My Favorite Cheap Hotels in Madrid

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The Best Budget Hotels in Madrid

1. Mola Hostel – Budget

Quirky hostel situated a 3-minute walk (300m) from Puerta del Sol, a 7-minute walk (550m) from San Miguel Market, and inside a brief stroll of many dining establishments, shops, and theaters. The property provides modern dormitory-style spaces with communal washrooms and private rooms with ensuite washrooms. Also daily buffet breakfast (for a fee), a roomy lounge area, organized tours and activities, and 24-hour reception.

2. Hostal Triana – Budget

A hotel requiring no frills situated amid an assortment of eateries and shops, situated a 3-minute walk (300m) to the Puerta del Sol and a 9-minute walk (800m) to the Círculo de Bellas Artes. All rooms have private bathrooms, some rooms have air conditioning and balconies, and the property has a 24-hour front desk and several sitting areas.

3. Hostal Adriano – Budget

Good affordable hotel located within a 3-minute walk (270m) of the Puerta del Sol, within a 6-minute walk (450m) of Plaza Mayor, and inside blocks of a range of restaurants and shops. All rooms have private bathrooms, safes, and refrigerators. The front desk is manned around the clock.

4. Urban Sea Hotel Atocha 113 – Budget

A cost-effective and modern boutique hotel featuring a rooftop terrace, business center, complimentary tea and coffee in the lobby area, and efficient guest rooms decorated with minimalist white details. Nestled amid numerous eateries, the property is situated an 8-minute walk (650m) from Puerta de Atocha Station, a 4-minute walk (300m) from Real Jardín Botánico, and an 8-minute walk (600m) from the Museo Nacional del Prado.

5. Hostal Madrid – Budget

One of the most convenient and cost-effective methods to explore Crete and to travel between the major towns, villages, and beaches is through the island’s excellent public bus network. The coach-style buses are comfortable, air conditioned, and usually on schedule. Heraklio,Rethymno, and Chania serve as hubs for the eastern, central, and western areas respectively, of the island.

6. Hostal Central Palace – Moderate

Located just a short walk from the Royal Palace of Madrid ( 2 minutes away on foot, 200 meters) and Teatro Real ( 2 minutes away on foot, 140 meters), this centrally placed hotel is within a brief stroll of many restaurants and the Opera subway station ( 3 minutes away on foot, 230 meters). Offering fair value, its features incorporate a front desk servicing guests 24 hours a day and breakfast for a fee, plus each room has contemporary, private bathrooms, wooden floors and vintage furnishings.

7. Muralto Princesa – Moderate

Contemporary apartments with small kitchen areas, air conditioning, and several bedding choices that can accommodate up to five guests. In addition to a fee-based breakfast, the property offers on-site parking (with an additional cost) and 24-hour front desk assistance, and is located four blocks from West Park ( 4-minute walk, 350m) and 800m to the Temple of Debod ( 10-minute walk) and Plaza de Espana ( 9-minute walk).

8. Room Mate Alicia – Moderate

Stylish hotel situated near various theaters, eateries, and boutiques, and a 9-minute stroll (800m) from the Museo Nacional del Prado. All rooms showcase vibrant designer décor, private bathing facilities, minibars, and work desks; some rooms have balconies. Hotel amenities include a breakfast buffet (fee applies).

9. 60 Balconies Art – Moderate

Modern apartments with full kitchens, private balconies, and eclectic artwork, located a brief 3-minute walk (220m) from the Museo Nacional Centro de Arte Reina Sofía, an approximate 8-minute walk (500m) from Retiro Park, and a roughly 5-minute walk (350m) from Puerta de Atocha Station. Housing choices range from studio flats to three-bedroom apartments, and all units provide access to laundry services.

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Welcome to my travel website! I’m Mary Howard, an American who has been exploring the world full-time for 8 years.

Together with my husband, Intan, we often find ourselves in our second home, Bali, but our adventures take us to exciting destinations all over the globe.

Join us on our journey!

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