>

Madrid  ·  Spain

Cheap Hotels in Retiro

104 hotels in Retiro / Atocha — from €38/night, free cancellation.

Photo: Sublime 42

104 hotels
from €38/night
Free cancellation
Best rate guarantee

Why stay in Retiro

Retiro — Retiro / Atocha

Retiro is Madrid's greenest upmarket neighbourhood, wrapped around the city's most famous park. It's quieter than Sol or Gran Vía but just as central — you're 15 minutes' walk from Puerta del Sol and 5 minutes from the Prado Museum.

The area suits couples, culture travellers, and anyone who wants a calm base within walking distance of Madrid's three big museums (Prado, Reina Sofía, Thyssen). Hotels here are slightly pricier than Lavapiés or La Latina, but the trade-off is Retiro Park on your doorstep and genuinely quiet streets at night.

Summer evenings here are special: the Prado stays open late, the park hosts open-air concerts, and the terraces along Calle de Alcalá are buzzing but not rowdy.

  • Puerta del Sol — ~15 min
  • Gran Vía — ~15 min
  • Prado Museum — ~20 min
Central MadridFree cancellationBest rateMetro connected
At a glance
AreaRetiro
Also known asRetiro / Atocha
Hotels104
From€38/night
Walk to Sol~15 min
Airport (T4)~45 min

Hotels in Retiro

View all on IMPT →

Showing top 60 of 104 hotels in Retiro

View all 104 on IMPT →

About staying in Retiro

What are the cheapest hotels near Retiro Park, Madrid?
Hotels in Retiro start from €38/night. Proximity to the Prado puts prices slightly higher than outer barrios — budget €70–120/night for a decent room.
Is Retiro a good base for visiting Madrid?
One of the best. You're walking distance from three world-class museums (Prado, Reina Sofía, Thyssen), Atocha station, and the park itself.
Which metro serves Retiro?
L2 (Retiro station), L1 (Atocha-Renfe for the south side), and L9/L1 (Príncipe de Vergara for the east).
How far is Retiro Park from Sol?
20 min walk east. Or 5 min on L2 from Sol to Retiro station, then 2 min walk to the park gate.
What are the best restaurants near Retiro Park?
Calle de Ibiza and Calle de Núñez de Balboa have the best dining. Restaurante Atégora (€15 lunch menu), El Perdido (Mexican, lively terrace), and Mercado de la Paz (food market) are all within 10 minutes' walk.
Is Retiro good for families?
Excellent — the park has playgrounds, rowboats, bike rentals, and puppet shows on weekends. Streets are quieter than central Madrid. Hotels with family rooms start around €60/night (Tryp Atocha, NH Collection Colón).
How much do hotels in Retiro cost by season?
Winter (Nov–Feb): €38–70/night. Spring: €60–120. Summer: €70–140. Autumn: €55–100. Book at least 2 weeks ahead for best rates. The Prado and Retiro Park events (especially May's San Isidro festival) push prices up.

Local tips for Retiro

Eating in Retiro — Calle de Ibiza and Calle de Núñez de Balboa are the best streets for restaurants. Restaurante Atégora (Calle de Ibiza 11) does excellent market-fresh Spanish at reasonable prices (menú del día ~€15). El Perdido (Calle de Alcalá 87) is a popular Mexican spot with a lively terrace. For something quick, the Mercado de la Paz (Calle de Ayala 5, 10 min walk) has a good food court.

What to do — Retiro Park itself is the main attraction: rowboats on the lake (€6/45 min), the Crystal Palace (free), and weekend street performers. The Prado Museum is a 5-minute walk — free entry 18:00–20:00 Mon–Sat, 17:00–19:00 Sun. The Thyssen-Bornemisza is 10 min west along Paseo del Prado. The Cuesta de Moyano book market runs along the park's west edge — open daily, perfect for browsing.

Transport — Metro L2 (Retiro station, red line) runs to Sol in 5 min. L1 (Atocha-Renfe) covers the south side for the AVE train station. Bus lines 1, 2, 9, 15, 20, 51 connect to Gran Vía, Plaza de Cibeles, and Atocha. The airport (T4) is 45 min via metro (L1 to Nuevos Ministerios, then L8).

  • Best budget hotel: Retiro II (Calle Casado del Alisal) — simple, clean, from €38/night
  • Best mid-range: Petit Palace Savoy Alfonso XII (Calle Alfonso XII 18) — right on the park, from €80/night
  • Best splurge: Hotel Palacio Del Retiro Autograph Collection — 5-star facing the park, from €180/night
  • Nearest bus stops: Retiro (lines 1, 2, 9, 15, 20), Puerta de Alcalá (lines 1, 2, 9, 15, 146)
  • Parking: Limited street parking. Use Plaza de la Independencia car park (€25/day) or Atocha station parking