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Best cheap airport hotel/hostel in Madrid?

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Spending 3 weeks in Europe with a friend and bought round-trip airfare via Madrid. Spending our first week in Spain then flying back to Madrid the day before our flight back to the U.S. Our flight arrives at Barajas at 9:30am. I thought it would make the most sense to stay at an airport hotel, so we'd take the shuttle to the hotel, drop our backpacks off, then take the metro into the city for one last rendezvous for the remainder of the day/evening before taking the metro back to the hotel. Our flight departs the next day at 12:45pm.

On a wicked tight budget, so I think the best options I've found, all for 45 euro for the night (this is the total price not per person, right?) are AXOR Feria, Ibis, and Hostal Viky. Any insight on the differences between these three? Which would you recommend? Or a completely different one?

(I know myself, and I'd prefer to sleep near the airport rather than in the city so as not to be stressed out worrying about waking up and timing the metro correctly in the morning.)

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