Average residential rent per square meter in single-province regions Spain 2023
The Community of Madrid was the most expensive single-province region to rent a home in Spain in October 2023. The monthly rent per square meter in Madrid stood at 17.8 euros in that period. Overall, the Community of Madrid had some of the highest residential rents in Spain. In Spain, the majority of households live in an owner-occupied home. Nevertheless, rental rates have grown substantially since 2013, showing that the market is growing.