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Madrid Housing Updated

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.

  • 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.