Buying real estate in Valencia?

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What are rents like in Valencia right now? (2026)

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Authored by the expert who managed and guided the team behind the Spain Property Pack

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Yes, the analysis of Valencia's property market is included in our pack

If you're wondering what rents look like in Valencia right now, you're in the right place.

We've compiled current Valencia rental prices for 2026, covering studios, 1-bedrooms, 2-bedrooms, and more.

We update this blog post regularly to keep it accurate.

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.

Insights

  • Valencia rents have jumped 6% to 8% year-over-year, making it one of Spain's fastest-rising rental markets in 2026.
  • A typical 2-bedroom in Valencia now costs around €1,460 per month, roughly €200 more than two years ago.
  • Studios in central neighborhoods like Russafa or Ciutat Vella rent for about €900 monthly despite their small size.
  • Valencia's rental vacancy rate sits at around 3%, meaning well-priced properties often rent within two weeks.
  • Properties near Valencia's universities rent 10% to 15% faster than the city average due to constant student turnover.
  • Furnished apartments command a 15% to 25% premium, especially in neighborhoods popular with expats and students.
  • Installing air conditioning can boost monthly rent by €50 to €100 because many older buildings lack it.
  • Valencia landlords pay roughly €500 to €800 per year in IBI property tax, about €40 to €67 monthly.
  • The IRAV rent index limits increases on existing contracts, but new leases can still be priced at market rates.
  • Expats cluster in Russafa, El Carmen, and Cabanyal, where international communities are more common.
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Fact-checked and reviewed by our local expert

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Anna Siudzinska 🇵🇱

Real Estate Agent

Anna Siudzińska is a seasoned business strategist and accomplished manager with a strong background in sales, marketing, and corporate expansion. With extensive experience in both domestic and international markets, she has developed deep expertise in Valencia’s real estate landscape, helping clients identify high-potential investment opportunities in the city.

What are typical rents in Valencia as of 2026?

What's the average monthly rent for a studio in Valencia as of 2026?

As of early 2026, the average monthly rent for a studio in Valencia is around €900 ($970 USD), reflecting units in central, high-demand areas.

The realistic range runs from €550 to €1,100 per month ($590 to $1,190 USD), depending on location and condition.

Studio rents vary based on neighborhood (central Russafa versus outer districts), furnishing, and building amenities like elevators or air conditioning.

Sources and methodology: we anchored estimates to Fotocasa's Valencia Capital index (December 2025) at €16/m². We cross-checked with idealista listings and Banco de España research. Our internal data helped refine typical price points.

What's the average monthly rent for a 1-bedroom in Valencia as of 2026?

As of early 2026, the average monthly rent for a 1-bedroom apartment in Valencia is around €1,250 ($1,350 USD).

The realistic range runs from €900 to €1,600 per month ($970 to $1,730 USD), with the spread depending on location and quality.

For cheaper 1-bedrooms, look at Patraix, Campanar, or Quatre Carreres; the highest rents appear in L'Eixample (Pla del Remei), Ciutat Vella, and Russafa.

Sources and methodology: we used Fotocasa's December 2025 data showing €1,258 for "estudio o 1 habitación." We validated with idealista and CaixaBank Research. Our Valencia analyses confirmed neighborhood variations.

What's the average monthly rent for a 2-bedroom in Valencia as of 2026?

As of early 2026, the average monthly rent for a 2-bedroom apartment in Valencia is around €1,460 ($1,580 USD).

The realistic range runs from €1,100 to €1,900 per month ($1,190 to $2,050 USD), covering basic units to renovated apartments in prime areas.

More affordable 2-bedrooms are in Jesús, Extramurs (Arrancapins), or Benicalap; the most expensive are in L'Eixample, El Pla del Real, and Ciutat Vella.

By the way, you will find much more detailed rent ranges in our property pack covering the real estate market in Valencia.

Sources and methodology: we based estimates on Fotocasa's Valencia Capital data showing €1,464 for "2 habitaciones." We compared with idealista and BBVA Research. Our internal data helped map neighborhood ranges.

What's the average rent per square meter in Valencia as of 2026?

As of early 2026, the average rent per square meter in Valencia is around €16.20 ($17.50 USD).

The range across neighborhoods runs from €12 to €22/m² ($13 to $24 USD), with outer districts lower and central Ciutat Vella higher.

Valencia's €16.20/m² sits below Madrid (€19 to €21/m²) and Barcelona (€20 to €23/m²), making it relatively more affordable among Spain's big cities.

Rent per square meter jumps above average when a property has an elevator, air conditioning, a balcony, or recent renovations.

Sources and methodology: we anchored to Fotocasa's December 2025 index at €16/m². We compared with Banco de España and CaixaBank Research. Our analyses refined neighborhood breakdowns.

How much have rents changed year-over-year in Valencia in 2026?

As of early 2026, rents in Valencia have increased by an estimated 6% to 8% compared to January 2025.

The main drivers are a persistent housing shortage, strong demand from students and professionals, and competition from tourist rentals pulling units out of the long-term market.

This year's growth is similar to 2025's 5% to 8% pace, suggesting supply constraints continue to outpace new construction.

Sources and methodology: we calculated changes using Fotocasa's Valencia time series showing roughly 6% YoY growth. We cross-referenced with Banco de España and BBVA Research. Our tracking confirmed the range.

What's the outlook for rent growth in Valencia in 2026?

As of early 2026, market rents in Valencia are projected to grow 4% to 7% over the year, though existing tenants on eligible contracts face smaller IRAV-capped increases.

Key factors include continued population inflows, limited new supply, and competition from tourist rentals reducing long-term availability.

Neighborhoods like Russafa, Cabanyal, and university areas are expected to see the strongest growth due to high demand and limited stock.

Risks include sudden policy changes, economic slowdowns, or unexpected housing completions, though none seem imminent.

Sources and methodology: we built our outlook using CaixaBank Research and Banco de España research. We referenced the INE IRAV index for contract rules. Our models refined projections.
statistics infographics real estate market Valencia

We have made this infographic to give you a quick and clear snapshot of the property market in Spain. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.

Which neighborhoods rent best in Valencia as of 2026?

Which neighborhoods have the highest rents in Valencia as of 2026?

As of early 2026, the three Valencia neighborhoods with highest rents are L'Eixample (Pla del Remei, Gran Vía) at €18 to €22/m² (€1,600 to €2,000+/month or $1,730 to $2,160 USD), Ciutat Vella (Sant Francesc) at similar levels, and Russafa at €17 to €20/m².

These areas command premiums due to central location, walkability, renovated stock, and vibrant street life.

Typical tenants are higher-income professionals, international residents, and couples prioritizing location over space.

By the way, we've written a blog article detailing what are the current best areas to invest in property in Valencia.

Sources and methodology: we identified high-rent neighborhoods using idealista listings by district. We cross-checked with Fotocasa and Banco de España. Our neighborhood analyses validated rankings.

Where do young professionals prefer to rent in Valencia right now?

The top three neighborhoods for young professionals are Russafa (nightlife and café culture), Eixample/Gran Vía (upscale central feel), and Extramurs (Arrancapins) for better value near the center.

Young professionals typically pay €1,000 to €1,500 per month ($1,080 to $1,620 USD) for a 1-bedroom or small 2-bedroom.

These areas attract them with easy metro/bike access, lively social scenes, co-working spaces, and a mix of local and international residents.

By the way, you will find a detailed tenant analysis in our property pack covering the real estate market in Valencia.

Sources and methodology: we identified preferences by analyzing idealista activity and Banco de España demand indicators. We referenced Generalitat Valenciana data. Our tenant surveys confirmed patterns.

Where do families prefer to rent in Valencia right now?

The top three neighborhoods for families are Campanar (green spaces, larger apartments), El Pla del Real (upscale, calm streets), and Quatre Carreres (newer developments near City of Arts and Sciences).

Families renting 2-3 bedrooms typically pay €1,300 to €1,800 per month ($1,400 to $1,950 USD), with premium units reaching €2,000+.

These areas attract families with quieter streets, parks, larger apartments, and good public transport.

Nearby schools include public and concertado options, with El Pla del Real close to international schools and Campanar near well-regarded local public schools.

Sources and methodology: we identified preferences through idealista analysis filtered by bedrooms. We cross-checked with Banco de España and Generalitat Valenciana. Our family research confirmed patterns.

Which areas near transit or universities rent faster in Valencia in 2026?

As of early 2026, the three fastest-renting areas near transit or universities are Benimaclet (classic student zone near UPV), Algirós (along Blasco Ibáñez near UV and UPV), and Jesús (connected via Joaquín Sorolla station).

Well-priced properties here stay listed just 7 to 14 days, versus 20 to 30 days citywide.

Properties within 10 minutes of metro or campus command a €75 to €150/month premium ($80 to $160 USD) for the convenience.

Sources and methodology: we tracked turnover on idealista and cross-referenced transit/university maps. We used Banco de España and Fotocasa analysis. Our tracking quantified speed differences.

Which neighborhoods are most popular with expats in Valencia right now?

The top three neighborhoods for expats are Russafa (international vibe), El Carmen in Ciutat Vella (historic charm), and Cabanyal (beachside lifestyle).

Expats typically pay €1,100 to €1,600 per month ($1,190 to $1,730 USD) for 1-2 bedrooms, with furnished units at the higher end.

These areas attract expats with English-friendly services, international dining, active expat communities, and easy socializing.

The most represented nationalities include British, French, German, Dutch, and American residents, plus digital nomads from Europe and Latin America.

And if you are also an expat, you may want to read our exhaustive guide for expats in Valencia.

Sources and methodology: we identified preferences through idealista analysis and community research. We cross-checked with Banco de España and Generalitat Valenciana. Our expat surveys confirmed rankings.

Get fresh and reliable information about the market in Valencia

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Who rents, and what do tenants want in Valencia right now?

What tenant profiles dominate rentals in Valencia?

The top three tenant profiles in Valencia are young adults/early-career professionals (often priced out of buying), students at UV and UPV, and international residents using Valencia as a landing city.

Young professionals and students make up roughly 50% to 60% of demand, while internationals and flexible households account for the remaining 40% to 50%.

Young professionals seek 1-2 bedroom central apartments, students look for shared flats or studios near universities, and internationals prefer furnished units in expat-friendly areas.

If you want to optimize your cashflow, you can read our complete guide on how to buy and rent out in Valencia.

Sources and methodology: we analyzed profiles using Banco de España research. We cross-checked with Generalitat Valenciana rent aid data and idealista. Our surveys refined percentage estimates.

Do tenants prefer furnished or unfurnished in Valencia?

In central Valencia neighborhoods, roughly 55% to 60% prefer furnished rentals, while in family-oriented outer districts about 60% prefer unfurnished.

Furnished apartments command a €100 to €250/month premium ($108 to $270 USD), with higher premiums in Russafa and Ciutat Vella.

Students, international newcomers, and temporary professionals prefer furnished for the "move-in ready" convenience.

Sources and methodology: we estimated preferences by analyzing listing types on idealista and Fotocasa. We cross-checked with Banco de España. Our calculations quantified premiums.

Which amenities increase rent the most in Valencia?

The top five rent-boosting amenities in Valencia are: elevator, air conditioning, balcony/terrace, renovated kitchen, and renovated bathroom.

Typical premiums: elevator (+€50 to €100/month), A/C (+€50 to €100), balcony (+€75 to €150 or $81 to $162 USD), renovated kitchen (+€50 to €100), renovated bathroom (+€40 to €80).

In our property pack covering the real estate market in Valencia, we cover what are the best investments a landlord can make.

Sources and methodology: we identified amenities by comparing listings on idealista and Fotocasa. We cross-checked with Banco de España. Our tracking quantified rent impact.

What renovations get the best ROI for rentals in Valencia?

The top five ROI renovations for Valencia rentals are: A/C installation, kitchen refresh, bathroom modernization, energy efficiency upgrades, and heating improvements.

Typical costs and returns: A/C (€1,500 to €3,000, +€50 to €100/month), kitchen (€3,000 to €6,000, +€50 to €100), bathroom (€2,000 to €4,000, +€40 to €80), energy efficiency (€1,500 to €4,000, +€30 to €60), heating (€1,000 to €2,500, +€25 to €50).

Poor ROI renovations include luxury finishes exceeding neighborhood standards, pools in unsuitable buildings, and over-engineered smart home systems.

Sources and methodology: we estimated ROI by comparing pre/post-renovation rents on idealista and local contractor costs. We cross-checked with Banco de España and Fotocasa. Our landlord cases validated estimates.
infographics rental yields citiesValencia

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.

How strong is rental demand in Valencia as of 2026?

What's the vacancy rate for rentals in Valencia as of 2026?

As of early 2026, the estimated vacancy rate for Valencia rentals is around 3%, indicating a tight market where well-priced units don't stay empty long.

Vacancy ranges from 1% to 2% in high-demand central areas (Russafa, Ciutat Vella) to 4% to 5% in some outer districts.

Valencia's current 3% is below its historical average of 4% to 5%, reflecting the ongoing supply shortage.

Finally please note that you will have all the indicators you need in our property pack covering the real estate market in Valencia.

Sources and methodology: we estimated vacancy by triangulating Banco de España undersupply research with idealista turnover. We referenced Reuters housing coverage. Our tracking refined estimates.

How many days do rentals stay listed in Valencia as of 2026?

As of early 2026, the average days rentals stay listed in Valencia is 20 to 30, varying by quality and neighborhood.

The range runs from 7 to 14 days for well-priced prime units to 45+ days for overpriced or poorly located properties.

Compared to last year, days-on-market has stayed flat or decreased slightly, reflecting continued strong demand.

Sources and methodology: we tracked days-on-market on idealista over time. We cross-checked with Fotocasa and Banco de España. Our listing tracking validated ranges.

Which months have peak tenant demand in Valencia?

Peak demand months in Valencia are September-October (student arrivals, post-summer moves), January-February (new year job starts), and May-June (pre-summer relocations).

These patterns are driven by the academic calendar, Spanish job cycles, and preferences to move before or after August vacation.

Lowest demand is in August (holiday season) and late December (holiday slowdown).

Sources and methodology: we identified patterns by tracking idealista activity across months. We cross-checked with Banco de España and Fotocasa. Our seasonal tracking confirmed patterns.

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What will my monthly costs be in Valencia as of 2026?

What property taxes should landlords expect in Valencia as of 2026?

As of early 2026, Valencia landlords should expect €500 to €800 per year in IBI property tax for a typical apartment, about €40 to €67 monthly ($43 to $72 USD).

The range runs from €300 for smaller outer-district properties to €1,200+ ($325 to $1,300 USD) for larger central apartments.

IBI is calculated on cadastral value (not market value) times the municipal rate, with Valencia maintaining a 20% reduction on urban IBI for 2026.

Please note that, in our property pack covering the real estate market in Valencia, we cover what exemptions or deductions may be available to reduce property taxes for landlords.

Sources and methodology: we based estimates on Valencia City Council's 2026 fiscal ordinances and the municipal taxes portal. We cross-checked with Agencia Tributaria. Our cost tracking validated ranges.

What utilities do landlords often pay in Valencia right now?

Valencia landlords most commonly pay community fees and IBI, while tenants pay electricity, gas, water, and internet.

Monthly community fees run €50 to €150 ($54 to $162 USD), plus IBI at €40 to €67, so landlords should budget €90 to €220 monthly for these costs.

Some furnished or "all-in" rentals bundle water or internet into rent, but standard long-term leases follow the landlord-pays-community-fees pattern.

Sources and methodology: we identified utility patterns through lease analysis and landlord surveys. We cross-checked with Banco de España and idealista listing details. Our cost tracking confirmed breakdowns.

How is rental income taxed in Valencia as of 2026?

As of early 2026, resident landlords pay IRPF on net rental income at progressive rates (19% to 47%), with reductions available for qualifying residential leases.

Main deductions include mortgage interest, IBI, community fees, insurance, repairs, depreciation, and professional fees.

A common Valencia-specific mistake is not separating IRAV-capped contract increases from market pricing on new leases, and failing to keep receipts for deductible expenses.

We cover these mistakes, among others, in our list of risks and pitfalls people face when buying property in Valencia.

Sources and methodology: we based tax treatment on Agencia Tributaria (IRPF) and Modelo 210 for non-residents. We cross-checked with INE's IRAV index. Our tax analysis identified common mistakes.
infographics comparison property prices Valencia

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.

We aim to be fully transparent, so below we've listed the authoritative sources we used and explained how we used them.

Source Why it's authoritative How we used it
Fotocasa Índice Inmobiliario One of Spain's biggest housing portals with a long-running monthly index. We used it as our main citywide rent snapshot for Valencia. We treated it as the anchor point and cross-checked with other sources.
idealista rental listings Spain's largest real estate marketplace used by tenants and landlords. We used it to sanity-check current asking rents. We also identified which neighborhoods dominate supply and command premiums.
Banco de España rental research Spain's central bank produces high-quality structural housing research. We used it to explain why rents are rising and describe affordability pressures. We also referenced tenant profile data.
INE IRAV Index Spain's national statistics office is the primary source for official price data. We used it to explain regulated rent updates for eligible contracts. We distinguished market growth from contract indexation.
MIVAU rent-update calculator The Spanish housing ministry's official rent calculation tool. We used it to explain how landlords compute maximum annual updates. We framed legal increases versus market rates.
CaixaBank Research Major-bank research unit with frequent, data-driven housing updates. We used it for the 2026 housing-cycle backdrop. We translated macro views into Valencia-specific outlooks.
BBVA Research Major-bank research shop with recurring real estate analysis. We used it to cross-check the structural shortage narrative. We kept our outlook grounded in institutional forecasts.
Valencia City Council 2026 ordinances The city government's direct communication on local tax policy. We used it to describe Valencia's 2026 tax stance. We converted policy into practical monthly cost estimates.
Valencia municipal taxes portal Official city portal for municipal tax information. We used it to ground property tax information. We avoided unofficial summaries for municipal obligations.
Agencia Tributaria IRPF Spain's tax authority is the definitive source for rental income taxation. We used it to explain resident landlord taxation and available reductions. We listed typical deductible expenses.
Agencia Tributaria Modelo 210 Official filing entry point for non-resident income tax. We used it to explain non-resident landlord taxation. We kept expat guidance precise and verifiable.
Reuters Spain housing Global wire service known for strict sourcing and fact-checking. We used it as a cross-check that Spain's housing shortage is widely documented. We supported that supply relief is gradual.
ECB Data Portal Spain HICP ECB republishes harmonised inflation data used across EU institutions. We used it to put rent growth in inflation context. We anchored real versus nominal discussions to official measures.
Generalitat Valenciana rent aid Regional government's official housing assistance programme. We used it as a reality-check on affordability pressure. We framed tenant profiles seeking support in Valencia.

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