Madrid Budget hotels

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Booking Insights
Recommended by KAYAK

Best Madrid budget hotels

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₱1,066 - ₱63,063₱63,063 - ₱125,061₱125,061 - ₱187,059₱187,059 - ₱248,997₱248,997+ per night

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Most recommended Madrid budget hotels

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Rosewood Villa Magna - Madrid - Bedroom
Rosewood Villa Magna
Salamanca
9.1Wonderful(311)
Free Wi-Fi
Pet friendly
Spa
₱90,932+
Check availability
Madrid Marriott Auditorium Hotel & Conference Center - Madrid - Lounge
Madrid Marriott Auditorium Hotel & Conference Center
San Blas-Canillejas
8.8Very good(4601)
Airport shuttle
Free Wi-Fi
Pool
₱10,431+
Check availability
room00 Ventura Hostel - Madrid - Restaurant
room00 Ventura Hostel
Centro
8.3Very good(5521)
Free Wi-Fi
₱11,103+
Check availability
Tribu Malasaña - Madrid - Bedroom
Tribu Malasaña
Centro
9.1Wonderful(6423)
Free Wi-Fi
₱13,686+
Check availability
Petit Hostel La Latina - Madrid - Lobby
Petit Hostel La Latina
Arganzuela
8.1Very good(2751)
Free Wi-Fi
₱13,553+
Check availability
Sercotel Madrid Aeropuerto - Madrid - Balcony
Sercotel Madrid Aeropuerto
Barajas
8.5Very good(5075)
Free Wi-Fi
Pool
Pet friendly
Spa
₱7,830+
Check availability
room00 Gran Vía Hostel - Madrid - Bedroom
room00 Gran Vía Hostel
Centro
8.6Very good(5237)
Free Wi-Fi
₱12,786+
Check availability
Hotel Los 5 Pinos - Madrid
Hotel Los 5 Pinos
San Blas-Canillejas
8.7Very good(1254)
Free Wi-Fi
₱6,157+
Check availability
Ilunion Pio XII - Madrid - Lounge
Ilunion Pio XII
Chamartin
8.8Very good(5077)
Free Wi-Fi
Pet friendly
₱8,519+
Check availability
Exe Madrid Norte - Madrid - Lobby
Exe Madrid Norte
Hortaleza
8.5Very good(3441)
Free Wi-Fi
Pool
₱8,869+
Check availability
Melia Barajas - Madrid - Lobby
Melia Barajas
Barajas
8.7Very good(4800)
Airport shuttle
Pool
₱10,058+
Check availability
Hotel Mediodia - Madrid - Living room
Hotel Mediodia
Centro
8.6Very good(7631)
Free Wi-Fi
₱9,403+
Check availability
INNSiDE By Meliá Madrid Valdebebas - Madrid - Lounge
INNSiDE By Meliá Madrid Valdebebas
Hortaleza
9.2Wonderful(913)
Airport shuttle
Free Wi-Fi
Pool
Pet friendly
₱9,696+
Check availability
ibis Madrid Aeropuerto Barajas - Madrid - Building
ibis Madrid Aeropuerto Barajas
Barajas
8.4Very good(7415)
Free Wi-Fi
Pet friendly
₱7,742+
Check availability
Smartrental Collection Gran Vía Centric - Madrid - Bedroom
Smartrental Collection Gran Vía Centric
Centro
8.6Very good(3922)
Free Wi-Fi
₱17,806+
Check availability
Booking Insights

KAYAK’s insights for budget hotels in Madrid

Discover seasonal trends, ideal booking windows, and other data-driven tips to plan your stay in Madrid with confidence.

Which month has the cheapest rates for budget hotels?

Budget hotels in Madrid are cheapest in March, with an average rate of ₱8,435. On the other hand, they are at their most expensive in December, where the average price is ₱27,499.

What is the cheapest day of the week to book a budget hotel in Madrid?

The lowest prices can usually be found on Saturday, where the average nightly price is ₱8,435. The most expensive night is generally Wednesday, where the average price is ₱27,541.

Which neighbourhood do KAYAK users most love to book their budget hotel in Madrid?

The most popular neighbourhood in Madrid among KAYAK users to search for a budget hotel is Argüelles, with an average price of ₱10,727. Riu Plaza Espana, Debod Hostel, and Barceló Torre De Madrid rank among the highest-rated hotels in Argüelles.

How much is a budget hotel in Madrid for tonight?

The best deal for a 3-star budget hotel room in Madrid found by KAYAK users in the last 3 days was ₱5,244, while a 4-star budget hotel the lowest price was ₱5,415. The cheapest room found overall was for ₱4,467.

How much is a budget hotel in Madrid for this weekend?

The cheapest budget hotel room in Madrid for the upcoming weekend found on KAYAK in the last 3 days was for ₱4,687 per night. For the same dates, 3-star budget hotel rooms have been found for as low as ₱4,687 per night and 4-star budget hotel rooms from ₱6,489 per night.

How early should you book a budget hotel in Madrid?

Book at least 55 days before your stay begins to get the best price for your Madrid budget hotel.

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Good to know

Low season

High season

Average price (weeknight)

Average price (weekend night)

Lowest hotel price

March
December
₱14,069
₱18,886
₱3,564
Cheapest month to stay with an average 42% drop in price.
Most expensive month to stay with an average 88% rise in price.
Average Sun - Thu price over the last 2 weeks.
Average Fri & Sat price over the last 2 weeks.
The cheapest budget hotel room rate in the last 7 days

KAYAK's top tips for finding Madrid budget hotel deals

  • Prices for budget hotels in Madrid are cheaper in the low season, which is in March and July.
  • Budget room prices can vary depending on different factors. However, generally rooms cost less on a Saturday. The most expensive night for a stay is Wednesday.
  • The cheapest budget hotel room in Madrid found on KAYAK in the last 2 weeks was ₱4,632. The most expensive cost ₱16,749.

FAQs about Madrid budget hotels

Where to stay in a budget hotel in Madrid?

Our map will help you find the perfect place to stay in Madrid by showing you the exact location of each hotel.

Everything you need to know for your stay in Madrid

Hotels near airports in Madrid

Madrid Barajas Airport