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Top Madrid Cheap Hotels

Usaquen Station Hostel

1.5 star property
10.0 out of 10, Exceptional, (6)
"Great!"
Usaquen Station Hostel

Soy Local Parque La 93

3.0 star property
8.0 out of 10, Very good, (64)
"nice property within walking distance of the park, bars and restaurants, amazing beer bar next day as well."
Soy Local Parque La 93

Socialtel Parque 93 Bogota

3.0 star property
8.6 out of 10, Excellent, (143)
"Very clean room, safe and quiet hotel, nice staff and nice restaurant."
The price is ₹4,437
₹4,937 total
4 Jul - 5 Jul
Socialtel Parque 93 Bogota

Lancaster House

4.0 star property
8.4 out of 10, Very good, (1003)
"The location is excellent, the staff is very friendly and the buffet breakfast was the best!!"
The price is ₹4,496
₹4,496 total
3 Jul - 4 Jul
Lancaster House

Urbana Hostel

2.0 star property
9.0 out of 10, Wonderful, (12)
"The hostel is excellent, with a friendly and helpful staff. The location is perfect - in the heart of Zona Rosa, close to Zona T, where you'll find great restaurants, bars, and clubs. It's also within walking distance of Andino and Atlantis malls, plus a 24/7 OXXO nearby. The bathrooms and showers are high quality, the atmosphere is great, and it's easy to meet new people. A fantastic experience in Bogotá!"
The price is ₹2,869
₹2,869 total
9 Jul - 10 Jul
Urbana Hostel

Portelli Hostal Zona G

1.0 star property
The price is ₹1,295
₹2,255 total
30 Jun - 1 Jul
Portelli Hostal Zona G

Marietta - House of Social Travellers

2.0 star property
9.8 out of 10, Exceptional, (7)
"Im glad to re discover that used to be Fulano Hostel"
Marietta - House of Social Travellers
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.

Frequently asked questions

What is Madrid like for travellers on a budget?
Discover cheap places to stay in Madrid on Expedia.com and book a getaway that sticks within your budget. You can browse a wide selection of hotels and other types of accommodation with Member Prices to score great deals and earn rewards. Guided by our site's handy page filters, you can limit results by price per night, or by favourite amenities like free parking and free WiFi. If you want to see affordable options close to certain local attractions, the location filters will narrow down your search. While you browse, click the heart button to save your favourites so that it's easy to find them when you're ready to book. Need a flight or a rental car along with your hotel? Take a look at the Bundle and Save travel packages and discover huge discounts by reserving transport at the same time.
What's the best budget-friendly hotel in Madrid?
Based on our traveller reviews, Subachoque Hostal is a top choice for a less expensive stay.
When is the best time for a budget trip to Madrid?
Weather is probably a major factor when you plan your trip to Madrid, but bear in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually September and August, with an average temperature of 15°C, while the coldest months are December and January, with an average of 15°C. The rainiest months in Madrid are November, March, April and October, with each month seeing an average of 309 mm of rainfall.
What is there to see and do in Madrid?
You don't need to spend big to get to know Madrid. You can budget for the local attractions that interest you most, and then fill your itinerary with sights that are easy on the wallet. If you're eager to get outdoors, you can enjoy the natural setting at Tequendama Falls, Bogotá Botanical Garden or Simon Bolivar Park.
How can I get to Madrid and get around on a budget?
Looking at these ways to get around Madrid is a smart way to keep your trip affordable. The most convenient airport is Bogotá (BOG-El Dorado Intl.), situated 8.7 mi (14 km) away. Madrid might not have very many public transport choices so a rental car could be a reasonable alternative to explore more of the area.