A busy urban street with historic buildings, a clock tower, and a bus.

Cheap Hotels & Resorts in Madrid Centro from AU$108

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Check availability on Madrid Centro Cheap Hotels

Our top choices for Madrid Centro cheap hotels

1. Hotel Regente

Hotel Regente
3.0 star property
Madrid Centro
8.8 out of 10, Excellent, (1,005 reviews)
"Great location!"
United States
Sandra
The price is AU$158
includes taxes & fees
22 Aug - 23 Aug
Hotel Regente

2. SLEEP’N Atocha – B Corp Certified

SLEEP’N Atocha – B Corp Certified
2.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,841 reviews)
"Amazing location, great and friendly front desk, spacious and clean room and very comfortable bed"
United States
Talita
The price is AU$128
includes taxes & fees
23 Aug - 24 Aug
SLEEP’N Atocha – B Corp Certified

3. Hotel Vincci The Mint

Hotel Vincci The Mint
4.0 star property
Madrid Centro
9.6 out of 10, Exceptional, (1,004 reviews)
"Really nice hotel! Morden, with a great local and excellent staff. Breakfast was also really good! Definitely staying here again."
United Kingdom
Jalison
The price is AU$179
includes taxes & fees
23 Aug - 24 Aug
Hotel Vincci The Mint

4. Hotel Vincci Soho

Hotel Vincci Soho
4.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,008 reviews)
"Efficient and friendly, Great location"
United States
michael
The price is AU$165
includes taxes & fees
23 Aug - 24 Aug
Hotel Vincci Soho

5. The First One Madrid Preciados

The First One Madrid Preciados
3.0 star property
Madrid Centro
9.0 out of 10, Wonderful, (1,009 reviews)
"Good location, small hotel with no much to offer."
United States
MARIA
The price is AU$172
includes taxes & fees
24 Aug - 25 Aug
The First One Madrid Preciados

6. Petit Palace Plaza Mayor

Petit Palace Plaza Mayor
4.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (1,012 reviews)
"Super clean and amazing staff."
United States
Ignacio
The price is AU$142
includes taxes & fees
23 Aug - 24 Aug
Petit Palace Plaza Mayor

7. Le Petit Palu Fuencarral

Le Petit Palu Fuencarral
3.0 star property
Madrid Centro
8.2 out of 10, Very good, (543 reviews)
"Everything was so good 👍"
Canada
Firdous
The price is AU$108
includes taxes & fees
26 Aug - 27 Aug
Le Petit Palu Fuencarral

8. Petit Palace Puerta del Sol

Petit Palace Puerta del Sol
3.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (1,001 reviews)
"The hotel was beautiful, clean, the rooms were spacious, and the staff were absolutely phenomenal. Exceptionally close to the plaza and great walking distance to all the sites. Definitely highly recommend this hotel."
Canada
Jennifer
The price is AU$157
includes taxes & fees
24 Aug - 25 Aug
Petit Palace Puerta del Sol

9. Posada del Dragón Boutique Hotel

Posada del Dragón Boutique Hotel
2.0 star property
Madrid Centro
8.8 out of 10, Excellent, (750 reviews)
"Clean, perfect location."
United States
Diana
The price is AU$109
includes taxes & fees
20 Aug - 21 Aug
Posada del Dragón Boutique Hotel

10. Eurostars Plaza Mayor

Eurostars Plaza Mayor
4.0 star property
Madrid Centro
8.8 out of 10, Excellent, (1,001 reviews)
"Excellent breakfast comfortable room shops nearby"
United States
Ulrich
The price is AU$134
includes taxes & fees
23 Aug - 24 Aug
Eurostars Plaza Mayor
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 Plaza Mayor and Gran Via, this destination is home to Sabatini Gardens and Huerto de las Monjas, 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 Far Home Atocha.
How many budget hotels are there in Madrid Centro?
Choose a hotel that suits your wallet from Expedia's 237 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 Plaza Mayor and Gran Via, and then look for sights and activities that cost little or nothing at all. Enjoy the outdoors at Sabatini Gardens and Huerto de las Monjas, or check out the area's cultural spots like Royal Theatre.
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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