Rental Prices in Badajoz 2023
Rental price statistics in the province of Badajoz - EXTREMADURA
Ranking
#44 of 50 provinces
Variation 2023
+4.7%
Median rent (Collective housing)
4.90€/m²
Median amount/month
400.00€
Collective housing
2023
Median rent
4.90€/m²
Median amount
400.00€
Median area
91 m²
Contracts
15,065
Single-family housing
2023
Median rent
2.83€/m²
Median amount
300.00€
Median area
156 m²
Contracts
3,096
Historical rent evolution
Price evolution
| Year | €/m² | €/month | Contracts | Variation |
|---|---|---|---|---|
| 2011 | 4.11 | 350.00 | 6,667 | - |
| 2012 | 4.06 | 350.00 | 6,906 | -1.2% |
| 2013 | 4.00 | 348.41 | 7,075 | -1.5% |
| 2014 | 3.90 | 337.50 | 7,712 | -2.5% |
| 2015 | 3.85 | 332.73 | 8,721 | -1.3% |
| 2016 | 3.95 | 345.89 | 9,520 | +2.6% |
| 2017 | 4.00 | 350.00 | 10,360 | +1.3% |
| 2018 | 4.07 | 350.00 | 11,057 | +1.8% |
| 2019 | 4.30 | 360.69 | 12,130 | +5.7% |
| 2020 | 4.39 | 375.00 | 12,702 | +2.1% |
| 2021 | 4.51 | 380.00 | 13,411 | +2.7% |
| 2022 | 4.68 | 400.00 | 14,123 | +3.8% |
| 2023 | 4.90 | 400.00 | 15,065 | +4.7% |
The rental housing market in the province of Badajoz, located in the autonomous community of Extremadura, presents a unique landscape in 2023. With an average rent of 2.8 euros per square meter, the province stands out as one of the more affordable regions in Spain for those seeking rental accommodations. In terms of monthly costs, tenants can expect to pay around 300 euros, a figure that reflects both the economical nature of Badajoz and its position within the broader national rental context. When examining the number of registered rental contracts, Badajoz has recorded 3,096 agreements, indicating a steady demand for rental properties despite the province's relatively lower price ranking. In the national context, Badajoz ranks #97 out of 52 provinces for rental prices, which highlights its affordability compared to many other areas in Spain. This ranking positions it as an attractive option for individuals and families looking for budget-friendly housing solutions, especially when juxtaposed with larger cities where rental prices can soar significantly. The province's rental market is particularly appealing for young professionals, students, and families who may be seeking a more sustainable cost of living. The average rent in Badajoz is significantly lower than in major urban centers like Madrid or Barcelona, where rates can exceed 15 euros per square meter. This affordability not only makes Badajoz an enticing destination for those moving from more expensive areas but also fosters a stable rental environment that can contribute to community growth. Moreover, the local economy in Badajoz has been gradually improving, which could lead to further interest in rental properties as job opportunities increase. The provincial government has been proactive in promoting regional development, which often correlates with a rise in rental market activity. As more industries establish themselves in the region, the demand for rental housing is likely to increase, potentially leading to slight upward pressure on rents, although the market is expected to remain competitive. In conclusion, the rental housing market in Badajoz offers an attractive proposition characterized by low prices relative to national averages. With a substantial number of registered rental contracts and a stable demand for housing, Badajoz is poised to remain a favorable option for tenants seeking affordability. The combination of economic development initiatives and the province's inherent cost advantages positions it well within the broader rental landscape, making it a noteworthy consideration for both current and prospective tenants in Spain.