Frankly.

District · one of Madrid’s 21

Centro

Historic heart of Madrid. Unmatched culture and access — at a premium.

769homes for sale right nowfor sale277 to rent

from 36 agencies · checked yesterday

See the homes

At a glance

Who lives here, what homes sell for, what they rent for.

Each card leads with the figure most buyers ask about, then compares it with Madrid city. Green means up, red means down, blue means little change.

Neighbourhood

€44,958household income a yeara year

Madrid €49,916Household income · Madrid €49,916

Official district

People

Population
down 3.1% in a year
141,800
Average age
Madrid 44.2
43.9
Aged 65 or over
Madrid 20.7%
16.9%
Registered unemployment
Madrid 5.8%
5.3%
Years of income to buy
average-size home (72 m²) ÷ household income · Madrid 9.8
11.7 years

SaleCentro · askingasking

€9,712per m²

Madrid, homes we track: €11,000

Price trend

What homes here sold for

Homes here sold for about
registered sales across the whole district, brought up to this quarter · not matched to barrioswhole district · not matched to barrios
€7,350/m²
Asking vs sold
Homes we track ask about 32% more than recorded sales across the district. Part of that is location.about 32% more, whole district
+32%

Homes for sale now

Priced below our fair value
of 640 homes we can read
29%
Typical time advertised
since we first saw each one
115 days
Have cut their price
89 of 769
12%

RentCentro · askingasking

€29.6per m² a month

Madrid, homes we track: €29.7

Rents declared for tax

In 2024
up 4.1% that year
€17.7 per m²

Homes to rent now

To rent now
homes we track
277
Typical rent
half ask less, half more
€2,950 a month
Typical time listed
since we first saw each one
129 days

Asking rents of the homes we track. Declared rents come from tax returns and run about two years behind.

No grade for mortgage defaults or squatting (okupación), on purpose. Spain publishes both only for the whole province, so a Centro grade would be invented precision.

Homes in Centro

Every home to rent in Centro, with our read on each rent.Every home to rent, with our read on each rent.

Sorted by rent per m², lowest first. Our read compares each rent with similar flats to let in Centro: same bedrooms, similar size.

Showing 120 homes to rent1 filter on · Clear allRent has been cut
120 homesRent per m², lowest first
Homes to rent in Centro, sorted by rent per m², lowest first
PhotoAddressRent /mo€/m²/moBedsFurnishedVs typicalDaysCutsAgency
Ático en Madrid, alquiler6th floor, lift€1,700€11.31502YesBelow typical167No readPresidence Rentals
Sol, Madrid ciudadGround floor, terrace€2,800€17.61592YesBelow typical481 · −7%AProperties Rentals
Ático en Madrid, CENTRO, alquiler6th floor, lift€1,800€17.61022YesBelow typical167No readPresidence Rentals
Elegancia exterior con balcones y luz1st floor, lift€3,500€18.11932PartBelow typical11No readDiza Consultores Rentals
Piso en Madrid, CENTRO, alquilerLift€4,000€19.92012YesTypical167No readPresidence Rentals
Palacio, Madrid ciudadPalacio · Ground floor, terrace€2,390€19.91202PartBelow typical1111 · −4%AProperties Rentals
Huertas - Cortes, Madrid ciudadHuertas · Ground floor, terrace€3,950€19.91982Not statedTypical116No readAProperties Rentals
Huertas - Cortes, Madrid ciudadHuertas · Ground floor, terrace€4,000€20.02002YesTypical144No readAProperties Rentals
Apartamento en Madrid, CENTRO, alquilerLift€1,600€20.3792YesBelow typical167No readPresidence Rentals
Apartamento en Madrid, alquilerLift€2,300€20.91102PartBelow typical167No readPresidence Rentals
Piso en Madrid, Centro - Huertas - Cortes, alquilerHuertas · Lift€2,300€21.11092YesBelow typical144No readTerra Homes Rentals
Ático en Madrid, CENTRO, alquiler6th floor, lift€1,900€21.1902YesBelow typical167No readPresidence Rentals
Piso en Madrid, Centro - Justicia, alquilerGround floor, lift€2,700€21.41262Not statedBelow typical167No readTerra Homes Rentals
Sol, Madrid ciudadGround floor, terrace€3,300€22.01502YesTypical144No readAProperties Rentals
Sol, Madrid ciudadGround floor, terrace€2,700€22.31212PartBelow typical9No readAProperties Rentals
Palacio, Madrid ciudadPalacio · Ground floor, terrace€2,198€22.4982YesBelow typical51No readAProperties Rentals
Ático en Madrid, Centro - Lavapiés - Embajadores, alquilerEmbajadores · 4th floor, lift€2,200€22.4982YesBelow typical167No readTerra Homes Rentals
Centro1st floor€3,200€23.01392YesBelow typical4No readBarnes Madrid Rentals
Chueca - Justicia, Madrid ciudadGround floor, terrace€1,850€23.1802NoBelow typical6No readAProperties Rentals
Lavapiés - Embajadores, Madrid ciudadEmbajadores · Ground floor, terrace€1,650€23.6702YesBelow typical842 · −8%AProperties Rentals
Piso en Madrid, Centro - Malasaña, alquilerParking€2,850€23.81202YesBelow typical138No readTerra Homes Rentals
Chueca - Justicia, Madrid ciudadGround floor, terrace€2,700€24.11122YesBelow typical841 · −10%AProperties Rentals
Piso en Madrid, Centro - Justicia, alquilerGround floor, terrace€2,800€24.31152Not statedBelow typical144No readTerra Homes Rentals
Piso en Madrid, alquilerLift€3,700€24.71502PartTypical167No readPresidence Rentals
1–24 of 120 homes

Rents are what agencies are asking. “Typical” means inside the middle half of rents for similar flats to let in Centro: same bedrooms where we have at least three, otherwise similar size. With fewer than three similar flats we show no read. We do not calculate a fair rent, so there is no gap column in this mode. Furnished comes from the listing’s own wording; “—” means it does not say.

Found one you like? Ask before you offer.

The verified agent can tell you what the numbers above leave out: works planned on a building, how a street feels at night, and what a seller here is likely to accept.The verified agent can tell you what the numbers leave out: works planned on a building, how a street feels at night, what a seller here is likely to accept.

Check one home’s price

An independent buyer’s agent in Madrid that Frankly has verified. 30 minutes, free, no obligation — paid by you, not by the seller.An independent buyer’s agent Frankly has verified. 30 minutes, free. Paid by you, not by the seller.