Valencia Rental Costs Rise, But Remain More Affordable Than Barcelona
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As of August 29, 2025, Valencia is experiencing a meaningful increase in rental prices, mirroring a trend seen across Spain. However, despite these increases, the city remains a more affordable option for renters compared to Barcelona, a key difference for those considering a move or investment.
the average cost to rent a 70-square-meter (approximately 753 square feet) property in Valencia now stands at €945 per month. This figure represents a considerable increase compared to regional averages within the Valencian Community, but it’s considerably lower than the €1,414 average monthly rent for a similar-sized property in Barcelona. Source
Understanding the Factors Driving Rental Increases
Several factors contribute to the rising rental costs in Valencia. Increased tourism, a growing digital nomad community, and a general influx of residents from other parts of Spain and Europe are all putting pressure on the housing market.Valencia’s appeal lies in its combination of affordability, climate, culture, and increasingly, its status as a tech hub.
- Tourism: The city’s popularity as a tourist destination drives up demand for short-term rentals, reducing the supply available for long-term residents.
- Digital Nomads: Valencia is attracting remote workers seeking a lower cost of living and a high quality of life.
- Internal Migration: People are moving to Valencia from more expensive cities like Madrid and Barcelona, seeking a more affordable lifestyle.
- Limited Housing Supply: The construction of new housing hasn’t kept pace with the growing demand.
Valencia vs. Barcelona: A Comparative Look
The stark contrast between Valencia and Barcelona’s rental costs highlights the impact of market forces and housing policies. Barcelona, a long-established global city, faces considerably higher demand and a more constrained housing supply.Valencia, while rapidly developing, still offers relative affordability.
| City | Average monthly rent (70 sq meters – August 29, 2025) |
|---|---|
| Valencia | €945 |
| Barcelona | €1,414 |
This difference of nearly €500 per month can be a decisive factor for individuals and families considering a relocation. However, it’s important to note that Valencia’s rental prices are still rising, and the gap may narrow over time.
Who is Affected?
The rising rental costs impact a broad range of individuals and groups:
- Long-Term Residents: Those on fixed incomes or with lower wages may struggle to afford increasing rents.
- Young Professionals: Starting their careers, young professionals may find it arduous to secure affordable housing in desirable neighborhoods.
- Families: Families may be forced to compromise on location
