Overview

• Spain's rental market has seen a 48.3% increase in prices since the pandemic, doubling the inflation rate during the same period.
• Valencia's Patraix district reached a record €13.1/m² in April 2025, marking a 12.4% annual increase, while L'Olivereta rents surged by 23.1% to €13.8/m².
• 75% of Spanish provinces have experienced rental price hikes exceeding 30%, with no provinces reporting decreases.
• Experts attribute the crisis to a chronic supply-demand imbalance worsened by post-pandemic factors, including reduced social housing construction and regulatory challenges.
• Protests are growing as tenants dedicate nearly their entire income to rent, and economists warn of makeshift living scenarios such as caravans and overcrowded spaces.