The rental market in Spain in 2026 shows record pressure in the big cities and attractive yields in the medium-sized ones. Here is the up-to-date picture of rents by city, with an analysis of what it means for buyers and investors.
The cities with the most expensive rents
- Barcelona: The average rent in 2026 is above €20/m²/month in many central neighbourhoods. A 60m² flat costs around €1,200-1,400/month in the Eixample.
- Madrid: An average of €17-19/m²/month in the central districts. Centro, Chamberí, Salamanca: €1,500-2,500/month for flats of 70-80m².
- San Sebastián: €15-18/m²/month, with very limited supply that keeps prices at their highs.
- Palma de Mallorca: €14-17/m²/month, driven by international demand and restrictions on VUTs (viviendas de uso turístico, licensed tourist lets).
The cities with the most attractive rents and yields
- Murcia city: €7-9/m²/month with low purchase prices → gross yield of 6-8%.
- Albacete: €6-8/m²/month, with flats you can buy for €70,000-90,000 → a yield of 7-9%.
- Castellón: €7-10/m²/month, with good demand from students.
- Huelva: €6-7/m²/month, with very moderate purchase prices.
- Jaén: €5-7/m²/month. The low purchase price means the gross yield exceeds 8% in some cases.
Why rent levels matter to investors
The market rent determines the yield on your investment. Before buying any asset, check the real rent of similar properties in the same area. Not the asking rent on the portals: the rent at which deals actually close (which is usually 5-10% lower than the advertised figure in markets with a lot of supply).
Calculate the yield: Use RadarPro to cross-reference the purchase price with the market rent and calculate the gross and net yield of any asset in Spain.
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