February 2, 2026

University residences in Madrid: prices, options, and how to save money

5 min

Madrid is one of Spain's most sought-after university destinations. Thousands of Spanish and international students arrive every year in search of quality education... and comfortable, safe, and well-located accommodation.

Choosing between the best university residences in Madrid directly influences your comfort, social life, and academic performance. In this comprehensive guide, we show you prices, comparisons with shared flats, included services, tips for saving money, and the best options for your budget.

University residence in Madrid with common areas and study spaces

How much does a university residence in Madrid cost?

As a guide, prices for university residences range from:

  • €600–€900/month → standard rooms
  • €900–€1,100/month → premium single rooms
  • Over €1,100/month → private studies or premium residences

These ranges vary depending on:

  • Area
  • Room type
  • Board (full, half, or none)
  • Additional services

Specialized chains such as StepHouse offer flexible models, with rooms without compulsory board, adapting to the student's lifestyle.

Factors influencing the price of the residence

  • Area: Centro, Chamberí, and Salamanca are more expensive than Vicálvaro, Cantoblanco, and Pozuelo.
  • Room type: Shared, single, or studio with kitchen.
  • Boarding: No board, half board, or full board.
  • Services included: Gym, cleaning, coworking, Wi-Fi, 24-hour security, common areas, activities.

Price ranges by type of residence

Type of residence Approximate price
No pension €600 – €1,050
Half board €850 – €1,100
Full board €950 – €1,300
Premium studio €1,050 – €1,400
Modern single room in student residence in Madrid

Comparison table – University residences in the Community of Madrid

Residence Area Price from Pension Type of accommodation
StepHouse Plaza de España Center 1.395 € Without Individual
StepHouse Pozuelo Pozuelo 1.299 € Without Individual
StepHouse Vicálvaro Vicálvaro   999€ Without Individual
StepHouse Cantoblanco Cantoblanco   999€ Without Individual / Studio
MyCampus Madrid Moncloa 1.308€ MP Individual
Yugo El Faro University City 2.037€ MP Individual
Resa Madrid Moncloa 1.353€ Without Individual
Galdós Residence Chamberí 1.842€ MP Individual

*Approximate prices per month.

What is normally included in the price of a residence?

Included It can be extra
Wi-Fi Parking
Cleaning of common areas Laundry
24-hour security Change of sheets
Access to common areas Premium activities
Maintenance Medical service

StepHouse residences include Wi-Fi, maintenance, and access to all common areas, with no mandatory board, allowing you to save money and adapt your budget. Discover all the options at StepHouse Madrid.

Additional costs to consider

  • Registration fee or enrollment fee
  • Security deposit (usually 1 month)
  • Minimum length of stay
  • Cancellation policy

Reviewing these conditions before booking avoids surprises. You can find out more directly at Contact StepHouse.

University residence vs. shared apartment in Madrid

One of the most common questions when looking for accommodation is whether to choose a residence hall or a shared apartment. Although an apartment may seem cheaper, when analyzing costs and services, a residence hall offers greater comfort and real value.

Quick comparison

Appearance Shared apartment University residence
Base rental €500 – €750 €600 – €1,000
Utilities (electricity, water, Wi-Fi) +€100 – €150 Included
Furniture Sometimes Included
Cleaning Not included Included
Safety Normal 24h
Study areas No Yes
Community Limited International
Contract Long and rigid Flexible

Modern residences such as StepHouse offer controlled expenses, security, facilities, and community, making the real difference compared to shared apartments much smaller.

Key benefits of university residence

  • Controlled expenses and no surprises
  • Enhanced security and 24-hour surveillance
  • Facilities designed for students
  • Academic environment and international community
  • Events and organized social life

How to save money while living in a university residence

Living in a residence hall doesn't mean spending more. By following a few tips, you can optimize your budget:

  1. Choose residences without compulsory board → cooking for yourself saves money.
  2. Book in advance → best prices and availability.
  3. Take advantage of included services → gym, Wi-Fi, study areas, and events.
  4. Consider a shared room → more economical.
  5. Control personal expenses → cooking, transportation, and student discounts.

Check out flexible options at StepHouse Madrid to choose the one that best suits your budget.

Social spaces and coworking in student residences

Frequently Asked Questions

What is the average price of a university residence in Madrid?

Between €600 and €1,050 per month.

Do university residences include expenses?

Yes, usually supplies, Wi-Fi, and maintenance.

Which is cheaper: residence with or without board?

Residences without meals are usually more affordable.

Can I make a reservation from abroad?

Yes, completely online.

Do you require a deposit?

Yes, usually one month's rent.

What is the difference between a residence and a shared apartment?

The residence includes services, community, and 24-hour security, while the apartment requires self-management.

When is it advisable to make a reservation?

Between March and June for September.

Choosing a university residence in Madrid is not just a question of price. The advantages of comfort, security, community, and included services make it a smart and cost-effective option compared to a shared apartment.

If you are looking for modern, flexible, and well-located accommodation, StepHouse is a safe bet. Check out all the options available at StepHouse Madrid Residences and book your place in advance through StepHouse Contact.