Can you book a 5-star budget hotels in Madrid?

If you're looking to make your Madrid stay extra special then consider staying at one of the top-rated hotels. The highest-rated budget hotels are Eurostars Suites Mirasierra ($257/night), Hotel Fenix Gran Meliá - The Leading Hotels of the World ($721/night) and Hyatt Centric Gran Via Madrid ($442/night).

How many budget hotels are there in total in Madrid?

There are 2,612 Madrid budget hotels available out of a total 11,554 hotels that you can book on HotelsCombined.

Which are the most popular Madrid budget hotels?

HotelsCombined's users' favourite budget hotels in Madrid are: Axel Hotel Madrid - Adults Only , Melia Barajas and Hotel Opera . With a rating of 9.2/10, Hotel Opera is the highest-rated hotel.

Budget Hotels in Madrid: Find Hotels from $59

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?

July is the cheapest month to book a budget hotel in Madrid, with average nightly rates around $352. Prices are highest in May, when rates rise to about $1,029 per night.

What day of the week has the lowest rates for Madrid budget hotels?

Budget hotels in Madrid are most affordable on Mondays, with average nightly rates around $541. Fridays are usually the most expensive, averaging $1,172 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 $158, rising to an average cost of $659, based on searches in the last 72 hours. Prices start from $217 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 $195/night. If you’re specifically looking for a 3-star hotel this weekend, our users have found prices as low as $195/night. For a 4-star budget hotel in Madrid, the cheapest rate recently found was $246/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 4 days before your stay.

Find deals

Other accommodations in Madrid, Spain

Show all 11,554 stays

Intelier Palacio San Martin

Plaza San Martin, 5, Madrid, Spain

0.5 km from city centre

Free Wi-Fi

$277

Avg. per night

View Deal

Leonardo Boutique Hotel Madrid

Calle Vallehermoso, 65, Madrid, Spain

2.4 km from city centre

Free Wi-Fi

$237

Avg. per night

View Deal

Senator Barajas

Galeon 27, Madrid, Spain

11.3 km from city centre

Free Wi-Fi

$155

Avg. per night

View Deal

Tgh Gran Vía Apartments

Madrid, Spain

0.7 km from city centre

Air conditioning

$300

Avg. per night

View Deal

Apartamentos Juan Bravo

Madrid, Spain

3.1 km from city centre

Air conditioning

$234

Avg. per night

View Deal

Smartrental Collection Centric II

Gran Via 48, Madrid, Spain

0.7 km from city centre

Free Wi-Fi

$584

Avg. per night

View Deal

Toc Hostel Madrid

Plaza Celenque 3-5, Madrid, Spain

0.3 km from city centre

Free Wi-Fi

Airport shuttle

$196

Avg. per night

View Deal

Far Home Atocha

Calle Atocha, 45, Madrid, Spain

0.3 km from city centre

Free Wi-Fi

Airport shuttle

$126

Avg. per night

View Deal

Hostal Ballesta

Calle Ballesta 5, Madrid, Spain

0.6 km from city centre

Free Wi-Fi

$224

Avg. per night

View Deal

Explore Madrid

Navigate to the areas in Madrid you plan to visit to find hotels that are close by. More information on a given hotel can be accessed by clicking the hotel's name within the map.

Madrid Budget hotels - FAQs

Can you book a 5-star budget hotels in Madrid?
If you're looking to make your Madrid stay extra special then consider staying at one of the top-rated hotels. The highest-rated budget hotels are Eurostars Suites Mirasierra ($257/night), Hotel Fenix Gran Meliá - The Leading Hotels of the World ($721/night) and Hyatt Centric Gran Via Madrid ($442/night).
How many budget hotels are there in total in Madrid?
There are 2,612 Madrid budget hotels available out of a total 11,554 hotels that you can book on HotelsCombined.
Which are the most popular Madrid budget hotels?
HotelsCombined's users' favourite budget hotels in Madrid are: Axel Hotel Madrid - Adults Only, Melia Barajas and Hotel Opera. With a rating of 9.2/10, Hotel Opera is the highest-rated hotel.

Find better results for your stay in Madrid, Spain

Consider these popular 3-star hotels in Madrid

Consider these popular 4-star hotels in Madrid

Explore these cities in Madrid

Visit Top Destinations

Search cheap hotels with HotelsCombined. Use the hotel finder to search for the cheapest hotel deal for all major destinations around the world. HotelsCombined searches hundreds of hotel booking sites to help you find hotels and book hotels that suit you best. Since HotelsCombined searches many hotel sites at once, you can find discount hotels quickly. Discover hotel discounts now and make your hotel reservation today.

Find Cheap Budget hotels in Madrid

Search, compare, and save on Madrid, Spain Budget hotels from hundreds of travel sites on HotelsCombined.

Refine Your Search

Star ratings

Guest Ratings

Amenities

Style

Freebies

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 2,612 hotels in Madrid, Spain and price data was last updated on 15 September 2025. The average price for a hotel in Madrid, Spain is $390/night.

These are some of the hotels in Madrid with the highest demand. Change the dates at the top of the page to see more options in Madrid.

Filter by star ratings

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?

July is the cheapest month to book a budget hotel in Madrid, with average nightly rates around $352. Prices are highest in May, when rates rise to about $1,029 per night.

What day of the week has the lowest rates for Madrid budget hotels?

Budget hotels in Madrid are most affordable on Mondays, with average nightly rates around $541. Fridays are usually the most expensive, averaging $1,172 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 $158, rising to an average cost of $659, based on searches in the last 72 hours. Prices start from $217 for a 4-star budget hotel in Madrid for tonight.

How much is a Madrid budget hotel room 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 4 days before your stay.

Other accommodations 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 15 September 2025.

Explore Madrid

Explore different neighbourhoods and areas within Madrid, Spain to find the perfect location for your stay. Map data was last updated on 15 September 2025.

Navigate to the areas in Madrid you plan to visit to find hotels that are close by. More information on a given hotel can be accessed by clicking the hotel's name within the map.

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 15 September 2025.

Can you book a 5-star budget hotels in Madrid?

How many budget hotels are there in total in Madrid?

Which are the most popular Madrid budget hotels?

Find better results for your stay in Madrid, Spain

Consider these popular 3-star hotels in Madrid

Stay at one of these Madrid 3-star hotels that users have found on HotelsCombined.