Where rents are rising fastest in Madrid (2024)
Across the city, rents rose 5.0% between 2023 and 2024. Salamanca rose the most (+6.4%); Fuencarral-El Pardo rose the least (+4.2%).
Rising fastest
| District | 2023 | 2024 | Change |
|---|---|---|---|
| Salamanca | €17.21 | €18.31 | +6.4% |
| Chamartín | €16.14 | €17.07 | +5.8% |
| Tetuán | €15.22 | €16.08 | +5.7% |
| Vicálvaro | €10.43 | €11.01 | +5.6% |
| Villaverde | €9.72 | €10.26 | +5.6% |
| Centro | €16.77 | €17.70 | +5.5% |
| Chamberí | €17.58 | €18.55 | +5.5% |
| Carabanchel | €11.16 | €11.76 | +5.4% |
| Puente de Vallecas | €10.90 | €11.48 | +5.3% |
| Usera | €10.63 | €11.18 | +5.2% |
Cooling: smallest rises and falls
| District | 2023 | 2024 | Change |
|---|---|---|---|
| Fuencarral-El Pardo | €13.21 | €13.77 | +4.2% |
| Hortaleza | €13.08 | €13.66 | +4.4% |
| San Blas-Canillejas | €12.13 | €12.69 | +4.6% |
| Moratalaz | €11.21 | €11.73 | +4.6% |
| Moncloa-Aravaca | €14.81 | €15.50 | +4.7% |
| Villa de Vallecas | €11.33 | €11.87 | +4.8% |
| Barajas | €12.50 | €13.10 | +4.8% |
| Ciudad Lineal | €12.66 | €13.28 | +4.9% |
| Latina | €11.00 | €11.54 | +4.9% |
| Retiro | €15.28 | €16.04 | +5.0% |
All areas
| # | District | 2024 | 2023–2024 |
|---|---|---|---|
| 1 | Salamanca | €18.31 | +6.4% |
| 2 | Chamartín | €17.07 | +5.8% |
| 3 | Tetuán | €16.08 | +5.7% |
| 4 | Vicálvaro | €11.01 | +5.6% |
| 5 | Villaverde | €10.26 | +5.6% |
| 6 | Centro | €17.70 | +5.5% |
| 7 | Chamberí | €18.55 | +5.5% |
| 8 | Carabanchel | €11.76 | +5.4% |
| 9 | Puente de Vallecas | €11.48 | +5.3% |
| 10 | Usera | €11.18 | +5.2% |
| 11 | Arganzuela | €15.97 | +5.1% |
| 12 | Retiro | €16.04 | +5.0% |
| 13 | Latina | €11.54 | +4.9% |
| 14 | Ciudad Lineal | €13.28 | +4.9% |
| 15 | Barajas | €13.10 | +4.8% |
| 16 | Villa de Vallecas | €11.87 | +4.8% |
| 17 | Moncloa-Aravaca | €15.50 | +4.7% |
| 18 | Moratalaz | €11.73 | +4.6% |
| 19 | San Blas-Canillejas | €12.69 | +4.6% |
| 20 | Hortaleza | €13.66 | +4.4% |
| 21 | Fuencarral-El Pardo | €13.77 | +4.2% |
Year-on-year change of the official median or average rent per m² for new leases in each area. Small areas move more from year to year; areas with very few leases are left out. Source: Ministerio de Vivienda y Agenda Urbana – SERPAVI (datos tributarios).