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Looking for somewhere superb? Reviewers loved Madrid!

Madrid budget hotels

From hostels to backpackers; your pick of places to stay at on a budget.

More than 1 million people last month said they'd recommend Booking.com to their family and friends.

  • The 10 Best Budget Hotels in Madrid, Spain

Hotels that guests love in Madrid
Village Apartments Malasaña

“This apartment situated right in the center, so you have all entertainment around. The price is cheaper in compare with hotels .”

29 May 2018

Motion Chueca

“Cheap, easy, 24/7 front desk, good location, friendly accommodating staff, free (limited) breakfast. Good if you're only staying a night, or if you and friends are looking for a low budget place to sleep”

15 Apr 2018

Hostal La Casa de La Plaza

“Cheap Place. Perfect location. Highly recommended for anyone travelling on a budget.”

13 Mar 2018

Ibis Budget Madrid Calle Alcalá

“Nice little budget hotel that looks very modernised! Perfect for a cheap getaway but doesn't even look that cheap inside! Staff cleaned the room and provided new towels every day. You can also easily go round to the main Ibis hotel connected to it and order food! We got delicious pizza 🍕”

12 Jul 2017

Room007 Chueca Hostel

“Good place in the centre of the city. Clean, new furniture and wooden floor, nicely decorated. Friendly staff. Good food and drink offers. An inexpensive place to sleep without cheap customers.”

23 Apr 2017

Pension Enebral

“The location is great, the place is clean and quite, the staff friendly.it is very cheap. If you are not demanding and you are on abudget it is fine.”

17 Mar 2017

Tryp Madrid Airport Suites

“We had a large, very comfortable and yet inexpensive suite in a big hotel with its own cafeteria-style restaurant, shop and giant swimming pool. Close to Madrid airport (but quiet!), it has a huge basement parking area (partly for lease and rental cars) and an airport shuttle service. Brilliant if this is the place you were returning your car to (as we were). Seemed to us it was primarily for airport departers like us, conferences and budget tour groups.”

11 Oct 2016

Urban Sea Hotel Atocha 113

“It's a cheap and clean place. If the budget is not big, then this is a good place to stay for a short time”

9 Jul 2016

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