Valencia was the most expensive city for renting residential real estate in the Region of Valencia in Spain, in October 2023. The average monthly rent stood at **** euros per square meter in that period. That was slightly higher than the national average. Overall, the majority of households in Spain live in an owner-occupied home.

Average rental price in EUR/m² per neighborhood of the city of Valencia according to the Idealist sales portal.

The average price per square meter of residential rental property in Spain grew from 7.13 euros as of June 2015 to 10.82 euros in June 2020, which meant an increase of 52 percent. Only four autonomous communities experienced a percentage change higher than the national average: Valencia, Catalonia, Madrid, and the Canary Islands. The Region of Valencia experienced the highest increase, with prices growing from 5.16 to 8.67 euros per square meter, a 68 percent rise. On the other hand, although the Basque Country ranked as the region with the most expensive housing rental prices in June 2015, it fell to a third position by the same month of 2020.

Amsterdam is set to maintain its position as Europe's most expensive city for apartment rentals in 2025, with median costs reaching 2,500 euros per month for a furnished unit. This figure is double the rent in Prague and significantly higher than other major European capitals like Paris, Berlin, and Madrid. The stark difference in rental costs across European cities reflects broader economic trends, housing policies, and the complex interplay between supply and demand in urban centers. Factors driving rental costs across Europe The disparity in rental prices across European cities can be attributed to various factors. In countries like Switzerland, Germany, and Austria, a higher proportion of the population lives in rental housing. This trend contributes to increased demand and potentially higher living costs in these nations. Conversely, many Eastern and Southern European countries have homeownership rates exceeding 90 percent, which may help keep rental prices lower in those regions. Housing affordability and market dynamics The relationship between housing prices and rental rates varies significantly across Europe. As of 2024, countries like Turkey, Iceland, Portugal, and Hungary had the highest house price to rent ratio indices. This indicates a widening gap between property values and rental costs since 2015. The affordability of homeownership versus renting differs greatly among European nations, with some countries experiencing rapid increases in property values that outpace rental growth. These market dynamics influence rental costs and contribute to the diverse rental landscape observed across European cities.

The annual prime rent for warehouses over ***** square meters in the occupier logistics market in Barcelona reached *** euros per square meter in the first quarter of 2025. In Madrid and Valencia, prices were lower, at ** euros per square meter and ** euros per square meter.