Rent in Madrid vs Santander
Madrid · Comunidad de Madrid — Cantabria · Cantabria · INE data 2026
Renting in Santander is 78% cheaper than in Madrid. The difference is €441/month — a saving of €5,292 per year.
€1006/month in Madrid vs €565/month in Santander. National average: €648/month.
Context
Madrid (Comunidad de Madrid) and Santander (Cantabria) represent two rental markets from different Spanish autonomous communities. Santander is the more affordable option, saving €441/month compared to Madrid. Unemployment in Santander (10.6%) is higher than in Madrid (7.1%), which may affect rental demand and purchasing power.
Estimated rent
Madrid
1006€/month
Santander
565€/month
Annual change
Madrid
+2.7%
Santander
+2.5%
INE index (base 2015=100)
Madrid
118.3
Santander
115.4
vs national average
Madrid
+358€
Santander
-83€
Population
Madrid
3,506,730
Santander
175,425
Per capita income
Madrid
19,632€
Santander
16,389€
Rent-to-income ratio
Madrid
61.5%
Santander
41.4%
Where is it better to rent?
In terms of rent, Santander is the more affordable option at €565/month, 78% less than Madrid (€1006/month). Living in Santander saves €5,292 per year compared to Madrid.
Madrid
Madrid · Comunidad de Madrid
1006€/month
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Santander
Cantabria · Cantabria
565€/month
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Cost of living guides
More comparisons with Madrid
Official source
Instituto Nacional de Estadística
Organismo estadístico oficial del Estado español
www.ine.es View source →