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Hotels under $100 in Madrid

Nightly budget: up to $100

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Can you find hotels under $100 in Madrid?

A $100 nightly budget sits at the lower end of hotel prices in Madrid. The lowest price in this sample is $25, while the median is $313, so many stays may cost more than your target. If your dates are flexible, February has the lowest median hotel price over the next 12 months. Search with your dates to see which stays fit.

Hotel price overview for Madrid

Hotel price sample 6–7 Oct 2026

  • Lowest price $25
  • Your budget $100
  • Median $313
  • Average $372

Prices are ordered from lowest to highest; spacing is not to scale.

A $100 budget is above the lowest price we found ($25), but below the median ($313).

When are hotel prices lowest in Madrid?

Median nightly price by month

February 2027 has the lowest median price at $156 per night.

$235 $168 $100 Your budget: $100 Oct Nov Dec Jan '27 Feb Mar Apr May Jun Jul Aug Sep

Median price Your budget: $100

Good to know about hotel prices in Madrid

  • Cheapest month February 2027 Median $156/night
  • Peak month September 2027 Median $235/night
  • Cheapest weekday Monday Median $164/night
  • Weekend prices +36% vs weekdays

September 2027 is about 51% more expensive than February 2027.

Lowest hotel prices by star rating in Madrid

In our recent search data, the lowest nightly price was $64 for 3-star hotels, $138 for 4-star hotels and $401 for 5-star hotels.

  • $64/night
  • $138/night
  • $401/night

* Prices are based on recent searches and may differ from current booking prices. Actual prices and availability vary by dates, guests, room type and provider.

Looking for a lower budget? Explore hotels under $50 in Madrid.

Hotels under $100 in Madrid FAQ

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In our next 12 months of Madrid price data, February 2027 has the lowest median nightly price at $156, while September 2027 reaches $235. That is a difference of about 51%. For a $100 budget, changing the month can therefore have a meaningful effect on how the wider Madrid price level compares with your target.
The $100 target reached the 3 star category in this sample, where the lowest price was $64 per night. The lowest 4 star price was $138, above the page budget. It is still worth checking both categories because the difference can change with dates and provider.
Weekend median prices are about 36% higher than weekdays in our current Madrid data. That is a meaningful difference for a $100 budget. Moving part of the stay onto weekdays may give you more hotel options without changing the rest of the trip.
Yes, especially if you are arriving by train or planning rail day trips. Madrid Puerta de Atocha is served by Metro Line 1, Cercanías trains and numerous bus routes, with the Prado and other Paseo del Arte sights nearby. It is not automatically cheaper than staying around Sol, but the transport connections make Atocha a useful area to include when you compare price with convenience.
Yes, if you want another well connected option beyond the busiest tourist core. The Princesa area runs from Plaza de España towards Moncloa, and Moncloa is served by Metro lines 3 and 6. Plaza de España also has Metro lines 2, 3 and 10. That gives you several ways into central Madrid while widening the hotel search. Compare the actual nightly price rather than assuming the area will be cheaper.

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