What to know about renting 1 bedroom apartments in Madrid
It’s never an easy feat to find a one-bedroom apartment to rent in a popular city like Madrid. Several people may be bidding on the same one-bedroom apartment in Madrid’s competitive rental market. This can make it difficult, if not impossible to secure a rental property in the city. On Homelike, you can easily find 1 bedroom accommodation that is available to rent for your exact move-in dates and narrow them down by your desired budget, move-in date, apartment policies and amenities. In addition, you can use the map feature on every page to zoom into your preferred neighborhoods. 1 bedroom apartments in Madrid come in many types. Some are converted family homes containing a small number of apartments, while others are in modern purpose-built condo buildings. You’re not limited by location either in Madrid, as each of the city’s neighborhoods has a great variety of apartments to choose from.
Who should rent 1 bedroom apartments in Madrid
Like many cities across Europe, Madrid appeals to a wide range of people looking to take advantage of the perks of living in a big city. If you’re someone who loves the hustle and bustle of a metropolitan city, and loves being within walking distance of the main attractions and great restaurants, then a one-bedroom apartment in Madrid’s central districts will suit you perfectly. Madrid is also considered to be one of Europe’s financial hubs, which is why lots of professionals choose to live in the city or even relocate here from abroad. Neighborhoods such as Bella Vista and Cuatro Caminos are home to many of the city’s office buildings and are perfect places to live if you’re hoping to beat the morning commute. Other than tourists and professionals, Madrid also has a healthy population of students studying in one of the city’s many universities. Students looking for 1 bedroom rentals in Madrid tend to congregate around Moncloa-Aravaca, a green suburb with affordable rent prices, great transport connections, and the Ciudad Universitaria.In addition to the above groups of people, a large number of digital nomads also flock to Madrid to take advantage of Spain’s temperate climate, lower cost of living and vibrant food scene.
Best neighborhoods to look for 1 bedroom apartments in Madrid
Wondering where you should look for an apartment in Madrid? Many factors will influence your choice of neighborhood in Madrid such as your budget, lifestyle, apartment size, apartment quality, building amenities and desired neighborhood. Madrid is the second most expensive city in Spain. Housing costs in Madrid tend to be on the higher side but you will surely find some affordable apartments in the city. Some of the neighborhoods we recommend in Madrid include- Malasañca and Justicia, Salamanca, Chamberí, La Latina, Gran Via, Sol, Las Tablas, Plaza Castilla, Chamartin, Usera. For more information on these neighborhoods, read our Madrid neighborhood guide.
Average rent for 1 bedroom apartments in Madrid
The price of a one-bedroom apartment in Madrid depends on a number of factors. This includes which neighborhood you’d like to live in, how spacious you’d like your apartment to be, as well as the state of the rental market at the time. If you’re looking to live in one of Madrid’s premium neighborhoods such as Centro, Salamanca, or Chamberi, you’ll need to be prepared to pay a premium price. 1 bedroom apartments in these sought-after neighborhoods come in at around €19/m2, similar to prices you’d find in other European capitals such as London and Amsterdam. For something a little more affordable, search for 1 bedroom apartments in neighborhoods such as Chamartin, Moncloa, or Tetuan where rent tends to average €15/m2.