The Best Budget Hotels under $150 a Night in Spain

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Discover the best budget hotels in Madrid, where comfort meets affordability. From the charming Hostal Castilla II Puerta del Sol to the inviting AmazINN Places Madrid Preciados, you’ll find excellent options without breaking the bank.

These hotels are ordered by nightly price, with the most expensive listed first, ensuring you find the best deal as prices fluctuate. Enjoy a memorable stay in Spain’s vibrant capital while keeping your budget intact.

AmazINN Places Madrid Preciados

AmazINN Places Madrid Preciados

Madrid

This apartment-style property in central Madrid features comfortable accommodations with kitchens and modern amenities, making it ideal for couples and solo travelers looking to explore the city. Enjoy the vibrant local dining scene just steps away.

  • Couples - The property’s exceptional location received a 9.3 rating for two-person trips, making it perfect for romantic getaways.
  • Solo Travelers - Many solo guests appreciate the central position but note the challenges with facility access and communication.
  • City Breaks - With easy access to major attractions and metro stations, it's ideal for quick explorations of Madrid.
  • Long Stays - Apartments with kitchens and living areas are suited for extended visits, though some guests mentioned space limitations.
from $140for 1 room, 1 night
Check availability on Booking.com
Aparsol Apartments

Aparsol Apartments

Madrid

Stylish air-conditioned apartments in central Madrid, just a short walk from Puerta del Sol. Ideal for couples and solo travelers looking for local exploration and vibrant nightlife.

  • Couples - The central location and vibrant surroundings are perfect for exploring Madrid together.
  • City Breaks - Well-situated for short stays amid local culture and activities.
  • Solo Travelers - Offers a convenient spot for those traveling alone, with essential amenities at hand.
  • Value Chic - Competitive pricing makes it an attractive choice for budget-conscious travelers seeking style.
from $138for 1 room, 1 night
Check availability on Booking.com
Hostal Castilla II Puerta del Sol

Hostal Castilla II Puerta del Sol

Madrid

A centrally located guest house in Madrid, Hostal Castilla II Puerta del Sol boasts a comfortable stay with essential amenities, perfect for couples and solo travelers wanting to explore the city.

  • Couples - The location's intimacy and proximity to romantic dining options create a perfect setting for couples.
  • Solo Travelers - With a high guest score of 8.3, solo visitors can feel secure while enjoying privacy and comfort.
  • Families - Spacious family rooms are available, along with easy access to cultural sites suitable for all ages.
  • City Breaks - Guests can explore major attractions and local nightlife, all within walking distance from the hotel.
from $136for 1 room, 1 night
Check availability on Booking.com
Hostal Internacional

Hostal Internacional

Madrid

This guest house in central Madrid is perfect for budget-conscious travelers seeking clean, comfortable accommodation near vibrant local life. Hostal Internacional caters to solo travelers, couples, and families with its affordable rates and welcoming atmosphere.

  • Couples - Ideal for romantic getaways with a location rated 9.5 for couples by guests.
  • Solo travelers - Affordable rooms designed for those exploring Madrid independently.
  • Families - Triple Rooms provide enough space for a family stay with essential amenities.
  • Budget-friendly stays - An excellent option for cost-conscious travelers without sacrificing comfort.
from $135for 1 room, 1 night
Check availability on Booking.com
Alhambra Suites

Alhambra Suites

Madrid

This guest house offers a blend of historic charm and modern comfort in central Madrid. With welcoming staff and a variety of room options, it's perfect for couples, families, and solo travelers aiming to explore the vibrant local culture.

  • Couples - Alhambra Suites received a remarkable location rating of 9.6 from couples, ideal for romantic getaways.
  • Families - Room options like the Triple and Quadruple Rooms cater perfectly to families needing extra space.
  • Solo Travelers - Guests traveling alone can benefit from the friendly staff and the centrally located amenities, making it easier to explore.
  • Local Exploring - The hotel’s proximity to vibrant districts allows easy access to Madrid's authentic local dining and shopping experiences.
from $122for 1 room, 1 night
Check availability on Booking.com
Hostal Riesco

Hostal Riesco

Madrid

A budget-friendly guest house situated in central Madrid, Hostal Riesco offers comfortable, air-conditioned rooms ideal for couples and solo travelers seeking an affordable base near major attractions.

  • City breaks - Ideal for those wanting easy access to Madrid’s bustling streets and attractions.
  • Couples - The excellent location and cozy rooms make it perfect for romantic escapes.
  • Solo travelers - Reviews indicate a friendly atmosphere and helpful staff, great for those exploring alone.
  • Value chic - Affordable prices for a central location and solid amenities are perfect for budget-conscious travelers.
from $118for 1 room, 1 night
Check availability on Booking.com
Hostal Sun Gate

Hostal Sun Gate

Madrid

A newly renovated guest house in the vibrant Centro district of Madrid, Hostal Sun Gate offers superb comfort with modern amenities. Ideal for couples and solo travelers, it provides easy access to major sightseeing attractions and local dining experiences.

  • Couples - The hotel's location and cozy ambiance are perfect for romantic city breaks.
  • Solo Travelers - Comfortable rooms and a secure environment make this an ideal choice for solo visits.
  • Value Chic - With affordable rates starting at USD 117 per night, guests commend the quality-to-price ratio.
  • City Breaks - Situated in the city center, it's a great launching pad for urban exploration.
from $117for 1 room, 1 night
Check availability on Booking.com
Das Carretas

Das Carretas

Madrid

Located in central Madrid, this guesthouse features comfortable family accommodations with city views. Das Carretas is best suited for families, couples, and travelers seeking budget-friendly options close to major attractions.

  • Families - The spacious family rooms and central location make it easy for families to explore nearby attractions.
  • Couples - Couples will love the romantic balcony views and the vibrant atmosphere of the area.
  • City breaks - Ideal for city breaks thanks to its close proximity to transport links and major landmarks.
  • Value chic - Guests appreciate the affordable rates for high-quality accommodations in a sought-after district.
from $88for 1 room, 1 night
Check availability on Booking.com
Hostal Alaska

Hostal Alaska

Madrid

This budget-friendly Madrid hotel features comfortable rooms in a central location, perfect for couples and solo travelers. Enjoy easy access to local dining and attractions just steps away from Hostal Alaska.

  • Couples - The location rated at 9.6 for two-person trips provides a romantic backdrop for discovering the city.
  • Solo Travelers - Guest reviews highlight friendly staff and a sociable atmosphere, ideal for those traveling alone.
  • Budget Travelers - Room rates start from USD 84 per night, making it an economical choice in Madrid.
  • Value Chic - Guests appreciate the good balance of affordability and comfort, with clean, well-furnished rooms.
from $84for 1 room, 1 night
Check availability on Booking.com
Hostal Rincón de Sol – Centro Madrid – Self Checkin

Hostal Rincón de Sol – Centro Madrid – Self Checkin

Madrid

A budget-friendly guesthouse in central Madrid, Hostal Rincón de Sol - Centro Madrid - Self Checkin offers practical rooms and a self-check-in system ideal for couples and solo travelers. Explore the vibrant city just steps away from the iconic Puerta del Sol.

  • City breaks - Perfect for short stays with easy access to key attractions in the bustling Centro Madrid area.
  • Couples - Rated 9.2 by couples for its central location and atmosphere.
  • Solo travelers - Offers a convenient and budget-friendly option for exploring the vibrant city life.
  • Value chic - With rates starting at $80 per night, it suits guests looking for affordability without sacrificing location.
from $80for 1 room, 1 night
Check availability on Booking.com
Arc House Madrid – Puerta del Sol Only Adults

Arc House Madrid – Puerta del Sol Only Adults

Madrid

This lively hostel in central Madrid is perfect for budget travelers. With diverse dormitory options and a vibrant atmosphere, it suits solo adventurers and couples seeking city explorations.

  • Value chic - A practical choice for budget-conscious travelers, with prices starting from USD 15 per night.
  • Solo travelers - The friendly atmosphere and diverse dormitory options create a welcoming environment for those traveling alone.
  • Couples - Couples appreciate the central location, which allows easy access to romantic spots and local nightlife.
  • City breaks - Ideal for urban explorers wanting to enjoy Madrid's vibrant scenes and activities.
from $15for 1 room, 1 night
Check availability on Booking.com

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