
Hostels in popular neighbourhoods in Madrid
Below are the most popular neighbourhoods in Madrid to stay in, as well as some of the best hostels in each area
Retiro
Search hostels in RetiroChueca
Search hostels in ChuecaCheap hotels in Madrid
These hotels usually make for a cheap way to stay in Madrid
Get the best value hostel in Madrid
These hostels have the best prices for their ratings
momondo's favourite hostels in Madrid
Learn more about these user-preferred hostels in Madrid
When to book a hostel in Madrid
Check out the information below to find the best deal on a hostel in Madrid
| Low season | August | cheapest month to stay |
| High season | December | most expensive time to stay |
| 35% | expected price decrease | |
| 28% | expected price increase |
Price | R548 - R1 163 |
|---|
| 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 |
| R512 | is the average per night cost for a hostel on this day | |
| R1 569 | is the average per night cost for a hostel on this day |
Best neighbourhoods to book a hostel in Madrid
Below are the average prices for hostels in the most popular neighbourhoods in Madrid
Price | R321 - R1 558 |
|---|
| CHEAPEST NEIGHBOURHOOD IN MADRID | Prosperidad | 65% cheaper | Hostels in Prosperidad are the cheapest in Madrid at just R321 per night on average |
| MOST EXPENSIVE NEIGHBOURHOOD IN MADRID | Malasaña | 40% more expensive | Malasaña has the highest priced hostels in Madrid with rooms averaging R1 558 per night |
| MOST POPULAR NEIGHBOURHOOD IN MADRID | Centro | 86% more users visited | More momondo users search for hostels in Centro than any other neighbourhood in Madrid |
Information about staying in Madrid
Read these important travel tips before booking a hostel in Madrid
How much do hostels in Madrid cost?
Nightly rates on hostels in Madrid are usually around R2 506 with the cheapest nightly rate being R1 107. Those looking to stay at a Madrid hostel for a week or a month should anticipate paying R11 410/week or R42 687/month, on average.
What is the average length of a stay in a Madrid hostel?
Hostels are a popular option for momondo users visiting Madrid. The average length of a stay at a Madrid hostel is 4 days. Those looking to stay at a hostel in Madrid for 4 days should expect to pay R10 022 for their accommodation.
Are Madrid hostels a better deal than Madrid hotels?
Hostels in Madrid are, on average, R2 506/night which is 46% cheaper than 1 star hotels, 18% cheaper than 2 star hotels, and 31% cheaper than 3 star hotels. Hostels would be considered a very good deal compared to 1 star, 2 star, or 3 star hotels.
How many operators does momondo search for hotels in Madrid?
There are 9 772 operators available for hotels in Madrid as of October 2026.
When did momondo last update prices for hotels in Madrid?
Prices for hotels in Madrid are updated daily.