Infantas 44, Madrid, Spain
0.4 mi from city centre
Free Wi-Fi
£19
Avg. per night
C/ Sagasta 22, Madrid, Spain
0.9 mi from city centre
Free Wi-Fi
£19
Avg. per night
Relatores 17, Madrid, Spain
0.2 mi from city centre
Free Wi-Fi
Airport shuttle
£22
Avg. per night
C/ Ventura de la Vega, 5, Madrid, Spain
0.2 mi from city centre
Free Wi-Fi
Airport shuttle
£22
Avg. per night
Ronda de Segovia 14, Madrid, Spain
0.9 mi from city centre
Free Wi-Fi
£22
Avg. per night
Madrid, Spain
1.2 mi from city centre
Air conditioning
£23
Avg. per night
Entre Arroyos 19Bis, Madrid, Spain
2.6 mi from city centre
Free Wi-Fi
£23
Avg. per night
Calle Gran Vía, 6 - 1, Madrid, Spain
0.4 mi from city centre
Free Wi-Fi
Air conditioning
£24
Avg. per night

Other accommodations in Madrid, Spain

Discover the ideal theme hotel, holiday rental or hostel for your stay in Madrid, Spain. There are 10,962 properties in Madrid, Spain and price data was last updated on 24 April 2025.
Show all 10,962 stays
Gran Via 48, Madrid, Spain
0.4 mi from city centre
Free Wi-Fi
£194
Avg. per night
13 Calle de Las Mercedes, Madrid, Spain
2.7 mi from city centre
Free Wi-Fi
£25
Avg. per night
Plaza Pedro Zerolo, 3, Madrid, Spain
0.4 mi from city centre
Free Wi-Fi
Air conditioning
£20
Avg. per night
Calle Atocha, 45, Madrid, Spain
0.2 mi from city centre
Free Wi-Fi
Airport shuttle
£25
Avg. per night
Madrid, Spain
0.4 mi from city centre
Air conditioning
£119
Avg. per night
Madrid, Spain
0.8 mi from city centre
Air conditioning
£94
Avg. per night
Madrid, Spain
3.0 mi from city centre
Air conditioning
£68
Avg. per night
Avenida De Logrono, 305, Madrid, Spain
7.4 mi from city centre
Free Wi-Fi
£102
Avg. per night
Emilio Vargas, 3 y 5, Madrid, Spain
3.4 mi from city centre
Free Wi-Fi
£93
Avg. per night
Calle Alcalá, 476, Madrid, Spain
4.1 mi from city centre
Free Wi-Fi
£107
Avg. per night

Explore Madrid, Spain

Explore different neighbourhoods and areas within Madrid to find the perfect location for your stay. Map data was last updated on 24 April 2025.
Whether you're visiting Madrid for leisure or business, utilise the map to find hotels close to your ideal location. Clicking on a hotel name will take you to a page with pricing, reviews, and more useful information.

Budget hotels FAQs

Find useful tips and insights about staying in Madrid to help you make the most of your experience. FAQs were last updated on 24 April 2025.
  • How much does it cost to stay at a Budget hotels in Madrid?

    Generally, it costs £21/night to stay at a Budget hotels in Madrid. If you’re looking for this accommodation in Madrid, you may be pleased to know that our users have recently found deals as low as £15 per night. The best rates for this accommodation in Madrid is Hostel Estrella 20.

  • How do prices at Budget hotels compare to other hotels in Madrid?

    The typical rate at a Budget hotels in Madrid will be less than rates at hotels that don’t have this accommodation. On average, you can expect to pay £21/night for a Budget hotels in Madrid. Typically, a Madrid hotel will go for £121/night.

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