SpendVerdict

Salary guide · ES

Project Manager salary in Madrid: can you afford rent?

A Project Manager in Madrid typically earns €29,000€60,000/year, with a median around €41,000/year. Median 1-bedroom rent is €1,450/month.

Affordability verdict

Stretch

At a typical Project Manager salary of €41,000/year, spending on median Madrid rent (€1,450/mo) would take up 42% of gross income. That exceeds the 30% guideline significantly — housing would be a stretch burden.

Project Manager salary range in Madrid

€29,000

Entry level

lower quartile

€41,000

Typical

median estimate

€60,000

Experienced

upper quartile

Project managers plan, coordinate, and oversee projects to deliver on time and within budget across industries. Figures are gross annual salary estimates for Madrid.

How much rent can a Project Manager afford?

25% of income (comfortable)€854/mo
30% of income (standard)€1,025/mo
35% of income (stretch)€1,196/mo
Median Madrid rent€1,450/mo

Rent landscape in Madrid

€950

Budget

cheapest 10%

€1,450

Median

most common

€2,200

Premium

top 10%

1-bedroom equivalent. INE Encuesta de Presupuestos Familiares + Banco de España housing report 2023, adjusted for new-let market · 2023–2024

Check your own rent affordability →

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Project Manager salary in other cities

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Explore Madrid further

Cost of living guide: MadridCan I afford €1,000 rent in Madrid?Can I afford €1,200 rent in Madrid?