Madrid vs Medellín: where is rent cheaper?
Renting in Madrid costs 76% less than in Medellín: the median is COP 1,100,000 vs COP 4,600,000 a month, across 33,107 live listings. A one-bedroom: COP 1,350,000 in Madrid, COP 3,500,000 in Medellín.
Data as of October 5, 2026, from live listings on Colombian portals and agencies. Asking prices, in Colombian pesos.
| Madrid | Medellín | |
|---|---|---|
| Median rent | COP 1,100,000 | COP 4,600,000 |
| Listings today | 595 | 32,512 |
| One bedroom | COP 1,350,000 | COP 3,500,000 |
| Two bedrooms | COP 1,200,000 | COP 4,300,000 |
| Three or more | COP 1,100,000 | COP 5,500,000 |
| Studio (apartaestudio) | — | COP 2,700,000 |
| Building fee (median) | — | COP 652,000 |
| Typical size | — | 94 m² |
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
Cheapest neighborhoods in Medellín
- Antonio Narino: COP 950,000
- Enciso: COP 1,230,000
- Belen Las Mercedes: COP 1,290,000
- Aranjuez: COP 1,350,000
- El Salvador: COP 1,400,000
FAQ
Is rent cheaper in Madrid or Medellín?
Renting in Madrid costs 76% less than in Medellín: the median is COP 1,100,000 vs COP 4,600,000 a month, across 33,107 live listings. A one-bedroom: COP 1,350,000 in Madrid, COP 3,500,000 in Medellín. Data as of October 5, 2026.