Madrid province Property Prices, Rents & Rental Yields

Data updated monthly.Last update:September 1, 2026
Spain
Confidence
High

Madrid province market overview: score, prices and rental yields

Market Score

76Good
76 / 100
Investability
73
Price momentum
29
Rental demand
85
Sales demand
100

Median asking price

€370,000
1M
0%
1Y
+6%
Median asking price
MonthMedian asking price
October 2025€349,000
November 2025€350,000
December 2025€360,000
January 2026€360,000
February 2026€365,000
March 2026€370,000
April 2026€370,000
May 2026€370,000
June 2026€374,500
July 2026€379,900
August 2026€370,000
September 2026€370,000

Median monthly rent

€1,800
1M
+2.8%
1Y
+12.4%
Median monthly rent
MonthMedian monthly rent
October 2025€1,650
November 2025€1,700
December 2025€1,650
January 2026€1,650
February 2026€1,700
March 2026€1,700
April 2026€1,750
May 2026€1,750
June 2026€1,700
July 2026€1,700
August 2026€1,750
September 2026€1,800

Gross Rental Yield

6.37%
1M
+0.5%
1Y
-2.4%
Gross Rental Yield
MonthGross Rental Yield
October 20256.47%
November 20256.44%
December 20256.37%
January 20266.32%
February 20266.32%
March 20266.23%
April 20266.27%
May 20266.3%
June 20266.26%
July 20266.12%
August 20266.34%
September 20266.37%

Median price per m²

€4,350
1M
0%
1Y
+9.8%
Median price per m²
MonthMedian price per m²
October 2025€4,010
November 2025€3,980
December 2025€4,090
January 2026€4,090
February 2026€4,200
March 2026€4,250
April 2026€4,300
May 2026€4,250
June 2026€4,300
July 2026€4,420
August 2026€4,350
September 2026€4,350

Market Breakdown

Property listings (29,428 for sale)

Top submarket

69
Gross Rental Yield
6.38 %
Median asking price
€244.3k
Median monthly rent
€1,400

Gross Rental Yield

Gross Rental Yield
CategoryGross Rental Yield
Studio6.08%
1 bedroom5.98%
2 bedroom6.18%
3 bedroom7.61%
4+ bedroom5.45%
Gross Rental Yield
CategoryGross Rental Yield
< 30 m² apartments6.67%
30-40 m² apartments6.03%
40-50 m² apartments6.27%
50-60 m² apartments6.82%
60-70 m² apartments7.16%
70-80 m² apartments7.03%
80-90 m² apartments6.69%
90-100 m² apartments6.15%
100-110 m² apartments6.13%
110-120 m² apartments5.57%
120-130 m² apartments4.91%
130-140 m² apartments4.68%
140-150 m² apartments4.55%

Median price per m²

Median price per m²
CategoryMedian price per m²
Studio€5,220
1 bedroom€5,250
2 bedroom€4,790
3 bedroom€3,810
4+ bedroom€4,810
Median price per m²
CategoryMedian price per m²
< 30 m² apartments7400
30-40 m² apartments6830
40-50 m² apartments5530
50-60 m² apartments4640
60-70 m² apartments4190
70-80 m² apartments3920
80-90 m² apartments4050
90-100 m² apartments4150
100-110 m² apartments4330
110-120 m² apartments4730
120-130 m² apartments5320
130-140 m² apartments5750
140-150 m² apartments6040

Number of listings for sale

Number of listings for sale
CategoryNumber of listings for sale
Studio488
1 bedroom2,860
2 bedroom7,000
3 bedroom8,935
4+ bedroom2,271
Number of listings for sale
CategoryNumber of listings for sale
< 30 m² apartments194
30-40 m² apartments491
40-50 m² apartments1,043
50-60 m² apartments1,930
60-70 m² apartments2,832
70-80 m² apartments2,780
80-90 m² apartments2,529
90-100 m² apartments1,932
100-110 m² apartments1,713
110-120 m² apartments1,327
120-130 m² apartments1,229
130-140 m² apartments847
140-150 m² apartments716

Number of listings for rent

Number of listings for rent
CategoryNumber of listings for rent
Studio1,118
1 bedroom3,298
2 bedroom3,997
3 bedroom2,470
4+ bedroom791
Number of listings for rent
CategoryNumber of listings for rent
< 30 m² apartments594
30-40 m² apartments770
40-50 m² apartments1,134
50-60 m² apartments1,365
60-70 m² apartments1,481
70-80 m² apartments1,324
80-90 m² apartments1,100
90-100 m² apartments888
100-110 m² apartments719
110-120 m² apartments554
120-130 m² apartments523
130-140 m² apartments371
140-150 m² apartments307

Market Trends

Listings by property size

Studio (5%)
1 bedroom (19%)
2 bedroom (33%)
3 bedroom (34%)
4+ bedroom (9%)
Listings by property size
CategoryListings by property size
Studio (5%)1,606 listings (5%)
1 bedroom (19%)6,158 listings (19%)
2 bedroom (33%)11.0k listings (33%)
3 bedroom (34%)11.4k listings (34%)
4+ bedroom (9%)3,062 listings (9%)

Sales Activity Index

22-43%
Sales Activity Index
MonthSales Activity Index
October 202539%
November 202539%
December 202537%
January 202630%
February 202634%
March 202643%
April 202641%
May 202622%
June 202638%
July 202635%
August 202631%
September 202624%

Rent Activity Index

34-58%
Rent Activity Index
MonthRent Activity Index
October 202558%
November 202551%
December 202549%
January 202644%
February 202648%
March 202652%
April 202652%
May 202634%
June 202649%
July 202647%
August 202651%
September 202653%

Median asking price

Median asking price
MonthStudio1 bedroom2 bedroom3 bedroom4+ bedroom
October 2025€238k€275k€350k€349.9k€588.9k
November 2025€250k€275k€360k€350k€625k
December 2025€245.9k€283.3k€365k€360k€648k
January 2026€241.3k€290k€369k€365k€625k
February 2026€240.0k€292k€370k€364.9k€655k
March 2026€239k€290k€385.2k€365k€684.9k
April 2026€247k€295k€380k€360k€690k
May 2026€249.5k€295k€380k€366k€678.0k
June 2026€239.5k€297k€375k€365k€679.5k
July 2026€240k€310k€380k€372k€675k
August 2026€235k€300.0k€369.9k€369.9k€650k
September 2026€235k€299k€369k€370k€649k

Median monthly rent

Median monthly rent
MonthStudio1 bedroom2 bedroom3 bedroom4+ bedroom
October 2025€1,150€1,400€1,800€2,200€3,000
November 2025€1,190€1,450€1,800€2,190€2,990
December 2025€1,150€1,450€1,850€2,200€2,800
January 2026€1,150€1,450€1,900€2,200€2,800
February 2026€1,150€1,450€1,900€2,250€2,800
March 2026€1,150€1,400€1,900€2,300€3,000
April 2026€1,100€1,400€1,900€2,400€3,000
May 2026€1,100€1,400€1,900€2,400€3,180
June 2026€1,100€1,400€1,850€2,300€3,200
July 2026€1,100€1,400€1,850€2,300€3,200
August 2026€1,150€1,450€1,900€2,300€3,000
September 2026€1,190€1,490€1,900€2,350€2,950

Years to profit (sale to rent ratio)

Years to profit (sale to rent ratio)
MonthStudio1 bedroom2 bedroom3 bedroom4+ bedroom
October 202517.2516.3716.213.2516.36
November 202517.5815.816.6713.317.42
December 202517.8216.2816.4413.6419.29
January 202617.4816.6716.2313.8318.6
February 202617.3916.7816.2313.5219.49
March 202617.3917.2616.913.2519.03
April 202618.7117.5616.6712.519.17
May 202618.917.5616.6712.7117.79
June 202618.1417.6816.8913.2217.7
July 202618.1818.4517.1213.4817.58
August 202617.0317.2416.2213.418.06
September 202616.4616.7216.1813.1318.33

Median price per m²

Median price per m²
MonthStudio1 bedroom2 bedroom3 bedroom4+ bedroom
October 2025€5,290€5,000€4,430€3,500€4,360
November 2025€5,560€4,820€4,560€3,540€4,630
December 2025€5,470€4,970€4,620€3,640€4,800
January 2026€5,240€5,180€4,670€3,690€4,630
February 2026€5,330€5,210€4,680€3,690€4,850
March 2026€5,310€5,270€4,940€3,690€5,070
April 2026€5,490€5,270€4,870€3,670€5,110
May 2026€5,540€5,270€4,870€3,730€4,980
June 2026€5,320€5,300€4,810€3,720€5,000
July 2026€5,580€5,440€4,870€3,800€4,960
August 2026€5,220€5,260€4,800€3,810€4,780
September 2026€5,220€5,250€4,790€3,810€4,810

Profitability Scenarios

* With a €150,000 investment

Lower-yield district

€3,600

Annual Rental Income

Higher-yield district

€12,345

Annual Rental Income

As of September 2026, gross rental yields in Madrid province ranged from ~2.4% in the lowest-yielding districts to ~8.23% in the highest-yielding districts

About Madrid province

Madrid province combines the capital’s economic gravity with a wide apartment market shaped by transport links, business districts, and established suburban communities. For investors, it remains one of Spain’s most closely watched regions, where pricing and rental trends often move in step with broader metropolitan demand.

September 2026 brings the clearest signal: rents are rising faster than sale prices, tightening the investment equation even as values remain broadly stable month to month. The average apartment rent has moved up 2.8% since last month to €1,800, while the average sale price holds at €370,000 and the average price per square metre stays unchanged at €4,350. That combination points to a market where income is improving faster than entry pricing, but not enough to offset the longer-term climb in capital values.

On a yearly basis, the pressure is more visible. The average sale price is up 6.0%, the average rent is up 12.4%, and the average price per square metre has advanced 9.8%. With a yield of 6.37%, apartments in Madrid province still offer a measurable return profile, but the gap between rising rents and already higher purchase prices suggests investors are having to be more selective about timing and unit quality. The month therefore reads less like a cooling market and more like one in which rental growth is doing the heavy lifting.
Name
All
6.37 %
21,618
11,748
€370,000
€1,800
Studio
6.08 %
488
1,118
€235,000
€1,190
1 Bedroom
5.98 %
2,860
3,298
€299,000
€1,490
2 Bedrooms
6.18 %
7,000
3,997
€369,000
€1,900
3 Bedrooms
7.61 %
8,935
2,470
€370,000
€2,350
4+ Bedrooms
5.45 %
2,271
791
€649,000
€2,950

Summary and Key Takeaways

With a median rental yield of 6.37% and property prices starting at €235,000, Madrid province

may become a good investment option for some investors.

Median property prices in Madrid province are €370,000, while the median rent is €1,800. This means that a median property in Madrid province will pay for itself in 17.1 years.

Detailed real estate yield breakdown:

A median studio apartment: 6.08% yield, sale price €235,000, rent €1,190.

A median 1-bedroom apartment: 5.98% yield, sale price €299,000, rent €1,490.

A median 2-bedroom apartment: 6.18% yield, sale price €369,000, rent €1,900.

A median 3-bedroom apartment: 7.61% yield, sale price €370,000, rent €2,350.

A median 4+ bedroom apartment: 5.45% yield, sale price €649,000, rent €2,950.

Where exactly to buy the property?

Madrid province offers yields of up to 8.23% for 40-50 m² apartments making it a strong investment choice. Explore Madrid province in more detail to find the most profitable neighborhoods.

Nearby property markets

Compare prices, rents, and rental yields in geographically nearby markets.