Long-term stay in Madrid

Prolonged Stay in Madrid: All you Need to Know

Madrid, the beating heart of Spain, a city that combines tradition and modernity. If you’re already thinking about a long-term rent in Madrid, you can expect to enjoy the good life, with a good selection of neighborhoods to choose from, a strong rental market and a higher quality of living. This guide on how to get a long-term rental in Madrid provides real world information for new people in town, expats and almost-locals.

Why look for a long term rental in Madrid?

Renting long-term in Madrid can make sense for a variety of profiles from young professionals, to students and families moving in to this city of endless possibilities. Here are some reasons why:

• Cultural Center: In addition to rivers of fine art (the Prado, Reina Sofía and Thyssen-Bornemisza), Madrid is home to a kick-ass food scene and nightlife that’s among the best on the continent.
• Cost of Living: Rental prices are fairly reasonable in Madrid, especially if you are willing to live a little further from the city center (e.g., compared to other major European capitals like London or Paris).
• Connectivity: Madrid enjoys seamless connectivity in the form of an expansive metro system, high-speed trains called AVE and being close to Adolfo Suárez Madrid-Barajas Airport.
• Neighborhood diversity: From hipster Malasaña to posh Salamanca or family-centered Chamberí, neighborhoods in Madrid are made for all lifestyles and budgets.

Getting to Know the Madrid Rental Market

Madrid’s rental market is competitive, especially in the central and popular neighbourhoods. Here’s a breakdown of what you need to consider.

Rental Prices

Rental Apartment Prices in Madrid As of mid-2025, rental prices in Madrid vary widely depending on neighborhood:

• City Center (Centro): High demand and close proximity to landmarks drive a €1,200-€2,000 price tag for a one-bedroom apartment per month.
• Salamanca: One of the nicest that will run you anywhere between €1,500-€2,500 for a one-bedroom and is perfect for anyone looking to live in luxury.
• Malasaña and Chueca: Trendy, bohemian parts of town that are popular with younger renters looking to be in the thick of it all and where a one-bedroom apartment will set you back €1,000-€1,600.
• Retiro or Chamberí: Family-friendly area with more space; two-bedroom apartments typically run between €1,400-€2,200.
• Outskirts (like Carabanchel and Usera): This area is a little more budget-friendly, with one-bedroom rents starting at €800-€1,200.

Prices vary based on size of apartment, condition and amenities like elevators or balconies. Furnished apartments generally rent at a premium.

Lease Terms

Long-term leases in Spain usually range from one to five years, although the Spanish Urban Leases Law (Ley de Arrendamientos Urbanos) requires the first year to be mandatory. Key points include:

• Lease term: Most landlords prefer a minimum of one year, although the longer the lease the better (3–5 years for the lowest monthly rents).
• Deposit: One or two months, standard, to be returned at the end of the lease if there are no damages.
• Notice Period: Tenants are to give 30 days’ notice before they can move out after the first six months.
• Utilities: These are generally not included in rent, so set aside another €100-€200/month for electricity, water and internet.

How to rent long-term in Madrid

Plan Ahead Securing a long term rental apartment in Madrid takes some planning and knowledge of how things work in Spain. Follow these steps:

• Define Your Needs.
• Think about your budget, preferred neighborhood and specific apartment needs (furnished or unfurnished, size, pet policies).

Research neighborhoods that fit your lifestyle:

• Young Professionals: Malasaña, Chueca or Lavapiés for lively neighbourhoods with lots of walkability.
• Families Chamartín, Chamberí, or Arganzuela for tranquillity, and access to schools.
• Students: Moncloa, or Ciudad Universitaria, near major universities.

Start Your Search

Popular outlets for finding rentals include:

• Idealista and Fotocasa: These are the go-to websites for listings, and can be sorted by price, location and what is included.
• Spotahome or Uniplaces: Great for expats, features verified listings and English-speaking staff.
• Local Agencies: Real estate agency (inmobiliarias) can be a help, but usually has a fee (1 month’s rent).
• Word of Mouth: Network with locals or expat communities through platforms like X and Meetup can yield some hidden gems.
• Zipple platform: You can rent an apartment from Zipple or get search service.

Prepare Documentation

Common requirements for landlords in Madrid are:

• Copy of the passport or NIE (Número de Identidad de Extranjero) for non-EU residents.
• Evidence of income (eg, an employment contract, payslips, or bank statements).
• A deposit guarantee or extra deposit for those unemployed with no permanent income in Spain.
• Recommendations from past landlords, if possible.

View Properties

Act fast for viewings, because all the best ignore the day on market. Check for:

• Lots of light and air.
• State of appliances and furniture (if furnishings are included).
• Noise levels particularly around the center.
• Nearness to transport or shops.

Negotiate and Sign

After you find an appropriate property:

• Negotiate something, like the rent, lease length or utilities.
• Carefully review the contract - preferably with a friend or lawyer who speaks Spanish if you aren’t fluent.
• Have it in writing (i.e., any agreements re repairs, or anything else with the landlord).

How to Rent Without Risk

• Costumes, Dresses, Fashions for Sale Learn Basic Spanish: While some of the landlords are able to speak English, you do yourself a favor prior to arriving to learn even just basics in Spanish, it'll aid in negotiations and contracts
• Know Your Rights: The Spanish Urban Leases Law protects renters, with provisions for lease renewal following 1 year.
• Fees Budget: You will also have to budget for agency fees or community fees (if your building requires maintenance).
• Verify the Internet: High-speed internet is generally available, but ask the landlord, particularly in older buildings.
• Look Into Short-Term Housing: If moving from out of town, rent an Airbnb first to get a feeler for the neighborhoods.

Difficulties and Solutions

• High Demand: These are the most competitive areas. Get ahead and reach out to landlords as soon as you find a listing.
• Translator: Rely on translation apps or pay a bilingual agent if the thought of navigating Spanish contracts is intimidating.
• Bureaucracy: Getting an NIE can be time-consuming. Begin the process early through the Spanish consulate or in bullfighting towns with local authorities.
• Price Jump: Other landlords may attempt to jack up your rent every year. Make sure that any increases are in accord with local laws (which are usually tied to the inflation rate).

Madrid as a Long Term Renter

And after settling in, Madrid provides an incomparable lifestyle:

• Culture: Free museum days, local festivals such as San Isidro, and affordable tapas in every part of town.
• Public Transit: The metro and Cercanías train services make owning a car unnecessary for much of the population.
• Community: Participate in expat groups, local meetups and establish a social network.
• Day Trips: Weekend trips to Toledo, Segovia or Ávila are all within easy reach from Madrid.

Conclusion
Living long-term in Madrid means living in one of the most vibrant cities in Europe. But by learning what the market demands, doing your due diligence and zeroing in on the right neighborhood, you may be able to find a house that suits your lifestyle and your wallet. Whether you’re into the historic charm of Centro or feel good vibes in Lavapiés, Madrid’s rental market offers a variety for everyone. Get out there and search early, stay organized and you’ll be calling this lively city home in no time. Schedule a call with us.