Overview
- Nationwide advertised rents reached 14.5 €/m² in October, up 10.9% from a year earlier, while the quarter ticked down 0.7% and the month edged up 0.1%, according to Idealista.
- In the Region of Murcia, rents rose 7.9% year over year to 8.8 €/m², but fell 4.3% versus the prior quarter and 1.5% month over month; the city of Murcia averaged 9.3 €/m², up 7% annually.
- Valencia city averaged 15.5 €/m² in October, up 1% on the month and 7.6% on the year, remaining slightly below its record set in May.
- Within Valencia, Jesús became the cheapest district at 12.9 €/m² after a 3.2% monthly drop and a 5.1% quarterly decline, while Benicalap posted the steepest annual rise at 22.5% and nine districts hit new highs.
- Across the province of Valencia, Ontiyent was the most affordable municipality at 6.4 €/m², with Xàtiva next at 7.5 €/m², as Valencia ranks among Spain’s priciest rental markets behind Barcelona and Madrid.