Rental prices

Article 18 of the Spanish Urban Leases Act (LAU) outlines, among other provisions, the procedure for updating a property's rent.

It has been five years since the onset of the coronavirus pandemic, and the real estate market has undergone significant changes, particularly in the rental sector. During the period of isolation, the supply of long-term rental properties doubled, peaking in December 2020 as prices fell. However, since then, rental supply has declined by 56%, while prices have risen by 30%. Political measures implemented in response have only reduced stock to minimal levels, placing further strain on the market with heightened demand and record-high prices in many capital cities.

According to the latest report from idealista, the average rental price for houses in the province of Valencia has risen to €12.7 per square metre, following a sharp increase of 15.1% over the past year. However, there are still towns where rental prices remain affordable.

According to the latest idealista report, rental prices in Spain rose by 11.5% in 2024, reaching an all-time high in December with an average of €13.5 per square metre.

On 20 December 2024, the Official State Gazette (BOE) published the methodology for the new Spanish Statistics Institute (INE) index used to update rental prices in 2025: the Housing Lease Reference Index (IRAV).

Andalusia is home to four of the ten towns and cities with the highest household effort to rent a home, according to a study published by idealista.

Ocaña (Toledo), Alhaurin el Grande (Malaga), Jodar (Jaen) and Riba-roja de Turia (Valencia) are the towns that have seen the biggest rent hikes between 2015 and 2022, according to the INE's Rental Housing Prices Index (IPVA), with increases of more than 27% in all cases. The first provincial capitals that appear on the list are Valencia (23.3%), Palma (21.8%) or Malaga (21.4%).

Rental prices keep breaking records amid a shortage of supply and an increase in demand. Among the towns with the greatest demand pressure, those on the outskirts of the major capitals continue to dominate, with Getafe and Hospitalet de Llobregat as the main examples, compared to the large cities.

Last 16 March, the Government's new reference index for capping rent and the ratio of stressed residential market areas in Catalonia (140 towns and cities) came into force. Ashurst law firm has prepared this guide to address all rent cap queries.

Homeownership is losing ground in Spain in favour of renting.

With the new annual rent renewal limit, some tenants are finding themselves with the unpleasant surprise that their landlord wants to raise their rents by 5%: 2% for 2023 because they did not get to apply this increase and 3% for this year.

House prices have risen during 2023 and experts predict they will not slow down this year either. Although hikes may be less significant, what will happen to rent in Spain?

Eight of the ten places with the highest pressure on housing supply in the rental market are in the towns and cities on the outskirts of the two major Spanish capitals, according to the idealista study.

Are you a foreigner thinking of renting a property in Spain? What permits and documents do you need to move into a flat?  Renting a flat in Spain can seem overwhelming, but with the correct information, you can find the perfect home without unnecessary hassle.

Rent prices in Spain continued to rise in September to €11.8/m2 per month, an increase of 9.3% year-on-year and 1% below the national record (August 2023).

Between April and June 2023, house prices rose by 3% compared to the previous quarter and by 1.1% compared to the same period last year, according to Solvia's II Solvia Market View 2023 study. The real estate services firm for individuals explained that after several months of slowing rises, house

House prices continue to rise after the 7.2% increase recorded in August, reaching a national average of €2,004/m2.

Rents in London continue to break records and are already well above those recorded in the rest of the United Kingdom.

idealista/data's ranking for the second quarter of 2023 of the 100 most sought-after towns and cities in the rental market, compiled with statistics on rent and relative demand, once again classifies the most sought-after areas among idealista users looking for a rental property and the median price

Interest in renting a property from abroad soared in 2022 and is strengthening in 2023.

New York City voted last week to raise rent prices for more than one million homes under the umbrella of the Rent Stabilized programme, in which tenants are protected from huge increases and can renew their leases for one or two years.

Madrid and Andalusia are the autonomous regions that account for 53% of the holiday rental scams in Spain, according to data from the Ministry of the Interior.

Although many Spaniards believe that a law regulating the right to housing is needed, they also think that many rental properties could be withdrawn due to the new Housing Law (51%). On the other hand, some believe that the social and affordable rental market is less likely to be increased (44%).

Spain's rental housing supply has fallen by 5% during the first quarter of 2023, compared to the same quarter last year, according to a study published by idealista, the southern European real estate marketplace. Despite the drop flattening out, the volume of rental housing on offer is at its l

The most affordable town in Spain for renting a property is in the province of Jaen. More specifically, Baeza is the town with the most affordable square metre, as landlords ask for an average of €4.30/m2 per month, according to a study by idealista, the real estate marketplace in southern