Get all the data you need about the real estate market in Madrid
This blog post covers apartment purchase prices in Madrid in 2026, across 12 key districts, from the most expensive to the most affordable.
We constantly update this blog post so the data you see here always reflects the latest available market information.
Whether you are just starting to explore the Madrid property market or already comparing specific districts, this guide gives you a clear and honest picture of what apartments actually cost.
And if you're planning to buy a property in this place, you may want to download our real estate pack about Madrid.
A quick summary table
| Metric | Value |
|---|---|
| Most expensive Madrid district for apartments | Salamanca (around 10,000 EUR per square meter) |
| Most affordable Madrid district for apartments | Usera (around 3,400 EUR per square meter) |
| Average price per square meter across all Madrid districts | Around 6,400 EUR per square meter |
| Median apartment price across Madrid | Around 450,000 EUR |
| Lowest realistic starting budget to buy in Madrid | Around 100,000 EUR (in Usera) |
| Most expensive apartment type in Madrid | Two-bedroom apartment (up to 850,000 EUR in Salamanca) |
| Most affordable apartment type in Madrid | Studio apartment (from around 118,000 EUR in Usera) |
| Average price for a studio apartment in Madrid | Around 234,000 EUR (city-wide average across all districts) |
| Average price for a one-bedroom apartment in Madrid | Around 368,000 EUR (city-wide average across all districts) |
| Average price for a two-bedroom apartment in Madrid | Around 569,000 EUR (city-wide average across all districts) |
| Price gap between the most and least expensive Madrid district | Around 195% difference in price per square meter (Salamanca vs. Usera) |
| Price dispersion across Madrid districts | Very high: prices range from 3,400 EUR/m2 to 10,000 EUR/m2 |
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Madrid districts in 2026 ranked by apartment purchase price
This table ranks the main districts in the Madrid apartment market by purchase price, from the most expensive to the most affordable.
For each district, the table shows the average price per square meter, the median property price, the starting budget, the average price for a studio apartment, a one-bedroom apartment, and a two-bedroom apartment, the typical buyer profile, the key advantages, the key drawbacks, and the market segment.
Finally, please note you'll find much more detailed data in our real estate pack about Madrid.
| Rank | Neighborhood | Average Price per Square Meter | Median Property Price | Starting Budget | Average Price for a Studio Apartment | Average Price for a One-Bedroom Apartment | Average Price for a Two-Bedroom Apartment | Typical Buyers | Key Pros | Key Cons | Market Segment |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Salamanca | 10,000 EUR/m2 | 700,000 EUR | 300,000 EUR | 350,000 EUR | 550,000 EUR | 850,000 EUR | High-net-worth buyers seeking a prestigious Madrid address | Madrid's most prestigious district, luxury retail on the doorstep, elegant apartment buildings, and a very active resale market | Entry prices are extreme, and many buildings come with high service charges and potential renovation costs | Luxury |
| 2 | Chamberi | 8,950 EUR/m2 | 627,000 EUR | 269,000 EUR | 313,000 EUR | 492,000 EUR | 761,000 EUR | Wealthy professionals looking for a central Madrid lifestyle | Prestigious and central, high apartment demand, classic Madrileno architecture, excellent walkability and transport connections | Limited green space, tight parking, and older buildings can require expensive upgrades | Luxury |
| 3 | Chamartin | 8,020 EUR/m2 | 561,000 EUR | 241,000 EUR | 281,000 EUR | 441,000 EUR | 682,000 EUR | Executive families looking for larger apartments with good business district access | Close to Madrid's business corridor, strong transport links, larger apartments than the city core, good schools and services nearby | Some parts feel more office-heavy than residential, and prime pockets still carry high price tags | Luxury |
| 4 | Retiro | 7,820 EUR/m2 | 547,000 EUR | 234,000 EUR | 274,000 EUR | 430,000 EUR | 664,000 EUR | Buyers upgrading to a park-facing or park-adjacent Madrid apartment | Retiro Park on the doorstep, strong prestige appeal, central location, and stable long-term demand for quality apartments | Very limited supply keeps availability tight, and the best blocks trade at consistently high prices | Luxury |
| 5 | Centro | 7,370 EUR/m2 | 516,000 EUR | 221,000 EUR | 258,000 EUR | 405,000 EUR | 626,000 EUR | Lifestyle-focused urban buyers who want to be at the heart of Madrid | Historic city core, unmatched walkability, vibrant nightlife and culture, constant rental and resale demand | Tourism pressure, noise, older buildings, and smaller unit sizes reduce everyday residential comfort | Premium |
| 6 | Moncloa-Aravaca | 6,240 EUR/m2 | 437,000 EUR | 187,000 EUR | 218,000 EUR | 343,000 EUR | 530,000 EUR | Families looking for more space without leaving a well-connected part of Madrid | Good balance between quality and space, university influence, greener environment, and a strong residential reputation on the west side of Madrid | Apartment stock is patchier than in other premium areas, and some sub-zones are less apartment-focused | Premium |
| 7 | Arganzuela | 6,220 EUR/m2 | 436,000 EUR | 187,000 EUR | 218,000 EUR | 342,000 EUR | 529,000 EUR | Urban buyers upgrading to a more modern and well-connected Madrid district | Madrid Rio park, improving public spaces, strong central access, and a noticeably modernized residential feel | Its growing popularity has pushed prices up, and the best micro-locations no longer feel like hidden value | Premium |
| 8 | Tetuan | 5,920 EUR/m2 | 415,000 EUR | 178,000 EUR | 207,000 EUR | 326,000 EUR | 504,000 EUR | Investors and landlords targeting rental demand in north-central Madrid | Close to the AZCA business area, strong overall demand, and better central access than outer Madrid districts | Uneven streetscape, noise in parts, and significant quality differences between individual buildings require careful selection | Premium |
| 9 | Fuencarral-El Pardo | 5,340 EUR/m2 | 373,000 EUR | 160,000 EUR | 187,000 EUR | 293,000 EUR | 453,000 EUR | Families looking for modern estates and more space on the northern edge of Madrid | Modern residential developments, good family services, larger apartment sizes, and a quieter feel than inner districts | More peripheral location and commute time to the city centre varies a lot depending on the exact development | Mid-Market |
| 10 | Ciudad Lineal | 5,010 EUR/m2 | 351,000 EUR | 150,000 EUR | 175,000 EUR | 275,000 EUR | 426,000 EUR | Middle-income households seeking practical, well-connected Madrid apartments | Good mix of apartment options, solid transport links, comfortable daily living, and much more accessible budgets than prime districts | Quality and prestige vary significantly between individual streets and micro-areas | Mid-Market |
| 11 | Carabanchel | 3,600 EUR/m2 | 252,000 EUR | 108,000 EUR | 126,000 EUR | 198,000 EUR | 306,000 EUR | First-time buyers looking for a realistic entry point in Madrid | One of Madrid's clearest value districts, genuine entry-level apartment options, and improving local amenities | Further from prime business areas, more stock variation across buildings, and lower prestige perception than central districts | Affordable |
| 12 | Usera | 3,390 EUR/m2 | 237,000 EUR | 102,000 EUR | 118,000 EUR | 186,000 EUR | 288,000 EUR | Budget-conscious buyers targeting the most accessible price points in central-south Madrid | Very accessible pricing, active local commerce, and strong relative value given the proximity to central Madrid | Lower prestige, more uneven building quality, and careful street-by-street selection is essential | Budget |
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Key insights about apartment purchase prices in Madrid
Insights
- Salamanca is roughly 195% more expensive per square meter than Usera, the most affordable district in this Madrid ranking. That is not a small gap. It is nearly three times the price for the same surface area, depending on where in Madrid you buy.
- A standard one-bedroom apartment in Salamanca costs around 550,000 EUR in 2026, compared to around 186,000 EUR in Usera. That is a difference of over 360,000 EUR for the same apartment type, just based on the district.
- Chamberi sits much closer to Salamanca in price than it does to mid-market Madrid districts. At around 8,950 EUR per square meter, it is only about 10% cheaper than Salamanca, but nearly 70% more expensive than Fuencarral-El Pardo.
- Arganzuela and Moncloa-Aravaca are now priced almost identically, at around 6,220 to 6,240 EUR per square meter. This convergence is notable because Arganzuela was historically considered a lower-tier district in Madrid.
- Tetuan is no longer an affordable option. At nearly 5,920 EUR per square meter in 2026, it behaves like a premium-fringe Madrid district rather than the budget alternative it was a decade ago.
- The price jump from Ciudad Lineal to Carabanchel is one of the sharpest in this ranking. Ciudad Lineal sits at around 5,010 EUR per square meter while Carabanchel is at around 3,600 EUR per square meter. That is a drop of roughly 28% for a relatively small geographic shift.
- Carabanchel and Usera are the only Madrid districts in this analysis where a realistic starting budget stays near 100,000 EUR. In every other district, the entry point is at least 50% higher than that.
- For two-bedroom buyers in Madrid, the affordability gap is striking. A two-bedroom apartment costs around 850,000 EUR in Salamanca and around 288,000 EUR in Usera. That is a difference of over 560,000 EUR for the same apartment format.
- Centro is expensive, but it is still around 36% cheaper per square meter than Salamanca. This makes it a middle ground within the luxury and premium tier, not a bargain district by any means.
- Madrid's apartment market in early 2026 is still moving upward, not stabilizing. Buyers waiting for prices to fall in prime districts are likely to find the wait much longer than expected, especially in the top five districts in this ranking.
- Fuencarral-El Pardo offers a significant price step down from the inner premium districts, at around 5,340 EUR per square meter, without dropping into budget territory. For buyers who need space and prefer a more residential feel, it represents one of the clearest value positions in the 2026 Madrid market.
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About our methodology
We believe in showing our reasoning, especially when writing about apartment purchase prices in Madrid. Madrid is a complex and segmented market, and we want you to understand exactly how we arrived at these numbers.
We also believe it is important to show our reasoning. It is one of the ways we make our work solid, transparent, and rigorous, just as you will see in our real estate pack about Madrid.
First, please note that this data is updated regularly, so what you see here reflects the current values as of today.
In order to get reliable data, we applied a strict source filter. We only used authoritative, verifiable sources, not random listings or unsupported figures. More on that point below.
For each Madrid district, we aggregated the freshest apartment purchase price data available. When possible, we cross-checked multiple sources to confirm the same price range.
This allowed us to estimate the average price per square meter and the median property price for each district in Madrid.
We also calculated the starting budget, which represents the lowest realistic entry point to buy an apartment in that district. This is not the cheapest possible listing found online, but a real and achievable floor for a standard apartment purchase in that area.
For each apartment category, we estimated an average purchase price based on a consistent size framework applied across Madrid: a studio is estimated at 35 square meters, a one-bedroom at 55 square meters, and a two-bedroom at 85 square meters. This makes it possible to compare districts on a like-for-like basis, even when published transaction microdata at the district level is not available in a single open table.
These estimates reflect the price per square meter specific to each district and apartment type, rather than a single flat number applied across the whole city. They were calibrated to local conditions and pricing levels in each Madrid district.
This table should therefore be read as a structured market estimate, not as an exact guarantee of transaction prices. Honesty, quality, and rigor are at the core of our work, and they are also what you will find in our real estate pack about Madrid.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our real estate pack about Madrid, we rely on verifiable sources and a transparent methodology.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why it is authoritative | How we used it |
|---|---|---|
| Idealista - Madrid Housing Price Report | Idealista is Spain's largest property portal and publishes transparent district-level asking price data on a monthly basis. | We used it to build the February 2026 price-per-square-meter ranking across Madrid districts. We also used it as the main input for the neighborhood ordering and the modeled apartment price estimates in this article. |
| Fotocasa - Madrid Capital Housing Price Index | Fotocasa is one of Spain's two main national property portals and has published a long-running housing price index across Spanish cities. | We used it to cross-check the overall Madrid apartment pricing level in March 2026. We also used it to confirm that the citywide figures from Idealista were directionally consistent with another major platform. |
| INE - Housing Price Index Q4 2025 | INE is Spain's national statistics institute and the most authoritative source for official housing price trends at the national level. | We used it to confirm the broader national housing uptrend entering 2026. We also used it as the macro-level check behind the continued price growth seen across Madrid districts. |
| Ayuntamiento de Madrid - District and Neighborhood Maps | This is the official geographic definition of Madrid's districts and neighborhoods, published directly by Madrid City Council. | We used it to keep geographic boundaries consistent throughout this analysis. We also used it to confirm that the district names used in this article match the official administrative geography of Madrid. |
| Ayuntamiento de Madrid - Housing Market Statistics | This is the official Madrid City Council housing market statistics page, covering district-level sale indicators published by the city itself. | We used it as the official cross-check to anchor the analysis in public-sector housing data, not only in portal listings. We also used it to confirm that Madrid publishes district and neighborhood housing sale indicators on an ongoing basis. |
| Portal Estadistico del Notariado - Housing Data | This portal is based on real notarized housing transactions rather than asking prices, making it a strong cross-check for actual deed-based sale prices in Spain. | We used it as a methodology reference to understand how real transaction prices are tracked in Spain. We also used it to justify triangulating listing-based district prices with deed-based market evidence when estimating realistic price ranges. |
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