Cheap Hotels in Madrid, Spain

Discover cheap hotels in Madrid, Italy. These hotels offer a harmonious blend of luxurious amenities and convenient locations without breaking the bank.


Here’s what you need to know before you book a cheap hotel in Madrid.

Cheapest hotel price available

$24*

Most popular hotel

Hyatt Centric Gran Via Madrid

Number of hotels near the airport

10,805

Average length of stay

3 days

*Hotel prices are subject to change.

Check Out the Latest OneAir Hotel Deals in Madrid

Discover exclusive discounts of up to 60% off on your next stay with the latest OneAir hotel deals in Madrid.

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When is the Best Time to Book a Hotel in Madrid

Check out the information below to find the cheapest time to book the best cheap hotels in Madrid.

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Cheapest Month/s to Book

January

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Most Expensive Month/s to Book

October

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Frequently Asked Questions

Easily find and book budget-friendly hotel accommodations in Madrid, Italy with the OneAir app or website. OneAir uses artificial intelligence and provides options including cheap 5 star hotels in Madrid from top providers, enabling you to compare and book the best deals on cheap hotels that meet your needs.

The average hotel rate in Madrid is around $119 per night. However, prices of the best cheap hotels in Madrid vary significantly based on star rating, location, demand, and dates of your stay. It’s best to check current rates on OneAir before booking.

Madrid’s hotel prices in January drop by 43% on average, making it the most affordable time to book. Book on Tuesdays, the cheapest day of the week, for even better deals. In contrast, October is the priciest month, with Fridays averaging $244 per night.

When booking cheap 5-star hotels in Madrid, check hotel websites and third-party sites like OneAir for exclusive discounts before finalizing your reservation. Luxury hotels also offer lower rates during these off-seasons, so consider planning your stay during these months for the best deals.

Avoid areas like Lavapiés and Carabanchel, which are known for higher crime rates and less tourist-friendly environments. Additionally, the outskirts of the city, such as Villaverde, may lack convenient access to public transport and attractions, making them less desirable for tourists.

Madrid is relatively affordable compared to other major European capitals, with average daily expenses around $100 for budget travelers. However, costs can vary significantly depending on accommodation choices and dining preferences.

Tourists should consider staying in central neighborhoods like Malasaña or Chueca, where vibrant nightlife and cultural attractions are easily accessible. Areas such as Sol and Gran Vía also offer a range of hotels close to many major sights, with average nightly rates of around $120.

Madrid is generally safe for walking at night, especially in well-lit and populated areas like Gran Vía and Plaza Mayor. However, it’s advisable to remain vigilant and avoid poorly lit streets or less frequented neighborhoods after dark.

Yes, Madrid is a highly walkable city. Many attractions are within walking distance of each other, particularly in the city center. The layout of the streets and numerous pedestrian zones make exploring on foot enjoyable and convenient.

Overall, Madrid is slightly cheaper than Barcelona in terms of accommodation and dining, with average hotel prices in Madrid around $100 compared to Barcelona’s $115. However, prices can fluctuate based on the season and specific locations within each city.

How to find cheap hotels in Madrid

Looking for cheap hotels in Madrid? OneAir makes it easy to discover incredible hotel deals to destinations around the world. Follow these simple steps to start saving on your next trip.

 

  • Set your destination on the OneAir mobile or web app. Input your preferred destination, stay dates, number of rooms, and number of guests, and we’ll search for the cheapest hotels in Madrid. OneAir offers deals from over 2 million top-rated hotels, so you can find the most convenient and affordable options.
  • Exclusive Corporate Rates at Top Hotels Worldwide. Take advantage of our preferred corporate rates at top-rated hotels and luxury resorts. Compare prices across all room types and categories to secure the best deals. Enjoy exclusive savings you won’t find anywhere else!
  • Filter your search for specific needs. Looking for particular amenities? Use our advanced filters to find hotels with exactly what you want – from free breakfast, internet, and parking to airport shuttle, business center, swimming pool, and more.
  • Compare hotel options from multiple providers. Whether you’re looking for the lowest price, the best location, or the most amenities, we make it easy to choose based on your needs.
  • Book with confidence. Choose your ideal room, review the details, make a secure payment, and keep your confirmation handy for easy access.
  • Manage your booking easily. Access all your hotel reservations in the “My Trips” section, where you can view, modify, or cancel your bookings with just a few taps.

OneAir prices are all-inclusive – no hidden fees or extra costs. The price you see is exactly what you’ll pay. Our hotel price comparison tool scans all booking sites to find you the best deal. If we can’t offer the lowest price, we’ll show you where to find it, making hotel booking a breeze.