Cheap Hotels & Resorts in Madrid Centro from AU$155

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Best Madrid Centro Cheap Hotels

Hotel Atlantico Madrid

4.0 star property
Madrid Centro
9.8 out of 10, Exceptional, (2187)
"Beautiful hotel and great service "
United States
Carmen
The price is AU$450
includes taxes & fees
21 Dec - 22 Dec
Hotel Atlantico Madrid

Hotel Regina

4.0 star property
Madrid Centro
9.8 out of 10, Exceptional, (2202)
"Beautiful hotel. Great location "
United States
Marlene
The price is AU$351
includes taxes & fees
8 Dec - 9 Dec
Hotel Regina

NH Collection Madrid Suecia

5.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1001)
"Very cozy hotel. Staff very friendly and helpful. Enjoyed our stay. Will definitely return. "
Canada
Claudia
The price is AU$324
includes taxes & fees
8 Dec - 9 Dec
NH Collection Madrid Suecia

Hotel Liabeny

4.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1471)
"Clean, convenient location, best breakfast"
Canada
QING
Hotel Liabeny

Hotel Mediodia

2.0 star property
Madrid Centro
9.0 out of 10, Wonderful, (1004)
"Clean spacious room, nice amenities "
United States
Jose Maria Jeffrey Uy
The price is AU$184
includes taxes & fees
6 Jan - 7 Jan 2026
Hotel Mediodia

SLEEP’N Atocha – B Corp Certified

2.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1577)
"Nice stay, good location "
United States
Carlos
The price is AU$155
includes taxes & fees
8 Dec - 9 Dec
SLEEP’N Atocha – B Corp Certified

Hotel Europa

3.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (1008)
"Staff was great, room was clean. Great location"
United States
Timothy
Hotel Europa

Chic & Basic dot

3.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (1002)
"Nice hotel. Ideal location and did the job for our long weekend in Madrid! "
United Kingdom
Brannon Jessicca Grace
The price is AU$165
includes taxes & fees
8 Dec - 9 Dec
Chic & Basic dot

Intelier Palacio de San Martín Hotel

4.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1066)
"Excellent staff, comfortable beds. Great stay overall "
United States
Marissa
The price is AU$271
includes taxes & fees
6 Jan - 7 Jan 2026
Intelier Palacio de San Martín Hotel

VP Plaza España Design

5.0 star property
Madrid Centro
9.8 out of 10, Exceptional, (1001)
"excellent hotel, outstanding service. Will definitely stay again highly recommend. "
United States
Aleksandr
The price is AU$454
includes taxes & fees
14 Dec - 15 Dec
VP Plaza España Design
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 Centro

Discover cheap things to do in Madrid Centro

For budget-conscious travellers, Madrid Centro offers a paradise of experiences without breaking the bank. Start your day at the iconic Puerta del Sol, a bustling square that serves as the heart of the city. Here, you can snap a selfie with the famous Bear and the Strawberry Tree statue, a symbol of Madrid, and soak in the vibrant atmosphere. From there, take a leisurely stroll to the picturesque Plaza Mayor, where you can enjoy people-watching and grab a cheap snack from one of the many nearby tapas bars. If you’re an art lover, the free entry to the Museo del Prado during certain hours allows you to admire masterpieces without spending a euro. Don’t miss the lush Retiro Park, perfect for a picnic with your family or a lazy afternoon exploring its beautiful gardens and statues. To top it all off, the Mercado de San Miguel offers a delightful culinary experience with affordable tapas and local delicacies, allowing you to sample the flavours of Spain without overspending. Staying in budget hotels in this lively neighbourhood means you’ll be close to all these attractions, often in charming properties that offer a warm welcome and personal service, ensuring your family feels pampered. Enjoy the convenience of being in the middle of the action while still enjoying the comforts that discerning travellers expect.

Find the best cheap hotels in Madrid Centro

Exploring Madrid on a budget doesn't mean compromising on quality. Here are some fantastic hotel options in Madrid Centro that offer great amenities at affordable prices.

Room Mate Mario, Madrid

  • Why it's great for a budget-friendly vacation: Room Mate Mario stands out with a traveler review rating of 9.2, making it a top pick for budget-friendly stays in Madrid. Guests can enjoy free toiletries and WiFi, alongside a welcoming atmosphere accentuated by daily housekeeping. This hotel is perfect for those who want quality service at a reasonable price.
  • Other amenities: The hotel offers free cribs, designer toiletries, and concierge services for a personalised touch. Additionally, air conditioning ensures a pleasant environment, while its central location makes it easy for travelers to explore the city's vibrant scene.
  • Neighborhood: Madrid Centro
  • Nearby attractions: Gran Via - 0.5 km, Plaza de España - Princesa - 0.2 km, Plaza de Cibeles - 1.9 km

Room Mate Oscar, Madrid

  • Why it's great for a budget-friendly vacation: Room Mate Oscar is a stylish yet budget-conscious option with a great rating of 9.2. This hotel provides travelers with free WiFi and toiletries, as well as access to a refreshing pool. It’s an ideal place for travellers looking to indulge without overspending, with breakfast options available to start the day right.
  • Other amenities: Guests can enjoy a rooftop terrace for stunning views, free cribs, and nearby parking for convenience. The hotel also offers air conditioning, daily housekeeping, and family-friendly services to accommodate all types of travellers.
  • Neighborhood: Madrid Centro
  • Nearby attractions: Gran Via - 1.1 km, Plaza de Cibeles - 1 km, Calle de Alcalá - 0.8 km

Top Madrid Centro Hotel Reviews

Frequently asked questions

What is Madrid Centro like for travellers on a budget?
Madrid Centro has a variety of cheap accommodation options and things to do, making it a great getaway spot for budget travellers. In addition to its well-known attractions such as Gran Via and Puerta del Sol, this destination is home to Sabatini Gardens and Garden of Prince Anglona, which you can enjoy while spending very little.
What's the best budget-friendly accommodation in Madrid Centro?
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 choices for your budget-friendly stay include Hotel Regina and Hotel Europa.
How many budget hotels are there in Madrid Centro?
Choose a hotel that suits your wallet from Expedia's 224 budget hotels in Madrid Centro.
What is there to see and do in Madrid Centro?
Madrid Centro attracts visitors with its theatre scene and acclaimed art galleries, and offers plenty to see and do without spending a fortune. You can budget for the top local attractions that interest you most, such as Gran Via and Bernabéu Stadium, and then look for sights and activities that cost little or nothing at all. Enjoy the outdoors at Sabatini Gardens and Garden of Prince Anglona, or check out the area's cultural spots like Teatro Albéniz.
How can I get to Madrid Centro and get around on a budget?
Scoping out the transportation options in Madrid Centro can help keep you on budget. The most convenient airport is 7.9 mi (12.8 km) away from the centre in Madrid (MAD-Adolfo Suárez Madrid-Barajas). Take advantage of metro transport at Sol Station, Gran Via Station and Callao Station.

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