Cheapest hostels in Madrid

Located in Madrid, this hostel is situated 1.8 kilometres from Chamartin Station and 3.9 kilometres from Santiago Bernabéu Stadium.
This hostel offers a budget-friendly stay with air-conditioned rooms, a fitness centre, and on-site parking, perfect for university students and academic staff.

Centrally located between Madrid's Chueca and Malasaña districts, this B&B is a short walk from Fuencarral Market, Gran Via and Chueca Metro Stations, placing you 298 metres from Gran Via and Chueca Metro Stations and under a 10-minute walk to Puerta del Sol.
This budget-friendly B&B offers air conditioning, free Wi-Fi, and a tour desk, with rooms featuring tiled floors and TVs, some with private bathrooms, making it an affordable choice for exploring Madrid.

Hostel. You will stay in Madrid.
Facilities and services include a meeting room, a bar and a kitchen. This accommodation also has a garden!

Centrally located in Madrid, this hostel is a mere 500 meters from Mercado San Miguel and within easy reach of Puerta del Sol and the Thyssen-Bornemisza Museum, offering a budget-friendly base for exploring the city.
Guests can enjoy complimentary WiFi, air-conditioned rooms, a shared kitchen, an on-site bar, and organised tours, making it an affordable and convenient choice for travellers.

Centrally located in Madrid, this hostel is a short walk from Puerta del Sol, Plaza Mayor, the Golden Triangle of Art museums, and El Rastro flea market.
Offering a social atmosphere and a communal kitchen, this budget-friendly hostel provides complimentary coffee and churros each morning, with room configurations ranging from private doubles to dorms for up to 12 people.

Just 25 metres from the Puerta del Sol and Plaza Mayor, this B&B offers an unbeatable location in Madrid, within a 10-minute walk of the Prado Museum and 0.4 kilometres from the Royal Palace.
This budget-friendly B&B provides comfortable rooms with air conditioning, free Wi-Fi, and private bathrooms, alongside a garden and terrace for guests to enjoy.

Located in Madrid's historic district, this budget-friendly hostel offers unparalleled convenience for exploring renowned landmarks like the Royal Palace, just a short walk away.
This well-appointed double room, perfect for two guests, boasts air conditioning, underfloor heating, and soundproofing, ensuring a comfortable and affordable stay in the city centre.

Centrally located in Madrid, 2060 The Newton Hostel is a short walk from Plaza Mayor, Mercado San Miguel, and Puerta del Sol, offering an ideal base for exploring the city's historic heart.
This budget-friendly hostel provides air-conditioned rooms, free WiFi, a shared kitchen, and a terrace, with bike rental available for exploring the city.

Located in central Madrid, this hostel is just 400 metres from Plaza de España Metro Station, placing you 0.6 kilometres from Gran Via and a 17-minute walk from Plaza Mayor.
Offering air conditioning and complimentary WiFi, Agora Boutique Coliving Madrid provides a budget-friendly base with private parking available at an extra cost and rooms equipped with a microwave.

Located in Madrid's Sol district, Santa Sofia Suites is just a short walk from Plaza Mayor, Puerta del Sol, the Royal Palace, and Gran Vía, offering an ideal base for exploring the city's most iconic sights.
These 15m² Queen Suites provide a contemporary and elegant retreat with a double bed, private bathroom, complimentary Wi-Fi, and Smart TV, perfect for a budget-friendly and comfortable stay in the heart of Madrid.

Located in central Madrid, this hostel is just 100 meters from Puerta del Sol, offering a prime spot for urban getaways in a traditional building.
This budget-friendly hostel provides free Wi-Fi and air conditioning for up to four guests in its clean and functional rooms, perfect for a practical stay.

Located in Madrid's Tribunal district, Bastardo Hostel is conveniently situated just 600 metres from Gran Vía and a 30-minute walk from Museo del Prado and El Retiro Park.
This budget-friendly hostel offers stylish private and dormitory rooms with industrial décor, featuring a shared terrace with city views, an on-site restaurant Limbo serving grill-type meals, and a bar, making it an affordable choice for exploring the city.

Hostel. You will be based in Madrid.
Services and facilities include a wheelchair friendly access, a terrace and air conditioning.

Hostel listing. This accommodation is based in Madrid.

Centrally located in Madrid's Sol district, this women-only hostel is a mere 500 meters from Plaza Mayor and within a 1.1 kilometre walk of Gran Via, offering a budget-friendly base for exploring the city.
Guests can enjoy air-conditioned rooms with free WiFi, a shared lounge, and the option of vegetarian or halal breakfast, making it a comfortable and affordable choice for solo female travellers.

The Central House Madrid Lavapiés hostel is located in Madrid's Lavapiés district, just a 9-minute walk from Plaza Mayor and 10 minutes from Puerta del Sol.
This budget-friendly hostel offers air conditioning, free WiFi, and a terrace, making it an affordable and comfortable base for exploring the city's museums and transport hubs.

Scout Madrid Hostel is located 2 kilometres from Madrid's central districts and 1.9 kilometres from Retiro Park, offering a well-connected base for exploring the city.
This budget-friendly hostel provides free WiFi, a communal terrace, a shared kitchen for guest meal preparation, and a buffet breakfast, making it an affordable choice for travellers.

Situated in Madrid's Moratalaz district, Scout Madrid Hostel is conveniently located within a 5-minute drive of Retiro Park and Movistar Arena, and approximately 4.5 kilometres from the Prado Museum and 4.9 kilometres from Gran Via.
This budget-friendly hostel offers free Wi-Fi, a communal living room, a terrace with garden views, and a complimentary buffet breakfast, making it an excellent choice for affordable stays in the city.

Situated in Madrid, this hostel is just 500 meters from Atocha Train Station, placing you within easy reach of the Reina Sofía Museum, Retiro Park, and the Prado Museum, offering a budget-friendly base for exploring the city's cultural heart.
Guests can enjoy amenities such as air conditioning, free WiFi, and a restaurant serving diverse cuisines, with private bathrooms and the option of balconies available in select rooms.

Hostel listing with a good rating of 83% based on 581 reviews. Your accommodation will be located in Madrid.
Services and facilities: an access for persons with reduced mobility, an elevator and a concierge. Take advantage of the terrace in this accommodation!

Situated in Madrid's historic old town, this hostel is a mere 500 meters from Puerta del Sol and Plaza Mayor, with the Prado Museum, Royal Palace, and Reina Sofia Museum all within a 2 kilometre walk.
This budget-friendly hostel offers a 'poshostel' experience with design-focused interiors, private rooms and dorms for up to 10 people, air conditioning, and 24-hour reception for a comfortable and affordable stay.

Centrally located in Madrid's Sol district, this women-only hostel is just 100 metres from Puerta del Sol and 500 metres from Plaza Mayor, offering a budget-friendly base for exploring the city.
This affordable hostel provides air-conditioned individual beds with USB chargers, complimentary breakfast, and filtered water, ensuring a comfortable and convenient stay for female travellers.

Hostel listing. You will be in Madrid.
Facilities and services: a wheelchair friendly access, a room service and 24-hour entry.

Generator Madrid is a budget-friendly hostel located in the Chueca district, a minute's walk from Gran Via, 299 metres from the Royal Palace, and 775 metres from Plaza Mayor.
This affordable accommodation boasts a rooftop terrace with a bar and hot tubs, alongside industrial-chic shared areas and well-equipped dormitories, offering an excellent base for exploring Madrid.

Located in Madrid's upscale Salamanca district, this hostel is a 5-minute drive from the Bernabéu Stadium and Movistar Arena, offering budget-friendly accommodation.
Guests can enjoy complimentary Wi-Fi, a 24-hour business centre, and air-conditioned rooms with daily housekeeping, ensuring a comfortable and convenient stay.

Just 400 metres from Atocha Station, this Madrid hostel offers a prime location for exploring the city and is a budget-friendly choice for travellers.
This hostel provides functional, mixed-gender dorm rooms with air conditioning, Wi-Fi, and a shared kitchen, accommodating up to 16 guests for an affordable stay.

Centrally located in Madrid, this hostel is just 644 meters from Calle Princesa and approximately 1.3 kilometres from Puerta del Sol and Plaza Mayor.
Offering excellent value, this budget-friendly hostel provides complimentary Wi-Fi and air conditioning, with a 24-hour front desk to assist guests.

Just 100 meters from the Royal Palace, Petit Hostel Palacio Real in Madrid offers a prime location for exploring the city's historical heart.
This budget-friendly hostel provides essential amenities including Wi-Fi and on-site parking, making it a practical choice for affordable stays in Madrid.

Located in Madrid's historic Royal Palace district, this budget-friendly hostel offers direct access to the city's traditional heart.
This affordable 1-bedroom hostel accommodates two guests and boasts air conditioning, underfloor heating, and soundproofing for a comfortable stay.

Located in Madrid's Noviciado district, this hostel is a short walk from the city centre, placing you near the Ministry of Justice and Teatro Coliseum.
Offering free Wi-Fi and air conditioning, this budget-friendly hostel provides a cheap and cozy base for exploring Madrid, though note that children aged 16 and under are not permitted.

Located in Madrid's Arganzuela district, Hostel Siesta & Go (Atocha) is just 650 meters from Atocha Train Station and 640 meters from the Reina Sofia Museum, offering excellent access to Retiro Park (1.9 kilometres) and Plaza Mayor (2.3 kilometres).
This budget-friendly hostel provides a shared kitchen and air-conditioned rooms, with a 'Double Room with Private External Bathroom' noted as wheelchair accessible for a comfortable and affordable stay.

This budget-friendly hostel, Hostelfly, offers a convenient stop for transit passengers near Madrid-Barajas Airport, just a short distance from the bustling city centre.
Enjoy a 10-bed mixed dormitory with keycard access, air conditioning, and complimentary Wi-Fi, alongside a seasonal outdoor swimming pool and a communal dining area with kitchen facilities.

Just a 16-minute walk from the iconic Temple of Debod, this budget-friendly hostel in Madrid offers an affordable stay with excellent access to public transport, being only 1.9 kilometres from Plaza de España Metro Station.
Guests can enjoy free WiFi, air conditioning, and a shared terrace, with daily buffet or continental breakfast available to start your explorations of attractions like Gran Via and Mercado San Miguel.

Strategically positioned just 200 metres from the bustling Gran Via, Hostal Juliette-Gran Vía offers a budget-friendly base in Madrid, with the Royal Palace, Thyssen-Bornemisza Museum, and Temple of Debod all within easy reach.
This affordable hostel provides air-conditioned rooms with free WiFi, a private bathroom, and a continental breakfast, ensuring a comfortable and convenient stay for travellers exploring the Spanish capital.

Conveniently located in Madrid, Hostelfly is just 2 kilometres from IFEMA Convention Centre and 1.9 kilometres from Adolfo Suarez Madrid-Barajas Airport, making it an ideal choice for business travellers and those seeking easy access to transport links.
This budget-friendly hostel offers air conditioning, free WiFi, and a seasonal outdoor swimming pool, perfect for a relaxing stay.

Located in Madrid's entertainment district, this hostel is within a 15-minute walk of the Museo Nacional Centro de Arte Reina Sofía, Puerta del Sol, and the National Prado Museum, with Lavapiés and Antón Martín stations just 5 minutes away on foot.
Offering excellent public transport links, this budget-friendly hostel provides a microwave and refrigerator in the common area, alongside an arcade/game room and computer station for guests.