Real rental prices, percentiles and housing mix in Trafalgar.
Median rent
€1,800/month
Mean: €2,060/month
Price per m²
33.3€
Madrid: 26.8€/m²
Median size
60 m²
Madrid: 62 m²
Listings analyzed
221
Idealista listings
Prices, percentages and counts are calculated from Idealista listings of the last few months.
Trafalgar is Chamberí at its most typical, and Chamberí is the district relocation agents name again and again as the most requested in Madrid. Life here revolves around the Plaza de Olavide and its ring of terraces, in a fabric of neighbourhood shops, covered markets and a restaurant scene that has grown fast over the past decade.
It is authentically madrileño and expensive at the same time: a median of 1,700€ for 65 m², exactly the city's median size. It attracts families with school-age children, professionals in their thirties, and foreigners who have already done a year in the centre and now want to sleep at night. Schools and healthcare are among the best in the city.
What you will not find here is a deal. The 251 listings we analysed move fast and almost always through an agency, and asking rents reflect how many people want to be here. Nightlife beyond the terraces on Olavide is limited. This is a neighbourhood to settle in rather than a neighbourhood to spend a year in.
Transport: metro lines L1 and L4 (Bilbao), L1 (Iglesia), L2 (Quevedo) and L4, L5 and L10 (Alonso Martínez).
48% of rental flats in Trafalgar have one bedroom, followed by 33% with two bedrooms. Studios make up 6% of the supply, and flats with four or more bedrooms, 0%.
Lift. 65% of rental homes here have a lift. Three quarters of homes have a lift: late nineteenth-century blocks sit alongside post-war buildings that were designed with one from the start.
Private landlord or agency. 10% of listings are posted by a private landlord, against 90% that come through an agency. As in most of Madrid, the supply is dominated by agencies.
The median rent in Trafalgar is €1,800 a month. Most flats let for between €1,300 and €2,590 a month: a quarter of the supply falls below €1,300, and another quarter goes above €2,590.
Per square metre that works out at 33.3€/m². Applied to real floor areas, a 50 m² flat lands around €1,660 a month, a 70 m² flat around €2,330, and a 90 m² flat around €3,000.
Against the city as a whole, Trafalgar sits 12% above the Madrid median (€1,600/month), where the median price per square metre is 26.8€/m².
In Trafalgar, only 10% of listings go below 22.7€/m². If you find a 70 m² flat at €1,590 a month or less, it is below the 10th percentile for the neighbourhood.
That does not make it a scam, but it is worth checking before you go any further. A price well below the local market is the single most common red flag in rental fraud.
For reference, the 25th percentile in Trafalgar sits at 26.7€/m². Below that, the price is good for the area without being anomalous.
We check that our sample can support a trend before publishing one, and right now it cannot. At the number of listings we analyse per period in Madrid, splitting that same data in half at random already produces swings of more than 15%, with no change in the market at all. Any percentage we published would describe the size of our sample rather than rents.
The prices on this page are unaffected: a median needs far less history than a trend does. We will publish the change again once we can compare two long periods on the same coverage.
Looking for a flat in Trafalgar right now? The good listings are gone within hours. Our Idealista apartment alerts notify you the moment one matching your search goes live, before everyone else sees it.
The median rent in Trafalgar is €1,800 a month, which works out at roughly 33€/m². Most flats let for between €1,300 and €2,590 a month. These figures come from 221 Idealista listings over the last few months.
We do not publish a price trend for Trafalgar yet. We check that the sample supports one, and for now it does not: the change we would calculate falls inside the margin of error of the sample itself. The median and percentiles on this page are sound.
65% of rental homes in Trafalgar have a lift. Three quarters of homes have a lift: late nineteenth-century blocks sit alongside post-war buildings that were designed with one from the start.
Expect to be asked for your NIE (Número de Identificación de Extranjero) if you are a foreigner, your last few payslips or proof of income, your employment contract, and increasingly a bank guarantee or several months of deposit. None of it is a legal requirement of the contract itself, but applicants who turn up without the paperwork ready lose the flat to someone who has it. Assemble the folder before you start viewing.