Renting in Palma

According to the INE rental housing price index, rents in Palma changed by +4.2% in 2024 (Spain: +3.5%). Since 2015 they have moved +31.3%.

Change in 2024
+4.2%
Change in 2024
Since 2015
+31.3%
Since 2015
Spain in 2024
+3.5%
Spain in 2024

Rent trend in Palma

INE index, 2015 = 100. It measures how prices change, not what they cost.

By district

INE census districts, from the highest to the lowest rise in 2024.

District2024Since 2015
District 01+4.5%+31.6%
District 03+4.3%+31.8%
District 05+4.3%+28.8%
District 02+4.2%+31.1%
District 04+3.9%+31.9%

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How to read this data

The INE builds this index from Spanish Tax Agency data. It is not a price in euros: an index of 110 means rents are 10% higher than in 2015.

The data is yearly and published with a delay: the latest available year is 2024.

The INE does not publish this index for the Basque Country or Navarre, so Bilbao, Donostia, Vitoria-Gasteiz and Pamplona are not listed.

You may also need

Rent prices in Palma: trend and districts | Pisopedia