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How much does it cost to rent a apartment in R. A. Madeira?

The median asking price for apartments in R. A. Madeira is 17 €/m² per month. Measured across 256 on-market listings.

Median price per m²
17 €/m²/mo
Middle half: 14 to 20
Typical asking price
1.600 €/mo
100 m²
Listings measured
256

How prices are spread

Hover a bar to see how many listings sit in that price range.
91739
Below the medianAbove the medianMiddle half: 14 to 20
Distribution of asking prices per square metre across 256 listings, from 9 to 39 €/m² per month, with a median of 17.

The apartment market in R. A. Madeira

Apartments in R. A. Madeira are currently asking a median of 17 €/m² per month. Half of them are listed between 14 €/m² per month and 20 €/m² per month. A typical listing asks 1.600 €/month for 100 m².

There are not enough comparable listings elsewhere to place R. A. Madeira confidently against its district or the country, so read the figure on its own.

R. A. Madeira is not one market. Across its 3 measurable municipalities, the most expensive is Funchal at 18 €/m² per month and the cheapest is Santa Cruz at 14 €/m² per month. Picking the right municipality matters more here than timing the market.

Price by municipality

Area€/m² per monthListings
Funchal18167
Câmara de Lobos1413
Santa Cruz1452

Price by typology

TypologyMedian rent (€/mo)€/m² per month
T11.20019
T21.60016
T32.15016

Smaller homes cost more per m². A T1 above a T3 on €/m² is normal, so compare the price column when you are choosing a size, and the €/m² column when you are comparing areas.

Gross rental yield

4.3%

Median rent of 17 €/m² per month against a median sale price of 4.792 €/m².

Gross: before costs, taxes and vacancy.

55 properties in R. A. Madeira are listed below their comparables

That is how many on-market listings here are asking less per m² than the nearest similar properties. Tell us what you are looking for and we will show you which ones, and alert you the moment a new one appears.

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See the 55 below market

Frequently asked questions

What is the price per m² for apartments in R. A. Madeira?
The median asking price is 17 €/m² per month, across 256 on-market listings. Half of all listings fall between 14 €/m² per month and 20 €/m² per month.
How much does a apartment cost in R. A. Madeira?
The median asking price is 1.600 €/month for a typical 100 m². This is what sellers are asking today, not what buyers finally paid.
How much does a T2 or T3 cost in R. A. Madeira?
Median asking price by typology: T1: 1.200 €/month, T2: 1.600 €/month, T3: 2.150 €/month. Smaller homes cost more per m², so use these prices to compare sizes and the price per m² to compare areas.
What is the rental yield in R. A. Madeira?
The gross yield for apartments in R. A. Madeira is about 4.3%. That is a median rent of 17 €/m² per month against a median sale price of 4.792 €/m². Gross means before costs, taxes and vacancy.

Other property types here

Asking prices across every major Portuguese property portal, each property counted once. Updated daily.

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