Madrid, the most expensive region to rent: €21.82/m²

The average rental price in Spain rises 0.07% monthly and 9.45% annually, according to pisos.com.

Close-up of a Spanish euro coin and a house key on a blurred background of rental contract documents.
IA

Close-up of a Spanish euro coin and a house key on a blurred background of rental contract documents.

The Community of Madrid consolidates itself as the region with the most expensive rental prices in Spain in July, reaching 21.82 euros per square meter.

According to the monthly rental price report from pisos.com, Madrid leads the ranking with a rate of €21.82/m². It is followed by the Balearic Islands (€19.12/m²) and Catalonia (€16.82/m²). At the opposite end, Extremadura (€7.04/m²), Castilla y León (€7.57/m²), and La Rioja (€7.87/m²) present the lowest prices.
In monthly terms, Castilla y León registered the largest increase (1.75%), while Catalonia experienced the largest decrease (-1.84%). On an annual basis, Castilla y León also led the increases with 23.9%, with Navarra being the only community where prices decreased (-0.05%).
By provinces, Madrid topped the list of the most expensive (€21.82/m²), followed by the Balearic Islands (€19.12/m²) and Barcelona (€18.88/m²). Ourense was the most affordable province (€5.27/m²), ahead of Ávila (€5.54/m²) and Jaén (€5.65/m²). Valladolid saw the largest monthly increase (4.2%), and Girona the largest decrease (-3.01%).
In provincial capitals, Barcelona was the most expensive (€30.06/m²), followed by Madrid (€29.41/m²) and Donostia-San Sebastián (€21.36/m²). Palencia and Huelva shared the lowest price (€7.35/m²), followed by Zamora (€7.40/m²).
The national average price for rental housing stood at €14.82/m² in July, 0.07% more than the previous month and 9.45% more than in July 2025.

"Rent is subject to structural pressure that is unlikely to disappear in the short term, in a context marked by increased demand and lower housing availability."

Ferran Font · Director of Studies at pisos.com
Ferran Font, Director of Studies at pisos.com, points out that the situation not only affects the price but also 'increases competition among tenants, shortens decision times, and tightens access conditions'.

"The problem 'is not just how much it costs to rent, but who can access renting and under what conditions'."

Ferran Font · Director of Studies at pisos.com
Regarding property owners, Font considers it simplistic to label them as the 'sole beneficiaries', as although housing scarcity gives them a position of strength in high-demand areas, they also face maintenance costs, taxation, community fees, insurance, and a regulatory environment that increases the perception of risk.