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Check availability on Malasaña Cheap Hotels

Our top choices for Malasaña cheap hotels

B&B Hotel Madrid Centro F52

2.5 star property
Madrid Centro
9.4 out of 10, Exceptional, (531)
"Staff were very friendly and helpful. This location is close to all downtown areas."
United States
Afshin
The price is ₹11,402
₹12,543 total
includes taxes & fees
23 Dec - 24 Dec
B&B Hotel Madrid Centro F52

Adventure Hostel Madrid Gran vía

3.0 star property
Madrid Centro
8.4 out of 10, Very good, (109)
"Great breakfast"
United Kingdom
Roy
Adventure Hostel Madrid Gran vía

Habitaciones Manuela

3.0 star property
Madrid Centro
10.0 out of 10, Exceptional, (1)
"Muy amable las personas de servicio "
Spain
??
The price is ₹2,613
₹7,316 total
includes taxes & fees
21 Dec - 22 Dec
Habitaciones Manuela

Akeah Hotel Gran Via

3.0 star property
Madrid Centro
9.0 out of 10, Wonderful, (572)
"Excellent hotel, would recommend."
United Kingdom
Alison
The price is ₹10,415
₹11,457 total
includes taxes & fees
14 Dec - 15 Dec
Akeah Hotel Gran Via

Rooms Barco

3.0 star property
Madrid Centro
The price is ₹3,670
₹8,389 total
includes taxes & fees
18 Dec - 19 Dec
Rooms Barco

Hostal Tokio

1.0 star property
Madrid Centro
8.0 out of 10, Very good, (310)
"Cheap, welcoming and perfectly clean."
United Kingdom
Mark
Hostal Tokio

ibis Styles Madrid Maravillas

2.0 star property
Madrid Centro
9.2 out of 10, Wonderful, (74)
"Really nice staff, decent, simple hotel for the price, really great location. "
Canada
Kaleb
The price is ₹9,695
₹10,665 total
includes taxes & fees
7 Jan - 8 Jan 2026
ibis Styles Madrid Maravillas

Woohoo Rooms Fuencarral

2.0 star property
Madrid Centro
9.4 out of 10, Exceptional, (77)
"This is a floor divided into rooms, not all rooms have Street facing windows as the photos (ours didn’t). It was clean and staff very friendly. Okay for couple of nights, very close to Gran Vía "
United States
Ana
Woohoo Rooms Fuencarral

New Dream Madrid

2.0 star property
Madrid Centro
7.8 out of 10, Good, (49)
"Nice clean space staff friendly and caring"
United States
Eugenia
The price is ₹5,127
₹5,639 total
includes taxes & fees
6 Jan - 7 Jan 2026
New Dream Madrid

Hostal Abril

2.0 star property
Madrid Centro
8.4 out of 10, Very good, (120)
"Very good option, excellent location, spotless cleaning and good service. "
United States
FELIPE ALEJANDRO
Hostal Abril
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.

Find out more about Malasaña

Discover cheap things to do in Malasaña

In the vibrant Malasaña neighbourhood of Madrid, budget-conscious travellers will find a wealth of activities and experiences that won't break the bank. Start your day with a visit to Plaza Dos de Mayo, a lively square perfect for people-watching and enjoying the local atmosphere. Nearby, the Mercado de San Ildefonso offers a delicious selection of affordable tapas from various vendors, where you can sample everything from patatas bravas to gourmet churros. For art enthusiasts, the street art scene here is nothing short of spectacular; wander the streets to discover colourful murals and hidden gems that reflect the neighbourhood's creative spirit. If you're travelling with children, the Parque de la Cuña Verde offers a spacious park with playgrounds and picnic areas, providing a perfect spot for a low-cost family outing. After a day of exploration, you can unwind in one of the many cheap hotels that offer a unique blend of comfort and style, often featuring modern amenities and local touches. Many accommodations in Malasaña are housed in renovated buildings, giving you a taste of authentic Madrid while ensuring attentive service to meet your high expectations. With so many affordable options, you can enjoy the best of Malasaña without overspending, leaving you with more to spend on experiences.

Find the best cheap hotels in Malasaña

For budget-conscious travellers seeking a great stay in the vibrant neighbourhood of Malasaña, Madrid, these hotels provide excellent value without compromising on comfort and convenience.

Leonardo Hotel Madrid City Center

  • Why it's great for a budget-friendly vacation: The Leonardo Hotel Madrid City Center is an ideal choice for budget travellers looking to explore Malasaña without breaking the bank. With an excellent guest review rating of 8.8, this hotel offers essential amenities like complimentary WiFi and toiletries, ensuring a comfortable and straightforward stay. Guests can also enjoy the lovely terrace, perfect for relaxing after a day of sightseeing.
  • Other amenities: The hotel features convenient self-parking, a daily housekeeping service, and a concierge to assist with local recommendations. Families will appreciate the child-friendly window design and the availability of cribs, making it suitable for those travelling with younger guests. Additionally, guests can take advantage of nearby golf locations, a vibrant shopping district on-site, and the advantage of connecting rooms for groups or families.
  • Neighborhood: Malasaña
  • Nearby attractions: Gran Via - 1.4 km, Plaza de España - Princesa - 0.9 km, Royal Palace of Madrid - 2 km

Top Malasaña Hotel Reviews

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Frequently asked questions

What is Malasaña like for travellers on a budget?
Malasaña offers a variety of cheap accommodation options and things to do, making it a great getaway spot for budget travellers. You can find ways to save money while getting to know this destination, which is home to attractions such as Gran Via, Manuela Malasaña and San Placido Monastery.
What's the best budget-friendly hotel in Malasaña?
Based on our traveller reviews, Adventure Hostel Madrid Gran vía is a top choice for a less expensive stay. Other options to stay on the cheap include THC Gran Via Hostel and Hostal Condestable.
How many low-cost hotels will I be able to find in Malasaña?
Choose a hotel that suits your wallet from Expedia's 22 budget hotels in Malasaña.
What is there to see and do in Malasaña?
Malasaña draws tourists with its major shopping area and cafes, and offers plenty to see and do without spending a fortune. You can budget for the popular local attractions that are highest on your list, such as Gran Via and Bernabéu Stadium, and choose other low-cost activities to fill your itinerary. Explore and snap photos of landmarks like Convent of las Comendadoras de Santiago and Cuartel del Conde-Duque, or hunt for bargains with some shopping at Calle de la Princesa.
How can I get to Malasaña and get around on a budget?
Scoping out the transportation options in Malasaña is a smart way to keep your trip affordable. The nearest airport is Madrid (MAD-Adolfo Suárez Madrid-Barajas), 7.8 mi (12.6 km) away. You can access metro transport at Noviciado Station, San Bernardo Station and Plaza de Espana Station.