Rental prices rise 1.4% in May.

New maximum in Spain for the historical series with 11.6 euros/m2 per month

The month of May closed with a monthly rise in the rental price in Spain of 1.4% to settle at 11.6 euros/m2, according to the latest price report. In the last quarter, the price has grown by 3.6% while, in the last year, the rise is 9.4%. The data for May becomes, once again, the maximum rental price.

The main cities register increases compared to the rents of a year ago.

35 capitals have experienced increases in the price of rental housing in the last month. The most pronounced increase is that of Cuenca where rents rose by 3.7%, followed by Alicante (3.4%), Almería, Zamora and Palma (2.7% in the 3 cases). In Madrid the monthly increase was 1.2%, while in Barcelona it remained at 0.4%. On the other hand, Melilla is the capital in which the rental price has fallen the most during the month of May (-4.5%), followed by Jaén (-3.7%), Huesca (-2.9%), Cáceres (-2.5%) and Ávila (-2.1%).

The main cities in the country also registered increases compared to the rents of a year ago: Palma (23%), Málaga (21.4%), Alicante (21.3%), Valencia (20.2%), Barcelona (16 .6%), Madrid (11%), San Sebastián (8.3%), Seville (7.5%) and Bilbao (3.5%).

Barcelona continues to be the capital with the most expensive rents with a price of 18.6 euros/m2, followed by Madrid (16.6 euros/m2) and San Sebastián (15.8 euros/m2). They are followed by Palma (14.3 euros/m2), Bilbao (13.1 euros/m2) and Malaga (12.4 euros/m2). Barcelona, Madrid, Palma, Malaga, Valencia, and Seville reach their highest price.

Zamora, on the contrary, is the capital with the cheapest rent with 6 euros/m2, followed by Ciudad Real and Cáceres (6.2 euros/m2 in both cases), and Ávila (6.3 euros/m2).

Barcelona, the Balearic Islands and Guipúzcoa, the most expensive provinces

The rental price rises in 39 provinces with respect to that registered in the previous month. The greatest increases have been experienced in Huelva (8.1%), Córdoba (6.3%), Cuenca (5.2%), Santa Cruz de Tenerife (3.9%) and Murcia (3.8%). On the opposite side, the provinces that have experienced the greatest decreases in income are Cáceres (-3.5%), Jaén (-1.4%), Teruel (-1.1%), Guipúzcoa (-0.8%), Ávila and Soria (-0.5% in both cases).

Barcelona (15.9 euros/m2) continues to be the most expensive province, ahead of the Balearic Islands with 15.7 euros/m2, Madrid with 15.1 euros/m2 and Guipúzcoa with 14 euros/m2. Zamora (5.5 euros/m2), Cáceres (5.6 euros/m2), Jaén and Ciudad Real (5.7 euros/m2 in both cases), on the other hand, are the cheapest provinces.

The rent rises in almost all of Spain during the last month

Rents have risen in 15 regions over the past month. Murcia (3.8%), Cantabria (3.7%), the Balearic Islands (3.2%) and the Canary Islands (2.3%) lead the increases in rents. They are followed by the Valencian Community (2.1%), Andalusia (1.7%), Madrid (1.3%), Catalonia (0.9%), Galicia (0.8%), Aragon (0.7%), Castilla y León (0.6%) and Castilla-La Mancha (0.5%). Below are the increases in Navarra, La Rioja and Extremadura, which share an increase of 0.3%. In the Basque Country, prices did not move, while in Asturias they fell by 0.2%.

The Balearic Islands (15.7 euros/m2) is the region with the most expensive price above the Community of Madrid (15.1 euros/m2). They are followed by Catalonia (14.9 euros/m2) and Euskadi (12.6 euros/m2). On the opposite side of the table, we find Extremadura (6.1 euros/m2) and Castilla-La Mancha (6.4 euros/m2), which are the cheapest communities.