Close

Accommodation in Madrid

Recommend

If you wish to settle in Madrid, it is important to inquire on its rental market beforehand. But the Spanish capital city has many attractive neighborhoods.

Madrid, the Spanish capital city, welcomes thousands of expatriates from across the globe every year. This city has been attracting large numbers of visitors not only for its cultural and historical richness but also for the career opportunities which are available there. So if you have decided to settle in Madrid, finding accommodation will be one of your priorities even before moving to Spain. But this should not be difficult since the city has a variety of accommodation for all tastes, namely apartments, studios, houses, etc.

 Good to know:

Madrid is known to be the most densely populated Spanish city with nearly 3,2 million inhabitants in 2015, including a large number of expatriates from European Union countries and other parts of the world.

Neighborhoods

Madrid is divided into 21 districts, namely Central, Arganzuela, Retiro, Salamanca, Chamartin, Tetuan, Chamberi Fuencarral, Latina, among others. These districts are divided into 129 districts, including Palacio Embajadores Cortes, Universidad Sol, Goya, Lucero, El Viso, Rios Rosas, etc. Some of these are industrial and commercial areas, while others are primarily residential areas. Madrid's most popular neighborhoods are Sol, La Latina, Lavapies and Chueca.

Moncloa and Argüelles, which are found in the North of Madrid, mainly host students while Sol and Huertas and Goya are known to be the tourist areas. Latina, for its part, is famous for its architecture, as well as its markets and commercial streets. Lavapies is a multicultural neighborhood where you can enjoy the region’s artistic and gastronomic heritage. In fact, you will find many bars, pubs and restaurants. However, safety issues often arise there. So as anywhere else in the city, you are advised to be careful.

As for Malsana, it abounds of department stores, malls and fashion boutiques, bars, restaurants, as well as a range of modern housing. In Madrid de las Austrias, you are likely to find colonial buildings and elegant and luxurious homes.

Rent prices

Rent prices in Madrid are quite high compared to other Spanish cities. These obviously vary according to the different neighborhoods, types of housing and comfort level. Thus, you will need an average of 650 euros per month to rent studio. For an apartment, you will need around 1,200 euros monthly. 

Students may opt for room sharing or flat sharing. This should cost some € 400 to € 550 monthly. 

 Good to know:

Note that short term rental prices can increase by 20-50%. Hence, long term rental is recommended unless you are making a short stay in Madrid. In this case, you could stay in a hotel or a in an apart-hotel.

In all cases, regardless of the type of accommodation you are looking for, consider browsing ads on the Internet and in local newspapers. Feel free to contact owners as well for more information on their offers. In general, online ads are quite short and do not include details about the offers. 

 Useful links:

Expat.com - Housing in Madrid 
Tu Casa www.tucasa.com
En Alquiler www.enalquiler.com
Idealista www.idealista.com
Mil Anuncios www.milanuncios.com

Recommend
expat.com Your favourite team
Member since 01 June 2008
Small earth, Mauritius
Write a comment

See also

Rent prices are quite high in Barcelona just like in Madrid. But this major Spanish city has a wide range of accommodation options for all tastes.
Accommodation offers are abundant in Malaga, one of the major Spanish cities. It is also one of the cities where rent prices are more affordable.
Each of Sevilla's districts and neighborhoods is unique, representing a blend of traditions with modernity. Discover the accommodation options in Sevilla.
Tenerife is one of Spain's main tourist destinations in Spain. Hence, it offers a wide range of accommodation options: hotels, apartments, houses, etc.
Valencia's different neighborhoods offer quite a warm with a friendly atmosphere. Moving to Valencia shall definitely be an unforgettable experience.

Expatriate health insurance in Spain

Free advice and quotation service to choose an expat health insurance in Spain

Moving to Spain

Find tips from professionals about moving to Spain

Travel insurance in Spain

Enjoy a stress-free travel across Spain

Flights to Spain

Find the best prices for your flight tickets to Spain