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| Colors Hostal Fuencarral 39, 4th Floor | | 
| | € 55-55 |
Colors is one of our Madrid favorites, for its reasonable rates and guest services. It's an (ahem!) colorful place, with punchy decor and bedding. |
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| Hostal Adriano Calle de la Cruz 26, 4th Floor | | 
| | € 73-75 |
In a building stacked with hostals in the Huertas district, the stealthily-attractive Adriano sits just waiting to be discovered for its unbeatable style and rates. |
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| Hostal Alaska Calle Espoz y Mina 7, 4D | | 
| | € 50-50 |
Hostal Alaska is widely recommended. In addition to being one of the best bargains in town, it's also an inarguably good place for history buffs. |
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| Hostal Asuncion Plaza Santa Bárbara 8, 2nd Floor | | 
| | € 55-55 |
We like Hostal Asunción for its non-touristy location, plus rates are reasonable for services rendered, and include free Wi-Fi. |
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| Hostal Barrera Calle de Atocha 96 | | 
| | € 65-65 |
The attractive two-star Hostal Barrera sits long Calle Atocha, within walking distance to the Museum Triangle and Atocha station. |
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| Hostal El Catalan Calle de Horteleza 17 | | 
| | € 45-45 |
Hostal el Catalán is to hostals what Levi's is to jeans—it's an established brand that has so passed the test of time, there's no questioning its consistency or value. |
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| Hostal Fonde Horizonte Calle Atocha 28, 2B | | 
| | € 23-72 |
Hostal Fonde Horizonte has been in the same family for 300 years, though the funky vintage décor is at odds with its rich history. |
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| Hostal La Zona Calle de Valverde 7, 1 and 2 | | 
| | € 50-70 |
Late night festivities are encouraged here, but raging parties on the streets of Chueca stop at the door—Hostal La Zona prides itself on class and safety. |
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| Hostal Madrid Calle Esparteros, 6, 2nd Floor | | 
| | € 60-75 |
For longer stays in Madrid, Hostal Madrid's over-sized apartments take the cake: think natural wood floors, full kitchens, and well-collected furnishings. |
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| Hostal Residencia Felipe V Gran Vía 15, 4th Floor Right | | 
| | € 62-62 |
This two-star hostal sits directly above Gran Vía, in a building jam-packed with other hostals. |
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| Hostal Salamanca Calle José Ortega y Gasset 89 | | 
| | € 40-60 |
Located in Salamanca north of the center of Madrid on the most fashionable street in the capital is the 17-room, family-run Hostal Salamanca. |
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| Hotel Dos Castillas Calle Abada 7 | 
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| | € 78-113 |
Dos Castillas is dependable and reliable. While it's a good deal for the money, don't come here expecting luxury. |
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| Hotel Ingles Echegaray, 8 |
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| | € 80-120 |
The three-star, 155-year-old Hotel Ingles is a classic choice that has managed to keep its rates low, while new matresses and fresh paint keep aging rooms pleasant. |
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| Hotel Santander Echegaray, 1 | 
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| | € 80-80 |
Hotel Santander is known for its grandeur and Old World reputation— Old World, in this case, means you can forget about Internet access and cable TV. |
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| Petit Palace Ducal Hortaleza, 3 |
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| | € 120-140 |
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.
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| Petit Palace Posada Del Peine Postas 17 | 
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| | € 110-180 |
Posada del Peine manages to offer affordable rates to travelers while maintaining its four-star status.
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| Sercotel Meninas Calle Campomanes, 7 |
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| | € 85-180 |
In our opinion, the four-star Hotel Meninas is the most tasteful non-chain establishment in Madrid—UN representatives and Gay Pride visitors agree. |
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| Tryp Gran Via Gran Vía, 25 |
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| | € 105-120 |
An historic establishment that can boast Ernest Hemingway as a former guest, the Tryp Gran Vía is a safe, moderately-priced bet. |
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| Hostal A. Nebrija Gran Vía 67, 8th Floor | 
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| | € 29-39 |
A. Nebrija is a small, six-room family establishment we regard to be the best bargain in Madrid, complete with Old Spanish charm. |
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| Hostal Villar Principe 18 |
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| | € 25-46 |
Providing 46 rooms along the central Calle Principe, the Villar is noteworthy for its rock-bottom prices and nifty wrought-iron elevator. |
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| Hostal Benamar Calle San Mateo 20, 2nd Floor |
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| | € 20-45 |
Renovated rooms have their own personal computer with Internet access. Plus, they are f-r-e-s-h, with new doors, new beds, big TVs, AC... |
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| Hostal Paz Calle de la Flora 4, 1st Floor |
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| | € 25-40 |
The friendly Angela runs this 10-room show. Rooms and bathrooms ... are absolutely spotless, and the shiny white bedspreads and wooden furniture are new. |
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| Hostal Dominguez Calle Santa Brigada 1, 1st Floor |
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| | € 29-41 |
The Hostal Dominguez is a respite from the buzz of the Chueca's trendy bars and clubs. |
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| Hostal Riesco Correo 2, 3rd Floor |
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| | € 31-45 |
Super cheap and located directly on Puerta del Sol, the Riesco provides a nice, air-conditioned stay near the heart of Madrid. |
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| Hostal La Fontana Calle Valverde 6, 1st Floor |
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| | € 23-50 |
La Fontana undercuts its two-star bracket contemporaries with friendly service and design savvy. |
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