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Hotel prices in Madrid, month by month

August is the cheapest month for a hotel in Madrid, at about €119 a night for a typical stay. September sits at the other end, around €190, which is 60% more. January comes close to the low point, a good fallback if August does not suit you.

These figures come from 159 hotels in Madrid whose prices we check on Agoda on a rolling basis. Across the whole year the typical night averages €159.

Cheapest month
August €119
Most expensive month
September €190
Typical night, year average
€159
Saturday vs Tuesday
+11%
Hotels price-checked
159

Typical nightly price by month

  • Cheapest month: August, about €119 a night on average
  • Most expensive month: September, about €190 a night on average
All months
Month Typical hotel3 stars and below4 stars5 stars
November€187 €133€220€308
December€134 €96€153€225
January€128 €89€147€240
February€138 €95€159€238
March€156 €112€176€255
April€174 €122€202€294
May€187 €132€212€323
June€186 €125€214€327
July€147 €93€174€278
August€119 €83€133€223
September€190 €144€208€326

The typical price is the median of the monthly averages of up to 159 hotels we price-check on Agoda (one night, 2 adults). In euros.

Where else is cheap in: January · February · March · April · May · June · July · August · September · October · November · December

Weekend or weekday?

Saturday nights cost about 11% more than Tuesdays in Madrid. If your dates can move, arriving early in the week is the easiest saving.

Prices by hotel class

A five-star room averages €223 in August and €326 in September; four-star hotels go from €133 to €208. Hotels of three stars and below range from €83 to €144.

Cheapest and priciest areas of Madrid

Malasaña is the least expensive neighbourhood we track, with a typical night around €152 across the year; Salamanca is the priciest at about €227.

  1. Malasaña €15210 hotels with prices
  2. La Latina €1644 hotels with prices
  3. Gran Vía €17634 hotels with prices
  4. Sol €20328 hotels with prices
  5. Salamanca €22712 hotels with prices

Median of the yearly average price of the hotels in each area.

Good-value hotels in Madrid

Rated 8.5 or higher by guests, ordered by their average nightly price across the year.

Five-star hotels in the cheapest month

Typical nightly price in the cheapest month (August), lowest first.

Hotel prices month by month in Madrid

The most-reviewed hotels in Madrid with a full year of price checks.

Hotel prices in Madrid: questions

What is the cheapest month to stay in Madrid?

August. A typical hotel night then costs about €119, against a yearly average of €159.

When are hotels in Madrid most expensive?

In September, at about €190 a night for a typical hotel, 60% more than in August.

Are weekends more expensive in Madrid?

Saturday nights cost about 11% more than Tuesdays in Madrid. If your dates can move, arriving early in the week is the easiest saving.

How much is a five-star hotel in Madrid?

About €223 a night in August, the cheapest month, and €326 in September.

Where do these prices come from?

We check real Agoda prices for 159 hotels in Madrid: one night for two adults on a Tuesday and a Saturday in every month of the coming year, refreshed every few weeks. The typical price is the median of the hotels’ monthly averages. Prices are in euros, last updated 22 October 2026; the final price is shown before you book.