Madrid city: Median Gross Rent Trend
How Madrid city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$744
2023
$1,034
Total change
+$290
% change
+39%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $744 | — |
| 2019 | $756 | +$12 (1.6%) |
| 2020 | $850 | +$94 (12.4%) |
| 2021 | $1,002 | +$152 (17.9%) |
| 2022 | $897 | $105 (-10.5%) |
| 2023 | $1,034 | +$137 (15.3%) |