The lovely city of Madrid is the capital of Spain, and it’s one of the most impressive travel destinations in the world. This beautiful city is chock-full of incredible culture, mouthwatering food, and a great history that’ll surely make you fall in love with it. There’s an abundance of different activities you can participate in during your time here! You can easily explore Plaza Mayor, El Retiro Park, and numerous museums. But did you know what’s not easy? When you’re searching for the cheapest hostels in Madrid that don’t disappoint. Thankfully, we’ve done all the hard work for you. By staying in one of these hostels in Spain Madrid, you can enjoy the city to the fullest without emptying your wallet! Here’s our full list!
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Kicking off this list is the Mola Hostel. Here, you’ll be able to enjoy Madrid differently. This hostel is an ancient building with stylish minimalism, surrounded by Calderon Theater, the Plaza Mayor, San Miguel Market, and Puerta del Sol. Apart from that, you can find numerous restaurants, bars, and shops within a five-minute walk from the hostel. If you’re hunting for top hostels in Madrid city centre, this accommodation should be a top contender.
At this hostel, you’ll have a large lounge area and a reception open from sunrise to sunset, plus a kitchen with a badass fridge stocking free coffee and juices. It’s also one of those hostels in Madrid with private rooms! Additionally, the dorms can house up to 10 people. The best part is that dorms all have ensuites, hairdryers, and a shelf and outlet in each pod! Even better, the hostel’s friendly staff will be more than happy to help and advise on everything you need to guarantee you an unforgettable stay in Madrid. No wonder it’s deemed one of the best hostels in Spain Madrid!
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Say hello to Safestay Madrid! It’s Madrid’s first luxury youth hostel at backpackers’ prices. Its privileged location, by Alonso Martinez square, makes it the ideal base to explore and enjoy Madrid. There are three Metro Stops within a 5-minute walk from the hostel, and regular city buses stop just outside. This means getting around is more than easy! Aside from that, you can also walk to Puerta del Sol and the Thyssen and Prado Museums in under 20 minutes. If this doesn’t please you, we don’t know what will!
In addition to the hostel’s free daily tours, you can also take advantage of the free Wi-Fi! Don’t forget to relax while watching a movie in the in-house cinema with fellow travelers! Then, party in the hostel’s cool bar! A new rooftop terrace is waiting for you as well. Grab a drink and dance at sundown with a panoramic view over the city! Lastly, the modern rooms at Safestay Madrid feature individual lockers, and most rooms have a balcony. Bed linen is included, and you can rent towels from reception. While this hostel isn’t anything like the best hotels with pools in Madrid, it’s undoubtedly one of the best party hostels in Madrid that’ll exceed your expectation.
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Ok Hostel Madrid
Another great hostel that you should consider is the Ok Hostel Madrid. You can find this hostel in the historical region of the city, and you’re never far from the train station or unique local restaurants. You can find plenty of bars, eateries, and shops only a five-minute walk away. Other top attractions like Plaza Mayor and Puerta del Sol are also close to the hostel! Of course, there are plenty of pastimes to keep you entertained at this hostel during those days you do not feel like being out and about, such as video games and foosball. We also love the on-site coffee house!
Like most hostels in Spain Madrid, this hostel offers female-only dorms, mixed dorms, and private rooms for travelers. All of the room options come with fresh bed linens and bathrooms. The luggage lockers are conveniently built into the beds, so you can trust your items are always secure and close by. While there’s a shared kitchen, we highly suggest you try out the on-site restaurant! It serves yummy, affordable food, and there are kid meals and special diet menus as well!
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Hostel One Madrid
Our following recommendation is the Hostel One Madrid, a trendy setting in a wonderful location near all of the fun. As one of the cheapest hostels in Madrid city centre, you can save some money here! This generous hostel provides its guests with free dinners, enjoyable activities, and experiences around the city. Set in the heart of Madrid, you’ll be near the city’s top spots like Calle Princesa, Puerta del Sol, Plaza Mayor, and more! Of course, free high-speed Wi-Fi is available too! There’s a pleasant terrace for visitors to lounge on and catch up with friends whenever they please as well.
As one of the best hostels in Spain Madrid, it has shared female-only or mixed dorms, and some of them are en suites. There are private rooms too for when you want more of your own space, and you can count on there being clean bed linens provided to you in whatever room you opt for. The beds are equipped with reading lights, and guests can safely secure their luggage in the lockers in each room. Other notable amenities include BBQ facilities, a shared kitchen, and a 24-hour front desk.
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Barbieri Sol Hostel
You can’t talk about the best hostels in Spain Madrid without mentioning the Barbieri Sol Hostel. As one of the cheapest hostels in Madrid city centre, this hostel is nestled in an ideal location that’s only a short walk from all of the excitement Madrid has to offer. Places like the Reina Sofia Museum, Museo del Prado, Parque del Retiro, and La Latina neighborhood with its famous Sunday market are all only a short walk away. There’s also a pleasant terrace that offers stunning views of the surrounding city and a relaxing lounge room for the times you want to unwind. Guests are free to utilize the communal kitchen area whenever too.
Here, you may opt to book either a shared mixed dormitory or a private twin or double room during your stay. The shared dorm rooms aren’t the biggest, but they’re surprisingly comfy. All of the beds have linens included, and you may use the storage locker supplied to you, as long as you bring your lock. As with other best hostels in Madrid, Spain, the staff here is always available to share their knowledge of the best food and other attractions to check out in Madrid!
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The Hat Madrid
The Hat Madrid is up next, and this is an ideal option if you want to be in the heart of Madrid and tremendously close to many of the best places the city has to offer and one of the main train stations. There’s a supermarket opposite the hostel. In addition to that, there’s also a variety of cafés and bars within a 5-minute walk. With its medieval origins and vibrant nightlife, La Latina District is under a 10-minute walk away. Meanwhile, Puerta del Sol and La Latina Metro Stations are only a stone’s throw away.
Like some of the cheapest hostels in Madrid, it has shared dormitories that are either mixed or female-only. All of them have security lockers you can take advantage of. This hostel also has rooms available for larger groups that are traveling together. Linens will be provided to you at this accommodation, and each bed is equipped with its handy shelf and reading light for your convenience. The hostel has a lovely and rustic interior design, an outdoor terrace, and a trendy bar and restaurant.
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room007 Chueca Hostel
There might be many hostels in Madrid city centre, but we can confidently say the room007 Chueca Hostel is one of the most good-looking ones. Set in Downtown Madrid, this hostel boasts modern design and decoration. Like other best hostels in Spain Madrid, it has free Wi-Fi and plenty of space to sit and relax in peace. There’s also an on-site restaurant-turned-bar where you can benefit from guest discounts, a kitchen, a cozy attic lounge with a foosball table, and a cool roof terrace. Meanwhile, free walking tours will help you see the headline sights, and you can join in with a bunch of other activities.
When it comes to rooms, this hostel doesn’t cut short either. It’s one of the hostels in Madrid with private rooms, and there are shared dorms too. The shared dorms feature bunk beds with linen, towels, and secure lockers. A reading light lets you stay up late without keeping your bunkmate awake. You’ll have shower gel and shampoo, too, so there is no need to worry about fitting all your liquids into a plastic airline bag! You can start the day with some delicious breakfast and then head out to explore the epic neighborhood. The bars in Chueca stay open till the early hours, and you can walk to iconic sights like the Royal Palace in about 20 minutes, so there’s plenty to do!
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Scout Madrid Hostel
It’s super easy to save money when you’re staying at Scout Madrid Hostel, one of the cheapest hostels in Madrid. A terrific base for budget travelers, breakfast is included in the price, and there’s free Wi-Fi as well as free-to-use computers. Aside from that, there are indoor and outdoor common areas too. So, whether you want to soak up the sun or chill indoors, there’s a space for you. The hostel also has a well-equipped kitchen, the perfect place for you to make your meal and save some money. Need to finish some work? Take advantage of the hostel’s quiet meeting room!
As it’s one of the best hostels in Madrid, Spain, dorms are spacious and accessed by key card. All beds have a personal power outlet. Light and lockers are available too. Other convenient features at this top hostel include a tour desk, luggage storage, and laundry facilities. Despite not being one of those hostels in Madrid city centre, getting around is a piece of cake as there’s plenty of public transport. If you need advice on what to see and do in the city, the friendly staff will be happy to help you come up with a cool and unique itinerary.
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Situated in Centro, close to public transportation links, major sights, and nightlife, Sungate ONE is easily one of the top hostels in Madrid city centre. Here, the helpful staff members are always ready to offer tips and advice to help you make the most of your time in Madrid, and you can book a range of tours directly on-site. Despite being one of the cheapest hostels in Madrid, this accommodation still offers a shared kitchen. There, you can cook meals to stretch your funds further. Even better, complimentary tea and coffee are available at all times! Talk about freebies!
Furthermore, the hostel’s rooms are fully air-conditioned, so you can stay nice and cool when the sun’s hot. There are mixed and female-only dorms to choose from. Unlike most hostels in Spain Madrid, all rooms here come with individual beds. This is good news, especially for those who hate bunk beds! Apart from that, you’ll also find private lockers where you can securely store your backpack. Linen is free, and if you need a towel, ask the friendly staff behind the reception. For those traveling a while and needing some fresh clothes, you can make use of the hostel’s laundry facilities and wash your stuff for a very small charge.
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Cats Hostel Madrid Sol
Are you looking for the best party hostels in Madrid? Look no further than the Cats Hostel Madrid Sol! This accommodation is one of the top hostels in Spain Madrid for many reasons. This is a cheap and cheerful youth hostel, a place that knows how to do social. Here, you can join pub crawls every night of the week take part in diverse activities that let you live the Madrid life, like tapas tours, salsa lessons, and flamenco dancing. Meanwhile, the on-site bar is always buzzing. Breakfast is cheap if you can’t face going out to find food, and the comfy dorms and private rooms will let you catch up on your beauty sleep, ready to start afresh come evening time!
This is one of those hostels in Madrid city centre that will keep you busy 24/7. Some of the most famous attractions are within a 10-minute walk. If you’re unsure where to start, head to the reception and grab a free city map! It’ll help you navigate through the beautiful streets of Madrid. After a long day of walking around, head back to the hostel and chill with the other backpackers in the massive courtyard. Or, if you want to cool drown, grab a book from the exchange and chill in the airconditioned lounge inside. If you’re lucky enough to stay over the weekend, you even get to enjoy the hostel’s famous Saturday Paella night! Get to know the taste of Spain with some traditional food while sipping on freshly made Sangria.
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Way Hostel Madrid
The Way Hostel Madrid is an excellent pad in a peaceful area in Madrid, yet also really close to the pumping heart of the city. The hostel’s free walking tours will show you Madrid’s highlights, and the friendly staff members will arrange a variety of fun events to keep things fresh and lively. From cheap dinners and tapas tours to flamenco shows and pub crawls, there are heaps to keep you busy! Plus, every Saturday night is tango time! When it comes to useful stuff, there’s luggage storage, free Wi-Fi, a book exchange, a tour desk, an on-site café, bike rentals, key cards for access, and airport transfers.
As one of the best hostels in Spain Madrid, each room is equipped with a strong air-conditioner so that you can keep cool even during the hot summer months. For budget backpackers, there are spacious dorms (mixed and female-only), but the hostel also offers en suite private rooms and even rooms for a large group of friends or family. Those searching for hostels in Madrid with private rooms won’t be disappointed! Since the location is perfect, you can spend the whole day exploring the city. If you don’t know where to start, head to the reception and pick up one free city maps. And while you’re there, ask the friendly staff for recommendations on what to see and the top things to do in Madrid!
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Where to Stay in Madrid, Spain
The first area that you should consider is Centro Madrid. It’s the city’s heart, making it the best area to stay in Madrid for first-timers. This downtown neighborhood is where you’ll find grand avenues, stunning architecture, delicious restaurants, and a constant buzz of excitement and activity. Here, you can also find the cheapest hostels in Madrid city centre and some of the best hotels in Madrid.
Are you searching for the best party hostels in Madrid? Chances are they’re in Chueca. Located east of the city centre, Chueca is home to trendy bars, lively clubs, charming pubs, and funky cafes, making it one of the best places to stay in Madrid for nightlife.
Lastly, you should consider staying in Moratalaz. This quiet area is marked by wide open green spaces, with pine woods, soccer fields, and hills with skyline views in and around Cuña Verde de O’Donnell Park. It’s the perfect place for those who love staying in a peaceful neighborhood but not too far from Madrid’s main attractions.
Recommended Restaurants / Bars in Madrid, Spain
- La Musa Latina – The menus at this restaurant are all yummy. he mixed grill and the roasted vegetables make a great combination, plus there are plenty of indulgent desserts to choose from. Waiters are super cool but friendly, and the diners are a mixture of the well-heeled and the clubby crowd.
- La Dolores – Another Madrid classic, with wonderful tiling outside and rows of dusty beer steins inside, La Dolores has been serving ice-cold frothy beer since the 1920s. There’s a short list of tapas, which are amazing. Specialities are smoked fish, anchovies and “mojama” (wind-dried tuna)!
- Fiaschetteria La Saletta – Another popular and affordable restaurant that you must try is Fiaschetteria La Saletta. The food is a superb combination of Italian falvors made by charming chefs. The three course meal lunch menu here costs only around 10USD!
Recommended Activities in Madrid, Spain
- Madrid: Prado Museum Direct Entrance Ticket – Discover masterpieces of art with a full-day entrance ticket to Madrid’s Prado Museum and see works by Velázquez, Goya, El Greco and many more. Covering the full range of Spanish art, the collection includes 7,600 paintings and 1,000 sculptures.
- Madrid: Bernabéu Stadium Tour with Direct Access Tickets – Explore the history of the Real Madrid football team in the Bernabéu Stadium museum. Get access to exclusive areas, and learn all about Real Madrid’s football prowess.
- Madrid: “Emociones” Live Flamenco Performance – Enjoy a spellbinding live Flamenco dance performance at the world’s first Flamenco theater. See up close a captivating authentic Andulacian tradition. Allow yourself to be swept away by the dance, song, and passion of five world-class performers.