Quick Takeaway:
- Centro: €1,200/month
- La Malagueta: €1,000/month
- El Palo: €800/month
- Pedregalejo: €750/month
- Huelin: €650/month
- La Caleta: €550/month
- Carretera de Cadiz: €500/month
- Teatinos: €450/month
- Churriana: €400/month
- La Palmilla: €350/month
Malaga is an amazingly beautiful, welcoming, and friendly destination with a wonderful climate and everything you need for a comfortable stay. This Andalusian city has repeatedly become the leader of various ratings: the best place to live, the sunniest city, and the city with the most favorable climate.
Of course, the cost of living here largely corresponds to the high standard of living. Malaga is an excellent choice for wealthy people who want to enjoy life and leisure in perfect conditions. However, middle-income owners will also find a place to stay there.
If you are looking for long or short-term apartment rentals in Malaga, Spain, we are ready to help you. Your choice depends on your needs and financial possibilities. So, what areas does Malaga have to offer for your stay and how much does it cost? Keep reading for more information!
Quick Average Price Overview Per SQM
| Neighborhood | Average Rent per Square Meter (€) |
|---|---|
| East Malaga | 15.10 |
| Central Malaga | 14.70 |
| Cruz de Humilladero | 12.70 |
| Ciudad Jardín | 10.50 |
Areas with mid-range rental apartments
Many of Malaga’s traditional areas offer quite interesting options for staying at affordable prices. We are talking primarily about the old areas of the city, such as Nueva Málaga, Cruz Humilladero, Calle La unión, Zona de Huelin, and Ciudad Jardín. Most of the housing in these areas is over 30 years old. However, most of the local apartments have modern renovations and provide quite comfortable living conditions. Average apartment rental prices here range from €500 to €700.
Areas with above-average rental apartment prices
If you’re willing to spend more on accommodation in Malaga, you’ll enjoy a wider selection of places to stay in the city. In this case, your choice depends mainly on your personal preferences. Check out the most popular options below.
La Malagueta – close to the beach, center, and Muelle Uno
Proximity to the beach, the historical center, and Malaga’s most famous spot for walking and shopping – Muelle Uno, make this area a balanced choice for your stay. You will probably have a view of the famous promenade and the magnificent port from the windows of the apartments.
Here, you will find a variety of shops, bars and restaurants, and interesting concerts and exhibitions taking place in the port area. On weekends, artisans open a mini-market and sell unique products nearby. So, you can buy an exclusive souvenir there.
La Malagueta is primarily a tourist area. That’s why you have a wide choice of apartments, especially during the summer break. The average rental price ranges from €700 to €1,500 per month.
City Centre – for fans of urban vibe, art, and nightlife
The center of Malaga is one of the greatest places to stay and live. The authorities have been actively renovating this zone in recent years, as a result, many 19th-century buildings have taken on a completely different look.
The area features a large concentration of offices for lawyers, notaries, doctors and other private practice professionals, making it an excellent option for those wishing to live and work in Malaga. At the same time, art and culture lovers will appreciate the Soho area. By the way, here you will find the Malaga Contemporary Art Center. The average cost of renting an apartment in this area ranges from €1,000 to €1,500.
Carretera de Cádiz and Paseo Marítimo de Oeste – ideal for families and beachgoers
If you are looking for a relaxing holiday and want to fully enjoy the beach, look for apartments in Paseo Marítimo de Oeste. Those who want to stay near the sea, but still save on housing, may prefer Carretera de Cádiz, where apartments cost €500 – €800 per month.
However, that area is quite remote from the city center and you will need to hire a car in Malaga for easy transportation around the area. You will find cheap car hire anywhere in the city. Still, we recommend that you book a Record car hire in Malaga at the airport.
For a closer location to the heart of the city, opt for lodging in Avenida Pacífico belonging to the Carretera de Cádiz area. You will appreciate the proximity of the beaches and the beautiful sea views from there. Plus, the multitude of parks, sports areas, and playgrounds make it ideal for young couples and families with children.
Teatinos – for fans of outdoor activities and nightlife
Teatinos is a relatively new and modern district with most of the buildings appearing in the last 5 years. It’s full of effortless swimming pools, green areas, and tennis courts, which are perfect news for active families. Students may also consider this option as there are multiple educational institutions in close proximity. The average rental price ranges from €600 to €900.
El Limonar – the most luxurious area in the city
El Limonar offers the quietest and the most expensive apartment rentals in Malaga. Isolated from the noise of the metropolis by dense park areas, it still sits close to the city center and beaches. In general, local lodging options include exact luxury chalets and residences with large swimming pools, sports fields, and lush gardens. Rental prices average €1,000 – €3,000 per month in this area.
If you are looking for accommodation in Malaga, apartments would be your number one choice. The city has 338 blocks and about 10 districts, so you need to think carefully before starting your search. Mostly, the choice depends on your financial capabilities and preferences. However, Malaga offers thousands of options for living, working, and leisure activities in the most comfortable and pleasant conditions, and everyone can find the ideal accommodation to stay.
