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Average Apartment Rents @ 31st March 2008 |
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After seven years in the business of finding flats and apartments to rent in Madrid, we have amassed a considerable amount of data on the rental market. You might be interested to know which are the cheapest, and which are the most expensive areas. We also have data on average sizes of various types of flats, and also the average rent for long term lets. Short term let prices are proportionally higher depending on the duration of the let, the shorter the time period the more expensive the rent.
In order of cheapest to most expensive, these are the areas of Madrid that we deal with:
Arganzuela
Tetuan
Chamartín
Retiro
Moncloa
Centro
Chamberí
Salamanca
Across all areas, these are the average sizes and monthly rents:
| Type |
Average Size (m2) |
Avg Rent For 1 Yr Let (€/mth) |
| Single room in shared flat |
|
401 |
| Double room in shared flat |
|
567 |
| Studio |
33 |
661 |
| 1 bedroom |
50 |
832 |
| 2 bedrooms |
70 |
1015 |
| 3 bedrooms |
101 |
1246 |
| 4 bedrooms |
137 |
1584 |
Tags: Madrid, rent, prices |
| 07/05/2008 | 3978 page views |
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[TRANSLATION: ELIANA CALDERON]
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