Is Airbnb cheaper than a hotel in Madrid?
No: in Madrid, Airbnb homes asked a median €127 a night against €117 for hotels on Agoda, 9% more (latest scan 24 October 2026; priced on a typical night: Airbnb homes 92, hotels on Agoda 196). Nights measured on both sides: 70, from 13 November 2026 to 21 January 2027, read on 24 October 2026.
Measured by Bed&Market (bedandmarket.com) from 208 places checked, read 24 October 2026 22:46 UTC.
Updated
Hotels and apartments side by side
On a typical night in Madrid, the middle half of asking prices ran from €88 to €157 for hotels on Agoda and from €83 to €178 for Airbnb homes.
| Places | Median asking price | Lower quarter (p25) | Upper quarter (p75) | With a price, typical night | Nights |
|---|---|---|---|---|---|
| Hotels on Agoda | €117 | €88 | €157 | 196 | 70 |
| Airbnb homes | €127 | €83 | €178 | 92 | 70 |
| All places pooled | €119 | €88 | €166 | 287 | 70 |
Each night's figure is the median (or quarter) of that night's asking prices for one night; each figure here is the median of those nights. The pooled row puts every asking price of a night into one list.
Friday and Saturday nights on each side
Friday and Saturday nights in Madrid against Monday to Thursday: +34% for hotels on Agoda and +27% for Airbnb homes.
| Places | Friday + Saturday | Monday – Thursday | Weekend against Mon–Thu | Fri + Sat nights | Mon–Thu nights |
|---|---|---|---|---|---|
| Hotels on Agoda | €146 | €109 | +34% | 20 | 40 |
| Airbnb homes | €152 | €120 | +27% | 20 | 40 |
Medians of the nightly medians; Sunday nights sit in neither group.
Month by month
The gap in Madrid was widest in October 2026: €158 for Airbnb homes against €183 for hotels on Agoda, 13% less.
| Month | Hotels on Agoda | Airbnb homes | Difference | Nights | Latest scan |
|---|---|---|---|---|---|
| October 2026 | €183 | €158 | -13% | 31 | 24 October 2026 |
| November 2026 | €140 | €133 | -5% | 30 | 24 October 2026 |
| December 2026 | €114 | €128 | +12% | 31 | 24 October 2026 |
| January 2027 | €110 | €119 | +8% | 21 | 24 October 2026 |
Each month is the median of its nightly medians over the nights read on both sides; the month links to its own page.
On event and holiday nights
On 7 December 2026 in Madrid (Lunes siguiente al Día de la Constitución Española), Airbnb homes asked a median €158 against €134 for hotels on Agoda, 18% more.
| Night | Event or holiday | Hotels on Agoda | Airbnb homes | Difference | With a price: hotels / Airbnb |
|---|---|---|---|---|---|
| 7 December 2026 | Lunes siguiente al Día de la Constitución Española | €134 | €158 | +18% | 195 / 96 |
| 8 December 2026 | Immaculate Conception | €104 | €115 | +11% | 198 / 95 |
| 25 December 2026 | Christmas Day | €128 | €171 | +34% | 195 / 94 |
| 1 January 2027 | New Year's Day | €165 | €168 | +2% | 190 / 93 |
| 6 January 2027 | Epiphany | €99 | €106 | +7% | 194 / 93 |
Each event is printed beside the night it fell on; the prices are that night's asking prices and do not say what moved them.
What counts as a hotel and an apartment here
Places with a price on a typical night in Madrid: 287 in all, 196 on Agoda and 92 on Airbnb.
- Airbnb homes: the listings Airbnb's search showed with a price for one night for 2 guests, whole apartments, B&Bs and private rooms alike.
- Hotels on Agoda: every place Agoda's search showed with a price for one night for 2 adults: hotels, guesthouses, hostels and the apartments Agoda itself lists.
- A listing missing from a night's Airbnb search is unknown that night, not sold out.
- The two sites may count fees and taxes differently; each figure is the price its search showed.
What was measured
Nights measured in Madrid on both sides: 70, from 13 November 2026 to 21 January 2027; each with at least 30 places showing a price on Agoda.
- Up to 208 places checked per night on Agoda; a place with no price that night (sold out or closed) is counted but carries no price.
- Prices in EUR, as shown on the day each night was read on Agoda, on 24 October 2026.
- Asking prices seen while searching for one night: not prices paid, and not a forecast.
- Airbnb nights read between 23 September 2026 and 24 October 2026.
Source: asking prices for one night, read from public search results on the scan date; not prices paid, and not a forecast. How we measure →