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Accomodation in Madrid

Madrid ‘s Best Neighbourhoods to Rent

spanish building, light coloured with small balconies
Written by Daniella

Many people dream of living in Madrid, although they sometimes worry about higher rental prices in the capital and in most other Spanish cities. If you own your apartment in Madrid, however, you are in luck, but renting a property is also a good idea. Just be aware that some neighbourhoods are more suitable for people who prefer to rent, than others.

Today, this article by ShMadrid will focus on the best areas in Madrid to rent an apartment. So pay attention, property owners!

Related article: Areas in Madrid with More Affordable Rent

The best areas to rent property in Madrid

Azca: Live close to work

buildings in azca district in madrid

Photo by federicojorda via Visualhunt

Azca is Madrid’s financial centre situated in Chamartín district and it is also one of the best parts of the city to rent an apartment. It stands out for having an excellent commercial network with different shops, including large stores and chains, such as Zara, Mango and El Corte Inglés.

The area is filled with leisure and cultural venues, sports facilities, restaurants and terraces.

It is the perfect place to live, if you prefer being close to work without having to go to another district to do your daily shopping.

Centro Madrid: Everything within reach

Madrid’s Centro is the most historic district in the city. This area is loved by tourists for its iconic Gran Vía with its theatres and cinemas, and street market El Rastro. The market is open all day on Sundays and holidays.

Centro’s most popular neighbourhoods are Palacio, Embajadores, Cortes, Justicia, Universidad and Sol, and the latter is known for being the largest shopping zone in the district.

Malasaña: Leisure and culture

Malasaña is always a great option if you are looking for a rental apartment in Madrid. This district is in high demand for several reasons: it is very well connected by public transport, and it is also a leisure and entertainment area with an infinite number of bars, restaurants and art and culture centres.

What makes Malasaña great, however, also has its effect on rental prices, as they are quite high in this district.

Related article: The Most Expensive Districts in Madrid to Rent

Moratalaz: Community life

large street in madrid

Photo by raptopassion via Visualhunt

Moratalaz is a perfect district for those who prefer a peaceful part of the city and who enjoy community life. Although it is a little farther from the city centre, it is well connected with downtown Madrid.

Moratalaz is one of Madrid’s cheapest districts to live in, and it also has modern housing which has increased real estate options.

Moratalaz has large green zones, and close to this district you will find La Gavia, one of the largest and most comprehensive shopping centres in the city of Madrid.

Salamanca: Madrid’s finest

Salamanca stands out for its classic and avant-garde architecture in the neighbourhoods of Recoletos, Goya and Castellana, and you can do some luxurious shopping at Calle de Serrano, Calle de Claudio Coello and Calle de José Ortega y Gasset.

Salamanca has perfect transport connections, with several metro lines and countless buses, reaching almost every part of Madrid. Although m² prices fit the district’s character and reputation, rental apartments are still very much in high demand, making it an excellent location  for anyone who wishes to invest in real estate.

*Main photo by juanpablo.santosrodriguez via Visualhunt

Which district or neighbourhood in Madrid do you like best?

About the author

Daniella

Daniella loves to write and translate. Her bucket list is filled with beautiful places she still needs to visit.

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