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Valencia Housing Market Reaches Record Highs in Rents and Fast Leasing

Rental prices in Valencia province and city surge to unprecedented levels as a quarter of urban listings are leased within 24 hours, highlighting a critical supply-demand imbalance.

Un hombre mira los carteles de pisos en una inmobiliaria de València.
El precio medio de las viviendas en arrendamiento batió récord siete veces en los dos últimos años: el m2 está ahora a 10,7 euros
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Overview

  • Average monthly rent in Valencia province exceeds €1,300 for a 100 m² flat, with a 14.6% year-on-year increase in Q1 2025.
  • Valencia city records an average rent above €1,600 per month, reflecting one of the highest urban rental costs in Spain.
  • 24% of rental listings in Valencia city are leased within 24 hours, the fastest rate among major Spanish cities, driven by limited supply and intense competition.
  • Residential purchase prices in the Valencian Community rose over 10% year-on-year, with Valencia province leading at an 11.3% increase to €1,393 per m².
  • Market observers attribute the surging rents and prices to a severe housing supply shortage and growing demand in the region.