What is the average cost of housing in Madrid?

"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," said another expat in Madrid, Spain.

"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," wrote a member who made the move to Madrid, Spain.

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SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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