Retiro
District · Madrid · Spain
The district around the Retiro Park, with elegant streets near the Prado in Los Jerónimos and calm residential areas such as Ibiza and Estrella.
Overview
Good for
Park lovers and familiesWatch out for
High rents near the parkNeighborhoods
Rent
The median rent in Retiro was €16.04/m² per month in 2024, 15% above the Madrid median. It is the 6th most expensive of 21 districts.
| Estimated monthly rent | € / month |
|---|---|
| 1-bedroom (~50 m²) | ≈ €802 |
| 2-bedroom (~75 m²) | ≈ €1,203 |
| 3-bedroom (~100 m²) | ≈ €1,604 |
Estimate = district median × size. Real prices depend on the building, floor and condition, and new contracts usually cost more than the median of all leases. Source: Ministerio de Vivienda y Agenda Urbana – SERPAVI (datos tributarios).
- 10.26–11.54
- 11.54–12.69
- 12.69–13.77
- 13.77–16.08
- 16.08–18.55
Rent since 2020
The median rent in Retiro rose 15% between 2020 and 2024, compared with 15% for Madrid as a whole.
Getting around
- Metro: Retiro, Ibiza (L9), Sainz de Baranda, Atocha
Similar rent in other cities
- Can Baró · Barcelona · €16.03/m²
- Abando · Bilbao · €13.70/m²
- La Merced – San Felipe Neri · Málaga · €12.62/m²
- Centre · Palma · €11.63/m²
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Buildings
- Torre de ValenciaCalle de O'Donnell 4, Madrid · 1973
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