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Rent prices in Spain increased by 10.2% in September year-on-year

The price of renting houses in Spain increased by 10.2% in September year-on-yearbut it fell by 2.4% compared to the previous quarter, reaching 13 euros per square meter, according to data from the real estate portal Idealista. “The current rental situation in Spain is alarming and requires immediate solutions. To urgently end this hemorrhage of supply that is causing prices to skyrocket, we must see landlords as the solution and not the problem “, he asked, Francisco, the spokesperson for Idealista. Iñareta.

The expert blamed the “years of restrictive policies” for having caused the withdrawal of housing from the market, as well as that of potential investors, for which it requested measures to “relax and balance” the relations between the parties and offer the owner “greater legal certainty”.

Increase in all provinces

All Spanish provinces record rental prices higher than a year ago. He greatest increase mand signed up for Cácereswhere prices increased by 29.5%. The increases recorded in Madrid (+16%), Valencia (+15.4%), Cuenca (+13.7%), Ávila (+13.1%), Soria (+12.4%) and Toledo (+ 12.1%). or Barcelona (+11.8%). Thus, the highest prices were recorded in Barcelona, ​​with 19.2 euros per square meter per month, in Madrid (18.7 euros), in the Balearic Islands (18 euros) and in Gipuzkoa (16.4 euros).

On the opposite side, Jaen is the most economical province to rent a house, with 6 euros per square meter, followed by Ciudad Real (6.1 euros), Zamora (6.4 euros), Lugo, Ourense, Teruel and Badajoz (6.7 euros in total). By autonomy, the price increased in each of them at an interannual rate. The highest increase took place in the Community of Madrid (+16%), Extremadura (+15.9%), Valencian Community (+13.4%), Cantabria (+11.6%), the Balearic Islands (+11.4%) and Asturias (+11.3%). ). Navarra recorded the lowest increase, with 5.1% more.

This way, Madrid was the community with the most expensive rentsince it reaches 18.7 euros per square meter, followed by the Balearic Islands (18 euros), Catalonia (17.4 euros) and Euskadi (14.1 euros). At the opposite end are Castile-La Mancha (7.1 euros), Extremadura (7.1 euros) and La Rioja (8.2 euros), the most economical communities.

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