Rent in Retiro, Madrid: price per m² in 2026
Sought-after residential area around Retiro Park (Ibiza, Niño Jesús, Pacífico). Affluent, stable tenants and high rents.
Estimated monthly rent by size
| Size | Low | Median | High |
|---|---|---|---|
| 40 m² | 1,080 € | 1,340 € | 1,750 € |
| 60 m² | 1,320 € | 1,660 € | 2,150 € |
| 80 m² | 1,580 € | 1,980 € | 2,570 € |
| 100 m² | 1,940 € | 2,420 € | 3,150 € |
Rent caps and annual updates
Annual increases on an existing lease are capped by the IRAV: 2.54% (09/2026).
Other neighbourhoods — Madrid
- Chamartín · 21–26 €
- Arganzuela · 20–25 €
- Tetuán · 20–25 €
Rent per m² in Madrid by neighbourhood (2026) →
Frequently asked questions
- What is the average rent in Retiro?
- Asking rent in Retiro ranges from €21 to €27 per m² per month, about €24.0/m² in the middle of the range.
- How much does a 70 m² flat cost to rent in Retiro?
- Expect around €1,380 to €2,250 a month for 70 m², excluding fees, depending on condition and features.
- How much can rent rise each year?
- During the lease, the annual update is capped by the IRAV published by INE: 2.54% (09/2026).
Where do these figures come from?
The €/m² range comes from the average asking rent published by Idealista (September 2026). Rents by size are calculated with the same model as our analysis tool: the published price of the area (or sub-area, capped at the district average in Madrid and Barcelona), adjusted for size, because small flats rent for more per m². These are asking rents from listings (unfurnished, long term), not signed rents. The low end is not a floor: adjust for condition, floor, terrace or parking.
Found a listing you like?
Paste the Idealista link: estimated rent, yield, tax and cash flow in seconds.
Analyse a listing for free →