The most expensive streets in Spain for renting a home are in Barcelona, in the exclusive Pedralbes neighborhood, with an average price of € 3,285 per month. This is clear from the data offered by the State System of Housing Rental Indexes published by the Ministry of Transport, Mobility and Urban Agenda, which allows knowing the average price of a rental property in 2018.
The data is even provided at the census section level, a division represented on the upper map and offering more detailed information than that of a municipality or district. By hovering the mouse over the area you want to know, you will obtain information on the average rental price of a flat or a single-family home, how many were offered in the area, as well as the average price per square meter and the average area. The report offers information from all the Autonomous Communities with the exception of Navarra and the Basque Country.
According to these data, the four most expensive census sections in Spain are located in Barcelona. Thus, behind Pedralbes is that corresponding to the triangle of streets generated between Calle de la Reina, Johan Sebastian Bach and Ganduxer, with Plaza San Gregori as a vertex. The average price of the area is € 2,950 / month. The block next to it, the one generated between Tres Torres, Santa Fe de Nou Mèxic, Gandurex and Dr Fleming streets, would be the third most expensive with an average price of € 2,673 / month.
In fourth position, with € 2,615 average rent per month, another section located in Barcelona, this time, a little further north, the block that surrounds the Sarrià Cemetery.
For the fifth position, we left Catalonia and moved to the Madrid municipality of Alcobendas, to the Moraleja neighborhood, between Nardo, Dalia and Brussels streets, where the average rental price in the area is € 2,600.
The most exclusive municipalities
If the total of the large municipalities is taken into account, Pozuelo de Alarcón (Madrid) with an average rental price of 1,200 euros is the most expensive in Spain. Behind it are two other towns in Madrid: Boadilla del Monte and Majadahonda, both with an average amount of 1,100 euros. In fourth position we return to Barcelona, to San Cugat del Vallés, with 980 euros. The fifth in the ranking is another Madrid municipality, La Rozas, with 950 euros.
To break the Madrid-Barcelona pairing, you have to go to position 21 in the ranking, where nine municipalities have an average monthly rent of € 700: San Roque (Cádiz; Marbella (Málaga); Calvià and Marratxí, in the Balearic Islands; Bareberà del Vallès, Sant Feliù de Llobregat and Viladecans, in Barcelona; Coslada (Madrid) and Ceuta.
The following chart shows the price range by province. By placing the cursor on each point we obtain information about the municipality, the province and the average monthly price of the lease. Thus, those that are closest to the “Y” axis will be the cheapest. In this case, Yecla (Murcia) with € 275 average monthly rent would be the cheapest municipality in the country.
The most expensive m2
If we take into account the price of the square meter in 2018, as shown in the following graph, Madrid with € 13.2 was the one with the highest average; behind, Pozuelo de Alarcón (€ 12.7), Las Rozas de Madrid (€ 12.5), Sant Josep de sa Talaia (Balearic Islands, € 12.5) and Majadahonda (€ 12.3).
Where are the largest apartments for rent?
The report also provides information on the average size of the houses that were leased in 2018. In this way, it is possible to know which areas are those that offer larger flats and which smaller spaces.
As can be seen in the following graph, with an area of 115 m2 on average, Boadilla del Monte (Madrid) and Caravaca de la Cruz (Murcia) are the municipalities that lead the ranking. At the opposite end, with less than half the space, 56 m2, L’Hospitalet de Llobregat.