Can you book a 5-star budget hotels in Madrid?

If you're looking to make your Madrid stay extra special, then consider staying at one of the top-rated hotels. The highest-rated budget hotels are Hyatt Centric Gran Via Madrid (€240/night), Barceló Imagine (€174/night), and Eurostars Suites Mirasierra (€130/night).

How many budget hotels are there in total in Madrid?

There are 2,502 Madrid budget hotels available out of a total 9,796 hotels that you can book on HotelsCombined.

Which are the most popular Madrid budget hotels?

HotelsCombined users’ favourite budget hotels in Madrid are Axel Hotel Madrid - Adults Only , Ilunion Atrium , and NH Madrid Ribera del Manzanares . With a rating of 8.7/10, NH Madrid Ribera del Manzanares is the highest-rated hotel.

Budget Hotels in Madrid: Find Hotels from €85

HotelsCombined’s insights for budget hotels in Madrid

Use our HotelsCombined data-powered tips to help you find your next budget hotel in Madrid.

How much does it usually cost to stay at a budget hotel in Madrid?

On average, a budget hotel room in Madrid costs about €185 per night. Rates can vary based on factors like seasonality, hotel star rating, and booking timing. The lowest price found on HotelsCombined in the last 7 days was €141.

Which month has the lowest rates for budget hotels in Madrid?

June is the cheapest month to book a budget hotel in Madrid, with average nightly rates around €101. Prices are highest in August, when rates rise to about €494 per night.

What day of the week has the lowest rates for Madrid budget hotels?

Budget hotels in Madrid are most affordable on Sundays, with average nightly rates around €139. Mondays are usually the most expensive, averaging €478 per night.

Which Madrid neighborhoods are most popular to stay in?

Those visiting Madrid tend to stay in Gran Via, where a budget hotel costs around €155/night. Another popular neighborhood in Madrid is Sol, which is €165/night on average for a budget hotel.

How much is a budget hotel in Madrid tonight?

Users have found prices for budget hotels in Madrid tonight starting as low as €159, rising to an average cost of €249, based on searches in the last 72 hours. Prices start from €104 for a 4-star budget hotel in Madrid for tonight.

How much is a Madrid budget hotel room this weekend?

In the past 72 hours, we’ve seen prices for budget hotels in Madrid this weekend for as little as €112/night. If you’re specifically looking for a 3-star hotel this weekend, our users have found prices as low as €51/night. For a 4-star budget hotel in Madrid, the cheapest rate recently found was €121/night for this weekend.

What’s the recommended booking timeframe for Madrid budget hotels?

For the best rates, it's recommended to book your Madrid budget hotel at least 25 days before your stay.

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Top-rated Budget hotels in Madrid, Spain

Our users rated these Madrid hotels among the best places to stay. Be sure to read user reviews to learn why these hotels are among the highest rated.

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Hostal Comercial

Esparteros, 12, Madrid, Spain

0.2 km from city centre

Free Wi-Fi

Airport shuttle

€89

Avg. per night

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Search, compare, and save on Madrid, Spain Budget hotels from hundreds of travel sites on HotelsCombined.

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Discover well-known properties in Madrid, Spain that are favoured by visitors more than others. There are 2,502 hotels in Madrid, Spain and price data was last updated on 14 February 2026. The average price for a hotel in Madrid, Spain is €197/night.

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HotelsCombined’s insights for budget hotels in Madrid

How much does it usually cost to stay at a budget hotel in Madrid?

On average, a budget hotel room in Madrid costs about €185 per night. Rates can vary based on factors like seasonality, hotel star rating, and booking timing. The lowest price found on HotelsCombined in the last 7 days was €141.

Which month has the lowest rates for budget hotels in Madrid?

June is the cheapest month to book a budget hotel in Madrid, with average nightly rates around €101. Prices are highest in August, when rates rise to about €494 per night.

What day of the week has the lowest rates for Madrid budget hotels?

Budget hotels in Madrid are most affordable on Sundays, with average nightly rates around €139. Mondays are usually the most expensive, averaging €478 per night.

Which Madrid neighborhoods are most popular to stay in?

Those visiting Madrid tend to stay in Gran Via, where a budget hotel costs around €155/night. Another popular neighborhood in Madrid is Sol, which is €165/night on average for a budget hotel.

How much is a budget hotel in Madrid tonight?

Users have found prices for budget hotels in Madrid tonight starting as low as €159, rising to an average cost of €249, based on searches in the last 72 hours. Prices start from €104 for a 4-star budget hotel in Madrid for tonight.

How much is a Madrid budget hotel room this weekend?

What’s the recommended booking timeframe for Madrid budget hotels?

For the best rates, it's recommended to book your Madrid budget hotel at least 25 days before your stay.

Top-rated Budget hotels in Madrid, Spain

Browse through properties in Madrid, Spain that have received the highest ratings from guests. There are currently 2,502 properties in Madrid, Spain and data was last updated on 14 February 2026.

Our users rated these Madrid hotels among the best places to stay. Be sure to read user reviews to learn why these hotels are among the highest rated.

Other accommodations in Madrid, Spain

Discover the ideal holiday rental or hostel for your stay in Madrid, Spain. Choose from a variety of options among the available accommodations. Listings are regularly updated, with the latest information as of 14 February 2026.

Explore Madrid

Explore different neighbourhoods and areas within Madrid, Spain to find the perfect location for your stay. Map data was last updated on 14 February 2026.

Scroll to and zoom in on the areas in Madrid you plan on visiting to find nearby properties. More information on a given hotel can be accessed by clicking the hotel's name within the map.

Madrid Budget hotels - FAQs

Find useful tips and insights about staying in Madrid to help you make the most of your experience. FAQs were last updated on 14 February 2026.

Can you book a 5-star budget hotels in Madrid?

How many budget hotels are there in total in Madrid?

Which are the most popular Madrid budget hotels?

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Consider these popular 3-star hotels in Madrid

Stay at one of these Madrid 3-star hotels that users have found on HotelsCombined.

Consider these popular 4-star hotels in Madrid

Stay at one of these Madrid 4-star hotels that users have found on HotelsCombined.

Consider these popular 5-star hotels in Madrid

Stay at one of these Madrid 5-star hotels that users have found on HotelsCombined.

Consider these types of hotels in Madrid

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