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Check prices for these dates

Tonight
6 Nov - 7 Nov
Tomorrow
7 Nov - 8 Nov
This weekend
6 Nov - 8 Nov
Next weekend
13 Nov - 15 Nov

Our top choices for Malasaña cheap hotels

A spiral staircase with black railings and a geometric stained glass window at the top.

1. Adventure Hostel Madrid Gran vía

Adventure Hostel Madrid Gran vía
3.0 star property
Madrid Centro
8.0 out of 10, Very good, (146 reviews)
"Excellent place to stay"
United States
Jose Luis
The price is ₹5,163
₹5,680 total
includes taxes & fees
9 Nov - 10 Nov
Adventure Hostel Madrid Gran vía
A hotel room with a large bed, two bedside tables, a wooden headboard, and a view of the outside through a glass door.

2. Hostal CC Malasaña

Hostal CC Malasaña
2.5 star property
Madrid Centro
8.4 out of 10, Very good, (239 reviews)
"Great place, great pricing"
United States
Iftakar
The price is ₹8,101
₹8,912 total
includes taxes & fees
2 Dec - 3 Dec
Hostal CC Malasaña
A modern hotel room with a large bed, a small desk, a wall-mounted TV, and a decorative wall with a patterned design.

3. Hostal Adis

Hostal Adis
3.0 star property
Madrid Centro
8.8 out of 10, Excellent, (70 reviews)
"The rooms were clean and the staff was great and very helpful. The room wasn't fancy, but the beds were comfortable. There is a small refrigerator and there is a nice supermarket right up the street. The location was very good for most of the sites in Madrid. It's close to two Metro stations and the Metro was very useful and easy to use. We used it to come in from the airport with directions Adis gave to us. The only concern is the noise from the nightlife down on the street, but there's nothing...
United States
Steve
The price is ₹11,086
₹12,195 total
includes taxes & fees
2 Dec - 3 Dec
Hostal Adis
A grand hallway with ornate wooden doors and a chandelier.

4. Hostal Sil & Serranos

Hostal Sil & Serranos
2.0 star property
Madrid Centro
8.8 out of 10, Excellent, (454 reviews)
"Good location, traditional hotel and safe area."
United States
Alimari
The price is ₹11,572
₹12,729 total
includes taxes & fees
18 Nov - 19 Nov
Hostal Sil & Serranos
A hotel room with two beds, a wooden headboard, a small bedside table with a plant, and a chair.

5. Hostal Condestable

Hostal Condestable
2.0 star property
Madrid Centro
7.6 out of 10, Good, (452 reviews)
"I liked the property because it was close to the downtown and historic buildings."
Canada
Khalil
The price is ₹5,836
₹6,420 total
includes taxes & fees
3 Dec - 4 Dec
Hostal Condestable
A balcony with a metal railing, a tiled floor, and a view of a street with buildings and a parked scooter.

6. Hostal MYD Los Perales

Hostal MYD Los Perales
1.0 star property
Madrid Centro
5.6 out of 10, (157 reviews)
"The only good thing is the location. They don't maintain that place at all. Expedia should filter better what it offers."
United States
Juan
The price is ₹5,246
₹5,771 total
includes taxes & fees
15 Nov - 16 Nov
Hostal MYD Los Perales
A multi-story building with balconies, white window shutters, and a sign for a cocktail and snack bar.

7. Hostal Tokio

Hostal Tokio
1.0 star property
Madrid Centro
8.0 out of 10, Very good, (330 reviews)
"The location is very convenient "
United Kingdom
Lok Chee
The price is ₹7,204
₹7,925 total
includes taxes & fees
29 Nov - 30 Nov
Hostal Tokio
A building with a large wooden double door, a sign reading "Asegurada de Incendios", and storefronts for "Jones" and "Tiffosi".

8. CH Rayuela

CH Rayuela
2.0 star property
Madrid Centro
8.2 out of 10, Very good, (161 reviews)
"Rooms are small but have everything you need. Super clean, amazing staff and very centric"
United States
Amarilys
The price is ₹10,219
₹11,241 total
includes taxes & fees
8 Nov - 9 Nov
CH Rayuela
A hotel room with two beds, a bedside table, a nightstand, and a window with curtains.

9. Le Petit Palu Fuencarral

Le Petit Palu Fuencarral
3.0 star property
Madrid Centro
8.2 out of 10, Very good, (664 reviews)
"Great stay"
United States
Gina
The price is ₹13,983
₹15,382 total
includes taxes & fees
10 Nov - 11 Nov
Le Petit Palu Fuencarral
A multi-story building with a mix of residential and commercial spaces, featuring balconies and storefronts.

10. Hostal Abril

Hostal Abril
2.0 star property
Madrid Centro
8.4 out of 10, Very good, (140 reviews)
"Great location, clean room, helpful and friendly staff"
United States
Arjan
The price is ₹9,482
₹10,430 total
includes taxes & fees
29 Nov - 30 Nov
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.
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Compare popular hotels in Malasaña

Property
Property class
Guest rating
Breakfast included
Pool
Spa
Pet-friendly
WiFi included
A rooftop terrace with a pool, orange lounge chairs, and a city view.
Akeah Hotel Gran Via
3.0 star property
9.0
Wonderful
742 reviews
View
A rooftop terrace with a dining table and chairs, surrounded by planters with greenery, overlooking a cityscape with buildings.
B&B Hotel Madrid Centro F46 Apartamentos
3.5 star property
9.2
Wonderful
173 reviews
View
A modern hotel room with a large bed, a sofa, a coffee table, and a mirror.
Tribu Malasaña
4.0 star property
9.6
Exceptional
455 reviews
View
A hotel room with a bed, a chair, a nightstand, and a wall with a tree pattern.
New Dream Madrid
2.0 star property
7.8
Good
89 reviews
View
A modern bedroom with a sofa bed, a flat-screen TV mounted on the wall, and a radiator.
Roisa Centro
3.0 star property
9.0
Wonderful
79 reviews
View

Top Malasaña Hotel Reviews

A modern living room with a sofa, a coffee table, and a bookshelf.
Hotel Regina

Hotel Regina

Hotel Regina
Madrid Centro

10/10 Excellent

Excellent experience, we will definitely stay here again if we’re back in Madrid. You could tell that the management pays significant attention to detail - from the Dyson hairdryer to the local lavender candy. The breakfast was a good spread too, highly recommend!
United Kingdom
Charmaine
Reviewed October 31, 2026
Hotel Regina

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

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 Cuartel del Conde-Duque.

What's the best budget-friendly hotel in Malasaña?

Based on our traveller reviews, Le Petit Palu Fuencarral is a top choice for a less expensive stay. Other options to stay on the cheap include Adventure Hostel Madrid Gran vía 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 27 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 Puerta del Sol, and choose other low-cost activities to fill your itinerary. Explore and snap photos of landmarks like Cuartel del Conde-Duque and Convent of las Comendadoras de Santiago, 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.

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