In Madrid you will find many cheap hotels. We recommend:
Studio in Barrio Salamanca (D) Dobo Madrid América GuestReady - Peaceful retreat in Hortaleza Fit Hostel Madrid Nice and bright apartment in Puerta del Ángel - Cabello
Looking for hotels rated as excellent by guests? Here are the recommended properties:
Numa Madrid Sol Dobo Madrid Galileo CriteriaHome! nice&easy cuchi-barco Apartamento 7 Atocha Delicias Madrid Rio
Spain Hotels — Venturamar Apartamento Jardín de San Feliz / Fontán Casa El Canario by Sanlúcar Housing
Hotels of the world — Pousada do Halewa Sand Dunes Luxury Camp CameliaLoft
More destinations — Hope hotels Dushanbe hotels Xingang hotels