Budget hotels in Madrid, Spain
Search, compare, and save on Madrid, Spain Budget hotels from hundreds of travel sites on HotelsCombined.
Madrid, Spain
1 May — 2 May2
...and more
Learn why travellers love HotelsCombined
Travel insights for budget hotels in Madrid
Use these up-to-date, data-driven insights about booking a budget hotel in Madrid including ideal times to book, pricing trends, and more.
What is the cheapest month to book budget hotels in Madrid?
The cheapest month to book budget hotels in Madrid is June (€75). Conversely, the most expensive month to stay in Madrid is October (€264).
What is the cheapest day to stay in a budget hotel in Madrid?
The cheapest day to stay in Madrid is Monday (€82). On the other hand, travelers can expect to pay the most on Tuesday, when the average nightly price is €183.
Which Madrid neighborhoods are most popular to stay in?
Those visiting Madrid tend to stay in Salamanca, where a budget hotel costs around €248/night. Another popular neighborhood in Madrid is Sol, which is €168/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 €86, rising to an average cost of €391, based on searches in the last 72 hours. Prices start from €127 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 €191/night. If you’re specifically looking for a 3-star hotel this weekend, our users have found prices as low as €217/night. For a 4-star budget hotel in Madrid, the cheapest rate recently found was €141/night for this weekend.
How far ahead should you book a hotel in Madrid?
Save money by booking a hotel at least 37 days before your trip to Madrid. The lowest price found when booking 37 days ahead was €94 per night.
Cheapest Budget hotels in Madrid, Spain
Discover affordable stays in Madrid, Spain that provide a quality experience without breaking the bank. Hotels in Madrid, Spain can be found for as low as €22 per night. There is currently one property in Madrid, Spain that can be booked for this price. Hostel Center Madrid is one of the hotels that can be booked for the lowest price in Madrid, Spain. Price data was last updated on 24 April 2025
At the moment, these hotels offer the lowest nightly rate out of those we've come across in Madrid. Prices can differ depending on the dates selected, so use the search form to browse more options if you have flexibility.
Show all 2,714 hotels
€22
Avg. per night
€23
Avg. per night
€26
Avg. per night
C/ Ventura de la Vega, 5, Madrid, Spain
0.4 km from city centre
Free Wi-Fi
Airport shuttle
€26
Avg. per night
€26
Avg. per night
€26
Avg. per night
€27
Avg. per night
Calle Gran Vía, 6 - 1, Madrid, Spain
0.6 km from city centre
Free Wi-Fi
Air conditioning
€28
Avg. per night
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 24 April 2025.
Show all 10,962 stays
€227
Avg. per night
€139
Avg. per night
€124
Avg. per night
€161
Avg. per night
Calle Victoria, 4, Madrid, Spain
0.1 km from city centre
Free Wi-Fi
Airport shuttle
€154
Avg. per night
Carrera San Jeronimo 34, Madrid, Spain
0.4 km from city centre
Free Wi-Fi
€248
Avg. per night
€29
Avg. per night
€50
Avg. per night
€29
Avg. per night