Authored by the expert who managed and guided the team behind the Spain Property Pack
Yes, the analysis of Valencia's property market is included in our pack
If you're thinking about buying a rental apartment in Valencia, you're probably wondering what kind of return you can actually expect on your investment.
This article breaks down the real numbers on rental yields in Valencia, from gross and net returns to neighborhood comparisons and the costs that eat into your profits.
We constantly update this blog post with the latest data so you always have fresh information at your fingertips.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Valencia.
What rental yields can I realistically get from an apartment in Valencia?
What's the average gross rental yield for apartments in Valencia as of 2026?
As of early 2026, the average gross rental yield for apartments in Valencia city sits at around 5.8%, which means for every euro you invest in property, you can expect roughly 5.8 cents back in annual rent before expenses.
In practice, most apartment investments in Valencia fall within a 5.5% to 6.5% gross yield range, depending on the specific property and location you choose.
The main factor that causes yields to vary in Valencia is the gap between the historic center and the surrounding districts, because prime areas like L'Eixample and Ciutat Vella command higher purchase prices that often outpace rent increases, while neighborhoods like Benimaclet benefit from strong student demand keeping rents high relative to more affordable property prices.
Compared to other major Spanish cities, Valencia's gross yields are notably higher than Madrid (around 4.5% to 5%) and Barcelona (around 4% to 4.8%), making it one of the most attractive cities in Spain for buy-to-let investors looking for better cash flow.
What's the average net rental yield for apartments in Valencia as of 2026?
As of early 2026, the average net rental yield for apartments in Valencia typically lands between 3.5% and 4.5% before income tax, which drops to around 2.7% to 3.8% after accounting for non-resident income tax if you're a foreign owner.
Most apartment investors in Valencia can realistically expect net yields in the 3% to 4% range after all operating costs, though this depends heavily on whether you self-manage or hire a property manager.
The single biggest expense that reduces your gross yield in Valencia is the non-resident income tax (called IRNR), which charges 19% for EU residents or 24% for non-EU owners on your taxable rental income, and this tax alone can shave 1 to 1.5 percentage points off your return.
By the way, you will find much more detailed data in our property pack covering the real estate market in Valencia.
What's the typical rent-to-price ratio for apartments in Valencia in 2026?
As of early 2026, the typical rent-to-price ratio for apartments in Valencia is around 0.49% per month, which means monthly rent equals roughly half a percent of the purchase price.
Most apartment transactions in Valencia show rent-to-price ratios ranging from 0.45% to 0.55% monthly, with the variation depending on neighborhood and property condition.
Apartments in neighborhoods like Benimaclet, Camins al Grau, and parts of Quatre Carreres tend to have the highest rent-to-price ratios in Valencia because purchase prices remain more affordable there while strong demand from students and young professionals keeps rents competitive with pricier central districts.
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How much rent can I charge for an apartment in Valencia?
What's the typical tenant budget range for apartments in Valencia right now?
The typical monthly tenant budget for renting an apartment in Valencia ranges from around 700 euros to 1,500 euros (approximately $820 to $1,760 USD), covering most of the market from entry-level to comfortable mid-range options.
Tenants targeting mid-range apartments in Valencia generally budget between 1,000 and 1,500 euros per month ($1,170 to $1,760 USD), which gets you a decent two-bedroom in a well-connected neighborhood with a lift and basic amenities.
For high-end or luxury apartments in Valencia, tenant budgets typically start at 1,500 euros and can reach 2,200 euros or more per month ($1,760 to $2,580+ USD), especially for renovated units in prime areas like Eixample, near the beach, or close to the City of Arts and Sciences.
We have a blog article where we update the latest data about rents in Valencia here.
What's the average monthly rent for a 1-bed apartment in Valencia as of 2026?
As of early 2026, the average monthly rent for a 1-bed apartment in Valencia is around 750 to 900 euros ($880 to $1,055 USD), based on typical apartment sizes of 45 to 55 square meters at current market rates.
Entry-level 1-bed apartments in Valencia rent for around 650 to 750 euros per month ($760 to $880 USD), and these are typically older units in outer neighborhoods like Patraix or Jesús, often without a lift or air conditioning.
A mid-range 1-bed in Valencia costs between 800 and 1,000 euros monthly ($940 to $1,170 USD), usually offering air conditioning, a lift, and a location in neighborhoods like Extramurs or parts of Camins al Grau with good metro access.
Luxury 1-bed apartments in Valencia command 1,000 to 1,200 euros or more per month ($1,170 to $1,410+ USD), featuring renovated interiors, modern finishes, and prime locations in Ruzafa, Ciutat Vella, or near the Malvarrosa beach area.
What's the average monthly rent for a 2-bed apartment in Valencia as of 2026?
As of early 2026, the average monthly rent for a 2-bed apartment in Valencia falls between 1,050 and 1,300 euros ($1,230 to $1,525 USD), based on typical sizes of 65 to 80 square meters.
Entry-level 2-bed apartments in Valencia rent for around 900 to 1,100 euros monthly ($1,055 to $1,290 USD), typically located in neighborhoods like Benicalap or Campanar, often in older buildings without premium amenities but with decent transport links.
Mid-range 2-bed units cost between 1,100 and 1,400 euros per month ($1,290 to $1,640 USD) in Valencia, usually featuring a lift, air conditioning, and good natural light in sought-after areas like El Pla del Real or Benimaclet.
High-end 2-bed apartments in Valencia reach 1,400 to 1,800 euros monthly ($1,640 to $2,110 USD), offering renovated kitchens and bathrooms, terraces, and locations in L'Eixample, the Ruzafa neighborhood, or near the Turia gardens.
What's the average monthly rent for a 3-bed apartment in Valencia as of 2026?
As of early 2026, the average monthly rent for a 3-bed apartment in Valencia ranges from 1,350 to 1,670 euros ($1,580 to $1,960 USD), calculated from typical sizes of 85 to 105 square meters.
Entry-level 3-bed apartments in Valencia rent for around 1,200 to 1,400 euros monthly ($1,410 to $1,640 USD), often found in residential neighborhoods like Quatre Carreres or Poblats del Nord, with basic finishes but generous space for families or sharers.
Mid-range 3-bed units cost between 1,400 and 1,800 euros per month ($1,640 to $2,110 USD) in Valencia, typically offering a lift, storage room, and location in family-friendly areas like El Pla del Real or near major parks.
Luxury 3-bed apartments in Valencia command 1,800 to 2,400 euros or more monthly ($2,110 to $2,815+ USD), featuring high-end renovations, multiple bathrooms, and prime positions in Eixample, near the City of Arts and Sciences, or in beach-adjacent Poblats Marítims.
How fast do well-priced apartments get rented in Valencia?
A well-priced apartment in Valencia typically rents within 1 to 3 weeks, while average properties take around 3 to 6 weeks, and overpriced or poorly presented units can sit on the market for 2 months or longer.
Valencia's rental vacancy rate remains low due to strong demand pressure, with industry reports indicating a meaningful drop in available rental stock over recent years while the number of people searching for rentals has increased.
The main factors that make apartments rent faster in Valencia are air conditioning (essential for the hot summers), having a lift in buildings above the second floor, and location along metro or tram lines that connect to the university campuses, the beach, or the city center.
And if you want to know what should be the right price, check our latest update on how much an apartment should cost in Valencia.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Spain versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
Which apartment type gives the best yield in Valencia?
Which is better for yield between studios, 1-bed, 2-bed and 3-bed apartments in Valencia as of 2026?
As of early 2026, studios and 1-bed apartments typically offer the highest gross rental yields in Valencia, followed closely by 2-beds, while 3-bed units generally produce lower yields per euro invested.
In Valencia, studios and 1-beds can achieve gross yields around 6% to 7%, 2-beds typically hit 5.5% to 6.5%, and 3-beds often fall between 5% and 5.5%, though exact figures depend on location and condition.
The main reason smaller units outperform in Valencia is the city's large population of university students and young professionals who prioritize affordable rent over space, creating strong demand that keeps rents high relative to the lower purchase prices of compact apartments.
Which features are best if you want a good yield for your apartment in Valencia?
The features that most positively impact rental yield in Valencia are air conditioning (non-negotiable given summers that regularly exceed 30°C), a lift in any building above the second floor, and proximity to metro or tram stops that connect to the universities, beach, or city center.
Upper floors with exterior orientation rent fastest in Valencia because they offer better natural light and ventilation, while ground floors and interior-facing units often sit longer on the market unless significantly discounted.
Apartments with balconies or terraces in Valencia do command higher rents and rent faster, especially in the maritime districts and central neighborhoods where outdoor space is prized for the Mediterranean lifestyle.
Building features like lifts are essential in Valencia and justify higher community charges, but premium amenities like pools or concierge services rarely generate enough extra rent to offset the 150 to 250 euros in monthly service fees they add.
Don't buy the wrong property, in the wrong area of Valencia
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Which neighborhoods give the best rental demand for apartments in Valencia?
Which neighborhoods have the highest rental demand for apartments in Valencia as of 2026?
As of early 2026, the neighborhoods with the highest rental demand for apartments in Valencia include L'Eixample (especially Ruzafa), Ciutat Vella, Benimaclet, El Pla del Real, Camins al Grau, and the Poblats Marítims beach districts like Cabanyal.
The main demand driver in these Valencia neighborhoods is the unique combination of three rental magnets: the historic center attracts expats and young professionals, the university corridor (running through Benimaclet and El Pla del Real) draws students, and the beach axis pulls tourists and lifestyle renters seeking Mediterranean living.
In these high-demand Valencia neighborhoods, well-priced apartments typically rent within 1 to 2 weeks, with vacancy between tenants often lasting just days in the most sought-after buildings.
One emerging neighborhood gaining rental demand momentum in Valencia is Quatre Carreres, benefiting from the expansion of the City of Arts and Sciences area and improving metro connections while still offering lower entry prices than the established hot spots.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Valencia.
Which neighborhoods have the highest yields for apartments in Valencia as of 2026?
As of early 2026, the neighborhoods with the highest rental yields for apartments in Valencia include Benimaclet, parts of Camins al Grau, Quatre Carreres, and sections of Poblats Marítims that haven't yet seen full price appreciation.
These top-yielding Valencia neighborhoods typically deliver gross yields between 6% and 7.5%, compared to 5% to 5.5% in prime but expensive areas like central Eixample or renovated Ciutat Vella properties.
The main reason these neighborhoods offer higher yields is that purchase prices have lagged behind the rent increases driven by demand spillover from pricier central districts, creating a window where investors can still buy relatively affordably while charging competitive rents to students and young workers priced out of the core.
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Spain. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
Should I do long-term rental or short-term rental in Valencia?
Is short-term rental legal for apartments in Valencia as of 2026?
As of early 2026, short-term rental is legal for apartments in Valencia, but only if you comply with both national Spanish regulations and regional Valencian Community rules, which means registration and reporting are mandatory.
The main legal requirements for operating a short-term rental apartment in Valencia include registering your property as a tourist-use dwelling (vivienda de uso turístico) with the Generalitat Valenciana and complying with Spain's new national single registry system that requires reporting guest data to authorities.
For Airbnb-style rentals in Valencia, you must complete the official registration procedure through the Generalitat Valenciana, provide your property's cadastral reference, and meet updated requirements introduced by Decree-law 9/2024, with non-compliance potentially resulting in fines.
By the way, we also have a blog article detailing whether owning an Airbnb rental is profitable in Valencia.
What's the gross yield difference short-term vs long-term in Valencia in 2026?
As of early 2026, short-term rentals in Valencia can generate around 7% to 8% gross yield compared to roughly 5.5% to 6.5% for long-term rentals, representing a potential uplift of 1.5 to 3 percentage points on the gross side.
Long-term rentals in Valencia typically yield around 5.8% gross, while short-term rentals can hit 7% to 7.5% gross based on average occupancy around 62% and nightly rates near 100 to 110 euros.
However, the main additional costs that reduce the net yield advantage of short-term rentals in Valencia include cleaning fees between guests, higher utility bills paid by the owner, platform commissions (typically 3% to 15%), furnishing wear and replacement, and guest management time or property management fees that can reach 15% to 25% of revenue.
To consistently outperform a long-term rental in Valencia, a short-term rental needs to maintain occupancy above 55% to 60%, because below that threshold the higher operating costs eat up the revenue advantage and you end up with similar or worse net returns.
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What costs will eat into my net yield for an apartment in Valencia?
What are building service charges as a % of rent in Valencia as of 2026?
As of early 2026, typical building service charges (comunidad fees) for apartments in Valencia run between 5% and 12% of monthly rent, or roughly 50 to 150 euros per month ($60 to $175 USD) for most standard buildings.
The realistic range of building service charges in Valencia spans from around 50 euros monthly ($60 USD) for basic older blocks without lifts, up to 200 to 250 euros ($235 to $295 USD) for buildings with pools, concierge services, or extensive common areas.
In Valencia, the services that typically justify higher-than-average charges include maintaining older hydraulic lifts (which are common in mid-century buildings), heating communal water systems found in some traditional constructions, and funding the "derrama" special assessments for facade renovations that Valencia's older housing stock frequently requires.
What annual maintenance budget should I assume for an apartment in Valencia right now?
A typical annual maintenance budget for an apartment in Valencia should be around 1,000 to 2,000 euros ($1,170 to $2,350 USD), which represents roughly 0.5% to 1% of the property's value.
The realistic range of annual maintenance costs in Valencia runs from around 500 to 800 euros ($585 to $940 USD) for newer buildings in good condition, up to 2,000 to 3,000 euros ($2,350 to $3,520 USD) for older properties with aging plumbing, electrical systems, or high tenant turnover.
The most common maintenance expenses apartment owners face in Valencia include repairing or replacing air conditioning units (which work hard during hot summers and often fail after 8 to 10 years), fixing moisture and humidity issues in ground-floor or north-facing units, and addressing the rolling blind (persiana) mechanisms that are standard in Spanish apartments and frequently need servicing.
What property taxes should I expect for an apartment in Valencia as of 2026?
As of early 2026, the main annual property tax for apartments in Valencia is the IBI (Impuesto sobre Bienes Inmuebles), which typically costs between 300 and 1,000 euros per year ($350 to $1,170 USD) depending on your property's cadastral value.
The realistic range of property taxes in Valencia runs from around 200 to 400 euros annually ($235 to $470 USD) for smaller or lower-value apartments, up to 800 to 1,200 euros ($940 to $1,410 USD) for larger or more centrally located properties with higher cadastral valuations.
Property taxes in Valencia are calculated by applying the city's IBI urban rate of 0.5784% to the cadastral value (valor catastral) of your apartment, which is an administrative value typically well below market price and reassessed periodically by the regional tax authorities.
Valencia does offer some property tax reductions, including discounts for large families (familia numerosa) and potential bonuses for energy-efficient renovations, though these require specific applications and documentation to the local tax office.
If you want to go into more details, we also have a blog article detailing all the property taxes and fees in Valencia.
How much does landlord insurance cost for an apartment in Valencia in 2026?
As of early 2026, typical annual landlord insurance for an apartment in Valencia costs between 150 and 350 euros ($175 to $410 USD) for basic home coverage, plus an optional rent default policy that adds roughly 2.5% to 3.5% of annual rent.
The realistic range of annual landlord insurance costs in Valencia spans from around 150 euros ($175 USD) for basic coverage on a smaller apartment, up to 700 to 900 euros ($820 to $1,055 USD) if you combine comprehensive home insurance with rent guarantee coverage on a higher-rent property.
What's the typical property management fee for apartments in Valencia as of 2026?
As of early 2026, the typical property management fee for long-term rental apartments in Valencia runs between 8% and 12% of annual rent, which works out to roughly 100 to 150 euros per month ($117 to $175 USD) on a typical mid-range rental.
The realistic range of property management fees in Valencia spans from around 8% of rent for basic service, up to 12% to 15% for comprehensive management, with some agencies also charging a one-time tenant placement fee equivalent to one month's rent.
Standard property management fees in Valencia typically include tenant finding and screening, rent collection, handling routine maintenance requests, and basic legal compliance, though major repairs, tax filing assistance, and eviction proceedings usually cost extra.
We made this infographic to show you how property prices in Spain compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Valencia, we always rely on the strongest methodology we can … and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why it's authoritative | How we used it |
|---|---|---|
| Idealista (rent index) | Spain's largest property portal with transparent, regularly updated price data. | We used Idealista as our baseline for rent per square meter in Valencia city. We multiplied these figures by typical apartment sizes to estimate realistic monthly rents. |
| Idealista (sale price index) | Consistent methodology and high coverage of the Valencia property market. | We used Idealista as our baseline for purchase price per square meter. We combined this with rent data to calculate gross yield estimates. |
| SERPAVI (MIVAU) | Official government tool providing reference rent ranges from administrative data. | We used SERPAVI as a sanity check on typical rent levels by area and dwelling type. We triangulated these figures against private market indices. |
| Banco de España | Spain's central bank is a top-tier source for macro housing indicators. | We used Banco de España data to anchor the broader market context. We validated that our yield estimates aligned with national housing market trends. |
| AEAT (Spanish Tax Agency) | The primary authority for Spanish tax rules affecting property owners. | We used AEAT to model how rental profits are taxed for non-resident owners. We applied these rates to calculate net yield after tax estimates. |
| Ministry of Finance (IBI rates) | Official compilation of local property tax parameters across Spain. | We used this source to identify Valencia's IBI urban tax rate. We then calculated practical annual tax amounts based on typical cadastral values. |
| AirDNA | Established short-term rental data provider with transparent market metrics. | We used AirDNA to estimate short-term rental occupancy, nightly rates, and annual revenue in Valencia. We converted these into gross yield estimates for comparison. |
| European Central Bank | The primary reference for official euro exchange rates. | We used ECB rates to convert AirDNA's USD figures into euros. We ensured all yield calculations remained consistent in euro terms. |
| Generalitat Valenciana | Official regional government guidance for tourist dwelling registration. | We used this source to describe what's required to operate legally as a short-term rental in Valencia. We treated it as the practical compliance checklist. |
| Registradores | Property registrars compile official transaction and registry data across Spain. | We used Registradores data as a cross-check against listing-based indices. We verified that market trends reflected actual transaction patterns. |
| INE (National Statistics Institute) | Spain's official statistics agency for demographic and economic data. | We used INE wage data to anchor affordability logic for tenant budgets. We applied the 30-35% of income rule to estimate realistic rent capacity. |
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