In our checks between 21 October 2026 and 4 November 2026, well-rated hotels in Madrid started at about 42 € a night (The Hat Madrid); the typical (median) price of the 122 hotels was about 148 €.
How much does a good hotel in Madrid, Spain, cost right now? We checked the prices of 122 hotels with a Google rating of 4.0 or higher on several booking sites between 21 October 2026 and 4 November 2026. Here are the cheapest ones, the typical price and where booking was cheapest.
The cheapest well-rated hotels in Madrid
| Hotel | From per night | Rating | Cheapest at |
|---|---|---|---|
| The Hat Madrid | about 42 € | 4.3 (4,847) | Bluepillow.de |
| FAR HOME ATOCHA | about 46 € | 4.4 (1,400) | Far Home Atocha |
| Way Hostel Madrid | about 51 € | 4.5 (1,200) | Hostelworld |
| Room007 Ventura Hostel | about 52 € | 4.0 (1,300) | Booking.com |
| Far Home Bernabeu | about 56 € | 4.4 (1,900) | Far Home Bernabéu |
| Hostelfly | about 56 € | 4.3 (928) | Hostelfly |
| ibis Madrid Calle Alcalá | about 60 € | 4.2 (3,700) | trivago DEALS |
| LATROUPE Prado Hostel Madrid | about 62 € | 4.2 (959) | LATROUPE Prado Hostel Madrid |
Prices are per night, the lowest total we found for the stay we checked (including taxes and fees as the site showed them), divided by the number of nights. Check-in dates and number of guests differ between hotels, and hostels may list a dormitory bed, so open the hotel page and compare your own dates.
Best rating for the money: B&B HOTEL MADRID Carabanchel has a rating of 4.7 and cost about 97 € a night, no more than the typical price.
Which booking site was cheapest?
- Super.com: cheapest for 50 of 122 hotels
- Vio.com: cheapest for 16 of 122 hotels
- Bluepillow.de: cheapest for 7 of 122 hotels
- Destinia: cheapest for 4 of 122 hotels
Where Booking.com had a price, it was on average 23.3 % above the cheapest offer for the same hotel (105 hotels). For 17 hotels the cheapest offer came with free cancellation.
How to save even more
- Compare the total price with taxes and fees, see taxes and fees explained.
- Check smaller booking sites and the hotel's own website too, see cheapest way to book a hotel.
- All hotels with prices and things to do are on the Madrid city page.
Questions
How much is a good hotel in Madrid? In our checks, hotels rated 4.0 or higher cost about 148 € a night in the middle of the range, from about 42 €. 25 of 122 were under 100 € a night.
Are these prices permanent? No. They are a snapshot from between 21 October 2026 and 4 November 2026. Hotel prices change daily, so compare your own dates.
💡 How to save in Madrid
- 📅Arrive on a Tuesday instead of a Friday: about 38 % cheaper for the same hotel (3 nights).338 price checks of 91 hotels
- 🗓️February 2027 is the cheapest month we measured, 40 % below November 2026.weekly prices of 10 hotels
- 🏷️Compare booking sites: the cheapest one was 17 % below Booking.com (median), cheaper in 95 % of hotels.118 hotels, often cheapest: Super.com (41 %), Vio.com (8 %), Expedia.de (5 %)
From our own price checks, updated daily. Booking earlier showed no clear saving in our data so far, so we do not promise one.