Average Rental Prices in Madrid Neighborhoods

SafeStays
May 11, 2026By SafeStays

Rental prices vary significantly by district in Madrid. Premium areas command higher rates, while outer districts remain more affordable.
Neighborhood
Approx. €/m² Monthly
Salamanca
€26–28
Chamberí
€24–26
Retiro
€22–24
Centro / Lavapiés
€20–22
Arganzuela
€17–19
Vallecas / Villaverde / Carabanchel