What to know about renting short term apartments in Madrid
Madrid is an ever-growing metropolis of European culture, business, industry, and the arts. With one of the top ten biggest populations in the entire continent, demand for space and especially apartments, is high. This popularity means there is a huge variety of apartments in the city, many of which are available for short-term rental periods. These apartments come in a vast array of styles and sizes all over the city. Some apartments are extensions and refurbishments from old townhouses, casas señoriales, and old factory buildings. Aside from these, there are also newly built high-rise apartment buildings that offer modern apartments in the heart of the Spanish capital. Converted industrial districts in Madrid have also been turned into more modern and gentrified residential areas. This, again, offers those seeking apartments in Madrid a great option. Securing short term accommodation in the city used to be quite an ordeal, especially if you were moving to Spain from another country. This is no longer the case now. Homelike has simplified this process. Find short term accommodation in Madrid through Homelike ✓Short & long stays ✓No Deposit Apartments ✓Free Cancellation Options ✓Pet-friendly Options. The renting process is fuss-free and uncomplicated. Use the filters on top of the page to select your check in date, rental rate and preferred features and amenities. If you have a pet, choose the pets allowed filter. Some landlords accept pets upon request even if it is not explicitly specified on their profile. So, feel free to reach out to us to confirm. If you want to stay budget-conscious, use our no deposit filter to see apartments that don’t require a deposit.
Who should rent short term apartments in Madrid?
As we’ve already noted, Madrid is a cosmopolitan city, attracting a whole host of different people to its city streets. Alongside permanent residents, the city also attracts out-of-town business people, students, and tourists, all of whom seek short term apartments in Madrid. Many of these people come from all across the Iberian peninsula, while others come from across the globe. Being one of Spain’s premier city break destinations, Madrid welcomes thousands of tourists to the city every year. Instead of spending a rushed long weekend here, why not find short term accommodation. This way, you can really begin to see how everyday life in the Spanish capital is, and be a part of it, immersing yourself in the natural beat of the city. Apart from leisure, Madrid is the capital of Spain’s economic and industrial power, bringing professionals to the city on a constant basis. If your company or business requires you to frequent Madrid, then short term accommodation could be a fantastic idea. You will then be able to conduct business during the day and go home to relax at your Madrid apartment at night. This will increase your business productivity by not having to fly in and out of the city constantly. The biggest group of people to truly benefit from short-term apartments in Madrid is its population of students. Playing host to over 55 universities, demand for student accommodation is high and this being said, short-term apartments are a good solution. Students can rent these apartments for as long as their university term lasts, allowing far more flexibility. This is especially true for foreign students or exchange students who may be planning on returning to their home country once the university course is over.
Best neighborhoods to look for short term 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 short term apartments in Madrid
The average rent prices for short-term apartments in Madrid can rise and fall drastically with every passing year. This fluctuation depends on all manner of factors, including the supply and demand of properties in the city, apartment square footage, number of bedrooms, availability of outdoor space, building amenities, seasonality etc. Apartment prices tend to skyrocket during the tourist high season. The average cost of rent for an apartment in the center of Madrid sits between €750 and €3.500/month. On the other hand, the average cost of rent for an apartment outside of the city center is between €550 and €2,000. This, of course, is only an average price, and there are many factors that can change these figures. Take a look at these short-term apartments to rent in Madrid and find the perfect property at the right price for you.