Based on 50 student reviews
Student Housing in Madrid.
50 exchange students told us where they lived in Madrid and what they paid. Median rent: $842 a month.
Where students actually live
Out of the 50 students who reviewed Madrid, here is how they split across housing types. Coliving or shared flat came out on top at 56%.
- Coliving or shared flat56%
28 students
- Private apartment30%
15 students
- Student residence10%
5 students
- Airbnb2%
1 students
- Other2%
1 students
What students really pay
Across 15 students who told us their rent, the middle figure in Madrid was $842 a month. The cheapest paid $540, the most expensive $1,291. These are amounts actually paid, not asking prices.
Converted to USD at the time each review was submitted.
The areas students chose
The neighbourhoods students named when we asked where they lived in Madrid:
- Malasana
- Sol
- La Latina
- Chamartin
- Chamberí
- Gran Via
Listed by how often students mentioned them, not by our opinion.
Student residences in Madrid
10% of students in Madrid stayed in a student residence, which makes it 3 among the options here. Residences usually cost more than a shared flat but come furnished, with bills included and no local guarantor to find. If you are arriving without a contact in Madrid, this is the least stressful way in.
Cheap student accommodation in Madrid
The cheapest rent reported in Madrid was $540 a month, against a median of $842. What separates the two is almost always the same three things: sharing a flat rather than renting alone, living one transport zone out from the centre, and signing for a full semester rather than month to month.
Erasmus housing in Madrid
Erasmus and exchange students in Madrid face the same problem: a lease that has to start and end with the semester, signed from another country, often without a local guarantor. That is why coliving or shared flat is the most common answer here rather than a standard rental. The 50 reviews below come from students who did exactly that.
When to start looking
Start looking as soon as your exchange is confirmed. The students who struggled in Madrid were, almost without exception, the ones who waited until they arrived.
Join the Madrid group before you search: rooms circulate there before they reach any listing site.
Questions about housing in Madrid
- How much does student housing cost in Madrid?
- The median rent reported by 15 students in Madrid is $842 a month, ranging from $540 to $1,291. These are figures students actually paid, collected through our reviews.
- Where do exchange students live in Madrid?
- The areas students named most often are Malasana, Sol, La Latina, Chamartin, Chamberí, Gran Via.
- What kind of housing do students choose in Madrid?
- Coliving or shared flat is the most common answer at 56%, out of 50 students who reviewed Madrid.
- When should I start looking for housing in Madrid?
- As soon as your exchange is confirmed. Rooms that suit a single semester are the first to go, and arriving without anything booked is the single most common regret in these reviews.
- Are there student residences in Madrid?
- Yes. 10% of the students who reviewed Madrid stayed in one. Residences come furnished with bills included, which avoids the local-guarantor problem most exchange students hit.
- How can I find cheap student accommodation in Madrid?
- Share rather than rent alone, look one transport zone out from the centre, and commit to a full semester. The students at the bottom of the range in Madrid did all three.
Where these numbers come from
50 exchange students who lived in Madrid filled in our review form after their semester. Every figure on this page is computed from their answers. Nothing here is an estimate.
Other cities in Spain
Other cities in Spain where students told us what they paid.
Housing in nearby cities
Still comparing? These are the closest cities we have housing data for.
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