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

€5,752/m²

The median price per m² is currently €5,752. 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?

≈ 86 m²

2 bedrooms

€5,752/m²

Quality of life breakdown

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

By property type

Apartment€5,741/m²
House€5,962/m²

By condition

Apartment · Newly built€6,157/m²
Apartment · Good condition€6,105/m²
Apartment · Needs renovation€5,156/m²
House · Good condition€7,536/m²
House · Needs renovation€4,909/m²

How does this compare?

Vienna
Austria
€6,638/m² · 16954 listings
Prague
Czechia
€7,002/m² · 12271 listings
Berlin
Germany
€5,611/m² · 11793 listings
Bratislava
Slovakia
€4,400/m² · 8707 listings

The largest sub-area of Madrid is Salamanca.

In this area

Salamanca	€10,661/m²
Chamberí	€9,130/m²
Tetuán	€5,985/m²
Arganzuela	€6,206/m²
Ciudad Lineal	€5,321/m²
Carabanchel	€3,712/m²
Retiro	€7,786/m²
Moncloa-Aravaca	€5,863/m²
Latina	€4,048/m²
Hortaleza	€5,138/m²
Villaverde	€3,184/m²
Chamartín	€8,462/m²
Villa de Vallecas	€3,922/m²
Usera	€3,539/m²
San Blas - Canillejas	€4,143/m²
Vicálvaro	€4,127/m²
Moratalaz	€4,657/m²
Barajas	€5,407/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.