Budget Hostels from S$76

By going with a hostel, you can reduce your spending on accommodations and set aside more of your budget for sightseeing during your stay. You can check out the monuments and other cultural highlights in this destination, as well as activities like shopping.

No two hostels look the same, but these dorm-style accommodations all feature shared rooms (though many have private options too), budget-friendly prices and a social atmosphere.

You may be able to find reasonable prices at these Madrid accommodations, which have good reviews from our guests: Zleep Hotel Madrid Airport - Close to public transport, this property is within a 5-minute walk of Estrecho Station. Guests can enjoy free WiFi and laundry facilities at this hostel. Hotel Emperador - Close to public transport, this property is within a 10-minute walk of Mendez alvaro Station. You can take advantage of free WiFi, a 24-hour front desk and a lift at this hostal. Hotel Riu Plaza España - 2-minute walk from Anton Martin Station for easy access to public transport. Guests can enjoy free WiFi, a 24-hour front desk and tour/ticket assistance at this hostal.

If you’re in the market for a low-cost place to stay in Madrid, one of Expedia’s 86 hostels could be a great choice.

Good weather’s definitely a plus when you’re discovering new places, so here’s a little information about the local climate: The hottest months are usually July and August, with an average temperature of 25°C, while the coldest months are January and February, with an average of 7°C. Average annual precipitation for Madrid is 420 mm.

In general, Madrid is known for its monuments, museums and theatres. Major attractions include Gran Via, Puerta del Sol and Plaza Mayor. Get out into nature with places such as Sabatini Gardens, Royal Botanical Garden and El Retiro Park. Cultural attractions include Teatro Albéniz, Joy Madrid and Teatro Alcazar.

Keep this information about transit options in Madrid in your back pocket to make the most of your stay: You can search for flights to the closest airport, which is Madrid (MAD-Adolfo Suárez Madrid-Barajas), located 7.9 mi (12.8 km) away. After you’ve arrived, you might want to use public transport during your trip. You can access metro transport at Sol Station, Gran Via Station and Callao Station. To explore more of the area, take a train from Madrid Recoletos Station, Madrid Principe Pio Station or Madrid (XOC-Atocha Train Station).