Cheap Hotels & Resorts in Madrid from AU$127

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