What is the average cost of housing in Madrid?

"Way lower, I am paying 400 euro for my small place in the center and my friend is paying 500euro for his huge place near me. His apartment would probably run for about 1000euro or more in DC," mentioned another expat when asked about moving to Madrid, Spain.

"The average cost of housing in Madrid is generally quite high. Renting an apartment in the city center can be expensive, with prices ranging from around €800 to €1,500 per month. Outside of the city center, prices tend to be lower, with apartments costing around €500 to €800 per month," commented one expat who made the move to Madrid, Spain.

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With over 40 years of professional experience, Balcells Group provides legal advice on immigration, business, real estate, and tax. They help individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more, to enjoy successful law processes in Spain by guiding their clients every step of the way. They speak Spanish, English, Catalan and Russian.

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Balcells Group Lawyers

With over 40 years of professional experience, Balcells Group provides legal advice on immigration, business, real estate, and tax. They help individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more, to enjoy successful law processes in Spain by guiding their clients every step of the way. They speak Spanish, English, Catalan and Russian.
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Click connect to have our partner contact you via e-mail and/or phone.