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Madrid: price, rent and rental yield by district and neighbourhood

District: price, rent and yield. Neighbourhood: sale price only (there is no official rent by neighbourhood).

Data checked on 7 October 2026

By Equipo Ladrillómetro · Updated

In Madrid, a 70 m² flat had an average appraisal value of €379,300 in 2T 2026 (5,418 €/m², +9.4% in a year) and rented for about €978 a month in 2024 (median 13.97 €/m²). With 2024 price and rent, the city's gross yield is 4.0%, below the median of municipalities with over 25,000 inhabitants (5.2%).

Rent range (2024): median €869 a month (13.97 €/m²); half of the rented homes pay between €700 and €1,166 a month (11.03–17.92 €/m², 25th to 75th percentile). Homes analysed: 300,447 rented apartments declared for tax purposes; median size 66 m².

By district, the gross yield ranges from 5.8% in Villaverde to 2.8% in Salamanca. There is no official rent by neighbourhood, so the yield stays at district level; the neighbourhood table shows the sale price only.

Analyse a 70 m² flat in MadridCompare with other cities

01Price, rent and yield by district
Centro3.4%7,1486,26917.70€500,300€1,23920,518
Arganzuela3.5%6,0865,40715.97€426,000€1,11816,437
Retiro3.1%7,4696,27816.04€522,900€1,12310,267
Salamanca2.8%9,4067,75018.31€658,400€1,28217,072
Chamartín3.2%7,4276,40217.07€519,900€1,19515,758
Tetuán4.1%5,4474,75616.08€381,300€1,12520,271
Chamberí3.1%8,2387,15018.55€576,700€1,29919,653
Fuencarral-El Pardo3.6%5,4174,59513.77€379,200€96420,653
Moncloa-Aravaca3.7%5,8705,08815.50€410,900€1,08510,848
Latina4.8%3,5342,89511.54€247,400€80819,942
Carabanchel5.0%3,3462,83111.76€234,200€82421,978
Usera5.3%3,3882,51611.18€237,200€7829,408
Puente de Vallecas5.6%2,9292,44411.48€205,000€80316,332
Moratalaz4.4%3,9973,17411.73€279,800€8216,250
Ciudad Lineal4.0%4,6774,00113.28€327,400€93022,285
Hortaleza3.7%5,0804,44613.66€355,600€95614,435
Villaverde5.8%2,6502,11310.26€185,500€7189,599
Villa de Vallecas4.8%3,2782,95611.87€229,500€8317,904
Vicálvaro4.2%3,8413,16511.01€268,900€7705,348
San Blas-Canillejas5.2%3,4752,91012.69€243,200€88811,435
Barajas4.2%4,6123,79213.10€322,800€9174,054

Sources. Price: Estadística registral inmobiliaria: precio medio declarado de la vivienda (€/m²) por distrito y barrio, Ayuntamiento de Madrid (Banco de Datos), con datos del Colegio de Registradores de España (2024 y 2025; published on 22 June 2026); average price per m² declared in registered home sales (new and resale). Rent: SERPAVI (Spanish State Rental Price Reference System), Ministry of Housing and Urban Agenda (MIVAU), using personal income tax (IRPF) returns and the Cadastre: database 2011-2024 (file «2026-03_09_bd_SERPAVI_2011-2024 - DEFINITIVO WEB_v2»), “Municipios” sheet, apartments in multi-family buildings (vivienda colectiva), municipality level, year 2024, published on 16 April 2026, median by INE census district. Yield: 2024 price and rent; 70 m² flat with the 2025 price. Ladrillómetro calculations.

02Price by neighbourhood

131 of 131 neighbourhoods
PalacioCentro6,8956,399+7.8%€482,700
EmbajadoresCentro6,0555,230+15.8%€423,800
CortesCentro7,2476,301+15.0%€507,300
JusticiaCentro9,5427,914+20.6%€667,900
UniversidadCentro7,1356,302+13.2%€499,500
SolCentro7,6977,044+9.3%€538,800
ImperialArganzuela5,8555,721+2.3%€409,900
AcaciasArganzuela5,7364,861+18.0%€401,600
ChoperaArganzuela5,4744,609+18.8%€383,200
LegazpiArganzuela7,1135,126+38.8%€497,900
DeliciasArganzuela5,4264,744+14.4%€379,800
Palos de la FronteraArganzuela5,7855,091+13.6%€404,900
AtochaArganzuela6,8106,502+4.7%€476,700
PacíficoRetiro6,2865,106+23.1%€440,000
AdelfasRetiro5,7424,852+18.3%€401,900
EstrellaRetiro6,5915,225+26.1%€461,400
IbizaRetiro9,2647,529+23.1%€648,500
Los JerónimosRetiro9,9519,382+6.1%€696,500
Niño JesúsRetiro7,6396,534+16.9%€534,700
RecoletosSalamanca14,10912,390+13.9%€987,600
GoyaSalamanca9,6397,582+27.1%€674,700
Fuente del BerroSalamanca7,5995,975+27.2%€531,900
GuindaleraSalamanca6,7225,657+18.8%€470,600
ListaSalamanca10,0678,088+24.5%€704,700
CastellanaSalamanca11,6859,793+19.3%€818,000
El VisoChamartín9,3827,883+19.0%€656,700
ProsperidadChamartín6,4495,499+17.3%€451,400
Ciudad JardínChamartín7,5596,705+12.7%€529,100
HispanoaméricaChamartín7,8616,571+19.6%€550,200
Nueva EspañaChamartín8,1837,252+12.8%€572,800
CastillaChamartín5,9135,429+8.9%€413,900
Bellas VistasTetuán5,2244,355+19.9%€365,700
Cuatro CaminosTetuán6,4975,480+18.6%€454,800
CastillejosTetuán6,4385,472+17.7%€450,700
AlmenaraTetuán4,9884,386+13.7%€349,100
ValdeacederasTetuán5,2744,453+18.5%€369,200
BerrugueteTetuán4,7904,283+11.8%€335,300
GaztambideChamberí7,4146,657+11.4%€519,000
ArapilesChamberí7,5926,654+14.1%€531,400
TrafalgarChamberí8,5687,323+17.0%€599,800
AlmagroChamberí10,7959,288+16.2%€755,700
Ríos RosasChamberí7,9156,793+16.5%€554,100
VallehermosoChamberí6,7525,997+12.6%€472,700
El PardoFuencarral-El Pardo3,7053,125+18.6%€259,300
FuentelarreinaFuencarral-El Pardo5,3414,598+16.2%€373,900
PeñagrandeFuencarral-El Pardo5,4674,648+17.6%€382,700
PilarFuencarral-El Pardo5,0654,319+17.3%€354,500
La PazFuencarral-El Pardo5,1064,250+20.1%€357,500
ValverdeFuencarral-El Pardo4,8794,047+20.6%€341,500
MirasierraFuencarral-El Pardo6,4035,841+9.6%€448,200
El GolosoFuencarral-El Pardo7,2475,882+23.2%€507,300
Casa de CampoMoncloa-Aravaca5,3794,445+21.0%€376,500
ArgüellesMoncloa-Aravaca7,5556,425+17.6%€528,800
Ciudad UniversitariaMoncloa-Aravaca5,8235,357+8.7%€407,600
ValdezarzaMoncloa-Aravaca4,4843,683+21.7%€313,900
ValdemarínMoncloa-Aravaca6,7104,761+40.9%€469,700
El PlantíoMoncloa-Aravaca5,9474,471+33.0%€416,300
AravacaMoncloa-Aravaca5,6455,204+8.5%€395,100
Los CármenesLatina3,5032,972+17.9%€245,200
Puerta del ÁngelLatina4,0333,294+22.5%€282,300
LuceroLatina3,3102,853+16.0%€231,700
AlucheLatina3,3602,687+25.1%€235,200
CampamentoLatina3,2962,819+16.9%€230,700
Cuatro VientosLatina4,6743,503+33.4%€327,100
ÁguilasLatina3,2322,621+23.3%€226,200
ComillasCarabanchel4,1063,309+24.1%€287,400
OpañelCarabanchel3,5012,821+24.1%€245,100
San IsidroCarabanchel3,6703,095+18.6%€256,900
Vista AlegreCarabanchel3,2132,587+24.2%€224,900
Puerta BonitaCarabanchel2,9052,426+19.7%€203,400
BuenavistaCarabanchel3,2923,180+3.5%€230,400
AbrantesCarabanchel2,9132,386+22.1%€203,900
OrcasitasUsera2,3582,023+16.5%€165,000
OrcasurUsera3,4032,855+19.2%€238,200
San FermínUsera2,7552,317+18.9%€192,900
AlmendralesUsera4,3242,915+48.3%€302,700
MoscardóUsera3,7392,786+34.2%€261,700
ZofíoUsera3,0892,488+24.2%€216,200
PradolongoUsera3,3902,232+51.9%€237,300
EntrevíasPuente de Vallecas2,4302,139+13.6%€170,100
San DiegoPuente de Vallecas3,0782,508+22.7%€215,500
Palomeras BajasPuente de Vallecas2,9862,488+20.0%€209,000
Palomeras SurestePuente de Vallecas2,7012,245+20.3%€189,100
PortazgoPuente de Vallecas2,7042,314+16.8%€189,300
NumanciaPuente de Vallecas3,2402,730+18.6%€226,800
PavonesMoratalaz3,7222,815+32.2%€260,500
HorcajoMoratalaz4,7374,665+1.5%€331,600
MarroquinaMoratalaz4,3013,491+23.2%€301,100
Media LeguaMoratalaz3,8773,283+18.1%€271,400
FontarrónMoratalaz3,7702,790+35.1%€263,900
VinaterosMoratalaz3,9003,004+29.8%€273,000
VentasCiudad Lineal4,1333,325+24.3%€289,300
Pueblo NuevoCiudad Lineal3,7953,114+21.9%€265,600
QuintanaCiudad Lineal4,4363,861+14.9%€310,500
La ConcepciónCiudad Lineal5,6584,859+16.4%€396,100
San PascualCiudad Lineal5,5674,738+17.5%€389,700
San Juan BautistaCiudad Lineal5,7655,431+6.1%€403,500
ColinaCiudad Lineal6,5205,771+13.0%€456,400
AtalayaCiudad Lineal7,8005,760+35.4%€546,000
CostillaresCiudad Lineal5,9575,471+8.9%€417,000
PalomasHortaleza5,4354,817+12.8%€380,500
PioveraHortaleza6,5025,760+12.9%€455,100
CanillasHortaleza4,7863,972+20.5%€335,000
Pinar del ReyHortaleza4,2673,482+22.5%€298,700
Apóstol SantiagoHortaleza4,1633,688+12.9%€291,400
ValdefuentesHortaleza5,9775,339+12.0%€418,400
Villaverde Alto, Casco Histórico de VillaverdeVillaverde2,9282,106+39.0%€205,000
San CristóbalVillaverde1,9101,579+21.0%€133,700
ButarqueVillaverde3,1432,577+21.9%€220,000
Los RosalesVillaverde2,8072,319+21.1%€196,500
ÁngelesVillaverde2,9562,233+32.4%€206,900
Casco Histórico de VallecasVilla de Vallecas2,9152,372+22.9%€204,100
Santa EugeniaVilla de Vallecas2,9002,558+13.4%€203,000
Ensanche de VallecasVilla de Vallecas3,5523,351+6.0%€248,700
Casco Histórico de VicálvaroVicálvaro3,3552,912+15.2%€234,900
ValdebernardoVicálvaro4,1183,294+25.0%€288,300
ValderrivasVicálvaro3,5473,577-0.8%€248,300
El CañaveralVicálvaro4,5883,331+37.7%€321,100
SimancasSan Blas-Canillejas3,6913,065+20.4%€258,300
HellínSan Blas-Canillejas2,4992,027+23.3%€174,900
AmpostaSan Blas-Canillejas2,5442,143+18.7%€178,100
ArcosSan Blas-Canillejas3,1452,561+22.8%€220,200
RosasSan Blas-Canillejas4,4943,753+19.7%€314,600
RejasSan Blas-Canillejas3,5803,056+17.1%€250,600
CanillejasSan Blas-Canillejas3,4102,979+14.5%€238,700
El SalvadorSan Blas-Canillejas4,7364,067+16.4%€331,500
Alameda de OsunaBarajas5,0523,867+30.6%€353,600
AeropuertoBarajas————
Casco Histórico de BarajasBarajas3,9623,561+11.3%€277,400
TimónBarajas4,4194,095+7.9%€309,300
CorralejosBarajas4,8903,986+22.7%€342,300

Source. Estadística registral inmobiliaria: precio medio declarado de la vivienda (€/m²) por distrito y barrio, Ayuntamiento de Madrid (Banco de Datos), con datos del Colegio de Registradores de España (2024 y 2025; published on 22 June 2026). The City Council only publishes a neighbourhood figure with at least 15 transactions; “—” means no data.

FREQUENT QUESTIONS

Frequently asked questions

How much does it cost to rent a flat in Madrid?

In 2024 the median rent of apartments in Madrid was €869 a month (13.97 €/m²), according to SERPAVI, the Ministry of Housing rent reference system built from income tax returns. Half of the 300,447 rented apartments analysed paid between €700 and €1,166. The median rent per m² changed by +5.0% compared with 2023.

Is Madrid expensive to rent compared with the rest of Madrid?

It ranks 1 of 105 municipalities in the province of Madrid with SERPAVI data (at least 50 rented apartments) by median rent per m². The median of those municipalities is 8.45 €/m² a month.

What gross rental yield can you get in Madrid?

About 4.0% gross, using the 2024 median rent and the 2024 average appraisal value (4,225 €/m², Ministry of Housing). With the 2T 2026 price (5,418 €/m²) it would be 3.1%. Gross yield ignores costs, taxes, vacancies and financing.

Where does this data come from?

Rent: SERPAVI (Ministry of Housing and Urban Agenda), 2011-2024 database published on 16 April 2026, apartments in multi-family buildings, municipality level. It reflects rents declared in personal income tax returns, both new and older contracts, so it is usually below current asking rents. Price: average appraisal value of free-market housing (Ministry of Housing), municipalities over 25,000 inhabitants.