Rent in Granada vs Madrid
Granada · Andalucía — Madrid · Comunidad de Madrid · INE data 2026
Renting in Granada is 43% cheaper than in Madrid. The difference is €434/month — a saving of €5,208 per year.
€572/month in Granada vs €1006/month in Madrid. National average: €648/month.
Context
Granada (Andalucía) and Madrid (Comunidad de Madrid) represent two rental markets from different Spanish autonomous communities. Granada is the more affordable option, saving €434/month compared to Madrid. Unemployment in Granada (17.9%) is higher than in Madrid (7.1%), which may affect rental demand and purchasing power.
Estimated rent
Granada
572€/month
Madrid
1006€/month
Annual change
Granada
+3%
Madrid
+2.7%
INE index (base 2015=100)
Granada
119.1
Madrid
118.3
vs national average
Granada
-76€
Madrid
+358€
Population
Granada
233,975
Madrid
3,506,730
Per capita income
Granada
16,024€
Madrid
19,632€
Rent-to-income ratio
Granada
42.8%
Madrid
61.5%
Where is it better to rent?
In terms of rent, Granada is the more affordable option at €572/month, 43% less than Madrid (€1006/month). Living in Granada saves €5,208 per year compared to Madrid.
Granada
Granada · Andalucía
572€/month
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Madrid
Madrid · Comunidad de Madrid
1006€/month
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Cost of living guides
More comparisons with Granada
Official source
Instituto Nacional de Estadística
Organismo estadístico oficial del Estado español
www.ine.es View source →