All recommended hotels in Madrid: $100 - $200

13 cheap hotels in Madrid reviewed by EuroCheapo (See more hotels in Madrid by doing a CheapoSearch)

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Name Cheapest Guest rating Most viewed

Editor's Pick
Room Mate Mario, Madrid

Address Campomanes, 4 (Puerta del Sol)

"We want to be like a friend in the city who has the best apartment in the best part of town, and who can tell you where to go out at night."

8.7 Guest Rating

From

$112

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Editor's Pick
Hotel Ateneo, Madrid

Address Montera, 22 (Along the Gran Via)

Sleek and chic Ateneo provides 38 impressive three-star rooms just north of Puerta del Sol.

8.5 Guest Rating

From

$133

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Editor's Pick
Hotel Plaza Mayor, Madrid

Address Atocha, 2 (La Latina-Lavapies)

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

8.4 Guest Rating

From

$112

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Moderno, Madrid

Address Arenal, 2 (Puerta del Sol)

The Hotel Moderno wowed us with head-to-toe comforts and chic decor. This muy moderno venue overlooks the Puerta del Sol, winning mucho points for its central location.

8.3 Guest Rating

From

$118

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Editor's Pick
Best Western Hotel Carlos V, Madrid

Address Maestro Victoria, 5 (Puerta del Sol)

This centrally situated, reliable hotel is a dream come true for risk-averse travelers ... You can get shuttle service to and from the airport, and it's located in a popular shopping area, just off the pedestrian-only Preciados.

8.2 Guest Rating

From

$104

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Editor's Pick
Hotel Ingles, Madrid

Address Echegaray, 8 (Huertas & Santa Ana)

The three-star Hotel Ingles is a classic choice that has managed to keep its rates low, while new matresses and fresh paint keep aging rooms pleasant.

8.1 Guest Rating

From

$124

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Petit Palace Posada del Peine, Madrid

Address Postas, 17 (Puerta del Sol)

Posada del Peine manages to offer affordable rates to travelers while maintaining its four-star status.

8.1 Guest Rating

From

$137

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Regente Hotel, Madrid

Address Mesonero Romanos, 9 (Along the Gran Via)

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

7.9 Guest Rating

From

$119

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Editor's Pick
Petit Palace Ducal, Madrid

Address Hortaleza, 3 (Along the Gran Via)

Though a little bit expensive for Madrid, High Tech Petit Palace Ducal has a great location and unique design that make it a splurgeworthy pick.

7.7 Guest Rating

From

$149

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Hostal Tijcal II, Madrid

Address Cruz, 26 (Huertas & Santa Ana)

The Tijcal II isn't exactly chic, but it is cheerful. Everything is brand new, from the modern wooden furniture to the well-equipped baths.

7.4 Guest Rating

From

$104

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Tryp Madrid Gran Via Hotel, Madrid

Address Gran Vía, 25 (Along the Gran Via)

An historic establishment that can boast Ernest Hemingway as a former guest, the Tryp Gran Vía is a safe, moderately-priced bet.

7.3 Guest Rating

From

$130

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Anaco, Madrid

Address Tres Cruces, 3 (Along the Gran Via)

While the hotel's exterior won't wow you, the modern, comfortable rooms and super-convenient location are sure to make a positive impression.

7.1 Guest Rating

From

$114

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Editor's Pick
Hotel Europa, Madrid

Address Calle del Carmen 4 (Puerta del Sol)

Rooms at the Hotel Europa boast beautiful furnishings, fresh fabrics, marble baths, and tons of amenities from sofas to satellite TVs.

From

$114

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