Almost half of Spanish households (48.9%) owned their home outright in 2025, while a further 24.4% were homeowners with an outstanding mortgage, according to the Spanish Statistics Institute (INE).
In total, 73.3% of households lived in owner-occupied housing, with or without a mortgage – the lowest proportion recorded since the INE series began in 2004.
Meanwhile, 20.2% of households rented their home in 2025, down 0.2 percentage points from the previous year. Of these, 16.7% paid market rents (down 0.3 points), while 3.5% rented below market rates, up 0.1 points year on year.
Castilla and León (81.2%), Cantabria (80.9%), La Rioja (80.7%) and Navarre (80.6%) were the regions with the highest levels of home ownership in 2025, all exceeding 80%.
By contrast, the Canary Islands (66.8%), the Balearic Islands and Catalonia (both 67.1%), and Madrid (69.1%) recorded the lowest shares of households living in owner-occupied homes.
Castilla and León also had the highest proportion of households owning their home outright, at 58.4%, followed by Extremadura (56.3%), Asturias (56.2%), Galicia (55.8%) and La Rioja (55.6%). At the other end, Catalonia (40.9%), the Balearic Islands (42.1%) and Madrid (44%) had the lowest percentages of outright ownership.
For mortgaged homes, the highest shares were recorded in Andalusia (26.7%), the Basque Country and Cantabria (26.5% in both cases), Catalonia (26.2%) and Navarre (26%). The lowest figures – below 20% – were in Galicia (17.3%), the Canary Islands (19.3%) and Extremadura (19.9%).
As for renting, Catalonia had the highest proportion of households living in rented accommodation in 2025 (28%), followed by Madrid (26.9%), the Balearic Islands (24.7%) and the Canary Islands (23.6%). The lowest rental rates were in Castile and León (12.9%), Navarre (13.4%) and La Rioja (13.7%).
Among tenants, households in Catalonia, Madrid and the Balearic Islands recorded the highest shares of market-rate rentals (23.2%, 22.6% and 21.3%, respectively). Meanwhile, the Canary Islands (6.7%), the Basque Country (5%), Catalonia (4.8%) and Navarre (4.6%) had the highest proportions of below-market rents.
