Rental Prices in Zaragoza 2023
Rental price statistics in the province of Zaragoza - ARAGÓN
Ranking
#14 of 50 provinces
Variation 2023
+4.7%
Median rent (Collective housing)
7.11€/m²
Median amount/month
500.00€
Collective housing
2023
Median rent
7.11€/m²
Median amount
500.00€
Median area
73 m²
Contracts
60,772
Single-family housing
2023
Median rent
3.88€/m²
Median amount
448.25€
Median area
172 m²
Contracts
4,649
Historical rent evolution
Price evolution
| Year | €/m² | €/month | Contracts | Variation |
|---|---|---|---|---|
| 2011 | 6.18 | 450.00 | 34,046 | - |
| 2012 | 5.98 | 425.63 | 35,078 | -3.2% |
| 2013 | 5.65 | 400.00 | 36,096 | -5.5% |
| 2014 | 5.50 | 400.00 | 38,036 | -2.7% |
| 2015 | 5.45 | 394.59 | 40,198 | -0.9% |
| 2016 | 5.51 | 400.00 | 43,024 | +1.1% |
| 2017 | 5.60 | 400.00 | 46,078 | +1.6% |
| 2018 | 5.77 | 400.00 | 49,390 | +3% |
| 2019 | 6.16 | 435.00 | 52,260 | +6.8% |
| 2020 | 6.33 | 450.00 | 54,680 | +2.8% |
| 2021 | 6.52 | 453.73 | 56,774 | +3% |
| 2022 | 6.79 | 480.00 | 58,121 | +4.1% |
| 2023 | 7.11 | 500.00 | 60,772 | +4.7% |
The rental housing market in the province of Zaragoza, located in the autonomous community of Aragón, has shown notable trends and figures in 2023 that are important for current and prospective tenants. With an average rent of 3.9 euros per square meter, Zaragoza ranks relatively low in terms of rental prices compared to other provinces in Spain, coming in at #75 out of 52 provinces in terms of price ranking. This indicates a more affordable rental market, particularly when considering the average monthly rent of 448 euros. For tenants, these statistics present a mixed bag of opportunities and challenges. The average monthly rent of 448 euros suggests that Zaragoza offers more budget-friendly options compared to larger metropolitan areas like Madrid and Barcelona, where rental prices have skyrocketed in recent years. In contrast, the average rent in Zaragoza makes it an appealing choice for individuals and families seeking affordable housing without compromising on the quality of life. In the context of Aragón, Zaragoza's rental market is quite competitive, especially when compared to neighboring provinces. While the overall rental landscape in Aragón has seen moderate increases, Zaragoza's relatively stable prices provide a cushion for tenants. The province has registered a total of 4,649 rental contracts, showcasing a robust demand for rental housing. This figure reflects a healthy rental market that is capable of accommodating newcomers and long-term residents alike. When we compare Zaragoza to the national average, it becomes evident that the province stands out as a more accessible option. Spain's overall average rent is higher, with many cities experiencing significant inflation in rental prices. The affordability in Zaragoza can be attributed to various factors, including a balanced supply and demand, as well as economic conditions that have not yet pushed prices to the extremes seen in other regions. Looking ahead, the rental market in Zaragoza is expected to evolve, influenced by broader economic trends and demographic shifts. With the ongoing urban development and improvements in infrastructure, the province is poised to attract more residents, which could gradually impact rental prices. However, for now, Zaragoza remains an attractive destination for renters seeking affordability and quality living conditions. In summary, the rental housing market in Zaragoza offers valuable insights for tenants. With an average rent of 3.9 euros per square meter and a monthly average of 448 euros, the province presents a favorable environment for renting. As the market continues to develop, potential tenants can benefit from the current pricing dynamics while keeping an eye on future trends that may influence their rental experience.