Rental Prices in Cantabria 2023
Rental price statistics in the province of Cantabria - CANTABRIA
Ranking
#16 of 50 provinces
Variation 2023
+4.7%
Median rent (Collective housing)
6.85€/m²
Median amount/month
500.00€
Collective housing
2023
Median rent
6.85€/m²
Median amount
500.00€
Median area
76 m²
Contracts
26,170
Single-family housing
2023
Median rent
4.95€/m²
Median amount
510.00€
Median area
158 m²
Contracts
2,807
Historical rent evolution
Price evolution
| Year | €/m² | €/month | Contracts | Variation |
|---|---|---|---|---|
| 2011 | 5.90 | 442.38 | 12,210 | - |
| 2012 | 5.80 | 430.01 | 12,836 | -1.7% |
| 2013 | 5.56 | 405.56 | 13,250 | -4.1% |
| 2014 | 5.46 | 400.00 | 14,121 | -1.8% |
| 2015 | 5.38 | 400.00 | 15,739 | -1.5% |
| 2016 | 5.48 | 400.00 | 17,309 | +1.9% |
| 2017 | 5.56 | 400.00 | 18,815 | +1.5% |
| 2018 | 5.67 | 410.17 | 20,199 | +2% |
| 2019 | 6.00 | 447.72 | 21,960 | +5.8% |
| 2020 | 6.13 | 450.00 | 23,030 | +2.2% |
| 2021 | 6.32 | 452.96 | 24,076 | +3.1% |
| 2022 | 6.54 | 479.86 | 24,869 | +3.5% |
| 2023 | 6.85 | 500.00 | 26,170 | +4.7% |
The rental housing market in Cantabria is characterized by its unique dynamics, reflecting both local economic conditions and broader trends observed across Spain. As of 2023, the average rent in the province stands at 5.0 €/m², which translates to an average monthly rental cost of around 510 euros. This pricing places Cantabria at position #56 among the 52 provinces in Spain, indicating a relatively affordable rental market compared to many urban centers in the country. For tenants considering moving to or residing in Cantabria, these figures suggest a more accessible rental landscape than in larger cities such as Madrid or Barcelona, where prices can soar to over 15 €/m². The affordability of housing in Cantabria may appeal to families, students, and professionals alike, particularly those seeking a more tranquil lifestyle without sacrificing urban amenities. The total number of registered rental contracts in the province reached 2,807, reflecting a steady demand for rental housing. This figure highlights the ongoing interest in Cantabria as a desirable location, particularly for those seeking both short-term and long-term rental options. The province's natural beauty, combined with its cultural heritage and quality of life, continues to attract both local and external tenants, contributing to a stable rental market. When comparing Cantabria’s rental prices with the national averages, it is evident that the province offers a more favorable scenario for renters. Nationally, average rents have surged in recent years, often exceeding 10 €/m² in major urban areas. In contrast, Cantabria’s average rental price provides an attractive option for those looking to escape the high costs of metropolitan living. Furthermore, the rental market in Cantabria is influenced by various factors, including the region's economy, demographics, and seasonal tourism trends. The presence of stunning landscapes, such as the Picos de Europa and coastal areas, not only enhances the quality of life but also drives interest in rental properties from tourists and seasonal visitors. This can lead to increased competition for rental units during peak seasons, although the overall market remains balanced throughout the year. Looking ahead, the rental market in Cantabria is expected to evolve, influenced by both local policies and broader economic conditions. With the rise of remote work, many individuals are prioritizing lifestyle and affordability over proximity to major business hubs. This trend may further increase the appeal of Cantabria as an attractive location for renters seeking a better work-life balance. In summary, the rental housing market in Cantabria presents a viable option for tenants looking for affordable living in a beautiful setting. With an average rent of 5.0 €/m² and a steady number of registered contracts, the province continues to stand out as a favorable alternative within the Spanish rental landscape. As the market evolves, it will be crucial for potential tenants to stay informed about upcoming trends and shifts that may impact their housing choices in this picturesque region.