"Rents have risen equally across all of Spain"
Valencia +3,6%. Asturias +1,8%. Double.
National average 2023
+2.6%
Annual RRPI
New contracts
+4.1%
Those signing today
Existing contracts
+2.4%
Renewals
Difference between extreme regions: 1.8 percentage points
Highest rise: Comunitat Valenciana | Lowest rise: Principado de Asturias
Tourist areas and major cities concentrate the largest increases. The inland peninsula and the north see more moderate rises.
Talking about "rents in Spain" as a homogeneous whole is an oversimplification.
Annual variation 2023 by autonomous community
Source: INE — IPVA 2023
Breakdown by region (2023)
| Region | Annual variation |
|---|---|
| Comunitat Valenciana | +3.6% |
| Illes Balears | +3.2% |
| Islas Canarias | +2.8% |
| Cataluña | +2.7% |
| Andalucía | +2.6% |
| Madrid | +2.5% |
| Aragón | +2.4% |
| Murcia | +2.4% |
| Cantabria | +2.3% |
| La Rioja | +2.3% |
| Galicia | +2.2% |
| Extremadura | +2.1% |
| Castilla-La Mancha | +2.1% |
| Castilla y León | +2% |
| Principado de Asturias | +1.8% |
Cumulative 2015-2023 (cities with largest rises)
A single year's snapshot can mislead. The cumulative since 2015 shows the real impact.
| City | Cumulative rise |
|---|---|
| València | +28.9% |
| Málaga | +26.1% |
| Palma | +26% |
| Girona | +23.5% |
| Alacant/Alicante | +21.3% |
| Santa Cruz de Tenerife | +20.8% |
| Barcelona | +19.7% |
| Las Palmas de Gran Canaria | +18.9% |
| Madrid | +17.2% |
| Sevilla | +14.5% |
About this data
- •RRPI: experimental statistic based on personal income tax declarations (AEAT)
- •Scope: common tax territory (excludes Navarre and the Basque Country)
- •Base 2015 = 100
- •Distinguishes between new contracts and existing contracts
- •Capital city data reflects the municipality, not the full province