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.

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.

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 has shown a consistent upward trend, reflecting a steady growth in the rental market. In 2024, the average rent reached **** euros per square meter. This marks a notable increase since 2015, when rent cost *** euros per square meter. Rental costs varied across the different regions of the country, with the Balearic Islands and Catalonia recording the highest rents.

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.