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Expert reviews of cheap hotels in Madrid

The best budget hotels in Madrid... inspected and approved.

See all recommended hotels by: Most Viewed Name Price User rating

Editor's Pick
Hostal Cruz-Sol, Madrid

The Hostal Cruz-Sol has it all—rock-bottom prices, comfy rooms, and a cool and convenient location. It overlooks the Plaza de Santa Cruz and is just a minute from Puerta del Sol.

Very Good 8.1

From
$72

Editor's Pick
Hotel Plaza Mayor, Madrid

The Hotel Plaza Mayor is worth the few extra euros for its bonus services, accountability, and warm welcome.

Very Good 8.4

From
$116

Editor's Pick
Hostal A. Nebrija, Madrid

A. Nebrija is a small, six-room family establishment we regard to be the best bargain in Madrid, complete with Old Spanish charm.

From
$46

Editor's Pick
Hostal San Lorenzo, Madrid

Hotel San Lorenzo, perched just off Gran Via, impresses to the nines with its country style and bargain rates.

Very Good 7.7

From
$51

Editor's Pick
Colors Hostal, Madrid

Colors Hostel is run by a vivacious Argentinean man and is comprised of 9 rooms. Four rooms have balconies that overlook Fuencarral, a trendy street strung with designer clothing shops leading all the way to Chueca.

Very Good 8.3

From
$71

Editor's Pick
Hostal Barrera, Madrid

The attractive two-star Hostal Barrera sits long Calle Atocha, within walking distance to the Museum Triangle and Atocha station.

Excellent 8.6

From
$88

Editor's Pick
Hostal Persal, Madrid

The Hostal Persal is an 80-room Madrid classic, where an appealing minimalist aesthetic sets the tone.

Very Good 7.9

From
$84

Editor's Pick
Hotel Regente, Madrid

If you're not opposed to shelling out a few extra euros, then check into the three-star Hotel Regente. It's worth it!

Very Good 7.7

From
$124

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Welcome to EuroCheapo, a guide to cheap hotels in Madrid and throughout Europe.

Since 2002, our editors have been visiting, inspecting and photographing budget hotels in the best neighborhoods of Madrid. The places we've chosen as "Editor’s Picks" have certain qualities in common: They're all clean, central, cheap and, if we're lucky, have a touch of personality unique to the city.

Find the perfect budget hotel

Madrid is a feast for budget travelers, and not just because sightseeing, eating and drinking tend to be less expensive here than in other European capitals. Sleeping, too, comes affordably, as the city’s hotels, hostals, and hostels are cheaper than in many other popular Spanish destinations.

• Search for your dates in the box above to see available hotels.

• Click through to see a list of our recommended cheap hotels in Madrid.

Our guide to Madrid on a budget

Check out the articles in our city guide and in our Madrid blog for tips on additional ways to save on your trip, including free and cheap things to do, dining options and more.

Thanks for visiting EuroCheapo. Together we can afford to go anywhere!

Madrid articles

Getting Into Madrid

With the 2006 inauguration of Terminal 4 at Barajas, arriving in Madrid has never been more enthralling. Of course, you'll have to leave the airport eventually. We'll lead you through that, but never fear. We'll get you back to Barajas, too.

Getting Around Madrid
Getting around Madrid is easy with our snappy Madrid transportation guide. We'll brief you on the metro system, the bus system and taxis. Along the way, you'll discover the complex pricing rules of Madrid taxis and learn why you should purchase a bonotransporte.

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