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 279 on-market listings.
How prices are spread
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 1.550 €/month for 97 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 4 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 month | Listings |
|---|---|---|
| Funchal | 18 | 169 |
| Porto Moniz | 18 | 22 |
| Câmara de Lobos | 14 | 13 |
| Santa Cruz | 14 | 51 |
Price by typology
| Typology | Median rent (€/mo) | Median area (m²) | €/m² per month | Listings |
|---|---|---|---|---|
| T1 | 1.200 | 64 | 19 | 62 |
| T2 | 1.600 | 100 | 17 | 138 |
| T3 | 2.100 | 140 | 16 | 61 |
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
Median rent of 17 €/m² per month against a median sale price of 4.787 €/m².
Gross: before costs, taxes and vacancy.
56 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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Frequently asked questions
What is the price per m² for apartments in R. A. Madeira?
How much does a apartment cost in R. A. Madeira?
Which areas of R. A. Madeira are cheapest?
How much does a T2 or T3 cost in R. A. Madeira?
What is the rental yield in R. A. Madeira?
Other property types here
Asking prices across every major Portuguese property portal, each property counted once. Updated daily.