Find Cheap Budget hotels in Madrid
Search, compare, and save on Madrid, Spain Budget hotels from hundreds of travel sites on HotelsCombined.
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The Latest Deals for Budget hotels in Madrid
Discover well-known properties in Madrid, Spain that are favoured by visitors more than others. There are 2,438 hotels in Madrid, Spain and price data was last updated on 9 October 2026. The average price for a hotel in Madrid, Spain is ₹ 20,772/night.
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All filtersCalle De La Victoria N6, 2nd Floor, Madrid, Spain
A microwave in a common area, a refrigerator in a common area, and laundry facilities are available at this smoke-free hostel. WiFi in public areas is free. Additionally, tour/ticket assistance, a garden, and a TV in a common area are onsite.
Free Wi-Fi
Air conditioning
8.7
Excellent
1461 reviews
Location
0.1 km from city centre
₹ 8,310
Calle Martina Diaz, 4., Madrid, Spain
A restaurant, a bar/lounge, and a coffee shop/cafe are available at this smoke-free hotel. WiFi in public areas is free. Additionally, a seasonal outdoor pool, a business center, and conference space are onsite.
Free Wi-Fi
8.4
Excellent
4410 reviews
Location
8.8 km from city centre
₹ 9,757
Carretera de Colmenar Viejo Salidas 14 y 15 (Via de Servicio) Recinto Ciudad Escolar, Madrid, Spain
This smoke-free hotel features a meeting room, concierge services, and a 24-hour front desk. Free WiFi in public areas and free self parking are also provided. Additionally, free newspapers, tour/ticket assistance, and a garden are onsite.
Free Wi-Fi
Parking
8.7
Excellent
1496 reviews
Location
12.1 km from city centre
₹ 6,387
Plaza de San Miguel, 5 - 1º Dcha, Madrid, Spain
This smoke-free hostal features a 24-hour front desk, free WiFi in public areas, and multilingual staff assistance.
Free Wi-Fi
7.8
Good
2181 reviews
Location
0.5 km from city centre
₹ 7,474
Calle de Esteban Terradas, 13, Madrid, Spain
Along with a bar/lounge, this smoke-free hotel has a snack bar/deli and a coffee shop/cafe. Free WiFi in public areas and free self parking are also provided. Additionally, concierge services, a 24-hour front desk, and express check-out are onsite.
Free Wi-Fi
8.8
Excellent
1585 reviews
Location
10.4 km from city centre
₹ 8,722
Avenida De Aragon 332, Madrid, Spain
This smoke-free hotel features a restaurant, a fitness center, and a bar/lounge. Free WiFi in public areas and a free airport shuttle are also provided. Additionally, a poolside bar, a snack bar/deli, and a conference center are onsite.
Free Wi-Fi
8.6
Excellent
9554 reviews
Location
11.3 km from city centre
₹ 10,482
Calle Laguna Dalga, 4, Madrid, Spain
Along with a fitness center, this smoke-free hostal has a bar/lounge and a snack bar/deli. WiFi in public areas is free. Other amenities include a coffee shop/cafe, self parking, and concierge services.
Free Wi-Fi
8.1
Excellent
11552 reviews
Location
9.3 km from city centre
₹ 6,422
Calle De Hortaleza 19, 2nd Floor, Madrid, Spain
Along with concierge services, this smoke-free hostal has a 24-hour front desk and free newspapers. WiFi in public areas is free. Other amenities include tour/ticket assistance and a vending machine.
Free Wi-Fi
Airport shuttle
7.8
Good
2236 reviews
Location
0.7 km from city centre
₹ 8,708
Calle Principe 18, Madrid, Spain
Along with tour/ticket assistance, this smoke-free hostal has a front-desk safe and free WiFi in public areas.
Free Wi-Fi
Airport shuttle
8.1
Excellent
4022 reviews
Location
0.2 km from city centre
₹ 8,799
Calle Santa Leonor 34, Madrid, Spain
Travelodge Madrid Metropolitano offers modern, air-conditioned and soundproofed rooms. Suanzes and Ciudad Lineal metro stations are both under 800 metres away and connect to the centre in 30 minutes. Rooms feature warm tones and parquet floors. Each one has a private bathroom, bed linen and towels. Private parking is available at an extra cost. Free Wi-Fi is available in rooms as well as in the rest of the hotel. The hotel offers a 24-hour café-bar and serves a buffet breakfast. There are also vending machines with drinks and snacks. Several restaurants and bars can be found within a 10-minute walk. Buses run to the centre of Madrid from near to the hotel. Atocha Train Station is around 7 km from Travelodge Madrid Metropolitano.
Free Wi-Fi
8.7
Excellent
5268 reviews
Location
6.5 km from city centre
₹ 8,341
HotelsCombined’s insights for budget hotels in Madrid
Use our HotelsCombined data-powered tips to help you find your next budget hotel in Madrid.
Which month has the lowest rates for budget hotels in Madrid?
August is the cheapest month to book a budget hotel in Madrid, with average nightly rates around ₹ 11,132. Prices are highest in October, when rates rise to about ₹ 40,620 per night.
What day of the week has the lowest rates for Madrid budget hotels?
Budget hotels in Madrid are most affordable on Wednesdays, with average nightly rates around ₹ 1,101. Saturdays are usually the most expensive, averaging ₹ 52,367 per night.
How much is a budget hotel in Madrid tonight?
Users have found prices for budget hotels in Madrid tonight starting as low as ₹ 5,338, rising to an average cost of ₹ 43,411, based on searches in the last 72 hours. Prices start from ₹ 9,584 for a 4-star budget hotel in Madrid for tonight.
How much is a Madrid budget hotel room this weekend?
In the past 72 hours, we’ve seen prices for budget hotels in Madrid this weekend for as little as ₹ 8,629/night. If you’re specifically looking for a 3-star hotel this weekend, our users have found prices as low as ₹ 10,251/night. For a 4-star budget hotel in Madrid, the cheapest rate recently found was ₹ 8,629/night for this weekend.
What’s the recommended booking timeframe for Madrid budget hotels?
For the best rates, it's recommended to book your Madrid budget hotel at least 7 days before your stay.
Top-rated Budget hotels in Madrid, Spain
Browse through properties in Madrid, Spain that have received the highest ratings from guests. There are currently 2,438 properties in Madrid, Spain and data was last updated on 9 October 2026.
Some of the best Madrid hotel options as decided by our users. Take a look at user reviews to learn why these properties were rated the best.
₹ 8,807
Avg. per night
₹ 6,057
Avg. per night
₹ 9,886
Avg. per night
₹ 6,433
Avg. per night
₹ 10,454
Avg. per night
₹ 10,476
Avg. per night
₹ 9,724
Avg. per night
₹ 8,387
Avg. per night
₹ 9,238
Avg. per night
₹ 9,495
Avg. per night
₹ 10,237
Avg. per night
₹ 9,513
Avg. per night
Other accommodation in Madrid, Spain
Discover the ideal holiday rental or hostel for your stay in Madrid, Spain. Choose from a variety of options among the available accommodations. Listings are regularly updated, with the latest information as of 9 October 2026.
Plaza Celenque 3-5, Madrid, Spain
0.3 km from city centre
Free Wi-Fi
Airport shuttle
₹ 11,310
Avg. per night
Plaza Pedro Zerolo, 3, Madrid, Spain
0.7 km from city centre
Free Wi-Fi
Airport shuttle
Air conditioning
₹ 4,432
Avg. per night
₹ 11,258
Avg. per night
₹ 11,162
Avg. per night
Madrid, Spain
0.1 km from city centre
Air conditioning
Airport shuttle
₹ 6,489
Avg. per night
₹ 9,997
Avg. per night
Calle Luis Velez De Guevara 2, Madrid, Spain
0.2 km from city centre
Free Wi-Fi
Airport shuttle
₹ 13,540
Avg. per night
₹ 12,001
Avg. per night
Calle Atocha, 45, Madrid, Spain
0.3 km from city centre
Free Wi-Fi
Air conditioning
Airport shuttle
₹ 6,581
Avg. per night
₹ 16,495
Avg. per night
Explore Madrid
Explore different neighbourhoods and areas within Madrid, Spain to find the perfect location for your stay. Map data was last updated on 9 October 2026.
Whether you're visiting Madrid for leisure or business, utilize the map to find hotels close to your ideal location. Clicking on a hotel name will take you to a page with pricing, reviews, and more useful information.
Madrid Budget hotels - FAQs
Find useful tips and insights about staying in Madrid to help you make the most of your experience. FAQs were last updated on 9 October 2026.
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