A cityscape with ornate buildings and a prominent dome structure.

Cheap Hotels & Resorts in Madrid from NZ$166

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Check availability on Madrid Cheap Hotels

Tonight
10 Oct - 11 Oct
Tomorrow
11 Oct - 12 Oct
Next weekend
16 Oct - 18 Oct
In two weeks
23 Oct - 25 Oct

Our top choices for Madrid cheap hotels

A bar area with chairs and a table, overlooking a cityscape with buildings and a dome structure.
A hotel lobby with a circular ceiling light, a reception desk, and a seating area with sofas.
A large, multi-story hotel with a prominent central tower, surrounded by a busy urban street with vehicles and pedestrians.
A breakfast table with a variety of food items, a glass of orange juice, and a cup of coffee.

1. Hotel Riu Plaza España

Hotel Riu Plaza España
Madrid Centro
United States
Alejandro
NZ$396
includes taxes & fees
9 Nov - 10 Nov
Hotel Riu Plaza España
A modern hotel interior with a central hallway, multiple balconies, and a sign reading 'HOTEL 101 MADRID'.
A modern indoor pool with lounge chairs, a tiled floor, and a building with balconies.
A modern restaurant interior with long tables, black chairs, and a wooden bench seating area.
A gym with treadmills, elliptical machines, and weight benches.

2. Hotel101- Madrid

Hotel101- Madrid
Barajas
United States
Jose
NZ$166
includes taxes & fees
1 Nov - 2 Nov
Hotel101- Madrid
A modern living room with a sofa, a coffee table, and a bookshelf.
A modern bathroom with a large mirror, a robe hanging on a rack, and a towel shelf.
A balcony with breakfast items, two glasses of juice, and a view of a statue and building facade.
A gym with weightlifting equipment, a motivational sign, and a wooden wall.

3. Hotel Regina

Hotel Regina
Madrid Centro
United States
Peter
NZ$579
includes taxes & fees
4 Nov - 5 Nov
Hotel Regina
A modern interior with a staircase leading to upper floors, potted plants, and a seating area with cushions.
A modern hotel lobby with a reception desk, seating area, and large windows.
A room with a large black door leading to a balcony with a wrought iron railing.
A buffet with various fruits, vegetables, and condiments.

4. Latroupe Prado

Latroupe Prado
Palos de la Frontera
Canada
HEIKE
NZ$248
includes taxes & fees
10 Nov - 11 Nov
Latroupe Prado
A woman sitting by a pool with a cityscape in the background.
A modern bedroom with a bed, bedside table, and a TV mounted on the wall.
A hotel room with a wooden desk, two chairs, a large mirror, and a view of buildings through a window with curtains.
A rooftop terrace with a table set for two, overlooking a cityscape with various buildings.

5. Room Mate Macarena, Madrid Gran Vía

Room Mate Macarena, Madrid Gran Vía
Madrid Centro
United States
Sandra
NZ$358
includes taxes & fees
10 Nov - 11 Nov
Room Mate Macarena, Madrid Gran Vía
A multi-story hotel with a prominent "HOTEL EMPERADOR" sign, featuring a classic architectural style with balconies and large windows.
A rooftop terrace with a city view, featuring a sofa, a table with a vase, and potted plants.
A hotel lobby with a modern design, featuring a mix of seating areas, a large decorative sculpture, and a view through the windows.
A rooftop pool with a view of surrounding buildings and a distant landscape.

6. Hotel Emperador

Hotel Emperador
Madrid Centro
United States
Romano
NZ$375
includes taxes & fees
1 Nov - 2 Nov
Hotel Emperador
A modern bar area with a city view, orange seating, and a bar counter.
A modern hotel room with a large bed, a desk, a chair, a small table, a bookshelf, and a bathroom with a mirror and sink.
An outdoor seating area with modern furniture, a bar, and a staircase.
A modern lounge with a cityscape view, seating arrangements, and a bar area.

7. Novotel Madrid Center

Novotel Madrid Center
Salamanca
United Kingdom
Warren
NZ$361
includes taxes & fees
1 Nov - 2 Nov
Novotel Madrid Center
A rooftop terrace with modern outdoor seating, a view of the cityscape, and a building with a tower in the background.
A modern kitchen with a large window, white cabinetry, and a stainless steel oven.
A modern kitchen with a central island, wooden flooring, and a dining area with chairs and a table.
A modern hotel room with a large bed, a decorative headboard, a view of the city through a glass door, and a balcony with a chair.

8. Gran View Apartments

Gran View Apartments
Madrid Centro
United States
Maria Elena
NZ$372
includes taxes & fees
9 Nov - 10 Nov
Gran View Apartments
A black and white checkered floor, ornate black metal railings, and blue and white patterned walls.
A hotel corridor with a buffet area, wooden cabinets, and a chandelier.
A building with a sign reading 'LIBERIA' and a blue awning with 'Only YOU' written on it.
An outdoor dining area with wicker tables and chairs, surrounded by lush greenery and vines.

9. Only YOU Boutique Hotel

Only YOU Boutique Hotel
Madrid Centro
United States
Katrina
NZ$702
includes taxes & fees
10 Nov - 11 Nov
Only YOU Boutique Hotel
A grand hotel with multiple floors, ornate architectural details, and illuminated signage.
A restaurant with tables set for dining, a large window overlooking a busy street, and a painting on the wall.
An outdoor terrace with tables and chairs, a decorative fountain, and a view of a cityscape with historical buildings.
A view through a window with a wrought iron railing, overlooking a cityscape with historic buildings and a clock tower.

10. Hotel Atlantico Madrid

Hotel Atlantico Madrid
Madrid Centro
United States
Sarah
NZ$682
includes taxes & fees
2 Nov - 3 Nov
Hotel Atlantico Madrid
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Find out more about Madrid

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

Top Madrid Hotel Reviews

Hotel Principe Pio

Hotel Principe Pio

10/10 Excellent
"Hotel was wonderful. Great location, excellent staff, best breakfast we've ever had in a hotel. Pro's: -Get the breakfast. Best deal, lots of variety. Fresh fruit, baked goods, eggs, bacon, cold meat, cereal, pancakes, 6 different types of milk (who knew there were that many) coffee, tea, etc... and a nice, spacious dining area. Staff were excellent. Great value! -Excellent location, close to Royal Palace, 20 minute walk to downtown area, 5 minute walk to subway (metro), 5 minute walk to shopping and dining establishments -Charming sitting area just off the lobby if you want to sit and enjoy a beverage -Excellent staff -Rooms were clean and comfortable -Had dinner one night in the dining area. Food was good and reasonably priced. No complaints Cons: -Shower was difficult to understand how it worked but we managed -Only Spanish channels on TV, no Netflix, Youtube or other channels. I like to watch news from home (Canada) on Youtube at the the end of our day to keep up on things. Had to use our phones which was an inconvenience -Could hear other patrons in the hall when we were asleep late at night All in all I would recommend this hotel to others and I would stay here again if in Madrid. We liked it."
Kevin 6-night trip
Posted 5 hours ago
Hotel Principe Pio
SLEEP’N Atocha – B Corp Certified

SLEEP’N Atocha – B Corp Certified

10/10 Excellent
"Céntrico y excelente ubicación"
Jorge Garro 2-night trip
Posted 18 hours ago
SLEEP’N Atocha – B Corp Certified

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 Puerta del Sol and Gran Via, 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 Hotel Regina and Far Home Atocha.
How many cheap hotels will I find in Madrid?
Choose a hotel that suits your wallet from Expedia's 355 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 Puerta del Sol and Gran Via, and choose other low-cost activities to fill your itinerary. Head to Preciados Street and San Miguel Market for some bargain shopping, or hunt for deals at San Anton 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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