Sorello Guides

Torrejón de Ardoz rents: the declared figures

At 9,21 €/m², Torrejón de Ardoz is an expensive rental market by Spanish standards. It is 21,6 % above the reference of five years earlier. With 7.467 declared leases behind it, the quartiles are stable from year to year.

Rents declared on income-tax returns for main-residence leases, not asking prices. They lag the market and exclude holiday lets.

Where this one stands

Take Madrid alone: among the municipalities here, its number of declared leases is the eighth highest.

Set the national range end to end and this population lands in the third-dearest twentieth.

Ranked against its neighbours in Madrid, it holds the fifth lowest share of dwellings that are not a main residence of the group.

Taking every municipality covered here together, the median declared monthly rent is in the third-dearest twentieth.

In context

Take Madrid alone: among the municipalities here, its lower-quartile rent per square metre is the fourteenth lowest.

Country-wide, that reference rent per square metre is one of the seventeenth twentieth from the bottom.

Ranked against its neighbours in Madrid, it holds the seventeenth lowest upper-quartile rent per square metre of the group.

Country-wide, that share of main homes that are rented is one of the thirteenth twentieth from the bottom.

Measured against its neighbours

Ranked against its neighbours in Madrid, it holds the thirteenth highest five-year change in the reference rent of the group.

Taking every municipality covered here together, the median floor area of a let flat is in the band just above the middle.

How much of the stock is rented

Only 6,42 % of Torrejón de Ardoz dwellings are not a main home, so almost nothing is competing with long leases.

Renting accounts for 18,71 % of main homes in Torrejón de Ardoz, close to the Spanish norm.

The reference figures, and how narrow the range is

7,72 €/m² to 11,01 €/m² is a narrow spread, so the address matters less here than the size.

With 7.467 declared leases behind it, the quartiles are stable from year to year.

Declared rents for flats: rent per square metre a month, unless stated
MeasureValue
Lower quartile7,72 €/m²
Median9,21 €/m²
Upper quartile11,01 €/m²
Median monthly rent710,00 €
Median floor area83 m²

Testing a quote against the declared figures

710,00 € a month is the median declared rent in Torrejón de Ardoz, above the national middle.

It is 21,6 % above the reference of five years earlier.

What the reference implies for a flat of a given size, per month
Floor areaAt the lower quartileAt the medianAt the upper quartile
55 m²425 €507 €606 €
75 m²579 €691 €826 €
100 m²772 €921 €1.101 €

The floor areas are round illustrative sizes used to show the arithmetic, not measurements of any particular flat.

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