Rent in Bilbao vs Madrid
Vizcaya · País Vasco — Madrid · Comunidad de Madrid · INE data 2026
Renting in Bilbao is 13% cheaper than in Madrid. The difference is €133.70000000000005/month — a saving of €1,604.4 per year.
€872.3/month in Bilbao vs €1006/month in Madrid. National average: €648/month.
Context
Bilbao stands out for combining a solid industrial and tech job market with a highly regarded urban quality of life. Its rent is lower than Madrid's but above the national average, placing it in an attractive middle range for skilled workers.
Estimated rent
Bilbao
872.3€/month
Madrid
1006€/month
Annual change
Bilbao
+2.4%
Madrid
+2.7%
INE index (base 2015=100)
Bilbao
123.6
Madrid
118.3
vs national average
Bilbao
+224.29999999999995€
Madrid
+358€
Population
Bilbao
351,124
Madrid
3,506,730
Per capita income
Bilbao
19,478€
Madrid
19,632€
Rent-to-income ratio
Bilbao
53.7%
Madrid
61.5%
Where is it better to rent?
In terms of rent, Bilbao is the more affordable option at €872.3/month, 13% less than Madrid (€1006/month). Living in Bilbao saves €1,604.4 per year compared to Madrid.
Bilbao
Vizcaya · País Vasco
872.3€/month
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Madrid
Madrid · Comunidad de Madrid
1006€/month
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Cost of living guides
More comparisons with Bilbao
Official source
Instituto Nacional de Estadística
Organismo estadístico oficial del Estado español
www.ine.es View source →