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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.

8.1 Guest Rating

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.

8.4 Guest Rating

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.

7.8 Guest Rating

Hostal ColorsHost, 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.

8.3 Guest Rating

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.

8.6 Guest Rating

Editor's Pick
Hostal Persal, Madrid

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

7.9 Guest Rating

Regente Hotel, 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!

7.7 Guest Rating

Meninas, Madrid

In our opinion, the four-star Hotel Meninas is the most tasteful non-chain establishment in Madrid—UN representatives and Gay Pride visitors agree.

8.1 Guest Rating


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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!

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