Madrid rental market 2026: asking rents by district
This page gives one public reference for Madrid city and a district table of asking rents measured on listings that Prio detected between March and June 2026 and rechecked on 15 October 2026. Asking prices are what landlords ask, not what contracts are signed at.
What is the average rent in Madrid in 2026?
Idealista's price index for June 2026, as reported by Merca2 on 20 July 2026, puts the asking rent in Madrid city at 23.7 euros per m² per month, 7.6% higher than a year earlier, and the Comunidad de Madrid at 21.7 euros per m². The same report describes Madrid as the large city without rent caps with the biggest annual rise. For a typical 80 m² flat, 23.7 euros per m² is about 1,900 euros a month. These are asking prices from Idealista listings.
In Prio's sample of 4,958 Madrid city rental listings (1 March to 15 June 2026) the average asking rent was about €1,876 a month, or about €26 per m². The two figures differ because the sources, periods and filters differ; use each one to compare districts or years within the same source, not against the other.
Asking rent by district
Districts with at least 100 listings in the sample, ordered by €/m². The €/m² column removes the effect of flat size.
| District | Listings | Average asking rent | Average size | €/m² |
|---|---|---|---|---|
| Villa de Vallecas | 105 | €1,307 | 49 m² | €34.4 |
| Barrio de Salamanca | 606 | €2,619 | 89 m² | €30.4 |
| Centro | 1,067 | €1,880 | 68 m² | €29.7 |
| Chamberí | 562 | €2,261 | 87 m² | €27.5 |
| Tetuán | 357 | €1,629 | 69 m² | €27.2 |
| Arganzuela | 219 | €1,549 | 65 m² | €25.9 |
| Retiro | 207 | €2,120 | 87 m² | €25.8 |
| Chamartín | 287 | €2,276 | 94 m² | €25.1 |
| Moncloa | 200 | €2,182 | 107 m² | €23.7 |
| Hortaleza | 152 | €1,993 | 100 m² | €22.2 |
| Puente de Vallecas | 151 | €1,119 | 59 m² | €21.8 |
| Latina | 178 | €1,186 | 60 m² | €21.6 |
| Ciudad Lineal | 219 | €1,440 | 71 m² | €21.4 |
| Carabanchel | 160 | €1,301 | 69 m² | €20.5 |
| Fuencarral-El Pardo | 132 | €1,599 | 88 m² | €19.8 |
Centro, Barrio de Salamanca and Chamberí are among the highest per square metre, and the outer districts (Fuencarral-El Pardo, Carabanchel, Ciudad Lineal) are among the lowest. Small samples in a district can move an average, and Villa de Vallecas, with small flats, is a good example of why you compare €/m² with the flat size in mind. Listings without a district recorded are left out of the table.
What a renter does differently in Madrid in 2026
- Price-check against the district, not the city. A flat priced far under the €/m² of its district is a reason to run it through the listing checker and read how to spot fake listings before you send documents or money.
- Prepare the file for what agencies ask, not for a rumour. Requests such as a guarantor, extra months or a Spanish bank account are agency practice, not law. The legal limits on deposit and additional guarantees are in the documents checklist; check any request against them.
- Be among the first on new Idealista listings. Prio sends each new Idealista listing that matches your Madrid search to Telegram, at least 2 minutes ahead of Idealista push notifications.
Method
Prio figures: rental listings in Madrid city detected on Idealista between 1 March and 15 June 2026, filtered to asking rents between €200 and €10,000 a month and a surface of at least 15 m², recomputed from Prio's market database on 15 October 2026. Averages are asking prices, not closed rents. Public reference: Idealista price index for June 2026, reported by Merca2 (secondary source; the original report was not available to check).