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 (£287/night), Vp Plaza España Design (£282/night), and Barceló Imagine (£151/night).

How many budget hotels are there in total in Madrid?

There are 2,450 Madrid budget hotels available out of a total 9,752 hotels that you can book on HotelsCombined.

Which are the most popular Madrid budget hotels?

HotelsCombined users’ favourite budget hotels in Madrid are Ilunion Atrium , Exe Madrid Norte , and NH Madrid Ribera del Manzanares . With a rating of 9.1/10, NH Madrid Ribera del Manzanares is the highest-rated hotel.

Budget Hotels in Madrid: Find Hotels from £83

HotelsCombined’s insights for budget hotels in Madrid

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

How much does it usually cost to stay at a budget hotel in Madrid?

On average, a budget hotel room in Madrid costs about £200 per night. Rates can vary based on factors like seasonality, hotel star rating, and booking timing. The lowest price found on HotelsCombined in the last 7 days was £90.

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 £80. Prices are highest in June, when rates rise to about £244 per night.

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

Budget hotels in Madrid are most affordable on Tuesdays, with average nightly rates around £115. Sundays are usually the most expensive, averaging £204 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 £189/night. Another popular neighborhood in Madrid is Cortes, which is £144/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 £82, rising to an average cost of £311, based on searches in the last 72 hours. Prices start from £79 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 £43/night. If you’re specifically looking for a 3-star hotel this weekend, our users have found prices as low as £53/night. For a 4-star budget hotel in Madrid, the cheapest rate recently found was £159/night for 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 81 days before your stay.

Find deals

Top-rated Budget hotels in Madrid, Spain

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.

Show all 2,450 hotels

Eurostars Puerta Madrid

Juan Rizi, 5, Madrid, Spain

4.2 mi from city centre

Free Wi-Fi

£95

Avg. per night

Find Cheap Budget hotels in Madrid

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

Refine Your Search

Star ratings

Guest Ratings

Amenities

Style

Freebies

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 2,450 hotels in Madrid, Spain and price data was last updated on 17 April 2026. The average price for a hotel in Madrid, Spain is £167/night.

Filter by star ratings

HotelsCombined’s insights for budget hotels in Madrid

How much does it usually cost to stay at a budget hotel in Madrid?

On average, a budget hotel room in Madrid costs about £200 per night. Rates can vary based on factors like seasonality, hotel star rating, and booking timing. The lowest price found on HotelsCombined in the last 7 days was £90.

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 £80. Prices are highest in June, when rates rise to about £244 per night.

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

Budget hotels in Madrid are most affordable on Tuesdays, with average nightly rates around £115. Sundays are usually the most expensive, averaging £204 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 £189/night. Another popular neighborhood in Madrid is Cortes, which is £144/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 £82, rising to an average cost of £311, based on searches in the last 72 hours. Prices start from £79 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 81 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 2,450 properties in Madrid, Spain and data was last updated on 17 April 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 accommodations in Madrid, Spain

Discover the ideal theme hotel, holiday rental or hostel for your stay in Madrid, Spain. There are 9,752 properties in Madrid, Spain and price data was last updated on 17 April 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 17 April 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

Find useful tips and insights about staying in Madrid to help you make the most of your experience. FAQs were last updated on 17 April 2026.

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

Consider these popular 3-star hotels in Madrid

Stay at one of these Madrid 3-star hotels that users have found on HotelsCombined.

Consider these popular 4-star hotels in Madrid

Stay at one of these Madrid 4-star hotels that users have found on HotelsCombined.

Consider these popular 5-star hotels in Madrid

Stay at one of these Madrid 5-star hotels that users have found on HotelsCombined.

Consider these types of hotels in Madrid

Find the right accommodations for you when booking a hotel in Madrid

Check out Budget hotels in other cities

Interested in staying in other Budget hotels? Check out these popular cities

Explore these cities in Madrid

Looking to explore Madrid during your trip? These are other popular cities nearby that HotelsCombined users visit

Consider other places to stay in Madrid

Stay at one of these places that users have found on HotelsCombined.

Visit Top Destinations

These destinations around the world are some of the most sought after locations from our users

Cities our users search for

Based on the last 12 months of user searches on HotelsCombined