Rental Prices in Ciudad Real 2023

Rental price statistics in the province of Ciudad Real - CASTILLA - LA MANCHA

Ranking

#46 of 50 provinces

Variation 2023

+3.9%

Median rent (Collective housing)

4.81€/m²

Median amount/month

371.39€

Collective housing

2023

Median rent

4.81€/m²

Median amount

371.39€

Median area

84 m²

Contracts

11,728

25th percentile3.78€/m²
75th percentile6.06€/m²

Single-family housing

2023

Median rent

2.74€/m²

Median amount

339.00€

Median area

167 m²

Contracts

2,531

25th percentile1.89€/m²
75th percentile3.80€/m²

Historical rent evolution

Price evolution

Year€/m²€/monthContractsVariation
20114.51350.005,209-
20124.36345.065,318-3.3%
20134.12322.155,492-5.5%
20144.00300.005,755-2.9%
20153.91300.006,304-2.2%
20163.92300.006,895+0.3%
20173.95300.007,612+0.8%
20184.01300.688,197+1.5%
20194.27330.009,071+6.5%
20204.38340.059,810+2.6%
20214.49350.0010,331+2.5%
20224.63350.6110,834+3.1%
20234.81371.3911,728+3.9%

The rental housing market in Ciudad Real, located in the autonomous community of Castilla-La Mancha, reveals a unique landscape that reflects both local dynamics and broader national trends. As of 2023, the average rent in this province stands at 2.7 euros per square meter, translating to an average monthly rent of approximately 339 euros. This pricing positions Ciudad Real at the 100th rank among the 52 provinces in Spain, indicating a relatively affordable rental market compared to many urban areas in the country. For tenants, this affordability can be a significant advantage, particularly for those looking to settle in a province that combines historical charm with modern amenities. The lower rental prices in Ciudad Real make it an attractive option for families, students, and professionals seeking a balance between cost and quality of life. With 2,531 registered rental contracts, the demand in the rental market suggests a steady interest in housing options, highlighting the province's desirability. When compared to regional and national averages, Ciudad Real's rental prices are notably lower. In contrast, major cities like Madrid and Barcelona report average rents that are substantially higher, often exceeding 15 euros per square meter. This disparity emphasizes the value that Ciudad Real offers to potential tenants, allowing them to enjoy a more spacious living environment without the financial strain commonly associated with larger metropolitan areas. The rental market in Ciudad Real is influenced by several factors, including the province's economic conditions and demographic trends. The region has seen a gradual population increase, which can drive demand for rental properties. Additionally, the province's educational institutions contribute to a transient population of students and young professionals, further supporting the rental sector. Looking ahead, there are several trends that could impact the rental housing market in Ciudad Real. As remote work continues to gain traction, more individuals may seek residences in less densely populated areas, boosting demand in Ciudad Real. Furthermore, the ongoing development of infrastructure and local amenities could enhance the attractiveness of the province, potentially leading to a gradual increase in rental prices. Overall, the rental housing market in Ciudad Real presents an appealing opportunity for tenants seeking affordability without sacrificing quality of life. With its competitive rental rates, the province stands out as a viable option within the broader Spanish rental landscape, catering to a diverse range of housing needs.

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