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Madrid offers a vibrant mix of cultural landmarks, historic sites, and lively neighborhoods. Budget accommodations often include hostels, guesthouses, and affordable hotels near central areas like Sol, Gran Via, and La Latina, providing easy access to sightseeing and local eateries.

Madrid

Conveniently set in the Usera district of Madrid, Hostel Space Capsule is located 3.1 km from Atocha Train Station, 3.3 km from Reina Sofia Museum and 3.4 km from Puerta de Toledo. Among the facilities at this property are a shared kitchen and a shared lounge, along with free WiFi throughout the property. Plaza Mayor is 4.7 km from the hostel and Thyssen-Bornemisza Museum is 4.7 km away.

Each room includes a shared bathroom with a shower, while selected rooms have a terrace and others also offer city views.

El Retiro Park is 4.3 km from the hostel, while Puerta del Sol is 4.4 km away. Adolfo Suarez Madrid-Barajas Airport is 16 km from the property.

Hostel Space Capsule

Set in a grand Madrid building, Safestay Madrid Central is located just 5 minutes’ walk from Fuencarral Market and the lively Chueca district. It has a cinema and free Wi-Fi throughout.

The modern rooms at Safestay Madrid Central feature individual lockers, and most rooms have a balcony. Bed linen is included, and towels can be rented from reception. There are rooms for guests with reduced mobility.

The guest house has a chill-out lounge with computers and a giant map of Madrid. Staff at the 24-hour reception can provide information about Madrid, and regular activities and excursions are offered.

The Safestay Madrid Central proposes different breakfast options are available in the dining room, as well as dinner. Snacks and drinks are available from the vending machines.

Other facilities in this hostel include a cinema room, a karaoke bar, a pub, and free walking tours.

There are 3 Metro Stops within 350 metres of Safestay Madrid Central, and regular city buses stop just outside. You can walk to Puerta del Sol and the Thyssen and Prado Museums in under 20 minutes.

Safestay Madrid Central

This hostel in Madrid is highly praised for its cleanliness, great location near metro stations, and friendly staff. Guests appreciate the comfortable beds, rooftop terrace with amazing views, and the overall value for money, making it an excellent affordable option for travelers.

Matilda

Liubov

Great terrace, really clean hostel in amazing area but watch your valuable stuff

Evgenii Antipin

Krzysztof

Ryan

Stanislav

Raman

Lorena

Ethan

Nima

Clean hostel located in the center with valuable price

Conveniently set in the Hortaleza district of Madrid, El Colmenar Habitaciones is located 2.8 km from IFEMA, 5.7 km from Chamartin Railway Station and 6.1 km from Santiago Bernabéu Stadium. Among the facilities at this property are full-day security and luggage storage space, along with free WiFi throughout the property. The guest house features family rooms.

At the guest house, all units are fitted with a wardrobe, a flat-screen TV, a private bathroom, bed linen and towels. At the guest house, all units are soundproof. The units are equipped with heating facilities.

Sightseeing tours are available near the property.

Thyssen-Bornemisza Museum is 10 km from the guest house, while Gran Via is 10 km away. Adolfo Suarez Madrid-Barajas Airport is 8 km from the property.

El Colmenar Habitaciones

This hotel is praised for its excellent location near the airport and metro stations, making it very convenient for travelers. Guests highlight the cleanliness, friendly and attentive hosts, and quiet neighborhood, with many recommending it for both leisure and business stays.

Nitza Margarita

Pleasant stay, perfect location.  Responsible and attentive host. Recommend it 100%

Katarina

Priceworthy accomodation situated between airport and Chamartín train station

Andy

Suzanne

Manish

Just stayed overnight to catch the early flight

Sanjay

Nikhil Narayan

Richard

Sara

Good for short trips, specially for those who will travel by plane.

Situated within 12 km of Plaza de España Metro Station and 12 km of Temple of Debod in Madrid, L Casa Cafe Madrid El plantio Calle segundo anca 11 madrid 28023 features accommodation with seating area. The property has garden and inner courtyard views, and is 12 km from Gran Via. Featuring a private entrance, the guest house allows guests to maintain their privacy.

All units in the guest house are fitted with a coffee machine. Free WiFi is accessible to all guests, while some rooms have a terrace. At the guest house, each unit has bed linen and towels.

Guests can relax in the garden at the property.

Gran Via Metro Station is 13 km from the guest house, while Royal Palace of Madrid is 13 km from the property. Adolfo Suarez Madrid-Barajas Airport is 26 km away.

L Casa Cafe Madrid El plantio Calle segundo anca 11 madrid 28023

This hotel offers great value for money with clean, spacious rooms and a quiet, convenient location near Madrid. Guests appreciate the friendly and helpful host, Ana, and the well-equipped shared kitchen, making it ideal for families and groups.

Sentot Amry

Fatih Uyvar

It was such a nice place to stay for our trip. Thanks to Ana, she is lovely person and make our trip better.

Michelle

It was a short stay, but just what we needed at a great price

Felix

Angela Patricia

Adriana

Judit

Luis

lugar muy cómodo y limpio la Sra Ana fue muy buena anfitriona

Pena

Hostal Falfes is located in Madrid’s Cuatro Caminos District, just 10 minutes’ walk from Paseo de la Castellana and Real Madrid’s Santiago Bernabéu Stadium. It offers modern rooms with free Wi-Fi.

The rooms at the Falfes feature smart décor with wooden floors. Each one comes with a flat-screen TV, and bathrooms are either private or shared.

The guest house has a 24-hour reception, where staff can provide information about what Madrid has to offer.

Located just 100 metres away, Estrecho Metro Station connects you with Puerta del Sol and the rest of central Madrid in just 15 minutes. Hostal Falfes offers private parking on site.

Hostal Falfes

This hotel in Madrid offers excellent value for money with clean, comfortable rooms and friendly staff. It is conveniently located near the Estrecho metro station, providing easy access to the city center and major attractions.

Victor

Nice budget room with a big comfy bed and strong air-conditioning

Tonya

Mariusz

Zuzanna Smolicz 

It's 10 minutes walking from Moby Dick - if you like concerts, I recommend staying in this hostal!

Affordable hotels in Madrid for 3 under 600 EUR (Oct 2025)