SpendVerdict

Salary guide · ES

Software Engineer salary in Madrid: can you afford rent?

A Software Engineer in Madrid typically earns €36,000€96,000/year, with a median around €57,000/year. Median 1-bedroom rent is €1,450/month.

Affordability verdict

Manageable

At a typical Software Engineer salary of €57,000/year, spending on median Madrid rent (€1,450/mo) would take up 31% of gross income. That's above the 30% guideline but not uncommon — a manageable situation.

Software Engineer salary range in Madrid

€36,000

Entry level

lower quartile

€57,000

Typical

median estimate

€96,000

Experienced

upper quartile

Software engineers design, build, and maintain applications and systems software. Figures are gross annual salary estimates for Madrid.

How much rent can a Software Engineer afford?

25% of income (comfortable)€1,188/mo
30% of income (standard)€1,425/mo
35% of income (stretch)€1,663/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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Explore Madrid further

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