My 5 best mid-range hotels in Madrid (2024)

mid-range hotels in madrid

With an incredibly wide offer of mid-range hotels in Madrid you can often find surprisingly reasonable deals at stylish yet unfussy accommodations.

Have a look at my list below:

No wonder why Madrid is actually one of the cheapest European capitals for a city break. You can easily find mid-range hotels in Madrid in great locations, such as the Barrio de las Letras, Chueca and La Latina, at a great price rate. Some are in characterful historic buildings, while others are sleek and contemporary.

And the good news is that there is no need to max out your credit cards or take out a second mortgage to book a nice place to spend your time in Madrid. In other words, there is an abundance of high-quality budget hotels across the city.

That is why I decided to conduct a through search to find my favorite mid-range hotels in Madrid based on comfort, amenities, and the overall atmosphere.

My favorite 5 mid-range hotels in Madrid

Hotel Cortezo

It has the bonus of being in a central location, just a couple of minutes away from Puerta del Sol, Plaza Mayor and Tirso de Molina, on a relatively quiet street.

Decor tends toward the gentleman’s club boutique look with white linens, dark wooden headboards, and brushed stainless steel trim. Hotel Cortezo‘s rooftop terrace is small but fitted with a few lounge chairs, teak strip decking, and an outdoor shower to cool off and wash off the tanning lotion.

The rooms have parquet flooring and are decorated in pleasant Mediterranean colors, giving them a comfortable feel.

3 reasons why you’ll love it:

  • Exceptional hotel location.
  • Very kind and professional employees.
  • Delicious breakfast with a lot of options – even gluten free!

Room Mate Mario

Conveniently located on a quiet, curving street near the Teatro Real opera house and the Royal Palace, Room Mate Mario is part of a stylish yet affordable chain that offers a youthful, playful design at a good price.

The hotel occupies an elegant building and staying here gives you an idea of what it is like to live in the heart of Madrid.

All rooms have pops of bright blue, green, or red, along with modern furniture, and sleek track lighting. Bold floral and musical motifs drift across panels on the wall behind the beds and designer lamps provide a glamorous touch.

3 reasons why you’ll love it:

  • Top location in the city center.
  • Staff is always cheerful and helpful.
  • Good selection at breakfast.

One Shot Prado 23

This stylish hotel located in the Barrio de las Letras, Madrid’s “Literary Quarter”, has a creative, design-forward vibe, from the funky lobby deer sculpture to the colorful, industrial-chic guest room decor complete with Hopper-inspired photography on the walls. One Shot Prado 23‘s central location means there are plenty of bars, cafes, restaurants, and nightlife options nearby.

A former antique shop back in the day, its déco features art installations in the foyer and graffitied walls in the underground car park.

The rooms are sophisticatedly decorated, with minimal decor, hardwood floors and subtle pops of color throughout. Soak up the history of Madrid by wandering through the grid of nearby streets.

3 reasons why you’ll love it:

  • Nice terrace to enjoy your morning coffee.
  • Very close walking distance to everything.
  • Friendly reception staff.

B&B Hotel Fuencarral 52

The hotel occupies a building built in 1830, thanks to a comprehensive rehabilitation project conducted in 2015, and offers a stylish, modern and functional design. Don’t miss the panoramic lift vertical garden overlooking the inner courtyard!

The emphasis here is on getting the important things right – beds, lighting, showers, soundproofing and coffee. And B&B Hotel Fuencarral 52 excels at that.

Spacious, bright and perfectly soundproofed rooms with an elegant design and a great mix of light and color, are very well equipped.

3 reasons why you’ll love it:

  • The attention for detail.
  • The terrace at the 5th floor.
  • Very quiet at night.

Petit Palace Triball

Located at the corner of Gran Vía, this a great shopping area in Madrid’s city center. Though this district can be loud with late-night revelers, Petit Palace Triball is located on a somewhat quiet pedestrian-only street. So it offers an unbeatable opportunity to enjoy the very best of the neighborhood – monuments, restaurants, shops and the cultural life with all the surrounding theaters!

This hotel has some nice perks, including stocked minibars, free bike rentals, and free breakfast served in a sunny room with city views and a nice terrace.

3 reasons why you’ll love it:

  • Very nice breakfast with a lot of options.
  • Easy access to all major tourist attractions.
  • Helpful and friendly staff.

Map of the 5 best mid-range hotels in Madrid

As always, you have all the information on a specific map of accommodation in Madrid.

And remember, you can use this map at home and while you’re traveling in Spain. I explain you how to do it in the Madrid Traveller maps page, where you also have links to all the other maps.

Find the best mid-range hotels in Madrid

If you couldn’t find what you were looking for in my selection above, or you prefer to conduct your own research, use the following search box to look for other mid-range hotels in Madrid.


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