Average Rental Prices Rose by 6% in Barcelona in 2018 to €930/Month

19 March 2019 – Eje Prime

The average rental price in Barcelona amounted to €929.57 per month in 2018, up by 6% compared to the previous year, according to data from the Property Developers’ Association of Cataluña. In total, 53,524 rental contracts were signed in the Catalan capital last year.

By district, Sarrià Sant Gervasi recorded the highest average price, of €1,269 per month, ahead of Les Cortes and El Eixample (€1,090 and €1,038 per month, respectively). The lowest prices were recorded in Nou Barris and Horta Guinardó, where average rents amounted to €675 and €764 per month, respectively.

Average rental prices also increased in the other three Catalan capitals in 2018. Girona recorded an average price of €598/month, up by 6.5% YoY; Tarragona of €514/month, up by 7.8% YoY; and Lleida of €432/month, up by 6.2% YoY.

The Catalan municipalities with the highest average rental prices in 2018 were Sant Vicenç de Montalt, Cabrils and Sant Cugat del Vallès, with average prices of €1,251, €1,178 and €1,149 per month, respectively.

In total, 167,458 rental contracts were signed in the autonomous region, up by 7% YoY, and the average rental price amounted to €692/month.

Original story: Eje Prime 

Translation/Summary: Carmel Drake

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