Cheap Hotels & Resorts in Madrid from AU$118

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Check availability on Madrid Cheap Hotels

Our top choices for Madrid cheap hotels

Hotel Atlantico Madrid

Hotel Atlantico Madrid
4.0 star property
Madrid Centro
9.8 out of 10, Exceptional, (2,193 reviews)
"Clean, helpful staff, well located"
United States
Clifford
The price is AU$430
includes taxes & fees
1 Feb - 2 Feb
Hotel Atlantico Madrid

Four Points Flex by Sheraton Madrid Atocha

Four Points Flex by Sheraton Madrid Atocha
2.0 star property
Arganzuela
8.4 out of 10, Very good, (1,171 reviews)
"Everything went smoothly, friendly staff at check in, room cleaning service daily although we were unsure if the bedding was actually changed but either way it was very tidy every time we came back! "
United Kingdom
Viviana
The price is AU$118
includes taxes & fees
1 Feb - 2 Feb
Four Points Flex by Sheraton Madrid Atocha

Hotel Regina

Hotel Regina
4.0 star property
Madrid Centro
9.8 out of 10, Exceptional, (2,242 reviews)
"Good hotel"
United States
Luis
The price is AU$495
includes taxes & fees
31 Jan - 1 Feb
Hotel Regina

NH Collection Madrid Suecia

NH Collection Madrid Suecia
5.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,006 reviews)
"The staff was very friendly and helpful at all times. We felt welcomed. The location was great and convenient. "
United States
Ana
The price is AU$314
includes taxes & fees
8 Feb - 9 Feb
NH Collection Madrid Suecia

Hotel Liabeny

Hotel Liabeny
4.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,490 reviews)
"Lovely hotel. Very clean and comfortable. Friendly and helpful staff. Excellent location. "
Australia
Vanessa Anne
The price is AU$386
includes taxes & fees
17 Feb - 18 Feb
Hotel Liabeny

Hard Rock Hotel Madrid

Hard Rock Hotel Madrid
4.5 star property
Arganzuela
9.4 out of 10, Exceptional, (2,487 reviews)
"Great place"
United States
ryan shelby
The price is AU$304
includes taxes & fees
26 Jan - 27 Jan
Hard Rock Hotel Madrid

Hotel Mediodia

Hotel Mediodia
2.0 star property
Madrid Centro
9.0 out of 10, Wonderful, (1,004 reviews)
"The staff and room was absolutely incredible "
United States
Jacqueline
Hotel Mediodia

SLEEP’N Atocha – B Corp Certified

SLEEP’N Atocha – B Corp Certified
2.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (1,617 reviews)
"The staff is amazing, supportive and profesional. The hotel location is wonderful, almost every important place is at walking distance. "
United States
Billy
The price is AU$222
includes taxes & fees
25 Jan - 26 Jan
SLEEP’N Atocha – B Corp Certified

Hotel Europa

Hotel Europa
3.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (1,017 reviews)
"Nice room, nice staff. Great location. Would recommend!"
United States
Matthew
The price is AU$228
includes taxes & fees
25 Jan - 26 Jan
Hotel Europa

NH Madrid Barajas Airport

NH Madrid Barajas Airport
3.0 star property
Barajas
8.8 out of 10, Excellent, (1,237 reviews)
"Very friendly and helpful staff. "
United States
Kelsey
The price is AU$154
includes taxes & fees
25 Jan - 26 Jan
NH Madrid Barajas Airport
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

Discover cheap things to do in Madrid (and vicinity)

For budget-conscious travellers venturing into the vibrant Greater Madrid area, a wealth of affordable experiences awaits. Start your exploration at the iconic Parque del Retiro, where a leisurely stroll or a picnic by the lake offers a serene retreat from the city's hustle and bustle—entry is free, and the park's stunning gardens and sculptures are a delight to discover. Art enthusiasts will appreciate the free admission to the renowned Museo del Prado on certain evenings, allowing you to marvel at masterpieces without breaking the bank. Don’t miss the bustling Mercado de San Miguel, where you can savour tapas and local delicacies at reasonable prices, making it a perfect spot for a casual lunch or dinner. While in the area, the historic neighbourhood of Malasaña is brimming with quirky shops and street art, inviting you to wander its charming streets and perhaps grab a coffee at one of its many affordable cafés. For the budget-savvy traveller, staying in the bustling neighbourhood of La Latina provides easy access to these attractions and a plethora of inexpensive hotels without sacrificing quality. This area is known for its friendly atmosphere and vibrant tapas bars, making it an enjoyable base for your adventures in and around Madrid.

Find the best cheap hotels in Madrid (and vicinity)

For budget-conscious travelers heading to Madrid, these hotels offer excellent value without compromising on comfort and convenience. Each hotel is designed to provide a pleasant stay while keeping costs low.

Apartosuites Jardines de Sabatini

  • Why it's great for a budget-friendly vacation: Apartosuites Jardines de Sabatini stands out as a budget-friendly option for travellers, with a stellar traveler review rating of 9.6. Located near the historic district, this hotel offers essential amenities like free WiFi and toiletries, making it a practical choice for those looking to explore the city without overspending.
  • Other amenities: Guests can take advantage of the 24-hour airport shuttle service and nearby parking options. Each suite is equipped with a kitchen and dining table, ideal for preparing meals and saving on dining costs. The hotel features a rooftop terrace, accessible fitness centre, and daily housekeeping. A range of shopping options is available onsite, enhancing the overall convenience for travelers.
  • Neighborhood: Moncloa-Aravaca
  • Nearby attractions: Gran Via - 0.6 km, Plaza de España - Princesa - 0 km

Suites Viena Plaza de España

  • Why it's great for a budget-friendly vacation: Suites Viena Plaza de España is a perfect fit for budget travellers seeking comfort and accessibility. With an excellent traveler review rating of 9.2, this hotel offers free WiFi and a 24-hour airport shuttle, ensuring a seamless travel experience without stretching the budget.
  • Other amenities: Additional features include self-parking options, an electric kettle, and kitchenettes in rooms for convenient meal preparations. Guests can enjoy a delightful buffet breakfast, along with a minibar and coffee/tea makers in-room for those early mornings. The hotel also provides cribs for families, daily housekeeping, and is situated in a historical district, allowing easy access to local attractions.
  • Neighborhood: Moncloa - Arguelles
  • Nearby attractions: Gran Via - 0.7 km, Plaza de España - Princesa - 0 km, Royal Palace of Madrid - 0.9 km

Zleep Hotel Madrid Airport

  • Why it's great for a budget-friendly vacation: Zleep Hotel Madrid Airport is a fantastic choice for budget-conscious travellers needing a convenient and comfortable stay near the airport. With a solid traveler review rating of 8.8, this hotel provides all the essentials including complimentary WiFi and a scheduled airport shuttle service, making it easy to catch your flight without hassle.
  • Other amenities: Guests can enjoy self-parking options, a kitchenette in their rooms, and a mini-refrigerator for added convenience. The hotel also offers early check-in, daily housekeeping, and a concierge service to assist with local inquiries. A hosted evening meal option is available, and there are fitness facilities for those looking to maintain their routine while travelling. The presence of a snack bar ensures that travelers have access to refreshments at any time.
  • Neighborhood: San Blas-Canillejas
  • Nearby attractions: Plenilunio Shopping Mall - 6.5 km, Aquopolis - 3.2 km, El Capricho Park - 7.2 km

Top Madrid Hotel Reviews

Frequently asked questions

What is Madrid like for travellers on a budget?
Madrid has a variety of cheap accommodation options and places to visit, making it a great holiday choice for budget-conscious travellers. In addition to its well-known attractions such as Gran Via and Bernabéu Stadium, this destination is home to El Retiro Park and Sabatini Gardens, which you can enjoy while spending very little.
What's the best budget-friendly accommodation in Madrid?
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 good options to stay on the cheap include Four Points Flex by Sheraton Madrid Atocha and Velvet Hostel Business.
How many cheap hotels will I find in Madrid?
Choose a hotel that suits your wallet from Expedia's 327 budget hotels in Madrid.
When is the best time for a budget trip to Madrid?
Weather will likely play an important role when you plan your trip to Madrid, but bear in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually July and August, with an average temperature of 25°C, while the coldest months are January and February, with an average of 7°C. Average annual precipitation for Madrid is 420 mm.
What is there to see and do in Madrid?
Madrid attracts visitors with its top museums and theatre scene, and offers plenty to see and do without spending a fortune. You can budget for the popular local attractions that are highest on your list, such as Gran Via and Bernabéu Stadium, and choose other low-cost activities to fill your itinerary. Head to Preciados Street and Fnac for some bargain shopping, or hunt for deals at San Miguel Market.
How can I get to Madrid and get around on a budget?
Scoping out the transportation options in Madrid is a smart way to keep your trip affordable. The nearest airport is Madrid (MAD-Adolfo Suárez Madrid-Barajas), situated 7.9 mi (12.8 km) away. You can walk to nearby metro stations including Sol Station, Gran Via Station and Callao Station.

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