Cheap Hotels in Madrid

Free cancellation options if plans change
Unlock travel rewards with One Key
Save more with Member Prices

Check prices for these dates

Tonight
21 May - 22 May
Tomorrow
22 May - 23 May
This weekend
23 May - 25 May
Next weekend
30 May - 1 Jun

Cheap Hotels in Madrid

Colectia Stays Gran Vía
Premium Room, 1 Bedroom, City View | Iron/ironing board, free WiFi

Colectia Stays Gran Vía

2.0 star property
9.6 out of 10, Exceptional, (40)
The price is £109
includes taxes & fees
10 Jun - 11 Jun
Colectia Stays Gran Vía
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.

Top neighbourhoods in Madrid

Default Image

Madrid Centro

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

See properties in Madrid Centro
Madrid Centro

Top landmarks in Madrid

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

Gran Via

You can browse for souvenirs when you visit Gran Via, a favourite shopping spot in Madrid. Discover the charming cafes and acclaimed art galleries in this walkable area.

See properties in Gran Via
Gran Via
A tranquil hotel pool encircled by beautiful arches

Summer Getaway Sale

Sign in to save 25%+ on selected hotels, and earn 50% more rewards on all properties. Book by 26 May and travel by 30 Sep 2025. See terms*
Sign in or join for free

Frequently asked questions

How much is a cheap hotel in Madrid?
In Madrid, you’ll find a variety of hotels to choose from so filter on “included” amenities or “budget property” to find the best value. When you’re searching for the best hotel deals, remember to sort your results by “Price: low to high” to find the cheapest Madrid hotels.
  • Take a look at the lowest price per night £36
What is the cheapest area in Madrid?
When you’re looking for cheap hotels in Madrid, location is key. Madrid Centro and Sol often have great budget-friendly options available. Prefer to stay in another part of town? Use our map feature to find a low-cost hotel in the perfect spot.
Do any cheap hotels in Madrid offer free breakfast?
Staying in a cheap hotel in Madrid doesn’t mean you have to miss out on a nice breakfast. Hotel Madrisol serves up a free continental breakfast. Residencia Rosales also offers a complimentary buffet breakfast. Find more Madrid hotels with free breakfast when you select our “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 Hotel Atlantico Madrid.
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 74 hostels in Madrid. Hostel Acacias offers free in-room Wi-Fi and free in-room toiletries . Hostel Thirty One 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.