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 277 homes to rentNo filters onRent has been cut
277 homesRent per m², lowest first
Homes to rent in Centro, sorted by rent per m², lowest first
PhotoAddressRent /mo€/m²/moBedsFurnishedVs typicalDaysCutsAgency
Casa / Chalet en Madrid, alquilerLift€7,700€6.41,2008YesNo read167No readPresidence Rentals
Casa / Chalet en Aranjuez, alquilerLift€2,900€7.34003YesBelow typical167No readPresidence Rentals
Centro4th floor, lift€6,000€8.67003Not statedNo read4No readBarnes Madrid Rentals
Piso en Madrid, alquilerLift€1,750€10.11733YesBelow typical167No readPresidence Rentals
Piso en Madrid, alquilerLift€2,990€11.02724YesBelow typical167No readPresidence Rentals
Ático en Madrid, alquiler6th floor, lift€1,700€11.31502YesBelow typical167No readPresidence Rentals
Piso en Madrid, CENTRO, alquilerLift€3,200€11.92704PartBelow typical167No readPresidence Rentals
Piso en Madrid, alquilerLift€3,500€13.02703YesTypical167No readPresidence Rentals
Piso en Madrid, JUSTICIA - CORTES, alquilerLift€1,500€13.41121NoBelow typical86No readPresidence Rentals
Piso en Madrid, alquilerLift€2,900€13.62144PartBelow typical167No readPresidence Rentals
Piso en Madrid, alquilerLift€2,500€13.61844YesBelow typical167No readPresidence Rentals
Apartamento en Madrid, CENTRO, alquilerLift€3,500€14.02505YesTypical167No readPresidence Rentals
Lujo, luz y jardín en una propiedad excepcionalTerrace€6,750€14.94526Not statedTypical74No readDiza Consultores Rentals
Palacio, Madrid ciudadPalacio · Ground floor, terrace€2,750€15.11825PartBelow typical167No readAProperties Rentals
Ático en Madrid, CENTRO, alquilerLift€3,400€15.52203YesBelow typical167No readPresidence Rentals
Piso en Madrid, Centro - Malasaña, alquilerLift€3,600€16.12245YesTypical84No readTerra Homes Rentals
Piso en Madrid, Centro - Malasaña, alquilerLift€3,600€16.72155Not statedTypical167No readTerra Homes Rentals
Piso en Madrid, alquilerTerrace€1,700€17.01003NoBelow typical167No readPresidence Rentals
Lujo, luz y jardín en una propiedad excepcionalTerrace€7,900€17.54526Not statedTypical80No readDiza Consultores 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
Palacio, Madrid ciudadPalacio · Ground floor, terrace€4,500€18.02504PartTypical12No readAProperties Rentals
Elegancia exterior con balcones y luz1st floor, lift€3,500€18.11932PartBelow typical11No readDiza Consultores Rentals
Apartamento en Madrid, madrid, alquilerLift€1,090€18.5591PartBelow typical167No readPresidence Rentals
1–24 of 277 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.