Rents by municipality · Madeira region
How much does it cost to rent in Santa Cruz?
In 2025, the median rent of a 2-bedroom (T2) in Santa Cruz was €887/month on new leases, 12.6% more than in 2024. It ranks 2nd of 6 municipalities in the Madeira region, from most to least expensive.
- INE data 2025
- Updated October 2026
- Confidence: high
Key figures
Renting in Santa Cruz in 2025
- Median rent of a T2 (2-bed, 2025)
- €887
- Median per m², T2 (2025)
- €10.44/m²
- Change 2024 → 2025
- +12.6%
- Rank in the Madeira region (most to least expensive)
- 2nd of 6
Rents by size in Santa Cruz (2025)
| Size | Median rent | Typical range¹ | €/m² | Reference area |
|---|---|---|---|---|
| T0 (studio) | €462 | €339–€594 | 12.16 | 38 m² |
| T1 (1-bed) | €705 | €517–€907 | 12.16 | 58 m² |
| T2 (2-bed) | €887 | €651–€1,142 | 10.44 | 85 m² |
| T3 (3-bed) | €1,072 | €786–€1,380 | 9.32 | 115 m² |
¹ Between the 1st and 3rd quartile: roughly half of the new leases fall within this range. T4+ (4-bed or more): not shown, sample too small in 2025.
How T2 rents have moved in Santa Cruz
- 2024€788
- 2025€887
- Jul 25–Jun 26€970
Over the 12 months to Q2 2026, the median was €970/month (+9.4% vs 2025).
Santa Cruz vs the Madeira region and Portugal
- Santa Cruz€887
- Region€575
- Portugal€498
A T2 in Santa Cruz rents 54.3% above the median of the Madeira region and 78.1% above the national median.
Municipalities of the Madeira region with similar rents
| Municipality | T2 (2025) | Change 2024 → 2025 |
|---|---|---|
| Funchal | €1,117 | +3.4% |
| Câmara de Lobos | €608 | +9.4% |
| Calheta | €542 | −3.9% |
| Ribeira Brava | €516 | −31.2% |
| Machico | €501 | −23.0% |
All municipalities in the Madeira region guide.
Next steps
Letting in Santa Cruz: free tools
Estimate your property's rent
Enter the size and floor area and get the rent range in Santa Cruz.
Open the simulatorUpdate the rent in 2027
Calculate the new rent with the 1.0256 coefficient and generate the letter to the tenant.
Calculate the updateCalculate tax on rental income
Compare the flat rate, the reduced rates for long leases and aggregation.
Calculate the tax
Manage your lease with Aluseg
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FAQ: renting in Santa Cruz
What is the average rent of a 2-bedroom in Santa Cruz?
INE publishes the median (more robust than the average): in 2025, a T2 in Santa Cruz let for €887/month on new leases, for an 85 m² reference area. Roughly half of the leases fall between €651 and €1,142.
Are rents rising in Santa Cruz?
Yes: +12.6% between 2024 and 2025 for a T2. The latest figure (12 months to Q2 2026) is €970/month.
Is Santa Cruz more expensive than the rest of the Madeira region?
Santa Cruz ranks 2nd of the 6 municipalities of the Madeira region with data (T2, 2025). Their median is €575/month, against €887 in Santa Cruz.
How much can I raise the rent in Santa Cruz in 2027?
On a running lease, by up to 2.56% (coefficient 1.0256, Aviso n.º 24199/2026/2), with at least 30 days' written notice to the tenant. On a rent of €887, that is at most €910. Use the rent update calculator.
Keep reading
Related guides
Sources and methodology
Source: INE (Statistics Portugal), local housing rent statistics (periods: 2024; 2025; 12 months to Q2 2026; Q2 2026). Rents of new lease contracts, not asking prices from listings.
Method: INE publishes the median €/m² per municipality. Figures by size are Aluseg estimates: the municipality's €/m² adjusted by the NUTS III ratios by size and applied to a reference floor area (T0 38 m², T1 58 m², T2 85 m², T3 115 m², T4+ 145 m²); the range uses INE's 1st and 3rd quartile for the municipality. The quarterly series, when shown, is published by INE for the largest municipalities only. District and national medians are the median of the municipalities with data. This page is published only for municipalities with a high-confidence sample. Data extracted October 2026. More series in the Aluseg Rent Index.