Is Madrid affordable?

Spain has very affordable housing in comparison to other countries in Europe. The capital may be one of the most expensive cities to live in the country, even with that, you will most definitely find something in your budget. Find out average prices for what you’re looking for on Spotahome’s website. Whether it’s a room in a shared apartment, or an entire accommodation: Spotahome has it all.

Where can I find the cheapests apartments in Madrid?

The cheapest apartments are found in the outer neighbourhoods from the centre. However, those who want to indulge into the centre’s liveliness can still find affordable options. Prices tend to fluctuate and this can either be in your favour or not. A bit north of the centre is home to Barrio de Chamberí. Filled with both modern and traditional affordable housing options and home to many expats. Or live like a local south of Retiro. Pacifico and Delicias won’t empty out your bank account and are just a couple metro stops from where all the action is happening! Take advantage of the local shops and groceries which tend to be cheaper in these areas.

What can be included in a cheap apartment in Madrid?

Cheap apartments can include different amenities and utility bills. We know how unpredictable utility bills can be. Spotahome has a large selection of accommodations that have all of your bills included in the rent price, sometimes including wifi! That way, you’ll always know what you’re paying for and no more unpleasant surprises at the end of the month.

Is it cheaper to rent a furnished apartment in Madrid?

Finding a furnished apartment in Madrid might be the best decision for you if you’re planning on a medium-short term stay. Renting an apartment that is move-in-ready will take a tremendous weight off your shoulders. It’s strongly recommended to find places that are already furnished. You don’t want to be left with tons of furniture and not know what to do with it once your contract is over! Most apartments on Spotahome have already furnished apartments that are waiting to be filled with all your personal belongings.

If I can't find a cheap apartment in Madrid, what options do I have?

If you’re having a difficult time finding a cheap apartment in Madrid, there can be many factors that come into play. Some of these factors can depend on availability, or if there is a high influx of people moving to the city at once. These are usually predictable during a certain period. Find yourself a short term stay until the storm of people looking for rent blows over. Spotahome has landlords that offer short term stays for as little as a month. Another option is to look for rooms in shared apartments . If you are new to the city it could be also a great way to first make new friends.

Cheap apartments for rent in Madrid

Apartments available in Madrid

🏠 Nº of properties	2,893 flats and apartments for rent
💵 Minimum monthly price	starting from €450
✔️ Verified properties	2,210 homes
💰 Deposit not required	235 rentals
🐶 Pets allowed	649 properties
🎓 Ideal for students	1,914 accommodations
💖 Ideal for couples	1,980 accommodations
☀️ With balcony/terrace	1,125 homes

Cheap apartments for rent in Madrid

Apartments available in Madrid

1-bedroom apartment for rent in Retiro, Madrid

1-bedroom apartment for rent in Retiro, Madrid

1-bedroom apartment for rent in Recoletos, Madrid

1-bedroom apartment for rent in Retiro, Madrid

1-bedroom apartment for rent in Recoletos, Madrid

1-bedroom apartment for rent in Retiro, Madrid

1-bedroom apartment for rent in Recoletos, Madrid

2-bedroom apartment for rent in Madrid, Madrid

2-bedroom apartment for rent in Madrid

4-bedroom apartment for rent in El Viso, Madrid.

2-bedroom apartment for rent in Cuatro Caminos

1-bedroom apartment for rent in Sol, Madrid

Apartment for rent in Goya, Madrid

2-bedroom apartment for rent in Estrella, Madrid.

1-bedroom apartment for rent in Madrid

3-bedroom apartment in Niño Jesús, Madrid.

3-bedroom apartment for rent in Cuatro Caminos, Madrid

1-bedroom apartment for rent in Salamanca, Madrid

2-bedroom apartment for rent in Madrid, Madrid

2-bedroom flat for rent in Universidad, Madrid

Furnished 2-bedroom apartment for rent in Castellana

2-bedroom apartment for rent in Universidad, Madrid.

2-bedroom apartment for rent in Palacio, Madrid

2-bedroom apartment for rent in Cortes, Madrid

2-bedroom flat for rent in Legazpi, Madrid

Apartment for rent in Ventas, Madrid

2-bedroom apartment for rent in Almagro, Madrid

2-bedroom apartment for rent in Sol, Madrid

2-bedroom apartment for rent in Goya, Madrid.

2-bedroom apartment for rent in Argüelles, Madrid

2-bedroom apartment for rent in Universidad, Madrid

2-bedroom apartment for rent in Valdefuentes, Madrid

2-bedroom apartment for rent in Chamartín, Madrid

2-bedroom apartment for rent in Nueva España, Madrid

2-bedroom flat for rent in Nueva España, Madrid

2-bedroom apartment for rent in Nueva España, Madrid

2-bedroom apartment for rent in Salamanca, Madrid

2-bedroom apartment for rent in Chamberí, Madrid

2-bedroom apartment for rent in Universidad, Madrid

Furnished 2-bedroom apartment for rent AZCA

2-bedroom apartment for rent in Madrid, Madrid

Apartment for rent in Almagro, Madrid

3-bedroom apartment for rent in Castilla, Madrid

2-bedroom apartment for rent in Goya, Madrid

3-bedroom flat for rent in Pacífico, Madrid

4-bedroom apartment for rent in Valderrivas, Madrid

2-bedroom apartment for rent in Aravaca, Madrid.

Whole 3 bedrooms apartment in Madrid

More apartments and rentals in Madrid

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Information about our rentals in Madrid