Student Accommodation near IE Business School

IE Business School is a prestigious, triple-accredited institution having a diverse student community representing over 140+ nationalities. To make the process of finding suitable student housing much easier, University Living is a global marketplace consisting of 65k+ verified properties across 640+ cities. With us, students get to choose from room types such as studios, ensuites, non-ensuites, and shared apartments. Their prices generally range from €546 to €1708 per month. Some of the best IE Business School student accommodation include Micampus Sinesio Delgado, Nera Living Atocha, and Micampus Sancha 6.

In addition to housing, students can use ULInfinity, a dedicated post-accommodation services platform. It provides useful relocation services, including international SIM cards, verified guarantor services, health insurance, global money transfers, student flight tickets, airport pickups, and luggage storage.

Book your premium student accommodation near IE Business School early with University Living today!

Established in 1973 by forward-thinking entrepreneurs, the IE Business School was previously known as Instituto de Empresa and offered practical business education. Over the past 53 years, this Spanish business school has become one of the world's leading business schools. It is among the less than 1% of business schools to have earned the coveted triple crown accreditations from AACSB, AMBA, and EQUIS. The school also ranks highly in the QS World University Rankings, including #2 for its Global Online MBA, #3 for its Master's in Marketing, and #7 for its Master in Management (MIM).

The average acceptance rate of IE Business School is around 41%, which is considered a fairly challenging but feasible goal. The university considers more than 3,300 applications per year through its holistic selection process, with a median GMAT score of about 686. The university has a diverse student community of more than 10,000 current students, with about 92% of the student body being international, creating an exceedingly multicultural learning environment. Some of the best courses offered by IE Business School include its famous International MBA, master's in finance, and master's in business Analytics. Its master's in finance course is ranked 10th globally by the Financial Times. Around 95% of graduates receive job offers within three months of completing their studies.

Education at IE is primarily offered at two amazing campuses in Madrid. These include the María de Molina campus and the new IE Tower, a skyscraper that stands 180 metres tall and offers 50,000 square metres of educational facilities. The other IE University campus is in Segovia and is an undergraduate campus located in a 13th-century convent. IE's worldwide recognition stems from its extensive network. All these graduates have together started 713 businesses and raised $45 billion. Notable alumni include Pablo Isla (Chairman of Inditex/Zara), Belén Garijo (CEO of Merck KGaA), Meinrad Spenger (Co-founder of MásMóvil), Bernard Niesner (Co-founder of Busuu), and Catharina-Amalia, Princess of Orange (Princess of the Netherlands).

Choosing a premium student apartment near IE Business School gives international students several lifestyle benefits. It provides a direct and stress-free commute to the IE Tower or María de Molina campus, along with a safe living environment. Most of these purpose-built properties offer all-inclusive utility billing, covering water, heating, electricity, and high-speed Wi-Fi within the rent. This allows you to live alongside a diverse international community representing 140+ nationalities. In addition to standard study areas, premium student accommodation in Madrid offers special facilities that improve everyday student life. This includes panoramic rooftop swimming pools, 24/7 on-site gymnasiums with yoga zones, soundproofed multimedia production labs, advanced 3D printing hubs, private pitch presentation rooms, and private cinema rooms. The following are some of the best student accommodation near IE Business School:

Retiro

• Address: Don Ramón de la Cruz, 37, 28001 Madrid

• Distance from University: 16 minutes by train

• Nearby Attraction: El Retiro Park, Bienmesabe Marqués de Salamanca, Matbakh Utopico, O2 Centro Wellness Manuel Becerra and ABC Serrano

• Top Amenities: Air conditioner, games room, kitchen, social events, smart TV, microwave, laundry and gym

The House of Madrid

• Address: Calle de Don Ramón de la Cruz, 67, Salamanca, 28001 Madrid

• Distance from University: 9 minutes' drive from IE Business School

• Nearby Attraction: Calle Goya Shops & Restaurants, Museo Nacional de Ciencias Naturales, Calle Serrano and Parque del Retiro

• Top Amenities: Study desk with chair, laundry, elevator, wardrobe, cleaning, air conditioner, bedroom cleaning and bed linen

Donoso Cortés 75

• Address: C/ de Donoso Cortés, 75, Chamberí, 28015 Madrid, Spain

• Distance from University: 8 minutes' drive from IE Business School

• Nearby Attraction: Manolo Bakes, Càlido Madrid, Café Green Bakery & Brunch, Bruma Madrid, Museo del Traje and Tercer Depósito Park

• Top Amenities: Basic appliances, cleaning, on-site maintenance, fully fitted kitchen, living area, air conditioner and living area

El Faro

• Address: Pl. de Cristo Rey, 7, Moncloa - Aravaca, 28015 Madrid, Spain

• Distance from University: 8 minutes' drive away from IE Business School

• Nearby Attraction: Burger King, Manolo Bakes cafe, Alcaravea Gaztambide, Parque del Oeste, Gimnasio SCG, Centro Comercial Príncipe Pío and The Royal Palace of Madrid (Palacio Real)

• Top Amenities: Study room, pool table, free PlayStation, on-site maintenance, foosball table, and terrace

Emilia Pardo Bazán

• Address: C. Ramiro de Maeztu, 2, Moncloa - Aravaca, 28040 Madrid, Spain

• Distance from University: 10 minutes' drive away from IE Business School

• Nearby Attractions: Cafetería Mara, El Momento Gastro Bar, Land Patisserie espresso bar, Parque Almansa and Centro Comercial Príncipe Pío

• Top Amenities: Bicycle storage, catering, cleaning, conference room, dining room, games area, garden, and gym

Students should avoid the busy semester rush by booking their preferred student accommodation in Spain early with University Living.

The cost of living for students near IE Business School is estimated at €900 to €1,300 per month. To lower the total cost of living in Madrid, students can share a flat, prepare meals at home, and buy products from budget-friendly shops like Mercadona, Lidl, and Carrefour. When dining out, students can avoid paying for an à la carte menu and instead choose the lunchtime Menú del Día, a three-course meal costing between €10 to €16. Students can also visit top-class museums such as the Prado and Reina Sofía free of charge, show their digital student card, and get discounts in stores, gyms, and cinemas across Spain.

Below is the table of expenses for the month:

To get a personalised breakdown based on your lifestyle preferences, you can use the University Living Cost of Living Calculator.

Tuition Fee Structure at IE Business School

Tuition fees at IE Business School vary by chosen educational program, course duration, and study track. All new students have to pay a one-time compulsory contribution of €1,200 to the IE Foundation at the time of admission. Below is the list of the tuition fee structure at IE Business School:

Madrid is one of the world's most loved capitals, blending traditional European charm with a cosmopolitan spirit. The capital draws a record 153,000+ international students each year, who make up 28% of Spain's international student population. The capital city of Spain is one of the country's major tourist and educational hubs, with over 8.3 million international tourists visiting each year. Some of the top neighborhoods near IE Business School include:

• Salamanca: Located only 1.2 km from the María de Molina campus and around 5 km south of the IE Tower, Salamanca is located in the heart of the city and offers a premium urban lifestyle. It is famous for its 19th-century grid architecture, clean, tree-lined streets, and the "Golden Mile" shopping area, with a 98% occupancy rate in luxury retail stores. The most common reason IE students choose Salamanca is that they can easily walk to their historic campus. The area is very safe, with some of the lowest crime rates in Madrid, with fewer than 1.5 crimes reported per 1,000 people. Popular locations in Salamanca include Retiro Park, with its enormous 350-acre area, and the Lázaro Galdiano Museum. Students can also visit trendy cafes like Religion Coffee or eat at popular restaurants like Amazonico. Premium student housing in Salamanca can be quite expensive, reaching above €1,300.

• Chamberí: Situated about 2 km away from the María de Molina site and 5.5 km from the IE Tower. Located north of Madrid's historical centre, it offers an ideal balance of traditional Madrileño charm and easy access to student facilities. This area is known for its laid-back residential feel, traditional tapas scene, and vibrant community squares. As much as 22% of Chamberí's population is between 18 and 30. It is also socially vibrant but lacks the noise of the city centre's most active areas. Cultural and architectural highlights include the Sorolla Museum and Plaza de Olavide. Chamberí has many student-friendly restaurants, including Toma Cafe and taverns on Calle Ponzano, with more than 70 establishments on a single street. Bed prices in all-inclusive modern student residences range from €1,100 to €1,500 per month.

• Chamartín: In northern Madrid, Chamartín is home to the IE Tower vertical campus and is about 4.5 km north of the city centre. This place is referred to as Madrid's modern financial centre, and it generates over 25% of Madrid's corporate economic output. Students prefer to stay in Chamartín because they can live within a 5- to 15-minute walk of their classes at the IE Tower and avoid long daily commutes to and from home. Chamartín has 100% high-speed fibre-optic connectivity. Key landmarks include the iconic 85,000-seater Santiago Bernabéu Stadium and the Cuatro Torres Business Area. Restaurants that serve lunches for businessmen are common here, along with several popular modern cafes like Honest Greens and premium food courts near the train station. Because it's located away from Madrid's historic centre, premium high-rise student apartments here cost around €1,100 per month.

• Almagro: As an exclusive sub-district located within the wider Chamberí area, it is approximately 1.5 km from María de Molina and 4.8 km south of the IE Tower. The neighbourhood is internationally known for its impressive diplomatic buildings, large aristocratic palaces, and a high number of foreign embassies. Over 40 diplomatic missions are headquartered in this area, along with several corporate law firms. Wealthier international master's and MBA students often choose Almagro because it offers a peaceful atmosphere, excellent safety, and a highly refined living environment close to the city centre. Its main cultural and artistic attractions include the beautiful Plaza de Colón and the Teatros del Canal. The area also has a sophisticated cafe culture, with speciality coffee shops such as Acid Bakehouse and premium international bistros. Because Almagro is a luxury neighbourhood, its property prices are similar to those in Salamanca. Premium student apartments and private boutique studios generally cost between €800 and €1,400+ per month.

Madrid is one of the European capitals with the highest transport efficiency. Its highly connected public transport system transports more than 1.5 million passengers every day while maintaining a remarkably high on-time efficiency level of 96%. According to data from the regional transport company, more than 88% of local students use this transport system daily. The system has 300+ green underground stations, 2,000+ environmentally friendly buses in the city and a vast suburban railway network called Cercanías. This increased connectivity gives students more flexibility in finding accommodation. The following are some of the best transport methods in the city:

• The Madrid Metro (Underground Rail): The Madrid Metro runs daily from 6:00 AM to 1:30 AM. During morning lecture hours, trains may come every 2 to 3 minutes. The Madrid Metro is one of the most critical means of transport for IE students. Students who need to reach the historical campus of María de Molina can take Line 5, 7, or 9 and get off at Avenida de América or Núñez de Balboa. For students who want to go to the vertical campus of IE Tower, they can ride Line 1 or 10 and get off at Plaza de Castilla or Begoña. A single zone ticket would cost around €1.50 - €2.00. However, students under 26 can take advantage of a huge discount provided by the government through the Tarjeta Transporte Público (TTP) Abono Joven. It gives you unlimited travel for just €20.00 per month.

• EMT Madrid (Urban Bus Network): The municipal blue buses are an easy way to get around and usually run from 6:00 AM to 11:30 PM. Many bus routes connect student areas to both IE campuses. For students going to the María de Molina campus, bus lines 12, 16, 19, 51, and 61 are available. For those who want to go to the IE Tower, bus lines 27, 147, and 174 are available. After 12 o'clock at night, special night buses called "Búhos" run every 15-30 minutes until early morning. These buses allow students to return to their apartments at night. The standard fare is €1.50. The students can buy a 10-journey multi-card for €12.20. This card reduces the cost of each journey and provides free transfers between different bus routes within 60 minutes.

• BiciMAD (Electric Bike Sharing System): BiciMAD is a useful option for students who want healthy and environmentally friendly transport for short journeys between nearby residential areas such as Tetuán and Chamberí. Madrid's modern public electric bicycle network has 7,500+ smart e-bikes available across 600+ automated docking stations. The service is available 24/7/365. Many docking stations are located outside the María de Molina buildings and around the major transport squares near the base of the IE Tower. Casual users pay €0.50 for the first 30 minutes. Students can receive a special institutional discount by registering for an annual BiciMAD subscription. This discount significantly reduces the yearly membership fee and removes additional charges for standard short-duration journeys.