Cheap apartments for rent in Madrid

Spotahome visits and verifies the property. Just watch the video and book online

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:

Checked
Swipe right to learn more

We love...

  • This apartment comes with a kitchen equipped with all you need to cook.
  • There is a terrace on which to relax in the warm Spanish sun.
  • There is central heating to keep you warm throughout the colder months.
  • There are large windows that let in plenty of natural light.
  • This apartment is in the very centre of Madrid, surrounded by stylish shops and amazing architecture!

To keep in mind

  • This apartment does not have a dryer but you can dry your clothing on the terrace outside.
from180 €/month
-Stylish 2-bedroom apartment for rent in Centro, Madrid

This stylish 2-bedroom apartment is for rent in Calle de los Señores de Luzon in Centro. It comes with a modern kitchen, fully equipped with all you need to cook. The living area is bright and beautifully decorated, and the bathroom is functional, with a bathtub, shower, and storage space. There is also a balcony with lovely street views. This apartment is located in the very centre of Madrid, close to transportation and iconic historical buildings. The area is vibrant and filled with restaurants and stores, and sightseeing is no trouble with the grand Monumento a Victoria Eugenia y Alfonso XIII and the Jardines de Lepanto a short walk away!
View more
Checked
Swipe right to learn more

We love...

  • There is lots of seating in the living room.
  • The road leads onto Gran Vía, where there are lots of shops and bars.
  • Malasaña has a buzzing nightlife, which is great for night owls!
  • There are several comic book stores nearby.
from185 €/month
-Charming 2-bedroom apartment for rent in Malasaña, Madrid

This charming 2-bedroom apartment is available for rent in Malasaña, Madrid. There is a comfortable living room with 2 sofas and 2 armchairs around a coffee table and from which you can watch TV on the flat-screen television. There is also a dining table and chairs in the room. The kitchen is fully-equipped with cutlery and crockery and also has an oven, a microwave, an electric stove, and a washing machine. The 2 bedrooms both have twin beds, and the bathroom has a toilet, sink, and bathtub – why not take a bubble bath and relax in your new home? Located in Malsaña, there are supermarkets, shops, bars, and restaurants everywhere you turn! Your road leads onto Gran Vía, Madrid's main shopping street, where you'll find Zara, Primark, Nike, H&M, and many more! Your road also has multiple comic book stores, book stores, and a Harry Potter store. Lucky, lucky you....
View more
Checked
Swipe right to learn more

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.
View more
Checked
Swipe right to learn more

We love...

  • The living room receives plenty of natural light.
  • The interior patio provides fresh air and a place to dry your clothes.
  • The bedroom is spacious with an en-suite bathroom.
  • There is a Metro stop just 1-minute away.

To keep in mind

  • The bedroom is in the basement.
from575 €/month
-1-bedroom apartment for rent in Puerta del Ángel, Madrid

A lovely 1-bedrom apartment with a small terrace is available to rent near the Metro in Puerta del Ángel. The property has a spacious living room, where you can relax on the cozy sofa, or enjoy a delicious meal at the small dining table. The kitchen has all the basics, including a microwave, a 2-burner stove, a large fridge-freezer, and a washing machine. Outside, you'll enjoy the  4m² private terrace, which has gorgeous tiling. Downstairs in the bedroom, you'll find a comfy double bed and plenty of storage space for all your things. The bathroom is small but practical, with a sizable shower. You'll be living in Puerta del Ángel, a well-connected neighborhood on the Manzanares River to the west of the Madrid city center. Here, you'll find plenty of restaurants, cafes, bars, and shops to try. And, for anything you can't find around home, the nearby Metro will take you right into Madrid's exciting city center!
View more
Checked
Swipe right to learn more

We love...

  • The kitchen in this apartment comes with everything you need to cook including a microwave and the pots and pans.
  • There is a window in the living room so you'll get plenty of natural light.
  • This apartment is close to public transport so if you need to get into the centre of Madrid you can do so in around half an hour.
  • There is heating to keep you comfortable when the weather gets a bit cooler.
  • This apartment has a full-sized refrigerator in the kitchen so you'll have plenty of room for all that fresh produce from the nearby supermarket.

To keep in mind

  • There is a washing machine in this apartment but no dryer, so you'll need to hang your laundry up to dry.
  • There is no AC in this apartment.
from575 €/month
-Modern 1-bedroom apartment for rent in Usera, Madrid

This modern 1-bedroom, 1-bathroom apartment on Rodrigo Uhagon, in Usera has a living room which opens on to the kitchen for a spacious, bright space for you to relax in. The bedroom is well-equipped with a double bed and built-in wardrobe so there is plenty of space for your things. Between the living room and bedroom is a small but functional bathroom with chic tiles. The apartment is located in Usera, a predominantly residential area south of the city centre. There are some lovely parks around this peaceful barrio, as well as plenty of shops and restaurants. If you're in Madrid to get those insta-perfect snaps, you'll love that the Plaza de la Villa and Temple of Debod are easily accessible by the Metro and bus.
View more
Checked
Swipe right to learn more

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.
View more
Checked
Swipe right to learn more

We love...

  • The apartment is very bright as it has large windows.
  • We liked the apartment's residential location.
  • The apartment is well-connected to the rest of Madrid.
  • We liked the two level floor plan - very spacious!
from600 €/month
-1-bedroom apartment for rent in Puerta del Ángel, Madrid

Moving to Madrid? You definitely love this 1-bedroom apartment for rent on Calle Antonio Zamora in Puerta del Ángel. Modern and renovated, you’ll feel right at home here. Split between two levels, this apartment is perfect for one to two people. On the first floor, you’ll find a sofa, some shelving, and a bright window. The kitchen comes fully equipped with a fridge, washing machine, and other essential appliances. The bedroom has a double bed and is located on the second floor. The bathroom has a modern look with a toilet, sink, and shower. Puerta del Ángel is a tranquil neighborhood located right by the Palacio Real and Príncipe Pio. More residential than other parts of Madrid, you’ll love the authentic vibes. Try different local restaurants around the apartment, such as Sabores. Supermarkets nearby include DIA.
View more
Checked
Swipe right to learn more

We love...

  • The television can be enjoyed from a comfortable sofa.
  • The kitchen is equipped with a refrigerator, oven, and microwave.
  • The apartment is on the ground floor, and is accessed via a shared patio.
  • The bathroom is tidy and nicely tiled.
  • The Metro station nearby serves a circular line that can take you around the city.

To keep in mind

  • The apartment is away from the city centre, but you can access the Metro nearby.
from600 €/month
-1-bedroom apartment for rent in Lucero, Madrid

This 1-bedroom apartment on Calle Carlos Fuentes, in Lucero, is interior and covers an area of 50 m². The fully furnished property has an open plan kitchen and living area with a sofa bed, 1 bathroom, and a bedroom with a double bed and plenty of storage space. The apartment is located in a quiet area, 5 minutes from Lucero Metro. The lovely Cuña Verde de Latina Park is located nearby, and you will find a range of shops and restaurants within walking distance.
View more
Checked
Swipe right to learn more

We love...

  • Enjoying the fashionable open-plan layout – from the dining table to the couch in seconds.
  • Adding your own flair – there's some artwork in the bedroom to get you started.
  • Getting rowdy at the Santiago Bernabéu – football fan or not, it's a good time.

To keep in mind

  • There is a washing machine but no dryer – no probs, time to invest in a rack.
from600 €/month
-Furnished 1-bedroom apartment for rent in Tetuán, Madrid

**The Tetuán ticket** _Because I want to live local like a local._ **Will I like it here?** We think so. If it's a slice of local life you seek, this tidy 1-beddy could be just the ticket. **Really? Tell me more...** You will love Tetuán. It's outside the tourist shuffle, but close to the city and the campus. It's got that authentic feel, where the barman knows your name. We think it’s ideal for those wanting something minimalist, affordable and functional. The neutral decor gives you a blank canvass to create your ideal ambience. **Your top 3 reasons to live here:** - The open-plan kitchen and living. - The artwork on the walls is a nice touch. - The Santiago Bernabéu is close by. **But you need to know this...** - This kitchen is compact, but you'll have everything you need to whip up a meal. Or, you could just eat out. There is no shortage of restaurants around here. **Give it to me straight…** This is a cosy 1-bedroom apartment on Calle Berruguete, Madrid. The style is in the simplicity, with open-plan living and a compact kitchen. This apartment is perfect for a couple of professionals or students. It's outside the hustle, but the campus and the city centre are both a short Metro ride away.
View more
Checked
Swipe right to learn more

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.
View more
Checked
Swipe right to learn more

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.
View more
Checked
Swipe right to learn more

We love...

  • The apartment is cosy and well-furnished.
  • The decor is elegant.
  • The living room is nice for relaxing in.
  • The location is very convenient as it is close to the metro.
from625 €/month
-1-bedroom apartment for rent in Tetuán, Madrid

This 1-bedroom apartment on Calle Garellano, in Tetuán, has an open plan kitchen and living area with a sofa, washing machine, and dining table. There is 1 bathroom with a shower, and the bedroom is equipped with a double bed and wardrobe. The apartment has elegant decor and comes very well-furnished with everything you need for a comfortable stay. The apartment is conveniently located only 4 minutes from the Metro. This lively multicultural neighbourhood will make a fantastic base to explore the city, with shops, cafes, and restaurants right on your doorstep. The apartment is also perfect for students studying in the Polytechnic University of Madrid.
View more