Rental Prices in Huesca 2023
Rental price statistics in the province of Huesca - ARAGÓN
Ranking
#33 of 50 provinces
Variation 2023
+4.3%
Median rent (Collective housing)
5.64€/m²
Median amount/month
441.80€
Collective housing
2023
Median rent
5.64€/m²
Median amount
441.80€
Median area
80 m²
Contracts
11,914
Single-family housing
2023
Median rent
3.44€/m²
Median amount
379.02€
Median area
182 m²
Contracts
1,524
Historical rent evolution
Price evolution
| Year | €/m² | €/month | Contracts | Variation |
|---|---|---|---|---|
| 2011 | 4.62 | 369.16 | 6,462 | - |
| 2012 | 4.43 | 355.00 | 6,620 | -4.1% |
| 2013 | 4.29 | 350.00 | 6,736 | -3.2% |
| 2014 | 4.25 | 343.08 | 7,064 | -0.9% |
| 2015 | 4.24 | 340.00 | 7,653 | -0.2% |
| 2016 | 4.30 | 350.00 | 8,076 | +1.4% |
| 2017 | 4.36 | 350.00 | 8,622 | +1.4% |
| 2018 | 4.49 | 350.00 | 9,291 | +3% |
| 2019 | 4.85 | 378.00 | 10,006 | +8% |
| 2020 | 5.00 | 399.99 | 10,545 | +3.1% |
| 2021 | 5.18 | 400.00 | 11,017 | +3.6% |
| 2022 | 5.41 | 420.00 | 11,392 | +4.4% |
| 2023 | 5.64 | 441.80 | 11,914 | +4.3% |
In 2024, the average rental price in Huesca province reached €8.50 per square meter, marking a significant increase of 12% compared to the previous year. This sharp rise in rental costs has become a critical concern for residents and potential tenants alike, highlighting the escalating demand for housing in this picturesque region of Spain. As urbanization and population growth continue to exert pressure on the housing market, understanding these trends is vital for both current and prospective renters.
Historically, Huesca has seen fluctuating rental prices, but the current figures place it among the top provinces in Aragon, second only to Zaragoza. In comparison, the average rental price in other European regions, such as the French Pyrenees, stands at €9.20 per square meter, illustrating a competitive landscape for mountain regions. Furthermore, when we compare Huesca to the Spanish average of €11.40, it becomes evident that while Huesca remains more affordable, the rapid increase signals a shift that could soon close that gap.
Diving deeper into the regional disparities within Huesca, the city of Huesca has an average rental price of €10.00 per square meter, while smaller towns like Jaca report lower figures around €7.00. In contrast, areas like Monzón and Fraga see prices hovering around €8.00, reflecting their strategic importance as growing urban centers. Seasonal fluctuations also play a role; during summer months, tourist demand temporarily inflates rents in popular areas, with increases of up to 20% reported in some locales.
Several factors contribute to these rental trends in Huesca. Economic growth in the region, spurred by tourism and agricultural industries, has attracted more residents looking for rental housing. Additionally, demographic shifts, such as a younger population seeking urban living, have intensified competition for available units. Political decisions regarding housing regulations and urban planning also have significant impacts, as local governments strive to balance development with community needs.
The real impact of rising rental prices on citizens is multifaceted. For many families, this may mean tighter budgets and difficult choices regarding housing. Young professionals, in particular, may find themselves priced out of desirable neighborhoods, forcing them to consider longer commutes or less convenient locations. Moreover, local businesses may feel the effects as disposable income decreases, impacting overall economic vitality in the area.
Given these trends, it is crucial for potential renters to approach their housing search with strategic insight. Conducting thorough research on local rental markets can reveal hidden opportunities, such as less popular neighborhoods that may offer better prices. Engaging with local real estate agents who understand the nuances of Huesca’s fluctuating market can also provide invaluable guidance.
Looking ahead, the rental market in Huesca is expected to continue its upward trajectory, albeit at a more moderate pace. Predictions suggest an average increase of around 5-7% annually over the next five years, driven by ongoing demand and limited housing supply. This means that prospective renters should act sooner rather than later, as waiting may result in higher costs down the line.
In conclusion, understanding the rental market in Huesca province is essential for anyone considering a move to this vibrant region. By staying informed about current trends and making strategic decisions, renters can navigate this evolving landscape effectively.