Is Madrid expensive compared to Spain?

Compare the median €/m² on this page to the same figure on the Spain page to see relative pricing.

How have prices changed in Madrid?

The 12-month trend table above shows monthly medians. A multi-month rise or fall tells you whether the market is heating up or cooling.

Where are the cheapest areas in Madrid?

See the sub-locations table above, entries are sorted by listing volume; visit each sub-area page for its own median price.

How does Seeki calculate these figures?

We compute the median of price_eur / floorage across all published listings scoped to this location. We use median rather than mean to avoid distortion from outliers.

Madrid, Average price per m²

Name: Average price per m² in Madrid
Creator: Seeki
License: https://seeki.eu/terms

€5,496/m²

The median price per m² is currently €5,496. Data is updated regularly from public listings.

Budget (EUR)

€500,000

€50,000€1,025,000€2,000,000

What does your budget get you here?

≈ 90 m²

2 bedrooms

€5,496/m²

Quality of life breakdown

Transit97
Walkability100
Amenities100
Family97
Cultural79
Air quality85
Green space100
Noise100
Flood risk100
Economic health55

By property type

Apartment€5,370/m²
House€7,961/m²

How does this compare?

Warsaw
Poland
€4,029/m² · 19929 listings
Vienna
Austria
€6,487/m² · 18770 listings
Berlin
Germany
€5,530/m² · 13269 listings
Bratislava
Slovakia
€4,285/m² · 11875 listings

The largest sub-area of Madrid is Salamanca.

In this area

Salamanca	€10,698/m²
Chamberí	€9,066/m²
Arganzuela	€6,500/m²
Tetuán	€6,266/m²
Ciudad Lineal	€4,974/m²
Chamartín	€8,755/m²
Usera	€2,936/m²
Retiro	€7,779/m²
Carabanchel	€3,750/m²
Moncloa-Aravaca	€6,024/m²
San Blas - Canillejas	€3,711/m²
Latina	€4,130/m²
Hortaleza	€5,245/m²
Villaverde	€3,294/m²

Recent listings in Madrid:

Sample listings

Frequently asked questions

Is Madrid expensive compared to Spain?: Compare the median €/m² on this page to the same figure on the Spain page to see relative pricing.
How have prices changed in Madrid?: The 12-month trend table above shows monthly medians. A multi-month rise or fall tells you whether the market is heating up or cooling.
Where are the cheapest areas in Madrid?: See the sub-locations table above, entries are sorted by listing volume; visit each sub-area page for its own median price.
How does Seeki calculate these figures?: We compute the median of price_eur / floorage across all published listings scoped to this location. We use median rather than mean to avoid distortion from outliers.