
The Latest Deals for Budget hotels in Madrid
Discover well-known properties in Madrid, Spain that are favoured by visitors more than others. There are 2,469 hotels in Madrid, Spain and price data was last updated on 5 October 2026. The average price for a hotel in Madrid, Spain is €158/night.
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All filtersHotelsCombined’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 €245 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 €142.
Which month has the lowest rates for budget hotels in Madrid?
October is the cheapest month to book a budget hotel in Madrid, with average nightly rates around €86. Prices are highest in December, when rates rise to about €228 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 €131. Mondays are usually the most expensive, averaging €317 per night.
Which Madrid neighborhoods are most popular to stay in?
Those visiting Madrid tend to stay in Chueca, where a budget hotel costs around €197/night. Another popular neighborhood in Madrid is Gran Via, which is €112/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 €55, rising to an average cost of €505, based on searches in the last 72 hours. Prices start from €103 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 €43/night. If you’re specifically looking for a 3-star hotel this weekend, our users have found prices as low as €43/night. For a 4-star budget hotel in Madrid, the cheapest rate recently found was €137/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 7 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 2,469 properties in Madrid, Spain and data was last updated on 5 October 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 accommodation 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 5 October 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 5 October 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 5 October 2026.




