Low Season | August | cheapest month to stay |
High Season | October | most expensive time to stay |
69% | expected price decrease | |
37% | expected price increase |
Price | $24 - $124 |
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Cheapest day of week | Sunday | is the cheapest day of the week to book |
Highest day of week | Saturday | is the most expensive day of the week to book |
$37 | is the average per night cost for a hostel on this day | |
$280 | is the average per night cost for a hostel on this day |
Price | $12 - $78 |
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CHEAPEST NEIGHBORHOOD IN MADRID | Hortaleza | 70% cheaper | Hostels in Hortaleza are the cheapest in Madrid at just $12 per night on average |
MOST EXPENSIVE NEIGHBORHOOD IN MADRID | Villaverde | 48% more expensive | Villaverde has the highest priced hostels in Madrid with rooms averaging $78 per night |
MOST POPULAR NEIGHBORHOOD IN MADRID | Tetuán | 32% more users visited | More momondo users search for hostels in Tetuán than any other neighborhood in Madrid |
Nightly rates on hostels in Madrid are usually around $121 with the cheapest nightly rate being $40. Those looking to stay at a Madrid hostel for a week or a month should anticipate paying $272/week or $1,543/month, on average.
On average, momondo users who have stayed at Madrid hostels have stayed for 4 days. On average, a 4-days stay at a hostel in Madrid will cost $485.
Typically, a hostel in Madrid costs $121/night. Hostel prices are 19% less expensive than 3 star hotels, 47% less expensive than 4 star hotels, and 64% less expensive than 5 star hotels. Hostels would be considered a very good deal compared to 3 star, 4 star, or 5 star hotels.
On average, momondo users have rated Madrid hostels a 7.9 out of 10. This rating is better than 1-star (7.1) and 2-star (7.7) hotels in Madrid. If you are looking for a comfortable and budget-friendly stay in Madrid, momondo and its users would recommend looking into a hostel.
There are 9,971 operators available for hotels in Madrid as of June 2024.
Prices for hotels in Madrid are updated daily.