Housing near IE Business School
Founded in 1973, IE Business School is one of the world's leading business schools and the core of IE University, consistently ranked among the top institutions globally for its MBA, master's and executive education. Its campus sits along María de Molina, in Madrid's upmarket Salamanca district near the Paseo de la Castellana, a short walk from the city's business spine. With a famously international student body and a tech-driven campus, IE places its students in one of Madrid's most elegant and best-connected areas.
According to the Spotahome Rent Index 2026, these are the available accommodation in Madrid options and their average price by property type.
| Available accommodation | Total | Average price |
|---|---|---|
| Rooms in Madrid | +7,700 | 650 € |
| Apartments in Madrid | +3,300 | 2,000 € |
| Studios in Madrid | +1,300 | 1,350 € |
| Residences in Madrid | +500 | 1,100 € |
Best neighbourhoods near IE Business School
These are the four areas closest to the María de Molina campus, chosen for their proximity to IE and the amount of accommodation available nearby:
- Castellana: the campus's own area, an elegant strip along Madrid's main avenue, with offices, embassies and quick transport. Apartments in Castellana average around 3,036 €, while shared rooms sit close to 675 €.
- Lista: a refined Salamanca neighbourhood of handsome buildings and quiet streets, just south of the campus. Rooms in Lista average around 650 €, with apartments near 2,771 €.
- El Viso: a leafy, exclusive district of low-rise villas north of the campus, calm and green. Apartments in El Viso average about 3,217 €, with rooms near 750 €.
- Guindalera: a lively, more affordable Salamanca neighbourhood east of the campus, popular and well connected. Apartments in Guindalera average around 2,000 €, the most affordable of the four, with rooms near 675 €.
Across these four neighbourhoods there are more than 600 properties available near IE Business School, and every Spotahome listing is fully furnished and ready to move into the day you arrive.
What you should know about IE Business School
IE is best known for its MBA, its master's in management and finance, and a large executive education portfolio, all taught with a strong focus on entrepreneurship, technology and innovation, mostly in English. Its cohorts are intensely international, drawing participants from well over 100 countries, so the surrounding Salamanca district is well used to welcoming people from abroad. The María de Molina campus sits among offices and embassies along the Castellana, with the Retiro park, the city's museums and the business district all within easy reach. For programme details, dates and admissions, the official IE Business School website is the best reference.
Erasmus Life at IE Business School and in Madrid
IE runs an extensive exchange network with partner schools around the world, welcoming international and exchange students throughout the year, with support handled through its international programmes. Living in Madrid as an international student means a warm, sociable capital with a huge cultural calendar, cheap and efficient public transport and a young population spread across many universities. Student clubs and the city's exchange networks run constant events, trips and socials, which makes settling in quick and easy.
How to get to IE Business School from Madrid city centre
The María de Molina campus is very well connected to the centre:
- Metro lines 7 and 10: Gregorio Marañón station is a few minutes from the campus.
- Metro lines 6 and 9: Avenida de América and República Argentina are within walking distance.
- Bus and Cercanías: numerous bus lines run along the Castellana, and Nuevos Ministerios links the campus to the wider rail network.
Common questions (FAQ) about renting near IE Business School
Which are the best neighbourhoods for students near IE Business School in Madrid?
The top student areas combine a genuine young scene with a short ride to the María de Molina campus.
- Guindalera: affordable, lively and well connected, popular with students, with rooms in Guindalera around 675 € and a short metro or bus ride to campus.
- Goya: a central, sociable Salamanca neighbourhood full of shops and bars, with rooms in Goya near 700 € and an easy connection to IE.
- Castellana: right around the campus, ideal if you want to walk to class, with rooms in Castellana around 675 €.
For value and a young crowd, Guindalera and Goya lead; for the shortest commute, Castellana is unbeatable.
How much does student accommodation near IE Business School cost?
The Spotahome Rent Index 2026 gives clear price ranges for the neighbourhoods around the campus.
| Accommodation type | Average price | Properties |
|---|---|---|
| Room in a shared flat | 650 € - 750 € | 322 |
| Studio | 1,250 € - 1,800 € | 57 |
| Whole apartment | 2,000 € - 3,217 € | 170 |
A room in a shared flat is by far the most popular choice near IE, keeping costs down in an upmarket district and making it easy to meet people early on. If you would rather have your own space, a studio in Guindalera is a self-contained option close to campus, with an average price around 1,800 € and bills included in a good share of listings, so check what each monthly figure covers.
When should I start looking for accommodation near IE Business School?
Start early, because central Madrid fills up fast before each intake.
- IE's main intakes fall in autumn and spring, so demand peaks in the weeks beforehand.
- Booking two to three months ahead gives you the widest choice in Salamanca and the Castellana area.
- Reserving online before you arrive lets you sign from home and move straight into a furnished flat.
A search a couple of months out is the calmest way to secure a good room.
How does Spotahome verify properties and what happens if the apartment doesn't match the listing?
Every home goes through a listing verification process before it goes live, so the photos and details match the real property.
- If the flat doesn't match the listing when you arrive, report it within the first 24 hours.
- The Spotahome team then helps resolve it, by mediating with the landlord or arranging alternative accommodation.
It is a practical safety net when you are booking a home from abroad.
How much deposit do I have to pay? And when is it returned?
The deposit is set by each landlord, usually one or two months' rent.
- On listings tagged "Deposit protected", if the landlord fails to return it within three months of move-out and you met the contract terms, Spotahome refunds it to you directly.
- Many properties also come with no deposit at all, and you can filter for these in the search.
Check the listing before booking to see which option applies.
Do I need a guarantor to rent on Spotahome?
No, you do not need a local guarantor or a Spanish payslip to book.
- To reserve, you usually only need your ID or passport, your acceptance letter or student or worker credentials, and a payment method.
- Once the landlord accepts your booking, they may request proof of solvency and a bank direct debit to finalise the contract.
Having these ready in advance keeps the last step quick and smooth.
What is included in the monthly rent? What is not?
The monthly price always covers the rent, the property tax and the building service charges. Many listings also bundle utilities (electricity, gas, water and Wi-Fi), although not every property does. Some apply a fixed monthly fee instead. Personal items and food are never part of the rent, and optional extras such as weekly cleaning or a parking space are usually charged on top. Read each listing carefully before booking to know exactly what's covered.
Why is Spotahome the best option for Erasmus and other students at IE Business School?
Spotahome is the ideal platform for IE Business School students because it offers:
- A wide choice near IE: more than 600 homes in areas like Castellana, Guindalera and Lista, many less than 15 minutes from campus.
- Affordable options: over 300 rooms in shared flats, with an average price around 690 €/month and bills included in many cases.
- 100% online booking: you can rent from any country or city before you even arrive in Madrid.
- Flexible contracts: stays of 3 to 11 months, ideal for exchange terms, with room for shorter or longer periods too.
- Lower cost: commissions are lower than those of traditional estate agencies.
Spotahome has been helping students find accommodation since 2014, and more than 200,000 have already booked with us.