Real rental prices, housing mix and market trend in Gaztambide.
Median rent
€1,800/month
Mean: €2,098/month
Price per m²
24.6€
Madrid: 24.6€/m²
Trend
Stable
€/m² vs previous period
Listings analyzed
209
Idealista listings
Prices, percentages and counts are calculated from Idealista listings of the last few months.
Gaztambide is the student end of Chamberí, pressed up against Moncloa and within walking distance of the Complutense campus. Quiet streets, regular blocks, and a daily rhythm of cafés, stationers and set lunch menus that runs on the university calendar.
If you need space, this is the best arithmetic of the ten neighbourhoods here. The median flat is 76 m², the largest in this selection, at 24.6€/m², which is exactly the Madrid average. A median rent of 1,800€ is not cheap, but it buys real floor area, which is simply not available at that price in Malasaña or Lavapiés. Much of the stock is post-war, blocks from the 1950s and 1960s rather than nineteenth-century buildings, and it is better equipped as a result.
One more thing worth knowing: 11% of listings come from a private landlord, the highest share of the ten. That is still a small minority, but it is your best chance in this selection of dealing with an owner rather than an agency. The trade-off is atmosphere. Outside term time, the neighbourhood is very quiet.
Transport: metro lines L6 and L7 (Guzmán el Bueno), L7 (Islas Filipinas), L2 (Quevedo) and the Moncloa interchange (L3, L6).
27% of rental flats in Gaztambide have two bedrooms, followed by 22% with one bedroom. Studios make up 8% of the supply, and flats with four or more bedrooms, 23%.
Lift. 92% of rental homes here have a lift. This is the best equipped stock of the ten neighbourhoods here, with more than nine in ten flats served by a lift, because post-war blocks dominate rather than nineteenth-century buildings.
Private landlord or agency. 11% of listings are posted by a private landlord, against 89% that come through an agency. As in most of Madrid, the supply is dominated by agencies.
The median rent in Gaztambide is €1,800 a month. Most flats let for between €1,380 and €2,700 a month: a quarter of the supply falls below €1,380, and another quarter goes above €2,700.
Per square metre that works out at 24.6€/m². Applied to real floor areas, a 50 m² flat lands around €1,230 a month, a 70 m² flat around €1,720, and a 90 m² flat around €2,210.
Against the city as a whole, Gaztambide sits 20% above the Madrid median (€1,500/month), where the median price per square metre is 24.6€/m².
In Gaztambide, only 10% of listings go below 18.3€/m². If you find a 70 m² flat at €1,280 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 Gaztambide sits at 21.8€/m². Below that, the price is good for the area without being anomalous.
The price per square metre in Gaztambide has held steady over the last few months, moving only 1.2% against the previous period. That is too small a difference to read as a real market move.
Based on 209 Idealista listings in Gaztambide 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 Gaztambide 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 Gaztambide is €1,800 a month, which works out at roughly 25€/m². Most flats let for between €1,380 and €2,700 a month. These figures come from 209 Idealista listings over the last few months.
The price per square metre in Gaztambide has held steady over the last few months, moving only 1.2% against the previous period. That is too small a difference to read as a real market move. The comparison is based on 77 listings in the earlier period and 131 in the more recent one.
92% of rental homes in Gaztambide have a lift. This is the best equipped stock of the ten neighbourhoods here, with more than nine in ten flats served by a lift, because post-war blocks dominate rather than nineteenth-century buildings.
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.