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Guide · Prices 2026–2027

How much does it cost to rent an apartment by the month in Madrid

A whole month in an entire apartment in Madrid usually costs between €1,700 and €6,500 for two people. Real prices by neighbourhood and month, the cheapest time to come and what’s included.

By the Only Charming team · Updated 17 October 2026

See prices by neighbourhoodPrices for your dates

€1,700–6,500a whole month for two, depending on neighbourhood and season
−20 %on the accommodation from 30 nights, with the monthly rate
Augustthe cheapest month, followed by January and February
All includedutilities (electricity and gas up to €150/month), linen, towels, cleaning products and fibre wifi

By neighbourhood

How much each neighbourhood costs

For two people. Each range goes from the cheapest month to the most expensive one.

NeighbourhoodPer night (short stay)One whole monthCheapest / priciest month
Usera€70 – €110€1,710 – €2,690August / September
Puente de Vallecas€70 – €110€1,770 – €2,700August / April
Villaverde€80 – €140€2,110 – €3,450August / April
Arganzuela€90 – €140€2,370 – €3,500August / June
Airport area (Rejas)€90 – €160€2,380 – €3,810February / September
Argüelles, Moncloa and Plaza de España€100 – €160€2,520 – €3,980August / May
Lavapiés€100 – €170€2,600 – €4,090August / April
Chamartín€100 – €170€2,600 – €4,230August / September
Barrio de las Letras€110 – €140€2,690 – €4,240August / September
Sol€130 – €210€2,810 – €4,630August / May
Retiro€110 – €180€2,840 – €4,420August / September
Palacio€110 – €190€2,870 – €4,970August / April
Chamberí€140 – €190€3,020 – €4,200July / April
Chueca€110 – €180€3,280 – €4,320August / June
Salamanca district€140 – €230€3,530 – €5,500August / June
Tetuán€160 – €260€4,600 – €6,550December / September

Tetuán stands out because our apartments there are larger. Retiro, Chamberí, Salamanca and Argüelles have fewer apartments, so their ranges are indicative.

Season

When is it cheapest?

Average price per night paid by our guests each month. August costs about a third less than September: if your dates are flexible, it is the best time to come.

  1. €134Jan
  2. €129Feb
  3. €147Mar
  4. €186Apr
  5. €175May
  6. €175Jun
  7. €145Jul
  8. €122Aug
  9. €186Sep
  10. €164Oct
  11. €143Nov
  12. €162Dec
Fully equipped kitchen in an apartment for monthly stays in Madrid

Monthly stays

Why a month works out cheaper per night

From 30 nights we apply the monthly rate, 20% less on the accommodation than the nightly price. Cleaning is charged once and you sign a seasonal rental agreement online before arriving.

You pay the first month when you book and then each month on the same card. Utilities (electricity and gas up to €150 a month), linen, towels and fibre wifi are included.

Monthly stay terms

Tips

How to pay less

  1. Be flexible with datesAugust, January and February are the cheapest months.
  2. Stay 30 nights or moreYou get the monthly rate: 20% less on the accommodation.
  3. Non-refundable rateIf your plans are firm, it is the cheapest option.
  4. Look beyond the centreArganzuela, Usera or Puente de Vallecas are 10–20 minutes from Sol by metro.
  5. Book directBest price guarantee: if you find it cheaper, we match it and beat it by 5%.

FAQ

Frequently asked questions

Anything else? Call us 24 hours a day: +34 910 420 200

How much does a month in an apartment in central Madrid cost?

In central neighbourhoods such as Sol, Lavapiés, Palacio or Barrio de las Letras, a whole month usually costs between about €2,600 and €5,000 for two people, depending on the month and the apartment. Utilities (electricity and gas up to €150 a month), cleaning, linen and wifi are included.

Is it cheaper to rent by the month than by the night?

Yes. From 30 nights the monthly rate applies, 20% less on the accommodation than the nightly price, so a month works out much cheaper per night than a short stay.

Which is the cheapest month to stay in Madrid?

August, followed by January and February. The most expensive months are September and April to June.

Which neighbourhoods are the most affordable?

Usera, Puente de Vallecas and Villaverde: a month from around €1,700–2,100, well connected by metro to the centre.

Do I have to pay the whole stay up front?

No. On monthly stays you pay the first month when you book and then each month is charged on the same card.

Find your apartment in Madrid

By the day, week or month. Book direct with the best price guarantee and 24-hour assistance.

See apartments+34 910 420 200

How we calculate it: average prices paid by our guests between October 2025 and September 2026 in 130 apartments in 16 Madrid neighbourhoods, for two people, combined with our current rates. They are indicative: the exact price depends on the dates, the apartment and how far ahead you book.