Cheap Hotels in Madrid

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January 2026

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Cheap Hotels in Madrid

ICON Embassy

ICON Embassy
Salamanca
£144
includes taxes & fees
25 Dec - 26 Dec
ICON Embassy

H10 Puerta de Alcalá 4* Sup

H10 Puerta de Alcalá 4* Sup
Salamanca
£113
includes taxes & fees
18 Jan - 19 Jan 2026
H10 Puerta de Alcalá 4* Sup

B&B Hotel Madrid Centro F52

B&B Hotel Madrid Centro F52
Madrid Centro
£73
includes taxes & fees
6 Jan - 7 Jan 2026
B&B Hotel Madrid Centro F52

Hotel Riu Plaza España

Hotel Riu Plaza España
Madrid Centro
£149
includes taxes & fees
25 Dec - 26 Dec
Hotel Riu Plaza España

Petit Palace President Castellana

Petit Palace President Castellana
Salamanca
£80
includes taxes & fees
25 Dec - 26 Dec
Petit Palace President Castellana

Atipico Madrid

Atipico Madrid
Salamanca
£84
includes taxes & fees
28 Dec - 29 Dec
Atipico Madrid

Rooms San Marcos

Rooms San Marcos
Madrid Centro
£61
includes taxes & fees
7 Jan - 8 Jan 2026
Rooms San Marcos

NeoMagna Madrid

NeoMagna Madrid
Salamanca
£71
includes taxes & fees
25 Dec - 26 Dec
NeoMagna Madrid

Room Mate Oscar, Madrid

Room Mate Oscar, Madrid
Madrid Centro
£113
includes taxes & fees
11 Jan - 12 Jan 2026
Room Mate Oscar, Madrid

Numa Madrid Fuencarral

Numa Madrid Fuencarral
Madrid Centro
£105
includes taxes & fees
13 Jan - 14 Jan 2026
Numa Madrid Fuencarral

Melia Madrid Serrano

Melia Madrid Serrano
Salamanca
£154
includes taxes & fees
11 Jan - 12 Jan 2026
Melia Madrid Serrano

Hotel Nido Príncipe Pío

Hotel Nido Príncipe Pío
Moncloa - Arguelles
£70
includes taxes & fees
7 Jan - 8 Jan 2026
Hotel Nido Príncipe Pío

Hotel Vincci SoMa

Hotel Vincci SoMa
Salamanca
£107
includes taxes & fees
25 Dec - 26 Dec
Hotel Vincci SoMa

H10 Villa de la Reina Boutique Hotel

H10 Villa de la Reina Boutique Hotel
Madrid Centro
£125
includes taxes & fees
12 Jan - 13 Jan 2026
H10 Villa de la Reina Boutique Hotel

Petit Palace Chueca

Petit Palace Chueca
Madrid Centro
£93
includes taxes & fees
25 Dec - 26 Dec
Petit Palace Chueca

NH Madrid Príncipe de Vergara

NH Madrid Príncipe de Vergara
Salamanca
£124
includes taxes & fees
29 Dec - 30 Dec
NH Madrid Príncipe de Vergara

Catalonia Goya

Catalonia Goya
Salamanca
£105
includes taxes & fees
25 Dec - 26 Dec
Catalonia Goya

Novotel Madrid Center

Novotel Madrid Center
Salamanca
£133
includes taxes & fees
7 Jan - 8 Jan 2026
Novotel Madrid Center

Motel One Madrid-Plaza de España

Motel One Madrid-Plaza de España
Madrid Centro
£96
includes taxes & fees
25 Dec - 26 Dec
Motel One Madrid-Plaza de España

ICON Wipton

ICON Wipton
Salamanca
£180
includes taxes & fees
12 Jan - 13 Jan 2026
ICON Wipton
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Top neighbourhoods in Madrid

Madrid Centro

Madrid's urban Madrid Centro neighbourhood is loved for its monuments and theatres, and visitors often enjoy its varied attractions, including Gran Via and Puerta del Sol.

Sol

The Sol neighbourhood offers attractions, such as Gran Via and Puerta del Sol.

Salamanca

Madrid's arty Salamanca neighbourhood is loved for its cafes and museums, and visitors often enjoy its varied attractions, including El Corte Inglés and Golden Mile.

Chueca

Madrid's trendy Chueca neighbourhood is loved for its cafes and restaurants, and visitors often enjoy its varied attractions, including Gran Via and Plaza de Chueca.

Top landmarks in Madrid

Gran Via
Gran Via which includes heritage architecture, night scenes and landscape views

Gran Via

4/5(413 reviews)

If you want to give your credit card some exercise, head out to Gran Via, a popular place for shoppers in Madrid Centro. Our travellers also like the museums and art galleries in the area. It's also full of great shops and restaurants, so you can spend the afternoon having a wander. Splash some more cash at Preciados Street, Fnac and San Miguel Market.

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Bernabéu Stadium
Bernabéu Stadium

Bernabéu Stadium

4.5/5(173 reviews)

Why not catch an event at Bernabéu Stadium, a major stadium in Chamartín. Let yourself be amazed at the museums and art galleries in the area too. If you think Bernabéu Stadium is cool, you might also like Movistar Arena and Madrid Arena, both located nearby.

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Puerta del Sol
Puerta del Sol

Puerta del Sol

4/5(419 reviews)

Puerta del Sol is worth passing through for a few pics when in Madrid Centro. Madrid has other landmarks that you might want to visit, such as Royal Palace of Madrid.

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Plaza Mayor
Plaza Mayor featuring an administrative building, a monument and heritage architecture

Plaza Mayor

4.5/5(572 reviews)

Learn about the history of Plaza Mayor, one of the top monuments in Madrid. Experience the entertainment choices and fascinating museums in this vibrant area.

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Royal Palace of Madrid
Royal Palace showing a city, château or palace and heritage architecture

Royal Palace of Madrid

4.5/5(463 reviews)

After visiting Royal Palace of Madrid, make a plan to see the other sights and activities in Madrid. Discover the acclaimed art galleries and shops in this vibrant area.

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El Retiro Park
El Retiro Park showing a garden

El Retiro Park

4.5/5(463 reviews)

El Retiro Park is just one of the places to see in Madrid, so why not enjoy the other things to explore during your travels? Take in the fascinating museums in this walkable area.

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Frequently asked questions

How much is a cheap hotel in Madrid?
With 288 budget hotels to choose from, you'll have no trouble finding cheap options in Madrid. Remember to sort your results by "Price: low to high" when searching for the cheapest Madrid hotels.
  • Take a look at the lowest price per night from £61
What is the cheapest area to stay in Madrid?
When you want a cheap place to stay in Madrid, consider Madrid Centro and Sol which often have budget-friendly hotels. Are you looking to stay in another area of the city? Pinpoint low-cost hotels in the another part of town using our map feature.
Are there any cheap hotels in Madrid that offer free breakfast?
If you stay at a budget hotel in Madrid, that doesn't mean you have to miss out on a good meal to start your day. Hotel Madrisol includes a free continental breakfast. Puerta del Sol Rooms also offers a complimentary continental breakfast. To find other Madrid hotels with free breakfast, use the "Breakfast included" filter.
What are the best cheap hotels in Madrid?
For a cheap hotel in Madrid with glowing reviews, consider Hotel Riu Plaza España, which features free Wi-Fi, 2 bars/lounges and laundry facilities . You can also look at Hotel Regina or Hostal Madrid Atocha.
Can I stay in a hostel in Madrid?
Hostels can be a cheaper alternative to Madrid hotels, as you can stay in a shared dormitory. There are 88 hostels in Madrid. Hostel Thirty One offers free in-room Wi-Fi and laundry facilities . Velvet Hostel Business has free in-room Wi-Fi and a 24-hour front desk . Generator Madrid is another low-cost option.
What are the best cheap things to do in Madrid?
Sightseeing doesn't mean that you have to blow the budget. For some things to do in Madrid, enjoy the outdoors at Parque de Berlin or Juan Carlos I Park. Make sure that a visit to Puerta del Sol is in your plans.

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