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 be explored on a cheapo budget....
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 be explored on a cheapo budget.
Case in point: The abundance of high-quality budget hotels across the city. So brush up on your Spanish and start planning your trip!
More tips for Madrid:
• 5 Budget tips for visiting Madrid
• 8 Ways to save on drinking and eating in Madrid
• How to save time and money at the Prado Museum
The top budget hotels in Madrid
We’ve searched through our listings to find our favorite budget hotels in Madrid based on comfort, amenities, and the overall atmosphere.
Before you book, you can read up on how to save at Marid hotels.
The view from a balcony at Hostal Gonzalo.
Hostal Gonzalo
Neighborhood: Near Atocha Train Station & Prado Museum
Doubles from $80
If you want a room at the charming, family-run Hostal Gonzalo, you’d better book now! The hotel’s low rates coupled with its location near the Museum Triangle and the Atocha Train Station means it’s often fully booked. Amenities include air conditioning and free Wi-Fi. And down the quaint street, you’ll find fruit bodegas, bookshops, and neighborhood taverns. Read the full review
A charming reception greets you at Hostal Marlasca. Photo: Booking.com
Marlasca
Neighborhood: Huertas & Santa Ana
Doubles from $84
Tucked away on a quiet side street in central Madrid, Marlasca is cozy and homey. The hotel has been upgraded to sport modern, minimalist-style rooms, but that doesn’t mean it skimps on amenities. You can find flat-screen TVs, air conditioning, and free Wi-Fi. As an added bonus, exterior rooms open up to balconies. Read the full review
We highly recommend the airy corner rooms at Hotel Plaza Mayor.
Hotel Plaza Mayor
Neighborhood: La Latina-Lavapies
Doubles from $93
You’ll be warmly welcomed at the Hotel Plaza Mayor, which is situated near — you guessed it — Plaza Mayor. You can save money in the regular rooms, and still get plenty of wonderful amenities, but we suggest the superior corner rooms, which boast floor-to-ceiling windows with views of the plaza. Read the full review
Peek out the window at Hostal La Macarena for this classic city scene.
Hostal La Macarena
Neighborhood: Huertas & Santa Ana
Doubles from $97
Right across from Plaza Mayor is the Hostal La Macarena, a cozy hotel in the heart of Madrid. Nearby, you’ll find plenty of traditional restaurants and tapas bars. Plus, most rooms are complete with wrought-iron balconies, so you can peer out onto the beautiful streets below — perfect for people-watching. Read the full review
Hostal Benamar offers an excellent location at an excellent price.
Hostal Benamar
Neighborhood: Chueca
Doubles from $107
At Hostal Benamar, you’ll find clean and comfortable rooms, complete with flat-screen TVs, air conditioning, and free Wi-Fi. Rooms also come with a view, of either the quiet street below or Hostal Benamar’s courtyard. It’s a great place to stay if you want to get a taste of the vibrant Chueca neighborhood from restaurants to nightlife. Read the full review
More recommendations in Madrid on where to stay:
• Full hotel guide to Madrid
• Madrid hotels under $100
• Best value hotels in Madrid
The post The top budget hotels in Madrid for 2024 appeared first on EuroCheapo's Budget Travel Blog.