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Expenses · Spain

Rent and housing costs in Spain

About $542 a month for a 70m² flat — 19.8% of what a median local earner takes home. Measured from real published rents.

The figures

Rent, 70m² flat
$542/mo
measured · 93 cities
Share of local median wage
19.8%
local median ≈ $2,742/mo
Price-to-income
127%
of this country's own long-run average
Price-to-rent
166.6%
above 100 favours renting
Mortgage rate
2.89%
new housing loans (ECB)
Housing price level
96.5
EU27 = 100 (Eurostat)

Updated 2026-09-01. Price-to-income and price-to-rent compare Spain with its own long-run average, not with other countries. National averages — not financial advice.

Rent by city

Real published figures for 93 cities, for a 70m² flat.

Linares $332/mo
Elda $341/mo
Ponferrada $344/mo
Alcoy/Alcoi $349/mo
Ferrol $355/mo
Lugo $361/mo
Mérida $395/mo
Zamora $395/mo
Lorca $397/mo
Talavera de la Reina $402/mo
Gandia $413/mo
Castellón de la Plana/Castelló de la Plana $414/mo
Ourense $416/mo
Cartagena $418/mo
Cáceres $423/mo
Elche/Elx $425/mo
León $443/mo
Palencia $447/mo
Badajoz $453/mo
Ciudad Real $454/mo

Showing the 20 cheapest of 93.

Countries with similar rent

See also: all countries ranked · what people earn in Spain · healthcare costs

Frequently asked questions

How much is rent in Spain?

About $542 a month for a 70m² flat — measured from 93 cities published by Eurostat. That is 19.8% of the local median wage of roughly $2,742 a month. A national average, not a quote: what you pay depends on the city, the neighbourhood and when you look.

Can I afford to live in Spain on a remote salary?

That depends on the salary, which is the point. Rent of $542 is 19.8% of a local median wage; on a $6,000/month remote income it would be about 9%. The gap between those two figures is the arbitrage, and the housing tool computes it for any income you enter.

Is buying in Spain good value right now?

Price-to-income currently sits at 127% of Spain's own long-run average, so housing is 27% less affordable than its historical norm. Price-to-rent is at 166.6% of its own average — above 100 favours renting. These compare Spain with its own past, not with other countries.

Where does this data come from?

OECD (price-to-income and price-to-rent), the ECB (mortgage rates, euro area only) and Eurostat (measured city rents and housing price levels), refreshed at build time — last updated 2026-09-01. OECD — DSD_AN_HOUSE_PRICES, HPI_YDH_AVG (% of long-term average); OECD — DSD_AN_HOUSE_PRICES, HPI_RPI_AVG (% of long-term average); ECB Data Portal — MIR, new housing loans to households (euro area); Eurostat — prc_ppp_ind, ppp_cat A0104 (EU27=100); Eurostat Urban Audit — SA1049V, average annual rent per m² (EUR); Eurostat Urban Audit — SA1053V, apartment price per m² (EUR); Eurostat Urban Audit — SA1051V, average apartment price (EUR); HUD USER — Fair Market Rents FY2026, One-Bedroom (40th-percentile GROSS rent, incl. tenant-paid utilities, USD/month).

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