🇪🇸 Madrid, Spain · Under 300€

5 Best Hotels in Madrid Under 300€ per Night

Five of the best hotels in Madrid under 300€ per night, ranked using verified Booking.com hotel data, guest ratings and review support.

Prices checked: Sep 10, 2026

Quick comparison

Reference prices show the intended budget band, not a guaranteed live rate. Confirm the total price and availability on Booking.com for your dates.

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HotelArea5staysBooking.comReviewsFrom
Hotel ReginaMadrid★★★★★5stays selection9.46,043282€
La Fonda de los PríncipesMadrid★★★★★5stays selection9.4924195€
Hotel AtlánticoMadrid★★★★★5stays selection9.23,761250€
Francisco IMadrid★★★★★5stays selection9.13,547208€
Woohoo Rooms Unique MadridMadrid★★★★★5stays selection9.3457179€

A hotel can move above the threshold when demand rises. See how we rank hotels.

Five selected Madrid hotels under 300€ per nightBooking.com rating and reviews

Hotel Regina in Madrid
★★★★★5stays selection9.46,043 reviews

Hotel Regina

Seasonal local ingredients shape the Mediterranean menu at Hotel Regina's Castizo restaurant, backed by a wine cellar. Contemporary rooms include generous desks, with Sevilla metro and Madrid's museum district close by.

Madrid
From282€ per night
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La Fonda de los Príncipes in Madrid
★★★★★5stays selection9.4924 reviews

La Fonda de los Príncipes

Puerta del Sol is the setting for La Fonda de los Príncipes, with Madrid's squares, shops and tapas bars close at hand. Bright rooms have private bathrooms and safes, and reception is staffed around the clock.

Madrid
From195€ per night
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Hotel Atlántico in Madrid
★★★★★5stays selection9.23,761 reviews

Hotel Atlántico

Two panoramic terraces lift Hotel Atlántico above the bustle of Gran Vía. Classically decorated, soundproofed rooms and an elegant café-bar bring a traditional Madrid feel, with Callao's shops and theatres on the doorstep.

Madrid
From250€ per night
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Francisco I in Madrid
★★★★★5stays selection9.13,547 reviews

Francisco I

Francisco I sits on Arenal, between Puerta del Sol and the streets leading towards the Royal Palace. Private bathrooms and a daily buffet breakfast make a straightforward base for exploring the old city on foot.

Madrid
From208€ per night
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Woohoo Rooms Unique Madrid in Madrid
★★★★★5stays selection9.3457 reviews

Woohoo Rooms Unique Madrid

Streaming services and city-view room options give Woohoo Rooms Unique Madrid a contemporary city-break feel. Gran Vía's theatres and shopping streets are nearby, and the concierge can help arrange the day's outings.

Madrid
From179€ per night
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Live availability

Explore more Madrid stays under 300€

Choose your dates in the map to compare live Booking.com options around Madrid.

Prices and availability are supplied inside the Stay22 map and can change with dates, guests and room availability.

Hotel Regina in Madrid

Where to stay in Madrid on a 300€ budget

Madrid rewards a central base: Centro puts the historic core on foot, Retiro suits museum visits and Salamanca offers polished shopping and dining. For a stay below 300€ per night, compare exact dates because qualifying rates may only appear in lower-demand periods.

For a wider selection, see our guide to the best hotels in Madrid.

Hotel image supplied by Booking.com

Frequently asked questions

Madrid hotels under 300€: common questions

01What are the best hotels in Madrid under 300€ per night?

Hotel Regina, La Fonda de los Príncipes, Hotel Atlántico, Francisco I, Woohoo Rooms Unique Madrid form this shortlist after destination, property type and dated price checks.

02Are these Madrid hotel prices guaranteed?

No. Each hotel showed a dated reference rate at or below 300€, but live rates change with dates, demand, occupancy and room conditions.

03How does 5stays select Madrid hotels under 300€?

We verify that each property is a hotel in the named destination, apply the observed nightly price ceiling, then rank the eligible options using Booking.com rating and review volume.

04Where should you stay in Madrid?

Compare Centro, Retiro, Salamanca, Chamberí and Atocha. The best area depends on transport, attractions and the atmosphere you prefer.

05Does the 300€ limit include taxes and breakfast?

Not necessarily. Always compare the final stay total, taxes, room type, meal plan and cancellation conditions on Booking.com.