Rental Prices in Castellón/Castelló 2023
Rental price statistics in the province of Castellón/Castelló - COMUNITAT VALENCIANA
Ranking
#45 of 50 provinces
Variation 2023
+7.3%
Median rent (Collective housing)
4.82€/m²
Median amount/month
400.00€
Collective housing
2023
Median rent
4.82€/m²
Median amount
400.00€
Median area
90 m²
Contracts
28,467
Single-family housing
2023
Median rent
3.73€/m²
Median amount
400.00€
Median area
152 m²
Contracts
4,608
Historical rent evolution
Price evolution
| Year | €/m² | €/month | Contracts | Variation |
|---|---|---|---|---|
| 2011 | 3.85 | 340.19 | 11,769 | - |
| 2012 | 3.70 | 320.83 | 12,451 | -3.9% |
| 2013 | 3.48 | 300.00 | 13,298 | -5.9% |
| 2014 | 3.39 | 300.00 | 14,599 | -2.6% |
| 2015 | 3.37 | 300.00 | 15,964 | -0.6% |
| 2016 | 3.41 | 300.00 | 17,456 | +1.2% |
| 2017 | 3.51 | 300.00 | 19,092 | +2.9% |
| 2018 | 3.62 | 305.00 | 20,645 | +3.1% |
| 2019 | 3.93 | 347.68 | 22,549 | +8.6% |
| 2020 | 4.08 | 350.00 | 23,941 | +3.8% |
| 2021 | 4.26 | 360.00 | 25,364 | +4.4% |
| 2022 | 4.49 | 385.98 | 26,544 | +5.4% |
| 2023 | 4.82 | 400.00 | 28,467 | +7.3% |
The rental housing market in the province of Castellón, part of the Comunitat Valenciana, is currently exhibiting noteworthy trends that reflect both local dynamics and broader national patterns. As of 2023, the average rent in Castellón stands at 3.7 euros per square meter, culminating in an average monthly rent of approximately 400 euros. This pricing positions Castellón at 79th in the ranking of 52 provinces in Spain, indicating a relatively affordable rental market when compared to other regions. For tenants in Castellón, the average rent presents a favorable opportunity, particularly when juxtaposed with the national average, which often exceeds this figure. The affordability of rental properties in Castellón can be attributed to various factors, including the province's less urbanized environment and the economic activities that predominantly revolve around agriculture and tourism. This affordability is a significant draw for both locals and newcomers seeking a balanced lifestyle amidst natural beauty and cultural richness. In terms of market activity, Castellón has recorded 4,608 registered rental contracts in the past year. This figure suggests a stable demand for rental housing, indicative of a consistent population seeking to either relocate or invest in the province. This level of activity is particularly relevant when considering the demographic shifts and migration trends seen across Spain, where urban centers are often saturated and rental prices are significantly higher. When comparing Castellón to the broader Valencian community, it becomes evident that while cities such as Valencia and Alicante command higher rental prices, Castellón offers a more appealing option for tenants looking for affordability without compromising on quality of life. The province’s rental prices are reasonable, especially for those looking to escape the hustle and bustle of bigger cities, while still enjoying access to essential services and amenities. As we look to the future, the rental market in Castellón appears poised for growth. With its strategic location along the Mediterranean coast and ongoing investments in infrastructure and tourism, the province is likely to attract more residents and, consequently, more rental demand. However, potential tenants should remain vigilant, as increased interest could lead to gradual rent hikes. In summary, Castellón's rental housing market stands out for its affordability and stable demand. With an average rent of 3.7 euros per square meter and a healthy number of rental contracts registered, it provides tenants with opportunities that are hard to find in more urbanized areas of Spain. As the province grows and evolves, it will be interesting to observe how these dynamics shift, potentially influencing rental prices and availability in the years to come.