Madrid Budget Hotels from RM271 only

Madrid has a variety of cheap accommodation options and places to visit, making it a great holiday choice for budget-conscious travellers. In addition to its well-known attractions such as Gran Via and Santiago Bernabéu Stadium, this destination is home to Sabatini Gardens and Royal Botanical Garden, which you can enjoy while spending very little.

Based on reviews, Hotel Riu Plaza España is a popular hotel for our travellers who want a more economical choice, and features free WiFi and 2 bars/lounges. Other good options to stay on the cheap include Zleep Hotel Madrid Airport and easyHotel Madrid Centro Atocha.

Choose a hotel that suits your wallet from Expedia’s 311 budget hotels in Madrid.

Weather will likely play an important role when you plan your trip to Madrid, but bear in mind that cheaper options are usually available when the weather isn’t as good. The hottest months are usually July and August, with an average temperature of 25°C, while the coldest months are January and February, with an average of 7°C. Average annual precipitation for Madrid is 420 mm.

Madrid attracts visitors with its top museums and theatre scene, 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 Santiago Bernabéu Stadium, and choose other low-cost activities to fill your itinerary. Head to Preciados Street and San Miguel Market for some bargain shopping, or hunt for deals at El Rastro.

Scoping out the transportation options in Madrid is a smart way to keep your trip affordable. The nearest airport is Madrid (MAD-Adolfo Suárez Madrid-Barajas), situated 7.9 mi (12.8 km) away. You can walk to nearby metro stations including Sol Station, Gran Via Station and Callao Station.