Rental Prices in Ávila 2023

Rental price statistics in the province of Ávila - CASTILLA Y LEÓN

Ranking

#41 of 50 provinces

Variation 2023

+6.4%

Median rent (Collective housing)

5.00€/m²

Median amount/month

400.00€

Collective housing

2023

Median rent

5.00€/m²

Median amount

400.00€

Median area

85 m²

Contracts

6,107

25th percentile3.80€/m²
75th percentile6.33€/m²

Single-family housing

2023

Median rent

3.57€/m²

Median amount

360.00€

Median area

144 m²

Contracts

1,380

25th percentile2.45€/m²
75th percentile4.86€/m²

Historical rent evolution

Price evolution

Year€/m²€/monthContractsVariation
20114.26347.152,972-
20124.07325.002,961-4.5%
20133.83300.003,052-5.9%
20143.77300.003,278-1.6%
20153.72300.003,483-1.3%
20163.78300.003,688+1.6%
20173.83300.004,038+1.3%
20183.93310.004,434+2.6%
20194.22347.574,882+7.4%
20204.32350.005,094+2.4%
20214.48359.705,385+3.7%
20224.70377.855,667+4.9%
20235.00400.006,107+6.4%

The rental housing market in Ávila, a province in the autonomous community of Castilla y León, presents a unique landscape for both tenants and landlords. As of 2023, the average rent in Ávila stands at approximately 3.6 euros per square meter, translating to an average monthly rent of about 360 euros. These figures position Ávila at rank #83 among Spain’s 52 provinces in terms of rental price, indicating a relatively affordable housing market compared to many other regions in the country. For tenants in Ávila, the current average monthly rent is significantly lower than the national average, which hovers around 11.5 euros per square meter. This affordability can be particularly attractive for students, young professionals, and families looking to settle in a more tranquil environment while maintaining close proximity to larger urban centers. With registered rental contracts numbering around 1,380, the market is active, reflecting a steady demand for rental properties despite the lower price points. Comparatively, the regional context of Castilla y León shows that while Ávila offers some of the most economical rental options, cities such as Valladolid and León tend to have higher rental prices. This makes Ávila an appealing alternative for those who prioritize cost without sacrificing quality of life. The province's picturesque landscapes, historical significance, and slower pace of life draw many to consider it as a viable residential choice. Understanding the rental market dynamics in Ávila is crucial for potential tenants. The relatively low rental prices indicate less competition than in larger cities, which is advantageous for those searching for housing. However, it also emphasizes the importance of being proactive in the rental process, as available properties can still be snapped up quickly due to the limited supply of rental units in certain desirable areas. From an investment perspective, the current statistics suggest that Ávila could present opportunities for landlords and real estate investors. With a growing interest in the province due to its affordability and quality of life, investing in rental properties may yield favorable returns as demand continues to rise. Furthermore, as the region’s infrastructure and amenities improve, it is likely that rental prices may incrementally increase, making now an opportune time to enter the market. In conclusion, the rental housing market in Ávila reflects a blend of affordability and opportunity within the broader context of Castilla y León and Spain. For tenants, it offers a chance to live comfortably without the financial pressures often associated with larger urban areas. For investors, the current landscape signals potential growth and stability. As the market evolves, keeping an eye on these statistics and trends will be essential for making informed decisions in this charming province.

Source: State System of Housing Rental Price Reference (SERPAVI)