Carabaña (Spanish pronunciation: [kaɾaˈβaɲa]) is a small municipality in the autonomous community of Madrid in central Spain. It is located 50 km from Madrid close to the Autovía A-3, the main highway to Valencia, on the banks of the Tajuña River at a height of 625 m above sea level. As of 2006 it had a population of 1681.