Business · Economy · 7 hrs ago

Spanish rents rose 3% year on year in the third quarter

Spanish rents rose 3% year on year in the third quarter

Rents in Spain rose 3% year on year in the third quarter of 2026, according to Fotocasa data.

The increase was slower than the 9.1% rise in the first quarter and close to the 2.9% increase in the second.

The average rent was €14.10 per square metre monthly, near the June peak of €14.79.

An 80-square-metre home cost an average of €1,128 a month.

The government has approved housing measures that include limits on rent increases and extensions to rental contracts, but their effect on prices is not yet clear.

A real estate federation said 4,235 homes left the rental market in ten days, while 1,523 agreements were blocked amid legal uncertainty.

Higher mortgage costs may keep more households renting, so less supply and stronger demand could push rents up again.

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What people are saying

María MatosDirector of Studies at Fotocasa
Our concern is that the respite we are beginning to observe in prices may be limited if the available supply continues to shrink.
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We are facing a blocked market that, far from recovering supply, continues to shrink and is unable to respond to very high demand.
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