€4,000 a month
A typical rent · See whyWhat the advert says
Is this rent fair?
We compared it with the 19 three-bedroom flats closest in size (94–152 m²) advertised to rent long-term in Chamberí. Typical means inside the middle half of their rents. Asking rents, not signed leases, and not a fair-rent calculation.
Per m², against the same flats
€30.8 per m²
The middle of the 19 similar flats is €31 per m² a month.
What tenants pay on existing leases (2024)
€18.4 per m²
Arapiles, our estimate, per m² a month, from tax returns. Leases signed over past years run lower than asking rents today, so this is context, not a verdict on this flat.
No change to the asking rent since we first saw it on 5 Oct 2026.
Flats behind this read · Chamberí
The 19 flats closest in size, with the rents their agencies ask.
Asking rents, not signed leases · sorted by closest in size
This listingTypicalPiso exterior con terraza en venta en Arapiles, Madrid
130 m² · 3 beds · 2 baths
€30.8/m² per square metre a month
The flat you are looking at
3-bed penthouse with terrace in Arapiles, Chamberí
130 m² · 3 beds · 2 baths
€33.1/m² per square metre a month
Much like this one on the facts listed
Above typicalPiso en Madrid, Chamberí - Nuevos Ministerios - Ríos Rosas, alquiler
129 m² · 3 beds
€38.8/m² per square metre a month
Includes a garage space
TypicalBright 3-bed apartment with lift in Ríos Rosas, Chamberí
134 m² · 3 beds · 2 baths
€24.6/m² per square metre a month
Much like this one on the facts listed
TypicalRenovated 3-bed apartment in Trafalgar, Chamberí
123 m² · 3 beds · 2 baths
€30.9/m² per square metre a month
Much like this one on the facts listed
Typical3-bed apartment with lift in Gaztambide, Chamberí
140 m² · 3 beds · 3 baths
€28.2/m² per square metre a month
4th floor, lift
TypicalBright 3-bed penthouse with terrace on Calle Cristóbal Bordiú in Ríos Rosas, Chamberí
119 m² · 3 beds · 2 baths
€35.3/m² per square metre a month
6th floor, lift
Above typicalRenovated 3-bed apartment on Calle Palafox in Trafalgar, Chamberí
115 m² · 3 beds · 3 baths
€39.1/m² per square metre a month
4th floor
Above typicalAlquiler de exclusivo apartamento exterior con 3 dormitorios y terraza
147 m² · 3 beds · 3 baths
€30.6/m² per square metre a month
6th floor
TypicalSpacious 3-bed apartment with lift in Chamberí
111 m² · 3 beds
€37.8/m² per square metre a month
Includes a garage space
Below typicalPiso en Madrid, Chamberí - Almagro, alquiler
110 m² · 3 beds
€28.2/m² per square metre a month
New or fully renovated · Includes a garage space
Typical3-bed apartment with terrace in Arapiles, Chamberí
109 m² · 3 beds · 3 baths
€30.3/m² per square metre a month
Ground floor
TypicalSpacious 3-bed apartment with terrace in Ríos Rosas, Chamberí
151 m² · 3 beds · 2 baths
€22.5/m² per square metre a month
New or fully renovated
Typical3-bed apartment with parking in Ríos Rosas, Chamberí
152 m² · 3 beds · 3 baths
€24.3/m² per square metre a month
Includes a garage space · 2nd floor
TypicalBrand-new 3-bed apartment with natural light in Río Rosas, Chamberí
152 m² · 3 beds · 3 baths
€22.4/m² per square metre a month
New or fully renovated · Ground floor
Above typical3-bed apartment with lift in Arapiles, Chamberí
100 m² · 3 beds · 3 baths
€55.0/m² per square metre a month
Ground floor
Below typicalRenovated 3-bed apartment on Calle de José Abascal in José Abascal, Chamberí
99 m² · 3 beds · 2 baths
€31.8/m² per square metre a month
Ground floor
TypicalBright 3-bed apartment with terrace in Chamberí
96 m² · 3 beds · 3 baths
€41.7/m² per square metre a month
New or fully renovated · Includes a garage space
Below typicalPiso en Madrid, Chamberí - Almagro, alquiler
94 m² · 3 beds
€31.9/m² per square metre a month
New or fully renovated · Includes a garage space
Below typicalPiso en Madrid, Chamberí - Almagro, alquiler
94 m² · 3 beds
€28.7/m² per square metre a month
New or fully renovated · Includes a garage space
The neighbourhood · Chamberí
This flat is in Arapiles, a barrio (neighbourhood) of the Chamberí district. The people who live here, what homes sell for and what rent costs, each set against Madrid city. Green means up, red means down, blue means little change.
€65,174a year
Household income · Madrid €49,916
Official district, including Almagro
People
€10,168per m²
Madrid, homes we track: €10,968
Price trend
up 10.6%in a yearup 3.9%on the quarter
Official price index · all second-hand sales in the district
What homes here sold for
Homes for sale now
€31.6per m² a month
Madrid, homes we track: €31.3
What tenants pay on existing leases
Homes to rent now
Asking rents are for homes advertised today. What tenants pay on existing leases comes from tax returns, runs about two years behind and is usually lower.
No grade for mortgage defaults or homes occupied without a lease (ocupación), on purpose. Spain publishes both only for the whole province, so a Chamberí grade would be invented precision.
The building itself
Spain’s land registry (the Catastro) records every building’s size, age and use. The first two figures are the agency’s.
It tells you what similar flats ask and what to check before you sign. The verified agent can tell you the rest.
An independent agent Frankly has verified, who acts for the people renting or buying, never for landlords or sellers. 30 minutes, free, no obligation.
How we got these numbers
Every figure in this section: what it measures, where it comes from, and what we did to it.
Attribution
Source: Ministerio de Vivienda y Agenda Urbana, SERPAVI, 2011–2024 database (file last updated 9 July 2026); figures for 2024. Reused under the ministry’s terms, which require this citation.
Listing rents belong to the agencies that publish them. Frankly does not verify them.
How we got these numbers
Every figure in this section: what it measures, where it comes from, and what we did to it.
Attribution
Listing rents belong to the agencies that publish them. Frankly does not verify them.
How we got these numbers
Every figure on this card: what it measures, where it comes from, and what we did to it. Figures cover the official district, which includes Almagro.
Attribution
Elaboración propia con datos extraídos del sitio web del INE: www.ine.es, 2023. Licence CC BY 4.0.
Origen de los datos: Ayuntamiento de Madrid, 2025–2026. Licence CC BY 4.0.
Comunidad de Madrid, IPVCM, Q2 2026. Licence CC BY 4.0.
Source: Colegio de Registradores, via Ayuntamiento de Madrid statistics.
How we got these numbers
Every figure on this card: what it measures, where it comes from, and what we did to it.
Attribution
Comunidad de Madrid, IPVCM, Q2 2026. Licence CC BY 4.0.
Source: Colegio de Registradores, via Ayuntamiento de Madrid statistics.
Listing prices belong to the agencies that publish them. Frankly does not verify them.
How we got these numbers
Every figure on this card: what it measures, where it comes from, and what we did to it.
Attribution
Elaboración propia con datos extraídos del sitio web del INE: www.ine.es, 2024. Licence CC BY 4.0.
Source: Ministerio de Vivienda y Agenda Urbana, SERPAVI, 2011–2024 database (file last updated 9 July 2026); figures for 2024. Reused under the ministry’s terms, which require this citation.
Listing prices belong to the agencies that publish them. Frankly does not verify them.
How we got these numbers
Every figure in this section: what it measures, where it comes from, and what we did to it.
Attribution
Origen de los datos: Ayuntamiento de Madrid. Licence CC BY 4.0.
Listing rents belong to the agencies that publish them. Frankly does not verify them.