Living in Madrid

WHERE TO LIVE IN THE VIBRANT CITY OF MADRID

There are several types of accommodation: student residences, private flats, shared flats and homestay with local families. We recommend that you start looking for housing as soon as possible to make sure that you are able to choose the option that is best for you!

IE University’s new center, located in the north of Madrid, will open during the ’20-’21 academic year.

Despite the move, many students will still prefer to live closer to the current center, located in Barrio de Salamanca, because it is a very centrically located residential area with a wider range of services and leisure options (as of today).

Taking into account that Madrid is a very well-connected city with an excellent public transportation system, we have prepared a document featuring a wide variety of residences within a reasonable distance of both facilities, so that each student can decide what area suits them best according to their own interests.

STUDENT RESIDENCES

Student residences take care of time-consuming logistical issues such as utility bills and internet contracts so that you can focus on the important things! Many of them give you the option to sign up for additional services such as food and laundry. Plus, they are one of the best places to make friends and get to know Madrid! We recommend that our students reserve rooms in student residences as soon as possible, as there is limited availability and they can fill up quickly.

We recommend the following residences to you, but please get in touch with them directly for up-to-date information on prices, availabilities and how to reserve a room. To find the contact information, click on “More Info” under each option.

LIST OF STUDENT RESIDENCES

01 RESA

This residence offers booking priority to IE students.

The meal plans offered can also be used at the university cafeteria.

Time to Madrid Center:
- Walking - 6 min.
- Cycling - 7 min.
- By Car - 7 min.

Time to IE new facilities:
- Cycling - 23 min.
- By Train - 40 min.
- By Car - 12 min.

More info

02 HUBR

IE students receive a discount.

The meal plans offered can also be used at the university cafeteria.

Time to Madrid Center:
- Cycling - 9 min.
- By Train - 20 min.
- By Car - 8 min.

Time to IE new facilities:
- Cycling - 26 min.
- By Train - 38 min.
- By Car - 17 min.

More info

03 THE RESIDENCE

IE students receive a discount.

Time to Madrid Center:
- Walking - 3 min.
- Cycling - 3 min.
- By Car - 3 min.

Time to IE new facilities:
- Cycling - 9 min.
- By Train - 34 min.
- By Car - 19 min.

MORE INFO

04 MI CASA INN | SALAMANCA

This residence offers booking priority and a discount to IE students.

The food service brings a refrigerator in your room as a gift so you can eat at the residence hall or at the university whenever you want

Time to Madrid Center:
- Walking - 12 min.
- Cycling - 7 min.
- By Train - 20 min.
- By Car - 6 min.

Time to IE new facilities:
- Cycling - 26 min.
- By Train - 33 min.
- By Car - 14 min.

MORE INFO

05 URBAN MADRID

IE students receive a discount.

Time to Madrid Center:
- Cycling - 7 min.
- By Train - 24 min.
- By Car - 7 min.

Time to IE new facilities:
- Cycling - 16 min.
- By Train - 30 min.
- By Car - 9 min.

MORE INFO

06 BCOME | PASEO DE LA HABANA

IE students receive a discount.

Time to Madrid Center:
- Cycling - 13 min.
- By Train - 37 min.
- By Car - 10 min.

Time to IE new facilities:
- Cycling - 14 min.
- By Train - 32 min.
- By Car - 6 min.

MORE INFO

07 FUNWAY ACADEMIC RESORT

IE students receive a discount.

Time to Madrid Center:
- Cycling - 13 min.
- By Train - 34 min.
- By Car - 10 min.

Time to IE new facilities:
- Cycling - 12 min.
- By Train - 25 min.
- By Car - 9 min.

MORE INFO

08 TAGASTE

IE students receive a discount.

Time to Madrid Center:
- Cycling - 11 min.
- By Train - 23 min.
- By Car - 10 min.

Time to IE new facilities:
- Cycling - 29 min.
- By Train - 39 min.
- By Car - 17 min.

MORE INFO

09 MI CASA INN | MONCLOA

IE students receive a discount.

Time to Madrid Center:
- Cycling - 18 min.
- By Train - 29 min.
- By Car - 11 min.

Time to IE new facilities:
- Cycling - 25 min.
- By Train - 39 min.
- By Car - 17 min.

MORE INFO

10 MASTERHOME

IE students receive a discount.

Time to Madrid Center:
- Cycling - 9 min.
- By Train - 23 min.
- By Car - 7 min.

Time to IE new facilities:
- Cycling - 18 min.
- By Train - 28 min.
- By Car - 9 min.

MORE INFO

11 ESTUDIOMAD6

IE students receive a discount.

Time to Madrid Center:
- Cycling - 9 min.
- By Train - 13 min.
- By Car - 11 min.

Time to IE new facilities:
- Cycling - 26 min.
- By Train - 23 min.
- By Car - 15 min.

MORE INFO

12 LA INMACULADA

IE students receive a discount.

Time to Madrid Center:
- Cycling - 8 min.
- By Train - 19 min.
- By Car - 7 min.

Time to IE new facilities:
- Cycling - 18 min.
- By Train - 26 min.
- By Car - 10 min.

MORE INFO

APARTMENTS BY BEYOND CAMPUS

Beyond Campus is the new platform for IE students to find their accommodation, assisted from start to finish. It was created by a team of IE MBA alumni who successfully identified a real need for good, reliable and safe accommodation for the growing IE community.

Curated apartments near IE University

More than 85% of our students have travelled thousands of miles from their homes to study, leaving behind their comfort zones and landing in an unknown country where their biggest task is to find suitable accommodation.

Beyond Campus is the new platform for IE students to find their accommodation, assisted from start to finish. It was created by a team of IE MBA alumni who successfully identified a real need for good, reliable and safe accommodation for the growing IE community.

Not only do they have the best-curated apartments near your campus but also strive to improve the experience offering contracts in English, 24/7 service, and quality control of apartments, amongst other benefits!

More info

INNFAMILY: HOST FAMILIES

If you prefer living in a family environment where you can practice your Spanish and enjoy delicious home cooked meals, then a homestay with a host family is the perfect option for you!

IE has an agreement with the company InnFamily, which pairs host families with university students. IE students receive a 30% discount on the booking fee.

InnFamily is a company specialized in providing host family accommodation for students who are planning temporary exchange programs in Spanish universities and colleges.

When matching host families and students, they take the specific needs of each student into account. Staying with a host family is a great way to get to know Spanish culture, language, and traditions first-hand without worrying about the daily housekeeping duties. In addition, many of the host families have university-aged children who live at home, which helps facilitate the student’s integration in the Spanish destination city.

More info

RENTING A FLAT: REAL ESTATE AGENCIES AND WEBSITES

Do you already have experience living on your own? Would you prefer a living situation that provides a bit more independence? If so, you might be interested in renting a flat, either on your own or with flatmates. Here are some of the tools available to IEU students interested in renting a flat:

IMPORTANT INFORMATION ABOUT RENTING

Before renting a flat in Madrid, there are several things to keep in mind. The most important factor that influences the amount you spend on rent is whether or not you decide to share an apartment. Living alone is always more expensive. If you don’t know anyone with whom to share a flat, but would like to find accommodation with another IEU student, you should join the private Facebook group “IEU Housing Madrid“. This group has been specifically designed to help you find flatmates and to find more information on renting in Madrid.

PRICES

Though prices for renting an apartment in Madrid vary depending on several factors, including the student’s personal taste and his/her needs, you can expect to pay anywhere between 1,000€ and 2,000€ a month for a decent one- or two-bedroom apartment. If you plan to share your flat with other students, you can expect to pay quite a bit less per month.

BEFORE SIGNING A CONTRACT

In order to avoid scams when searching for a flat, we always recommend visiting it in person before signing a contract or making any payment.

CONTRACT & THE FINE PRINT

Rental contracts usually last one year, although you can sometimes negotiate with the landlord to rent for a shorter period (please keep in mind that this might increase the price). The landlords will usually ask for a security deposit that can be the equivalent of 1 to 3 months of rent, but you can negotiate the terms with them personally. In addition, it is important to always request a receipt of payment as well as a contract that has been signed by both parties.

UTILITIES

Please note that additional expenses such as electricity, water, gas, wi-fi, etc., are usually NOT included in the cost of rent, although sometimes they are. Make sure of this before signing the contract.

RECOMMENDED REAL ESTATE AGENCIES

Due to commissions, renting a flat through a real estate agency tends to be a bit more expensive than looking for a flat on your own, but it can be a much more convenient option. IE recommends the following real estate agencies. Be sure to mention that you study at IE. Follow the links below to find out more: 

Dflat Madrid | PYR | Beroomers | Accommadrid | Antorán Inmobiliaria | MadridEasy

POPULAR HOUSING SEARCH WEBSITES

In general, the most common way to search for a flat in Spain is by using one of the most popular housing search websites. 

Click on the links below to find out more: 

Idealista | Fotocasa | Enalquiler 

Housing Related Services

As an IE University student, you can also benefit from the agreements we have with Moving and Storage Companies. These can be useful to you especially If you are in Madrid and you need to change apartment and move furniture, if you are going on holidays and you don’t want to keep your belongings in your apartment but store them somewhere until your return, or if you are abroad and you would like someone to pack all your things and send them to the destination of your choice.

For further details please contact the companies directly; they offer free quotations:

 Grupo AMYGO for national/international door to door moving services

 Bluespace for storage in Madrid

 DLF for moving, packing and storing services

 SGR for pick up, storage and delivery of smaller objects

If you want to furnish your new home or just rent any product, we recommend YBY Gear.

YBYgear.com is a wide gear rental platform, from professional suppliers to private users. It is a Circular Economy startup developed at IE by a group of IMBA students during 2019, that offers access to all kinds of products, for a specific term, only paying for the usage given; with quality, service and satisfaction guarantee. From furniture and home appliances to sport and entertainment equipment, at YBYgear.com you can find everything.

ARE YOU A LANDLORD INTERESTED IN OFFERING A FLAT FOR STUDENTS?

If you are a landlord, you can register your flat through Beyond Campus, IE’s new accommodation platform for students. For further information, please contact them on telephone number +34 609 07 40 04 or send an email to help@beyondcampus.es

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