Bogotá vs Madrid: where is rent cheaper?
Renting in Madrid costs 60% less than in Bogotá: the median is COP 1,100,000 vs COP 2,770,000 a month, across 27,585 live listings. A one-bedroom: COP 2,100,000 in Bogotá, COP 1,350,000 in Madrid.
Data as of October 15, 2026, from live listings on Colombian portals and agencies. Asking prices, in Colombian pesos.
| Bogotá | Madrid | |
|---|---|---|
| Median rent | COP 2,770,000 | COP 1,100,000 |
| Listings today | 26,990 | 595 |
| One bedroom | COP 2,100,000 | COP 1,350,000 |
| Two bedrooms | COP 2,400,000 | COP 1,200,000 |
| Three or more | COP 7,500,000 | COP 1,100,000 |
| Studio (apartaestudio) | COP 1,900,000 | — |
| Building fee (median) | COP 755,000 | — |
| Typical size | 70 m² | — |
Cheapest neighborhoods in Bogotá
- El Tuno: COP 900,000
- Parques De Bogota: COP 900,000
- Bosa: COP 1,000,000
- Tierra Buena: COP 1,080,000
- Mirandela 1: COP 1,100,000
Cheapest neighborhoods in Madrid
- Conjunto Residencial Provenzal: COP 1,000,000
- Sosiego: COP 1,040,000
- Conjunto Residencial Abundara: COP 1,100,000
- Potrero Grande: COP 1,100,000
- Urbanizacion El Pinar: COP 1,100,000
FAQ
Is rent cheaper in Bogotá or Madrid?
Renting in Madrid costs 60% less than in Bogotá: the median is COP 1,100,000 vs COP 2,770,000 a month, across 27,585 live listings. A one-bedroom: COP 2,100,000 in Bogotá, COP 1,350,000 in Madrid. Data as of October 15, 2026.