Business · Companies · 10 hrs ago
Rents fall in eight Madrid districts as citywide growth stalls
Madrid rents barely rose in September, after years of sharp increases: the average reached €22.4 per square metre, up 0.1% from a year earlier.
Eight of the city's 21 districts saw annual declines, and rents in 12 districts were lower than in the previous quarter.
Villaverde had the biggest yearly drop, at 14.2%, followed by San Blas at 6.7%.
Rent growth has slowed across Spain's major cities after prices rose much faster than wages in recent years.
Some renters are looking farther from large cities because they cannot afford the rents, while uncertainty over rental rules has led some landlords to value reliable tenants over higher prices.
Demand is shifting away from expensive city centres, helping explain why rents have fallen more in outlying districts while some central areas have held up better.
The figures point to a cooling market, but rents still vary widely between Madrid districts.
Madrid rents rose by 0.1% year on year in September to €22.4 per square metre, while growth across the city stalled.
Eight of the capital’s 21 districts recorded annual rent declines, led by Villaverde, where rents fell 14.2%.
Twelve districts recorded quarterly declines.
The article says tenants are increasingly looking farther from major cities because of rising housing costs.
It also cites legal uncertainty for landlords as a factor affecting rental prices.
- Who
- Tenants and landlords in Madrid’s rental market.
- What
- Rents stalled across Madrid, with annual declines in eight districts.
- When
- The figures are for September; the article was published on 24 October 2026.
- Where
- Madrid, Spain.
- Why
- The article cites tenants seeking housing farther from major cities because of rising rents, as well as legal uncertainty for landlords.
This story does not have two clearly opposing sides.
Madrid rents had risen sharply amid population growth and limited possibilities for new construction.
Rents in Madrid rose 0.1% year on year to €22.4 per square metre, according to Fotocasa figures.
Expansión reported that rents had fallen year on year in eight of Madrid’s 21 districts.
- Citywide annual change
- 0.1% increase in September
- Average rent
- €22.4 per square metre in September
- Districts with annual declines
- 8 of 21
- Largest annual decline
- Villaverde, down 14.2%
- Next-largest annual decline
- San Blas, down 6.7%
- Quarterly declines
- 12 districts