Rent & Property Prices in Madrid
The average price of rent for a one-bedroom apartment in Madrid, Spain is $1,494. We track 6 items in this category — see the full breakdown below.
All prices in USD; switch currency above the table.
On this page 4 sections
| Section | Description |
|---|---|
| Rent & Property Prices in Madrid: price table | 6 items with median prices and high–low ranges. |
| Compare to similar cities | Cities with comparable cost tier and region. |
| Other categories in Madrid | Jump to housing, food, transport, utilities, and more. |
| Housing FAQs for Madrid | Common questions about pricing, units, and refresh cadence. |
Rent & Property Prices in Madrid
Apartment rent and property purchase price per square meter.
| Item | Median | Range (low–high) |
|---|---|---|
| 1 Bedroom Apartment in City Centre | $1,494 | $1,061 – $1,886 |
| 1 Bedroom Apartment Outside of City Centre | $1,176 | $943 – $1,650 |
| 3 Bedroom Apartment in City Centre | $2,816 | $2,181 – $4,126 |
| 3 Bedroom Apartment Outside of City Centre | $1,856 | $1,474 – $2,358 |
| Price per Square Meter to Buy Apartment in City Centre | $9,093 | $7,073 – $11,730 |
| Price per Square Meter to Buy Apartment Outside of Centre | $4,531 | $3,313 – $6,165 |
- 1 Bedroom Apartment in City Centre $1,494$1,061 – $1,886
- 1 Bedroom Apartment Outside of City Centre $1,176$943 – $1,650
- 3 Bedroom Apartment in City Centre $2,816$2,181 – $4,126
- 3 Bedroom Apartment Outside of City Centre $1,856$1,474 – $2,358
- Price per Square Meter to Buy Apartment in City Centre $9,093$7,073 – $11,730
- Price per Square Meter to Buy Apartment Outside of Centre $4,531$3,313 – $6,165
Other categories in Madrid
Housing in Madrid: FAQs
- How much does housing cost in Madrid?
- The average price of rent for a one-bedroom apartment in Madrid, Spain is around $1,494. See the table above for the full breakdown across 6 items.
- Are these housing prices in USD?
- Yes — every price on this page is normalized to US Dollars. Use the currency switcher above the table to convert to your local currency.
- How current is the housing data for Madrid?
- Prices were last refreshed on May 11, 2026. We refresh from public price databases on a scheduled cadence.
- What's not included on this page?
- This page focuses on housing. For an end-to-end monthly budget — rent + food + utilities + transit — see the Madrid main cost-of-living page.