Cheap Hotels & Resorts in Madrid from NZ$162

Discover cheap things to do in Madrid (and vicinity)

For budget-conscious travellers seeking affordable yet enriching experiences in the greater Madrid area, there are several attractions that won't break the bank. Start your adventure at the iconic Retiro Park, where you can enjoy peaceful walks, rent a rowboat on the lake, or marvel at the stunning Crystal Palace, all for free or at minimal cost. Next, explore the vibrant Mercado de San Miguel, a historic market brimming with gourmet tapas and local delicacies; sampling a variety of dishes is both affordable and delicious, making it a perfect spot for food lovers. Don't miss the chance to visit Madrid's stunning Royal Palace, where you can take free entry on certain weekdays, allowing you to wander through opulent halls and beautiful gardens without spending a euro. For a taste of local culture, the Lavapiés neighbourhood offers a colourful blend of street art, diverse cuisine, and vibrant markets, perfect for a leisurely stroll or a budget-friendly meal at one of its many eateries. Consider staying in the Malasaña district, known for its bohemian vibe and affordable hotels, where you can unwind after a day of exploration. The area is dotted with quirky cafes and vintage shops, providing a unique atmosphere that perfectly complements your Madrid adventure.

Find the best cheap hotels in Madrid (and vicinity)

Exploring Madrid on a budget doesn't mean sacrificing comfort. Here are some top value hotels that offer excellent amenities without breaking the bank.

Apartosuites Jardines de Sabatini

• Why it's great for a budget-friendly vacation: Apartosuites Jardines de Sabatini is an exceptional choice for budget-friendly accommodation in a scenic area. With a stellar review rating of 9.6, this hotel ensures guests can enjoy free WiFi and toiletries while providing a cozy feel with kitchen facilities. Its nearby historical sites makes it a convenient base for sightseeing without overspending.
• Other amenities: The hotel offers an array of features including 24-hour airport shuttle service, making arrivals and departures straightforward. Guests can also enjoy a rooftop terrace with stunning views, as well as a fitness centre for maintaining exercise routines. Self-parking is available nearby, and the concierge can assist with local attractions and dining recommendations to enhance the stay.
• Neighborhood: Moncloa-Aravaca
• Nearby attractions: Plaza de España - Princesa - 0 km, Gran Via - 0.6 km

Suites Viena Plaza de España

• Why it's great for a budget-friendly vacation: Suites Viena Plaza de España is a fantastic option for budget travellers looking for a central location near key attractions. With a strong review rating of 9.2, this hotel offers free WiFi and toiletries to ensure guests have a comfortable stay at an affordable price. The hotel’s terrace provides a lovely space to unwind after a day of sightseeing in Madrid.
• Other amenities: Guests can enjoy convenient amenities such as 24-hour airport shuttle service and self-parking options. The hotel features kitchenettes in the rooms, complete with essential appliances for easy meal preparation. Additional features include a fitness centre, daily housekeeping, and a concierge service to assist with local explorations and recommendations, ensuring a well-rounded and enjoyable stay.
• Neighborhood: Moncloa - Arguelles
• Nearby attractions: Plaza de España - Princesa - 0 km, Gran Via - 0.7 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