This month 724 homes were read on 12 October 2026. The cheapest kind of home is room, with a median rent of 625 €, while the dearest is flat with two or more bedrooms, at 2,780 €. The median rent of a studio in Madrid is 1,250 €, compared to Barcelona where it is 1,485 € and Valencia where it is 1,200 €.

Prices

The table shows the median rents and the middle half of listings for different types of homes in Madrid.

Kind of home Median rent Middle half of the listings Number of listings read
Room in a shared flat 625 € 531 € – 735 € 374
Studio 1,250 € 950 € – 1,665 € 81
One-bedroom flat 1,900 € 1,460 € – 2,358 € 118
Flat with two or more bedrooms 2,780 € 2,216 € – 3,630 € 139

Updated 12 October 2026. Advertised monthly prices of 724 furnished homes read on 4 rental sites; the middle half goes from the 25th to the 75th percentile; homes bookable for less than 28 days are left out.

Districts

Madrid has 21 official districts; the list gives two median rents for each district, one for rooms and one for whole flats (studios and flats with bedrooms), each only where the district has 20 listings or more of that kind.

  • Arganzuela: room 635 € (23 listings); whole flat 2,490 € (20 listings)
  • Barajas
  • Carabanchel: room 525 € (30 listings)
  • Centro: room 650 € (63 listings); whole flat 2,300 € (141 listings)
  • Chamartín
  • Chamberí: room 720 € (23 listings)
  • Ciudad Lineal
  • Fuencarral-El Pardo
  • Hortaleza
  • Latina: room 525 € (25 listings)
  • Moncloa-Aravaca: room 700 € (23 listings)
  • Moratalaz
  • Puente de Vallecas: room 580 € (25 listings)
  • Retiro
  • Salamanca: room 750 € (38 listings)
  • San Blas - Canillejas
  • Tetuán: whole flat 2,000 € (43 listings)
  • Usera
  • Vicálvaro
  • Villa de Vallecas
  • Villaverde

Universities and campuses

The city has several universities and named campuses offering higher education.

  • ESCP Business School
  • Complutense University of Madrid
  • Autonomous University of Madrid
  • Technical University of Madrid
  • University of Navarre
  • Universidad Nebrija
  • Universidad Carlos III de Madrid
  • King Juan Carlos University
  • National University of Distance Education
  • Universidad Camilo José Cela
  • Universidad Eclesiástica San Dámaso
  • Universidad Pontificia Comillas
  • Universidad Pontificia de Salamanca
  • Campus Arrupe
  • Campus IESE Business School
  • Campus Monte del Pilar Mapfre
  • Campus de la Dehesa de la Villa de la Universidad Pablo de Nebrija

Getting there and around

Madrid is served by Adolfo Suárez Madrid-Barajas Airport (MAD). The main train stations are Madrid Atocha railway station and Madrid-Chamartín-Clara Campoamor railway station. The urban rail network includes Metros Ligeros de Madrid with 1 light rail line, Metros Ligeros del Oeste with 2 light rail lines, and Metro de Madrid with 12 metro lines.

The country’s paperwork

A monthly rental is signed as a temporada contract, a lease for a use other than permanent housing, which states the temporary cause (work, studies and the like) (Ley 29/1994, de Arrendamientos Urbanos (LAU), artículo 3). The legal deposit (fianza) in a temporada contract is 2 months' rent, while it is 1 month's rent for a permanent home (Ley 29/1994 (LAU), artículo 36).

Citizens of the European Union who stay in Spain more than 3 months must ask to be entered in the Registro Central de Extranjeros and get a registration certificate (certificado de registro de ciudadano de la Unión) (Real Decreto 240/2007, artículo 7).

Empadronamiento is the registration at the town hall (ayuntamiento) of the municipality where a person lives; everyone who lives in Spain must register. It is done with the rental contract and is asked for to obtain the public health card and for many procedures (Ley 7/1985, Reguladora de las Bases del Régimen Local, artículos 15 y 16).

The NIE (Número de Identidad de Extranjero) is the identification number of a foreigner in Spain. It is needed to work, to pay taxes and for most official paperwork; landlords and banks often ask for it, and a rental contract can also be signed with a passport. It is applied for at a police station or foreigners' office in Spain, or at a Spanish consulate abroad (Real Decreto 557/2011 (Reglamento de Extranjería), artículo 206).

Citizens of countries outside the European Union need a visa that depends on the reason for the stay (work, studies, remote work, non-lucrative residence); the Spanish consulate says what it asks for (Ley Orgánica 4/2000 y, para el teletrabajo internacional, Ley 28/2022).

Frequently asked questions

How much does it cost to rent a room in Madrid?

The median rent is 625 €; half of the listings are between 531 € and 735 €.

How much does it cost to rent a studio in Madrid?

The median rent is 1,250 €; half of the listings are between 950 € and 1,665 €.

How much does it cost to rent a one-bedroom flat in Madrid?

The median rent is 1,900 €; half of the listings are between 1,460 € and 2,358 €.

How much does it cost to rent a flat with two or more bedrooms in Madrid?

The median rent is 2,780 €; half of the listings are between 2,216 € and 3,630 €.

Other cities in Spain

Flats by the month in Madrid

Flexsirent offers furnished homes for stays of 1 to 11 months in Madrid.