| Palacio | |
| Settlement Type: | Ward of Madrid |
| Subdivision Type: | Country |
| Subdivision Name: | Spain |
| Subdivision Type1: | Autonomous community |
| Subdivision Name1: | Madrid |
| Subdivision Type2: | Municipality |
| Subdivision Name2: | Madrid |
| Subdivision Type3: | District |
| Subdivision Name3: | Centro |
Palacio is an administrative ward (barrio) of Madrid, Spain belonging to the district of Centro.
It contains the historic neighborhoods of La Latina and El Madrid de los Austrias.