Real rental prices, housing mix and market trend in Cuatro Caminos.
Median rent
€1,600/month
Mean: €1,870/month
Price per m²
23.8€
Madrid: 24.6€/m²
Trend
↓ 5.0%
€/m² vs previous period
Listings analyzed
208
Idealista listings
Prices, percentages and counts are calculated from Idealista listings of the last few months.
Cuatro Caminos is the good end of Tetuán, the cheapest district inside the M-30 ring road and one of the most searched in Madrid. The roundabout it is named after is a traffic and metro junction; walk on from it, towards Ríos Rosas and the Castellana, and the neighbourhood settles into an ordinary residential grid with a market, local shops and unpretentious bars.
It is the best value of the ten neighbourhoods here: 23.8€/m², the lowest in this selection and below the city average, for a median flat of 75 m². For 1,600€ you rent a visibly bigger flat than the same money buys in Malasaña. AZCA and the Castellana office corridor are next door, so many people who work in those towers live ten minutes from their desk.
It is not a pretty neighbourhood in the tourist sense. There is traffic, there is plain 1960s architecture, and there is no postcard here. In exchange you get space, a first-rate metro interchange, and none of the premium you pay for a central address.
Transport: metro lines L1, L2 and L6 (Cuatro Caminos), L1 (Alvarado, Ríos Rosas) and the Nuevos Ministerios interchange (L6, L8, L10).
39% of rental flats in Cuatro Caminos have two bedrooms, followed by 30% with one bedroom. Studios make up 6% of the supply, and flats with four or more bedrooms, 9%.
Lift. 73% of rental homes here have a lift. Close to three quarters of flats have a lift. The neighbourhood grew with blocks built between the 1950s and the 1970s, though some lower, older buildings without one remain.
Private landlord or agency. 8% of listings are posted by a private landlord, against 92% that come through an agency. As in most of Madrid, the supply is dominated by agencies.
The median rent in Cuatro Caminos is €1,600 a month. Most flats let for between €1,300 and €2,300 a month: a quarter of the supply falls below €1,300, and another quarter goes above €2,300.
Per square metre that works out at 23.8€/m². Applied to real floor areas, a 50 m² flat lands around €1,190 a month, a 70 m² flat around €1,670, and a 90 m² flat around €2,140.
Against the city as a whole, Cuatro Caminos sits 7% above the Madrid median (€1,500/month), where the median price per square metre is 24.6€/m².
In Cuatro Caminos, only 10% of listings go below 18.8€/m². If you find a 70 m² flat at €1,320 a month or less, it is below the 10th percentile for the neighbourhood.
That does not make it a scam, but it is worth checking before you go any further. A price well below the local market is the single most common red flag in rental fraud.
For reference, the 25th percentile in Cuatro Caminos sits at 21.9€/m². Below that, the price is good for the area without being anomalous.
Over the last few months, the price per square metre in Cuatro Caminos has fallen by 5.0% against the previous period.
Based on 208 Idealista listings in Cuatro Caminos analyzed over the last few months. We compare two consecutive 28-day periods, and we measure the change in price per square metre rather than in median rent: median rent rises and falls with the size of the flats posted in a given week, which describes our sample rather than the market. Our history is still short, so these figures describe where the market is right now, not an annual trend.
Looking for a flat in Cuatro Caminos right now? The good listings are gone within hours. Our Idealista apartment alerts notify you the moment one matching your search goes live, before everyone else sees it.
The median rent in Cuatro Caminos is €1,600 a month, which works out at roughly 24€/m². Most flats let for between €1,300 and €2,300 a month. These figures come from 208 Idealista listings over the last few months.
Over the last few months, the price per square metre in Cuatro Caminos has fallen by 5.0% against the previous period. The comparison is based on 82 listings in the earlier period and 125 in the more recent one.
73% of rental homes in Cuatro Caminos have a lift. Close to three quarters of flats have a lift. The neighbourhood grew with blocks built between the 1950s and the 1970s, though some lower, older buildings without one remain.
Expect to be asked for your NIE (Número de Identificación de Extranjero) if you are a foreigner, your last few payslips or proof of income, your employment contract, and increasingly a bank guarantee or several months of deposit. None of it is a legal requirement of the contract itself, but applicants who turn up without the paperwork ready lose the flat to someone who has it. Assemble the folder before you start viewing.