How much does it cost to rent a house in Spain?

The price of rental housing in Spain closes 2025 with an annual increase of 6.9%, placing the December price at €14.21 per square metre per month, according to data from the report “Rental housing in Spain in 2025”, prepared based on the Fotocasa Real Estate Index. In this way, this annual increase (6.9%) is the fourth recorded since the decline registered in 2021 (-3.6%), and the eleventh increase detected over the 19 years of the historical series.

“The rental market in Spain continues to be one of the main pressure points affecting access to housing, but the close of 2025 leaves a relevant signal after several years of uninterrupted price increases. December’s year-on-year rise is the most moderate of the entire year and, for the second time in eight months, rental prices move away from double-digit growth rates. We are not yet facing a clear change in cycle, but rather a first sign of progressive stabilisation that indicates the rental market is advancing at two different speeds. Regions with greater economic dynamism and higher demand pressure are beginning to slow their growth. At the same time, traditionally less stressed regions continue to experience intense increases, reflecting a partial shift of demand pressure towards new territories,” explains María Matos, Director of Studies and spokesperson for Fotocasa.

Evolution of rental prices by Autonomous Community

At the close of 2025, three autonomous communities record increases above 10% (nine did so in 2024). The highest increases are found in Castilla-La Mancha (19.8%), the Canary Islands (12.8%) and Catalonia (11.5%). They are followed by Asturias (9.9%), La Rioja (8.3%), Extremadura (8.1%), Andalusia (7.3%), the Balearic Islands (7.1%), the Valencian Community (6.7%), the Basque Country (6.0%), the Region of Murcia (6.4%), Cantabria (5.7%), Castile and León (5.4%), Galicia (5.3%), Aragon (4.2%) and Navarre (1.0%). On the other hand, Madrid (-1.4%) records the only annual decline.

Overall, absolute prices by autonomous communities continue to rise in most regions. In 2025, Madrid remains in first place with a price of €20.33 per square metre per month, while Catalonia, at €20.02 per square metre per month, ranks second, followed by the Balearic Islands with €18.69 per square metre per month.

Regarding the national average (€14.21 per square metre per month), five autonomous communities exceed this level (the same as in 2024): Madrid exceeds it by 43%, Catalonia by 41%, the Balearic Islands by 32%, the Basque Country by 24% and the Canary Islands by 7%. The remaining regions record prices below the national average, which in December 2025 stands at €14.21 per square metre per month.

Evolution of rental prices by province

At the close of 2025, annual prices increased in 47 of the 50 provinces analysed. To date, the trend observed in Spanish provinces over the last ten annual reports has been an increase in prices in most of them. A detailed analysis shows that 16 provinces record double-digit annual increases, with seven of them exceeding 15%: Guadalajara (37.2%), Zamora (33.4%), Ciudad Real (20.4%), Soria (18.3%), Teruel (17.6%), Ávila (16.3%) and Araba–Álava (15.3%). On the other hand, three provinces experience annual declines: Palencia (-10.6%), Gipuzkoa (-1.0%) and Madrid (-0.3%).

In 2025, the provinces of Barcelona and Madrid position themselves as the most expensive in Spain, with €21.90 per square metre per month and €20.66 per square metre per month, respectively. They are followed by Gipuzkoa (€19.02 per square metre per month), the Balearic Islands (€18.60 per square metre per month) and Bizkaia (€17.30 per square metre per month).

In terms of prices, seven Spanish provinces exceed €15 per square metre per month. These include Barcelona (€21.90 per square metre per month), Madrid (€20.66), Gipuzkoa (€19.02), the Balearic Islands (€18.60), Bizkaia (€17.30), Málaga (€15.98) and Las Palmas (€15.80).

Evolution of rental prices by cities

Year-on-year rental prices have risen in 39 of the 48 (81%) provincial capitals analyzed by Fotocasa. Looking more closely at the analyzed provincial capitals, 12 show double-digit year-on-year increases: Guadalajara (42.7%), Lleida (20.9%), Palencia (20.6%), Toledo (19.9%), Zamora (17.3%), Santa Cruz de Tenerife (15.6%), Segovia (12.9%), Badajoz (12.3%), Jaén (11.7%), Cuenca (11.5%), Girona (10.8%), and Albacete (10.0%).

On the other hand, the nine cities where year-on-year decreases occur are: Logroño (-2.5%), Lugo capital (-2.1%), Madrid capital (-2.0%), Sevilla capital (-2.0%), Donostia – San Sebastián (-1.9%), Pamplona / Iruña (-1.6%), Cádiz capital (-1.1%), Almería capital (-1.0%) and Tarragona capital (-0.7%).

Regarding the price per square meter in January, we see that nine cities exceed €15.00/m² per month: Barcelona (€23.19/m² per month), Madrid (€21.59/m² per month), San Sebastián (€20.37/m² per month), Palma de Mallorca (€18.79/m² per month), Bilbao (€17.82/m² per month), Girona (€17.72/m² per month), Valencia (€16.33/m² per month), Málaga (€16.15/m² per month), and Las Palmas de Gran Canaria (€15.54/m² per month).

On the other hand, the cities with rental prices below 9.00 euros are: Jaén capital with 7.52 €/m2 per month, Lugo capital with 8.06 €/m2 per month, Cáceres capital with 8.08 €/m2 per month, Ourense capital with 8.09 €/m2 per month, Badajoz capital with 8.21 €/m2 per month, Cuenca capital with 8.22 €/m2 per month, Ciudad Real capital with 8.57 €/m2 per month, Ávila capital with 8.82 €/m2 per month, Albacete capital with 8.88 €/m2 per month and Córdoba capital with 8.91 €/m2 per month.