Find Cheap Hotels in Retiro, Madrid from $71

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Our top choices for Retiro cheap hotels

Senda Hostel Retiro

1.0 star property
Retiro
8.8 out of 10, Excellent, (5)
$100 nightly
The price is $110
Dec 12 - Dec 13
Total with taxes and fees
Senda Hostel Retiro

Agumar Hotel

4.0 star property
Jerónimos
8.4 out of 10, Very Good, (1004)
"I did have very nice stay, nice clean room, wonderful staff and good choices for buffet style breakfast."
United States
Grazyna
$96 nightly
The price is $106
Jan 4 - Jan 5, 2026
Total with taxes and fees
Agumar Hotel

Petit Palace Savoy Alfonso XII

4.0 star property
Jerónimos
9.2 out of 10, Wonderful, (1003)
"Nice place to stay Staff was great"
United States
Robert
$112 nightly
The price is $124
Dec 14 - Dec 15
Total with taxes and fees
Petit Palace Savoy Alfonso XII

Uma Suites O'Donnell

4.0 star property
Retiro
9.4 out of 10, Exceptional, (36)
"This place was great, recommend 100% great location and easy to move around with the city bus."
United States
Jose Alberto Faz
Uma Suites O'Donnell

Petit Palace Lealtad Plaza

4.0 star property
Jerónimos
9.2 out of 10, Wonderful, (1001)
"Wonderful staff, great location close to the Prado."
Canada
Nancy
$144 nightly
The price is $159
Dec 14 - Dec 15
Total with taxes and fees
Petit Palace Lealtad Plaza

NH Madrid Atocha

3.0 star property
Jerónimos
8.6 out of 10, Excellent, (998)
"Great staff"
United States
Javier
$146 nightly
The price is $161
Dec 23 - Dec 24
Total with taxes and fees
NH Madrid Atocha

Only YOU Hotel Atocha

4.0 star property
Jerónimos
9.4 out of 10, Exceptional, (1116)
"Clean, good breakfast, across the street from train and down the street from many museums Walking distance to many other attractions "
United States
Debbie
$174 nightly
The price is $192
Jan 6 - Jan 7, 2026
Total with taxes and fees
Only YOU Hotel Atocha

voco Madrid Retiro by IHG

4.0 star property
Retiro
8.8 out of 10, Excellent, (1003)
"Enjoyed our stay."
Canada
Roger
$129 nightly
The price is $142
Jan 4 - Jan 5, 2026
Total with taxes and fees
voco Madrid Retiro by IHG

AYZ Juan de Mena - Auto check-in property

2.0 star property
Jerónimos
7.4 out of 10, Good, (190)
"Very small rooms, but only there to sleep. The auto check in and such was a bit confusing (push vs pull on the doors) but close to everything we wanted to get to"
United States
PHYLLIS
$64 nightly
The price is $71
Dec 21 - Dec 22
Total with taxes and fees
AYZ Juan de Mena - Auto check-in property

Hotel Claridge Madrid

4.0 star property
Retiro
9.2 out of 10, Wonderful, (1002)
"We were happy with our stay here, we recommend it! "
Canada
Mustafa
$157 nightly
The price is $173
Jan 8 - Jan 9, 2026
Total with taxes and fees
Hotel Claridge Madrid
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.

Find out more about Retiro

Discover cheap things to do in Retiro

Retiro, a vibrant neighborhood in Madrid, offers a plethora of activities and sights that budget-conscious travelers can enjoy without breaking the bank. Start your day with a stroll in the expansive Retiro Park, where you can admire the stunning Crystal Palace and the serene lake—perfect for a peaceful afternoon of picnicking or paddle boating at a low cost. Art enthusiasts will appreciate the nearby Museo del Prado, which offers free entry during certain hours, allowing you to explore masterpieces from renowned artists like Velázquez and Goya. For a taste of local culture, visit the Mercado de Antón Martín, where you can sample delicious tapas at reasonable prices while mingling with locals. Don’t miss the chance to wander the charming streets filled with boutiques and cafés, perfect for finding unique souvenirs or enjoying a coffee without spending much. **Staying in affordable hotels in this area not only provides comfort and convenience, but many offer personalized service, ensuring you feel pampered during your travels. You can find options that feature modern amenities and are strategically located near public transport, making it easy to explore the rest of Madrid.** With a mix of nature, art, and local flavor, Retiro is a fantastic spot for families and adventurous travelers alike.

Find the best cheap hotels in Retiro

Travelers seeking budget-friendly accommodations in Retiro, Madrid will find these two hostels to be excellent options. Both offer essential amenities for a comfortable stay without breaking the bank.

Hostel 165

  • Why it's great for a budget-friendly vacation: Hostel 165 is an ideal choice for budget travelers looking for comfort and convenience in the heart of Retiro, a solid guest review rating of 8.4. With essential amenities like complimentary WiFi, guests can easily stay connected while enjoying their stay in Madrid's picturesque neighborhood.
  • Other amenities: In addition to WiFi, Hostel 165 has a welcoming atmosphere perfect for meeting other travelers. Its prime location allows guests to explore nearby attractions, parks, and dining options, making it a fantastic base for discovering the vibrant culture of Madrid on a budget.
  • Neighborhood: Retiro
  • Nearby attractions: El Retiro Park - 0.74 miles, Movistar Arena - 1.34 miles, Museo Nacional Centro de Arte Reina Sofía - 1.43 miles

Top Retiro Hotel Reviews

Frequently asked questions

What is Retiro like for travelers on a budget?
Retiro has cheap accommodation options and a variety of places to visit, making it a great vacation choice for budget-conscious travelers. You can find ways to save money while getting to know this destination, which is home to attractions like Glass Palace, Calle de Alcalá, and Royal Botanical Garden.
What's the best place to stay on a budget in Retiro?
Based on our traveler reviews, Senda Hostel Retiro is a top choice for a less expensive stay. Another top option for your stay on the cheap is Hostel 165.
What is there to see and do in Retiro?
Retiro attracts visitors with its top museums and fantastic dining options, and offers plenty to see and do without spending a fortune. You can budget for the top local attractions that interest you most, such as Gran Via and Bernabéu Stadium, and then look for sights and activities that cost little or nothing at all. Explore and snap photos of landmarks like Calle de Alcalá, or hunt for bargains with some shopping at El Corte Inglés and San Anton Market.
How can I get to Retiro and get around on a budget?
Scoping out the transportation options in Retiro is a smart way to keep your trip affordable. The closest airport is 6.8 mi (11 km) away from the center in Adolfo Suarez Madrid-Barajas Airport (MAD). Nearby metro stations include Sainz de Baranda Station, Conde de Casal Station, and Ibiza Station.

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