By the end of 2025, rental costs in Spain increased by 8.5% compared to the previous year, reaching an average price of €14.7 per square metre. Barcelona was the most expensive city for renting a home, with a cost of €23.8 per square metre, followed by Madrid at €22.7/m²; Palma at €18.3/m²; San Sebastián at €17.9/m²; Valencia at €15.9/m² and Málaga at €15.8/m². In the main markets, the largest increases were observed in Madrid (9.7%), Alicante (8.3%), Seville (7%), Valencia (6.4%), Palma (6.4%), Málaga (4.7%), Bilbao (3.1%) and Barcelona (1.9%). Twenty-five of the 50 Spanish capitals studied reached high prices in the last quarter of 2025, including Valencia, Málaga, and Bilbao, according to Idealista.
