Rental Prices in Córdoba 2023

Rental price statistics in the province of Córdoba - ANDALUCÍA

Ranking

#24 of 50 provinces

Variation 2023

+3.7%

Median rent (Collective housing)

6.15€/m²

Median amount/month

462.48€

Collective housing

2023

Median rent

6.15€/m²

Median amount

462.48€

Median area

82 m²

Contracts

16,482

25th percentile4.49€/m²
75th percentile7.78€/m²

Single-family housing

2023

Median rent

3.30€/m²

Median amount

380.00€

Median area

146 m²

Contracts

2,264

25th percentile2.29€/m²
75th percentile4.78€/m²

Historical rent evolution

Price evolution

Year€/m²€/monthContractsVariation
20115.18400.228,463-
20125.15400.008,662-0.6%
20134.96395.838,757-3.7%
20144.92385.839,415-0.8%
20154.89380.0010,280-0.6%
20164.97390.5011,169+1.6%
20175.05400.0011,989+1.6%
20185.14400.0012,891+1.8%
20195.56425.0013,485+8.2%
20205.59429.0014,349+0.5%
20215.74447.3015,058+2.7%
20225.93450.0015,498+3.3%
20236.15462.4816,482+3.7%

The rental housing market in Córdoba, a province in the autonomous community of Andalucía, presents a compelling overview of the current real estate landscape in 2023. With an average rent of 3.3 euros per square meter, the province ranks as the 89th of 52 provinces in Spain in terms of rental prices. This statistic highlights Córdoba's relatively affordable housing options compared to other areas, making it an attractive location for both residents and investors. As of this year, the average monthly rent in Córdoba stands at approximately 380 euros. This figure reflects not only the economic conditions within the province but also the demand for rental properties. Compared to major cities in Spain, where average rents can soar to over 15 euros per square meter, Córdoba's rental market remains accessible. This affordability can be particularly advantageous for young professionals, families, and students seeking quality housing without the financial pressure experienced in larger urban centers. In 2023, there were 2,264 registered rental contracts in Córdoba, indicating a moderate level of activity in the rental market. This number suggests a stable demand for rental properties, which is essential for maintaining a balanced market. The data also underscores the importance of understanding tenant needs and preferences, especially in a province where traditional culture and modern amenities coexist. When comparing Córdoba's rental market to the broader Andalusian context, it becomes evident that while cities like Seville and Málaga often dominate the headlines with higher rental prices, Córdoba offers a unique alternative. The province’s rich history, cultural offerings, and lower cost of living are appealing factors that contribute to its growing rental market. Additionally, the city’s strategic location, with convenient access to major transport links, enhances its attractiveness for potential tenants. From a national perspective, Córdoba's rental prices reflect a trend where many smaller cities across Spain are experiencing a surge in interest as remote working becomes more prevalent. As people reassess their living situations post-pandemic, locations that offer both affordability and quality of life, such as Córdoba, are witnessing increased demand. This shift can lead to a more competitive rental market in the coming years, offering both opportunities and challenges for landlords and tenants alike. In conclusion, the rental housing market in Córdoba stands out for its combination of affordability and cultural richness. With an average rent of 3.3 euros per square meter and a growing number of rental contracts, the province is well-positioned to attract a diverse range of tenants. As the market continues to evolve, stakeholders should keep a close eye on emerging trends and shifts in tenant preferences to navigate the dynamic landscape effectively.

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