Expert reviews of cheap hotels in Madrid
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!
From our Madrid blog
Planning a trip to Europe this year and deep in the list-making process? Now’s a great time to quickly review your itinerary and “trip strategy” to make sure that you’re not about to make any comm ... read
Making plans for a trip to Spain? We’re not surprised. The country is a favorite with travelers, and it makes good sense — what’s not to like about a place packed with adventures for every kind of visitor: tasty cu ... read
Madrid is an energetic city with beautiful neighborhoods. You’ll find world-class museums alongside tapas bars and a thriving nightlife scene. And although it is one of the top cities in the world, Madrid can still b ... read
You’ve got a bit more than a week to spend in Spain? Lucky you! As a resident of Barcelona, I’m of course tempted to say that you could easily spend the whole time in my city, but most visitors try to see mor ... read
Need a break from the hip and crowded streets of Barcelona? Hop on the high-speed train for a quick trip to Madrid just 2 hours and 30 minutes away. Stately, refined, and dignified, even in its grungier quarters, the Spa ... read
Madrid articles
- Getting Into Madrid
With the 2006 inauguration of Terminal 4 at Barajas, arriving in Madrid has never been more enthralling. Of course, you'll have to leave the airport eventually. We'll lead you through that, but never fear. We'll get you back to Barajas, too.
- Getting Around Madrid
- Expect to Spend: Madrid
- Madrid Budget Tips
- Madrid Car Rentals
- Reviewing Madrid
- Madrid Hotel Overview
- Madrid City Guide Introduction
- Reading Up on Madrid
- Madrid Day Trips
Search budget hotels in Madrid
Hostal La Fontana Pension
Valverde, 6, Along the Gran Via
EuroCheapo Review: La Fontana undercuts its two-star bracket contemporaries with friendly service and design savvy.... read review
$35
Hostal Benamar Pension
San Mateo, 20, 2º piso, Chueca
EuroCheapo Review: The Hostal Benamar, located in Chueca across from the Museo Romantico, offers comfortable rooms with flat-screen TVs, double-paned windows, and full, en suite bathrooms.... read review
$37
Cruz, 14, 2, Huertas & Santa Ana
EuroCheapo Review: Situated along Calle Cruz, two minutes from the Puerta del Sol, the Marlasca is located in "hostal central." But what makes the Marlasca different is the professional service—there's always somebody at the reception desk...... read review
$41
Hostal San Lorenzo Pension
Clavel, 8, Along the Gran Via
EuroCheapo Review: Hotel San Lorenzo, perched just off Gran Via, impresses to the nines with its modern style and bargain rates.... read review
$42
Hostal Santillan Pension
Gran Vía, 64, 8 Derecha, Along the Gran Via
EuroCheapo Review: There are dozens of family photos from across the decades lining the lobby's halls and walls. It will certainly make you feel right at home!... read review
$53
Espoz y Mina, 7, 4 Izquierda, Puerta del Sol
EuroCheapo Review: 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.... read review
$55
Ventura de la Vega, 17, Huertas & Santa Ana
EuroCheapo Review: Located between Puerta de Sol and El Museo Prado, the Lisboa is certainly clean and comfortable, thanks to the friendly proprietor.... read review
$57
Hostal Gonzalo Pension
Cervantes, 34 - 3º, Near Atocha Train Station & Prado Museum
EuroCheapo Review: Gonzalo won't disappoint for location or facilities. Its low rates never fluctuate, even during high season.... read review
$58
Hostal Riesco Pension
Correo 2, 3º, Puerta del Sol
EuroCheapo Review: Super cheap and located directly on Puerta del Sol, the Riesco provides a nice, air-conditioned stay near the heart of Madrid.... read review
$58
Plaza de Sta. Cruz , 6 - 3º, Puerta del Sol
EuroCheapo Review: 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.... read review
$59
De la Cruz, 26 4º piso, Huertas & Santa Ana
EuroCheapo Review: 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.... read review
$69
Cava de San Miguel, 8 , Huertas & Santa Ana
EuroCheapo Review: This cozy, tastefully decorated two-star is the perfect place for those who don't want to travel very far from their room to be near the action.... read review
$73
Hostal La Zona Other
Valverde, 7, 1º, Chueca
EuroCheapo Review: 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.... read review
$74
Echegaray, 1, Huertas & Santa Ana
EuroCheapo Review: Casual Madrid del Teatro is known for its grandeur and Old World reputation— Old World, in this case, means you can forget about Internet access and cable TV.... read review
$84
Atocha, 2, La Latina-Lavapies
EuroCheapo Review: The Hotel Plaza Mayor is worth the few extra euros for its bonus services, accountability, and warm welcome.... read review
$95
Hostal Acapulco Pension
Salud, 13, 4th Floor, Puerta del Sol
EuroCheapo Review: It's all the little details, from the star-spangled shower curtains to the super friendly staff, that make any day at the Acapulco a sunshiny one.... read review
$57
Hostal Barrera Hostal
c/ Atocha 96, 2º,, Near Atocha Train Station & Prado Museum
EuroCheapo Review: The attractive two-star Hostal Barrera sits long Calle Atocha, within walking distance to the Museum Triangle and Atocha station.... read review
$72
