Rental Prices in Asturias 2023
Rental price statistics in the province of Asturias - ASTURIAS (PRINCIPADO DE)
Ranking
#21 of 50 provinces
Variation 2023
+3.8%
Median rent (Collective housing)
6.36€/m²
Median amount/month
450.00€
Collective housing
2023
Median rent
6.36€/m²
Median amount
450.00€
Median area
76 m²
Contracts
54,839
Single-family housing
2023
Median rent
4.04€/m²
Median amount
398.18€
Median area
144 m²
Contracts
4,134
Historical rent evolution
Price evolution
| Year | €/m² | €/month | Contracts | Variation |
|---|---|---|---|---|
| 2011 | 5.42 | 400.00 | 32,643 | - |
| 2012 | 5.42 | 400.00 | 33,068 | - |
| 2013 | 5.25 | 383.14 | 33,916 | -3.1% |
| 2014 | 5.21 | 380.00 | 35,889 | -0.8% |
| 2015 | 5.16 | 375.00 | 39,291 | -1% |
| 2016 | 5.26 | 380.00 | 41,896 | +1.9% |
| 2017 | 5.33 | 385.00 | 44,337 | +1.3% |
| 2018 | 5.43 | 397.97 | 46,403 | +1.9% |
| 2019 | 5.71 | 400.00 | 48,682 | +5.2% |
| 2020 | 5.81 | 410.00 | 49,907 | +1.8% |
| 2021 | 5.95 | 425.00 | 51,542 | +2.4% |
| 2022 | 6.13 | 440.00 | 52,554 | +3% |
| 2023 | 6.36 | 450.00 | 54,839 | +3.8% |
The rental housing market in Asturias, a picturesque region in northern Spain, reflects a unique blend of affordability and demand. As of 2023, the average rent in Asturias stands at approximately 4.0 euros per square meter, translating to an average monthly rent of around 398 euros. This pricing positions Asturias at rank #71 among Spain's 52 provinces in terms of rental costs, indicating a relatively moderate rental landscape compared to other regions. The statistic of 4,134 registered rental contracts in the province highlights a significant level of activity in the market, suggesting that despite the challenges faced by tenants in other parts of Spain, Asturias offers a viable option for those seeking rental housing. For tenants, this average rent is notably lower than the national average, which hovers around 11.0 euros per square meter in major urban centers. Consequently, Asturias presents an attractive alternative for individuals and families who prioritize affordability without sacrificing quality of life. Moreover, comparing Asturias to its neighboring regions, we observe that the rental prices are generally more accessible than in regions like Madrid or Catalonia, where the average rent can soar to more than double that of Asturias. This accessibility could be pivotal for young professionals, students, and families looking to relocate to a less urbanized yet vibrant environment. The balance of reasonable rental prices amidst a picturesque natural backdrop and rich cultural heritage makes Asturias an appealing choice for prospective renters. Furthermore, while the number of rental contracts registered in Asturias may seem modest in comparison to larger cities, it reflects a stable rental market that is less susceptible to the volatility seen in more metropolitan areas. The steady demand for housing, combined with the province's scenic landscapes and quality of life, suggests that the rental market is poised for gradual growth. As the rental landscape evolves, it is essential for tenants to stay informed about market trends and shifts. Factors such as economic conditions, employment opportunities, and regional development plans can significantly impact rental prices. For those considering a move to Asturias, understanding these dynamics can aid in making informed decisions. In conclusion, the rental housing market in Asturias offers a compelling proposition for those seeking affordable living options in a region characterized by natural beauty and cultural richness. With an average rent of 4.0 euros per square meter and a growing number of rental contracts, Asturias is a noteworthy contender in the Spanish rental market. As this region continues to develop, prospective tenants can find comfort in the stability and relative affordability that Asturias has to offer.