SpendVerdict

Salary vs rent · Madrid

30,000 salary in Madrid: how much rent can you afford?

On €30,000/year your monthly take-home budget (gross) is €2,500/month. The median rent in Madrid is €1,450, which would take 58.0% of your income — Risky.

Your monthly rent budget

Comfortable (25%)up to €625/mo
Manageable (30%)up to €750/mo
Stretch (35%)up to €875/mo
Risky (45%)up to €1,125/mo

Rent landscape in Madrid

€950

38.0% of your salary

Budget rent

€1,450

58.0% of your salary

Typical rent

€2,200

88.0% of your salary

High-end rent

Renters in Madrid typically spend 2444% of income on rent. At €30,000/year, you have limited room to cover the median rent comfortably.

Check with your actual rent →

Data confidence: high · INE Encuesta de Presupuestos Familiares + Banco de España housing report 2023, adjusted for new-let market · 2023–2024

Other salaries in Madrid

€20,000 salary in Madrid€50,000 salary in Madrid€60,000 salary in Madrid

More for this city

Cost of living guide: MadridCan I afford €1,200 rent in Madrid?Can I afford €1,500 rent in Madrid?