{"id":3948,"date":"2025-06-18T13:22:20","date_gmt":"2025-06-18T11:22:20","guid":{"rendered":"https:\/\/www.marbellaforsale.com\/blog\/?p=3948"},"modified":"2025-06-18T13:22:20","modified_gmt":"2025-06-18T11:22:20","slug":"steep-rental-price-increase-seen-in-may","status":"publish","type":"post","link":"https:\/\/www.marbellaforsale.com\/blog\/steep-rental-price-increase-seen-in-may\/","title":{"rendered":"Steep Rental Price Increase Seen in May"},"content":{"rendered":"
\"Rental

Rental prices rose 14.9% Year-on-Year<\/p><\/div>\n

The Spanish rental market is showing no signs of slowing down<\/strong>. According to the latest data, rental prices across Spain increased by 14.9% year-on-year in May 2025, representing the second-highest annual rise in the past five years.<\/p>\n

The average rental price now stands at \u20ac14.33 per square metre, meaning that an 80 m\u00b2 apartment typically costs around \u20ac1,146 per month. This marks an increase of approximately \u20ac148 per month compared to May 2024.<\/p>\n

Rental Pressure Mounts for Tenants<\/h3>\n

This steep price rise is putting increasing pressure on tenants, especially younger renters and those relocating to high-demand areas such as Marbella and the Costa del Sol. Limited rental supply and strong demand continue to drive prices up.<\/p>\n

According to Mar\u00eda Matos, Director of Research at Fotocasa<\/a>, \u201cWe are witnessing a significant and ongoing imbalance between supply and demand. Many landlords are shifting their properties to the sales market or to other rental models, reducing the availability of long-term rentals. Without public policies to support rental supply, this situation risks becoming permanent.\u201d<\/p>\n

How Andalusia and the Costa del Sol Are Affected<\/h3>\n

Andalusia experienced a 10.3% increase in rental property<\/a> prices over the past year, placing it among the top regions in terms of growth<\/strong>. Within Andalusia, M\u00e1laga province remains one of the most expensive rental markets in Spain, with average prices reaching \u20ac15.87\/m\u00b2 per month. For context, this places M\u00e1laga above other popular coastal areas such as Valencia and the Canary Islands.<\/p>\n

This means that for an average 80 m\u00b2 apartment in M\u00e1laga city or its sought-after coastal areas like Marbella, tenants can expect to pay over \u20ac1,270 per month. In luxury and beachfront locations, prices can be significantly higher.<\/p>\n

Spain\u2019s Most Expensive Rental Markets<\/h3>\n

As of May 2025, the top five regions with the highest average rental prices per square metre are:<\/p>\n