Low season | August | cheapest month to stay |
High season | December | most expensive time to stay |
79% | expected price decrease | |
52% | expected price increase |
Price | £13 - £121 |
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Cheapest day of week | Monday | is the cheapest day of the week to book |
Highest day of week | Saturday | is the most expensive day of the week to book |
£20 | is the average per night cost for a hostel on this day | |
£142 | is the average per night cost for a hostel on this day |
Price | £10 - £68 |
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CHEAPEST NEIGHBOURHOOD IN MADRID | Hortaleza | 72% cheaper | Hostels in Hortaleza are the cheapest in Madrid at just £10 per night on average |
MOST EXPENSIVE NEIGHBOURHOOD IN MADRID | Villaverde | 50% more expensive | Villaverde has the highest priced hostels in Madrid with rooms averaging £68 per night |
MOST POPULAR NEIGHBOURHOOD IN MADRID | Tetuán | 45% more users visited | More momondo users search for hostels in Tetuán than any other neighbourhood in Madrid |
£83/night is the average cost of a hostel in Madrid. For weekly and monthly stays in Madrid, expect to pay £493/week and £1,482/month respectively. The cheapest nightly rate in Madrid found by momondo was £39.
When staying at a hostel in Madrid, momondo users, on average, stay for 3days. The average price for a 3-days stay at a Madrid hostel typically costs £249.
Hostels in Madrid are, on average, £83/night which is 31% cheaper than 3 star hotels, 37% cheaper than 4 star hotels, and 63% cheaper than 5 star hotels. Based on this data, staying at a hostel would be more ideal than 3 star, 4 star or 5 star accommodations if you’re looking to save some money on your Madrid trip.
Our users who have stayed at Madrid hostels have rated it a 7.8 out of 10. That rating is typically better than 1-star (7.3) and 2-star (7.3) hotels in Madrid. Those looking for an affordable stay in Madrid, who are also concerned with quality, should consider a hostel.
As of November 2024, there are 10,278 operators available to choose from for hotels in Madrid.
Prices for hotels in Madrid refresh daily.