Cheap apartments for rent in Madrid

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Most popular cheap apartments for rent in Madrid

Are you popular and a bit cheap? We have the apartment to match.

When it comes to renting in Madrid, you can find an apartment to suit any budget. You won’t get a fountain and an orangery, but you'll be in a cool barrio in one of the funnest cities on the planet.

Some of the coolest neighbourhoods are found outside the city centre, but the metro keeps you well connected. Cheap apartments are fun-sized, simply furnished, and most are set up for you to move right in.

Anyway, pretty much 100% of the apartments on Spotahome are furnished. Yep, even the cheap ones. So, here is our selection of popular cheap apartments for rent in Madrid:

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We love...

  • The living/dining/kitchen area is spacious with plenty of room
  • The table can be used as a desk or be folded out as a dining-room table for entertaining
  • There is a huge closet for storage
  • The bathroom is ensuite

To keep in mind

  • Kitchen equipment is not included in this apartment, meaning you would have to buy your own cutlery
  • The bedroom only has a single bed, meaning that the apartment would only be for one person
560 €/month
-Cozy rented apartment in Chamberi, Madrid

This 35 m² studio apartment is located on Calle de Vallehermoso in the Ríos Rosas neighborhood of Madrid. The studio is well furnished, and has lots of floor space, with a double sofa-bed to save space during the day. There is also access to a small interior patio. This apartment is ideal for someone looking to live in vibrant Chamberí with a balance of plenty of activity, lots of amenities, and great transport options. The fantastic Centro Deportivo Canal de Isabel II is mere footsteps from your apartment.
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We love...

  • Relaxing in the stylish living – siesta time on the sofa?
  • Shopping up a storm at the local boutiques – you've got plenty of storage space for your threads.
  • Exploring the local restaurants – there are plenty to choose from around here.

To keep in mind

  • There is no Wi-Fi currently installed. Break free from your Facebook feed.
  • There’s no AC – time to invest in a fan?
  • There is a washing machine but no dryer – no probs, just grab yourself a rack.
  • There is no oven in the kitchen. There is a stove though, so you can still show off your chef skills.
575 €/month
-1-bedroom apartment for rent in Malasaña, Madrid

**The inner-city nook** _Because I seek a hip central spot._ **Will I like it here?** We think so. Are you looking for an eclectic, diverse and happening barrio? Who isn't? Malasaña goes its own way, and you should too. **Really? Tell me more...** You will love this cozy, and very cute 1-beddy. It's basic, compact, and functional. Everything you need and nothing you don't. We think it’s ideal for anyone looking for a lively, central spot. Malasaña is full of cool bars, restaurants, live music venues and boutique shops. **Your top 3 reasons to live here:** - The cosy living room. - There is plenty of storage in the bedroom. - Central is better. Walk to your favourite bar. **But you need to know this...** - This apartment is internal and doesn't get a lot of natural light. The bedroom doesn't have an exterior window. Great for the Sunday morning sleep in. **And this...** - This apartment is definitely on the small size, but ideal for those that live life out amongst the action. **Our Homechecker, Marcos, said:** _“I loved this property. It’s stylish and in a really cool neighbourhood.”_ **Give it to me straight…** This is a lovely 1st floor, 1-bedroom apartment on Calle Velarde, Madrid. It's compact and cosy, with a comfortable living area. We think this apartment is perfect for on the go professionals. Life happens outside in this fun city, and it's all right outside your door.
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We love...

  • The apartment has been recently renovated with brand-new paint
  • The bedroom has a double bed and plenty of storage space and has an en-suite bathroom
  • The dining room table can expand to give you a bigger living/dining/entertaining area
  • The open kitchen is equipped with a microwave, coffee maker, and an electric stove

To keep in mind

  • Utilities (water, gas, electricity, heating, and WiFi) are NOT included in the price of rent
  • The apartment is located in a building without an elevator, meaning that it’s a walk-up building
600 €/month
-Interior rented apartment in Malasaña, Madrid

This one-bedroom, one-bathroom interior apartment is located on Calle de Alberto Aguilera in the Argüelles section of Madrid. Within walking distance of hip Malsaña and within easy reach of the center of Madrid, the apartment finds itself in one of Madrid’s most popular residential and student neighborhoods. In fact, the apartment is just across the street from the Alberto Aguilera campus of the Universidad Pontificia de Comillas, home of the world-famous ICADE Business School. The area of the apartment is 40 m2.
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We love...

  • There is a cute living room area adjacent to the kitchen
  • The kitchen is equipped with a fridge, microwave, and an electric stove
  • The bedroom has a double bed with an en-suite bathroom

To keep in mind

  • The apartment is an interior apartment, meaning that there are no exterior views
  • Only a curtain hides the different storage components in the closet
600 €/month
-Ideal 1-bedroom apartment in Salamanca, Madrid

This one-bedroom. one en-suite bathroom interior apartment is located on Calle Cartagena in the Guindalera section of Madrid’s Salamanca district, right at the border with Chamartín’s Prosperidad neighborhood. This studio is ideal for someone studying at IE Business School due to its proximity to campus in walking distance. The area of the apartment is 24 m2.
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We love...

  • We loved the fresh, clean vibe of this apartment.
  • The kitchen is compact and functional - what more do you need?
  • Enjoy a summers night sat out on the balcony - drink in hand.

To keep in mind

  • This apartment is compact so all space is valuable.
from750 €/month
-Lovely 1-bedroom apartment for rent in Usera, Madrid

This is a nice 1-bedroom apartment for rent on Calle Antonio Prieto. The living room and kitchen area are open concept. Here, you'll find a comfy sofa, elegant 2-seat dining table and chairs, and bright light that shines in from French doors. There's a washing machine in the kitchen area, which is very convenient. The bedroom has a double bed and a window to let in light. And there's a lovely balcony where you can get some fresh air and relax. This neighborhood is located to the south of the city center. But if you enjoy having access to lush green spaces, then this is the place for you. Within a 10-minute walk, you can reach Parque Emperatriz María de Austria, Parque de Pradolongo, and OLOF PALME Park. And there's a soccer field, sports complex, and the Orcasitas-CAU Metropolitan Rugby Club within walking distance, too.
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We love...

  • The apartment has air conditioning.
  • The kitchen can be closed away into the wall.
  • The bathroom is modern and bright.
  • There is plenty of storage space throughout.
  • You will find a supermarket nearby.

To keep in mind

  • The kitchen is not equipped, so you will have to bring your own utensils.
  • There is no oven, but there is a microwave.
  • Wi-Fi is not installed, so you will have to arrange this if you require it.
620 €/month
-1-bedroom apartment for rent in Tetuán, Madrid

This 1-bedroom apartment for rent on Calle Otamendi in Tetuán is 28 m² and has a living room, a kitchen and a bathroom. This is a stylish apartment with skylights providing excellent natural light and stunning wooden floors. Home to attractions such as the Santiago Bernabeu Stadium and Paseo de la Castellana, Tetuán is a vibrant area with lots to offer. With a metro station nearby, residents have easy access to the city centre and surrounding neighbourhoods.
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We love...

  • The kitchen all closes away to look like a large closet - a great space and clutter saving mechanism.
  • Who doesn't love a spiral staircase?
  • Calle Bravo Murillo has everything. Banks, supermarkets, clothing stores, restaurants, fast food. Everything you need for day-to-day life, right on your doorstep.
  • If you're hungry, explore the local area. Tetuán has some fantastic hidden restaurants.

To keep in mind

  • Wi-Fi is not installed in the property. You will be responsible for contacting a service provider.
  • There is no oven, but there is a 2-burner electric stove and microwave.
620 €/month
-Bright 1-bedroom duplex apartment for rent in Tetuán, Madrid

This stylish and bright 1-bedroom apartment is available to rent in Tetuán. The apartment is a duplex, with a roomy open-plan kitchen and living area downstairs, and the bedroom and bathroom upstairs. Everything is finished in contemporary style, and lots of light streams through the large windows. There is AC both upstairs and down. Located on Calle de los Molinos, the studio is conveniently located near a metro stop and a major commercial avenue: Calle Bravo Murillo. You can easily get around town, but have everything you need within walking distance. There are also multiple grocery stores, banks, a post office, and delicious restaurants to discover.
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We love...

  • The apartment is nicely presented throughout.
  • The windows in the living area and bedroom offer lovely street views.
  • The bathroom is very stylish and has tiled floors and walls.
  • There is plenty of storage space for your personal items.
  • Beautiful Parque del Oeste is within walking distance of the property.

To keep in mind

  • The kitchen has an electric stove and microwave but dining and cooking equipment is not provided.
  • There is no television in the apartment.
625 €/month
-Modern 1-bedroom apartment for rent in Moncloa, Madrid

This modern, 1-bedroom apartment in Moncloa covers a floor area of 38 m² and comes with a washing machine. The property has a living area, an ensuite bathroom, and a kitchen that is not equipped but offers a stove, microwave and a fridge. The apartment is located on Calle Magallanes in Moncloa, very close to the metro station in one of the best areas to live in Madrid. The lively neighbourhood has many local bars and restaurants to enjoy, and you will also find supermarkets and a range of shops nearby.
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We love...

  • The way that the kitchen can be shut away to make the apartment look tidier is a neat space-saving solution.
  • The living room is comfortable and bright.
  • There is AC in the apartment – a must have in the hot Madrid summer.
  • One of the most popular restaurants in the area, Casa Adriano, is just down the street. It serves Galician cuisine. Yum!
645 €/month
-1-bedroom apartment available for rent in Tetuán, Madrid

This 36 m², 1-bedroom apartment is available to rent on Calle Otamendi in Tetuán. The apartment has new, contemporary fittings, and plenty of storage space. There is a double bed in the bedroom, and in the living room a comfortable sofa, and a dining table. The windows overlook the quiet street. You'll be living on a quiet side street in one of the more residential areas of the city. You won't have to travel far to find all of the day-to-day necessities however, as there are innumerable shops, restaurants, and other amenities lining nearby Calle de Bravo Murillo.
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We love...

  • The property is located nearby a metro station.
  • There is plenty of storage space throughout the property.
  • The apartment has a double bed, which is nice for single tenants or couples.
  • Pets are allowed in the apartment, which makes this an ideal home for pet lovers!
645 €/month
-1-bedroom apartment for rent in Tetuan, Madrid

A pet-friendly, 32 m², 1-bedroom apartment with AC is available to rent in the multicultural neighborhood of Tetuan, Madrid. The apartment has a comfortable bedroom, furnished with a double bed and plenty of storage space for your belongings. The kitchen area is small but useful, and it has all of the basic cooking essentials. The bathroom is clean and well-lit. From Tetuan, you will be located just a short walk from Estrecho metro station and can easily reach Madrid's city center within 20 minutes or less. Tetuan is also well-connected to several of Madrid's most prestigious universities, making this the perfect location for students or Erasmus.
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We love...

  • This apartment has just been renovated, so you will be able to enjoy brand new furniture.
  • We really like the windows - they're placed on the roof, which will give you plenty of sunlight and luckily, Madrid has a lot of sunshine.
  • The kitchen has extra storage space where you can store cleaning products or other belongings.
  • The large living area is very bright, consisting of a dining area and storage space.
  • Air conditioning is available in the apartment to ensure your summers in Madrid will be nice and cool.

To keep in mind

  • While the kitchen does not have an oven, you will have access to a fully functioning microwave.
  • The flat currently does not include kitchen utensils, towels, bed linen nor a television, however the landlord can provide these items at a cost of 60€ a month.
645 €/month
-Sunny one bedroom apartment for rent with AC, Tetuan, Madrid

This luminous one bedroom apartment for rent with air conditioning is located on Calle Otamendi in the diverse district of Tetuan. Featuring windows on the ceiling, it allows plenty of natural light in all rooms, creating a warm atmosphere. The apartment has a large living and dining area, perfect for spending time with your friends. You will be able to make delicious meals in the kitchen and have plenty of rest in your bedroom, equipped with a double bed. The pet friendly apartment also has a bathroom, furnished with a shower, some storage for your toiletries and a large mirror. This is an excellent opportunity for those wanting to live close to the city centre! The surrounding area is full of small cafes and stores where you can do your grocery shopping. Don't forget to try some tapas in the nearby restaurants!
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We love...

  • This apartment has air conditioning to keep you cool during those hot summer nights.
  • The apartment is located in a multicultural and diverse district which has easy access to the city centre.
  • The bathroom has a large, almost full-size mirror and a cosy shower.
  • Storage is this apartment's main feature - there are cupboards and drawers everywhere, in the bedroom, bathroom, kitchen and the living room.
  • As this apartment's pet-friendly, you are welcome to bring along your non-human life companions

To keep in mind

  • Please note that the bedroom doesn't have a window, however, you will have a big window in the living room.
645 €/month
-1-bedroom apartment for rent in Tetuan, Madrid

Looking for a pet-friendly one bedroom flat with air conditioning? This quiet interior apartment is located in the diverse district of Tetuan. It's fully furnished and every room has a unit where you can store your belongings, so you can keep the apartment tidy at all times. The fully equipped kitchen has cupboards and drawers, along with a large fridge and a washing machine. The bathroom features a large mirror and a cosy shower. You can enjoy a good night's sleep in the bedroom with a comfortable double bed. In the the Tetuan area, you can find plenty of supermarkets, along with cafes, shops and restaurants. The apartment for rent is suitable for those who wish to live in a multicultural district and have an easy access to a metro station to reach other areas of Madrid.
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