Can you book a 5-star budget hotels in Madrid?

If you're looking to make your Madrid stay extra special, then consider staying at one of the top-rated hotels. The highest-rated budget hotels are Hyatt Centric Gran Via Madrid (£336/night), Vp Plaza España Design (£253/night), and Barceló Imagine (£134/night).

How many budget hotels are there in total in Madrid?

There are 2,469 Madrid budget hotels available out of a total 9,776 hotels that you can book on HotelsCombined.

Which are the most popular Madrid budget hotels?

HotelsCombined users’ favourite budget hotels in Madrid are Hotel Ilunion Atrium , Exe Madrid Norte , and Sercotel Alcalá 611 . With a rating of 8.9/10, Sercotel Alcalá 611 is the highest-rated hotel.

Budget Hotels in Madrid: Find Hotels from £78

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Exe Madrid Norte

Calle Martina Diaz, 4., Madrid, Spain

Exe Madrid Norte is a comfortable setting when visiting Madrid and is close to everything the area has to offer. There is also a fitness centre with personal training classes, pilates classes and yoga classes.

Free Wi-Fi

8.4

Excellent

4408 reviews

Location

5.5 mi from city centre

£78

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Hotel Escuela Madrid

Carretera de Colmenar Viejo Salidas 14 y 15 (Via de Servicio) Recinto Ciudad Escolar, Madrid, Spain

Situated in Madrid, Hotel Escuela Madrid is an easy drive from Puerta de Europa and offers private parking on site. It also features free Wi-Fi and a gym.

Free Wi-Fi

Parking

8.6

Excellent

1497 reviews

Location

7.5 mi from city centre

£50

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Hostal Abaaly

Plaza de San Miguel, 5 - 1º Dcha, Madrid, Spain

This Madrid hostel is situated within a 10-minute walk of Sol. It also provides free wireless internet and is within a five-minute stroll of Church of San Ginés.

Free Wi-Fi

7.8

Good

2179 reviews

Location

0.3 mi from city centre

£57

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Hotel Julia

Julián Camarillo 9, Madrid, Spain

Hotel Julia is located in Madrid and features free Wi-Fi. It also offers a concierge, laundry facilities and a ticket service.

Free Wi-Fi

8.6

Excellent

2788 reviews

Location

3.9 mi from city centre

£83

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Crisol Leganés

Calle de Esteban Terradas, 13, Madrid, Spain

NH Leganés is situated in Leganés and features free Wi-Fi. It is conveniently positioned for guests wishing to discover the area's attractions.

Free Wi-Fi

8.8

Excellent

1578 reviews

Location

6.5 mi from city centre

£69

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Hotel Nuevo Boston

Avenida De Aragon 332, Madrid, Spain

Nuevo Boston offers 4-star accommodation in Madrid, just moments from Barajas. There is also a fitness centre with a sun deck and a swimming pool.

Free Wi-Fi

8.6

Excellent

9543 reviews

Location

7.0 mi from city centre

£83

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Vértice Roomspace Madrid

Calle Laguna Dalga, 4, Madrid, Spain

Vértice Roomspace Madrid provides 3-star accommodation in Madrid. It is conveniently located for those wishing to discover the area's attractions.

Free Wi-Fi

8.1

Excellent

11467 reviews

Location

5.8 mi from city centre

£51

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Hostal Maria Luisa

Calle De Hortaleza 19, 2nd Floor, Madrid, Spain

Set within 10 minutes' walk from Monasterio de las Descalzas Reales and Palace of Longoria, Hostal Maria Luisa offers free Wi-Fi. It is also ideally situated within a 10-minute walk of Bank of Spain.

Free Wi-Fi

Airport shuttle

7.8

Good

2236 reviews

Location

0.4 mi from city centre

£69

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Hostal Star Madrid

Calle Principe 18, Madrid, Spain

Hostal Star Madrid is situated in Madrid and is within a short walk of nearby attractions, such as Teatro Nuevo Apolo and Church of San Ginés. It offers guests a convenient base with Bank of Spain only a 10-minute stroll away.

Free Wi-Fi

Airport shuttle

8.1

Excellent

4017 reviews

Location

0.1 mi from city centre

£69

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Travelodge Madrid Alcalá

Calle Santa Leonor 34, Madrid, Spain

Boasting free Wi-Fi, Travelodge Madrid Alcalá is situated in Madrid and offers hip accommodation. The various amenities this sophisticated hotel features include a car rental desk, a ticket service and a coffee bar.

Free Wi-Fi

8.7

Excellent

5261 reviews

Location

4.1 mi from city centre

£68

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All 2,469 hotels in Madrid, Spain

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The Latest Deals for Budget hotels in Madrid

Discover well-known properties in Madrid, Spain that are favoured by visitors more than others. There are 2,469 hotels in Madrid, Spain and price data was last updated on 5 October 2026. The average price for a hotel in Madrid, Spain is £182/night.

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HotelsCombined’s insights for budget hotels in Madrid

Which month has the lowest rates for budget hotels in Madrid?

January is the cheapest month to book a budget hotel in Madrid, with average nightly rates around £73. Prices are highest in October, when rates rise to about £325 per night.

What day of the week has the lowest rates for Madrid budget hotels?

Budget hotels in Madrid are most affordable on Fridays, with average nightly rates around £134. Sundays are usually the most expensive, averaging £221 per night.

Which Madrid neighborhoods are most popular to stay in?

Those visiting Madrid tend to stay in Sol, where a budget hotel costs around £173/night. Another popular neighborhood in Madrid is La Latina, which is £191/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 £46, rising to an average cost of £427, based on searches in the last 72 hours. Prices start from £87 for a 4-star budget hotel in Madrid for tonight.

How much is a Madrid budget hotel room this weekend?

What’s the recommended booking timeframe for Madrid budget hotels?

For the best rates, it's recommended to book your Madrid budget hotel at least 7 days before your stay.

Top-rated Budget hotels in Madrid, Spain

Browse through properties in Madrid, Spain that have received the highest ratings from guests. There are currently 2,469 properties in Madrid, Spain and data was last updated on 5 October 2026.

According to our users, these are some of the best hotels to stay at in Madrid. Skim through hotel descriptions and user reviews to find the right one for you.

Other accommodation in Madrid, Spain

Discover the ideal theme hotel, holiday rental or hostel for your stay in Madrid, Spain. There are 9,776 properties in Madrid, Spain and price data was last updated on 5 October 2026.

Explore Madrid

Explore different neighbourhoods and areas within Madrid, Spain to find the perfect location for your stay. Map data was last updated on 5 October 2026.

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.

Madrid Budget hotels - FAQs

Can you book a 5-star budget hotels in Madrid?

How many budget hotels are there in total in Madrid?

Which are the most popular Madrid budget hotels?

Find better results for your stay in Madrid, Spain

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