Rental Prices in Zamora 2023

Rental price statistics in the province of Zamora - CASTILLA Y LEÓN

Ranking

#49 of 50 provinces

Variation 2023

+3.5%

Median rent (Collective housing)

4.42€/m²

Median amount/month

375.00€

Collective housing

2023

Median rent

4.42€/m²

Median amount

375.00€

Median area

91 m²

Contracts

5,025

25th percentile3.49€/m²
75th percentile5.67€/m²

Single-family housing

2023

Median rent

2.96€/m²

Median amount

323.79€

Median area

153 m²

Contracts

665

25th percentile2.00€/m²
75th percentile4.08€/m²

Historical rent evolution

Price evolution

Year€/m²€/monthContractsVariation
20113.71339.172,892-
20123.72333.332,842+0.3%
20133.65326.582,896-1.9%
20143.61320.003,058-1.1%
20153.56312.273,230-1.4%
20163.68320.003,450+3.4%
20173.73325.003,692+1.4%
20183.81330.003,854+2.1%
20194.01350.004,185+5.2%
20204.05350.004,417+1%
20214.17350.004,548+3%
20224.27360.004,728+2.4%
20234.42375.005,025+3.5%

The rental housing market in Zamora, located in the autonomous community of Castilla y León, presents a unique landscape for both tenants and landlords. As of 2023, the average rent in Zamora stands at an affordable 3.0 €/m², leading to an average monthly rental price of approximately 323 euros. This pricing places Zamora at the 95th position out of 52 provinces in Spain, indicating that the province remains among the more economically accessible areas for renting compared to much of the country. Understanding these figures is crucial for potential tenants looking for housing in Zamora. The average rent of 3.0 €/m² is significantly lower than in larger urban centers such as Madrid or Barcelona, where rental prices can soar to more than double this amount. This affordability can be particularly appealing to students, young professionals, and families seeking a quieter lifestyle without the financial strain often associated with larger cities. The number of registered rental contracts in Zamora, which totals 665, reflects a steady demand for rental properties in the province. This figure, while modest compared to more populous areas, illustrates a stable rental market where both tenants and landlords can find a balance. For tenants, the relative stability suggests that there is enough supply to meet demand, potentially leading to more favorable negotiation conditions. When placed in the broader context of Castilla y León, Zamora's rental prices are competitive, though they do vary significantly across the region. Cities like Valladolid and León tend to have higher rental costs, which can push renters towards Zamora as a more budget-friendly alternative. This trend may also influence the demographic shifts in the province, as more individuals and families consider relocating to Zamora for its affordability and quality of life. Nationally, the rental market in Spain has seen fluctuations in recent years, with many urban areas experiencing rising rents due to increased demand. However, Zamora seems somewhat insulated from this trend, allowing it to maintain a more stable rental environment. For investors and landlords, this presents an opportunity to enter a market that, while modest in size, offers potential for growth without the volatility seen in larger cities. Overall, the rental housing market in Zamora is characterized by its affordability and stability, making it an attractive option for individuals and families looking to rent in a serene environment. As the province continues to evolve, it may see a gradual increase in interest, potentially leading to changes in rental prices and availability in the coming years. For those considering making Zamora their home, the current market conditions present a favorable scenario that combines reasonable costs with the charm of a less urbanized lifestyle.

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