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Get all the data you need about the real estate market in Valencia
We constantly update this blog post so that the rent figures for Valencia stay useful for buyers, landlords and future investors.
As of June 2026, Valencia remains one of Spain’s most watched rental markets because rents are high, demand is strong and good long-term apartments are limited.
This guide focuses only on residential property in Valencia, so it is written for people who want to understand normal long-term rentals, not hotels or tourist flats.
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 are typical rents in Valencia as of 2026?
What's the average monthly rent for a studio in Valencia as of 2026?
As of 2026, a normal studio in Valencia rents for about €850 per month, which is about $920 per month, and the local currency amount is €850.
In practice, most studios in Valencia rent from about €750 to €1,000 per month, or about $810 to $1,080, with cheaper studios usually smaller, older or farther from the city center.
The main reason studio rents in Valencia vary so much is that a furnished studio in Russafa, Ciutat Vella or near the beach can attract international tenants, while a basic studio in Patraix, Jesús or parts of Algirós usually rents for less.
What's the average monthly rent for a 1-bedroom in Valencia as of 2026?
As of 2026, a normal 1-bedroom apartment in Valencia rents for about €1,150 per month, which is about $1,240 per month, and the local currency amount is €1,150.
For most 1-bedroom apartments in Valencia, a realistic monthly range is €1,000 to €1,350, or about $1,080 to $1,460, depending on size, furniture, floor level and location.
The cheapest 1-bedroom rents in Valencia are usually found in Patraix, Jesús, La Saïdia and parts of Camins al Grau, while the highest 1-bedroom rents are usually in L’Eixample, Ciutat Vella, Russafa, Gran Vía and beach-adjacent Poblats Marítims.
What's the average monthly rent for a 2-bedroom in Valencia as of 2026?
As of 2026, a normal 2-bedroom apartment in Valencia rents for about €1,500 per month, which is about $1,620 per month, and the local currency amount is €1,500.
Most 2-bedroom apartments in Valencia rent between €1,300 and €1,800 per month, or about $1,400 to $1,940, with renovated central homes and beach-area homes often above that range.
The cheaper 2-bedroom rents in Valencia are usually in Patraix, Benicalap, Jesús and Quatre Carreres, while the most expensive 2-bedroom rents are usually in Ciutat Vella, L’Eixample, Gran Vía, Russafa and El Cabanyal-Canyamelar.
By the way, you will find much more detailed rent ranges in our property pack covering the real estate market in Valencia.
What's the average rent per square meter in Valencia as of 2026?
As of 2026, the average rent in Valencia city is about €16.5 per square meter per month, which is about $17.8 per square meter, and the local currency amount is €16.5.
Across Valencia neighborhoods, a realistic rent range is about €13.5 to €20 per square meter per month, or about $14.6 to $21.6, from lower-cost districts such as Patraix to premium areas such as Ciutat Vella.
Compared with Madrid and Barcelona, Valencia is still usually cheaper, but Valencia is no longer a low-rent city because demand from students, young professionals, families and international tenants has lifted the market.
In Valencia, rent per square meter rises above average when the property is renovated, furnished, air-conditioned, close to Turia, near the beach, near a metro stop or in a walkable central neighborhood.
How much have rents changed year-over-year in Valencia in 2026?
As of 2026, new asking rents in Valencia city are up by about 5% to 7% year over year, with idealista showing a 5.1% annual rise in May 2026.
The main reasons Valencia rents are still rising in 2026 are population growth, strong demand from mobile tenants, limited attractive long-term supply and strong competition for furnished flats.
This year’s rent growth in Valencia looks slower than the very sharp post-pandemic jumps seen earlier, but it still shows that the city’s long-term rental market remains tight.
What's the outlook for rent growth in Valencia in 2026?
As of 2026, we expect new long-term rents in Valencia to rise by about 3% to 6% through the rest of the year.
The main factors that should support rent growth in Valencia are population growth, strong student demand, international tenant demand, limited supply and the shortage of renovated long-term apartments.
The Valencia neighborhoods that could see the strongest rent growth are Benimaclet, Algirós, Camins al Grau, El Cabanyal-Canyamelar, Russafa and well-connected parts of La Saïdia.
The main risks are affordability pressure, a sudden increase in long-term supply, stricter rental rules or weaker demand from international tenants.
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Which neighborhoods rent best in Valencia as of 2026?
Which neighborhoods have the highest rents in Valencia as of 2026?
As of 2026, the top high-rent areas in Valencia are Ciutat Vella at about €19.7 per square meter, L’Eixample at about €18.5 per square meter and Poblats Marítims at about €16.9 per square meter, equal to roughly $21.3, $20.0 and $18.3 per square meter.
These Valencia neighborhoods command premium rents because they offer walkability, historic streets, restaurants, nightlife, beach access, renovated apartments and strong visibility among foreign tenants.
The typical tenants in these high-rent Valencia neighborhoods are international workers, remote workers, higher-income Spanish professionals, couples without children and tenants who pay extra for lifestyle.
By the way, we’ve written a blog article detailing Sources and methodology: we used idealista, Fotocasa and Valencia City Hall statistics.
Where do young professionals prefer to rent in Valencia right now?
Young professionals in Valencia usually prefer Russafa, Gran Vía and Benimaclet, with El Carmen, La Petxina, Arrancapins, Camins al Grau and El Cabanyal also popular.
In these Valencia neighborhoods, young professionals typically pay about €1,000 to €1,500 per month, or about $1,080 to $1,620, for a studio or 1-bedroom apartment.
These areas attract young professionals because they offer cafés, nightlife, bike routes, metro access, coworking, Turia access, beach links and a lifestyle that feels easy without needing a car.
By the way, you will find a detailed tenant analysis in our property pack covering the real estate market in Valencia.
Where do families prefer to rent in Valencia right now?
Families in Valencia usually prefer Campanar, Patraix and Quatre Carreres, with Benicalap, La Saïdia, Malilla and Nou Campanar also strong family rental areas.
In these Valencia neighborhoods, families usually pay about €1,300 to €1,900 per month, or about $1,400 to $2,050, for a 2 or 3-bedroom apartment.
These areas work well for families because they offer larger flats, lifts, parking options, schools, supermarkets, parks, health services and quieter streets than the central nightlife areas.
Educational options around these family-friendly areas include local colegios, public and concertado schools, and access to broader Valencia school zones near Campanar, Patraix, Malilla and Quatre Carreres.
Which areas near transit or universities rent faster in Valencia in 2026?
As of 2026, the fastest-renting transit and university areas in Valencia are Benimaclet, Algirós and the Blasco Ibáñez to Tarongers corridor.
Good apartments in these high-demand Valencia areas often stay listed for about 7 to 14 days, while very well-priced furnished studios or 1-bedroom units can rent in less than a week.
The rent premium for being near a metro, tram or university corridor in Valencia is often about €100 to €250 per month, or about $110 to $270, when the apartment is also clean, furnished and ready to move into.
Which neighborhoods are most popular with expats in Valencia right now?
The Valencia neighborhoods most popular with expats are Russafa, El Carmen and El Cabanyal-Canyamelar, with La Seu, Sant Francesc, Gran Vía, Pla del Remei, Benimaclet and Camins al Grau also very visible.
Expats in these Valencia neighborhoods usually pay about €1,100 to €1,800 per month, or about $1,190 to $1,940, for a good studio, 1-bedroom or compact 2-bedroom apartment.
These areas attract expats because they combine walkability, cafés, restaurants, public transport, furnished apartments, beach access, English-friendly services and a strong international community.
The most visible expat communities in Valencia include French, Italian, German, British, Dutch, American and Latin American residents, especially in central and beach-linked neighborhoods.
And if you are also an expat, you may want to read our Sources and methodology: we used idealista, Valencia City Hall population data and Fotocasa.
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Who rents, and what do tenants want in Valencia right now?
What tenant profiles dominate rentals in Valencia?
The top tenant profiles in Valencia are young professionals, students and international workers, with families also important in larger 2 and 3-bedroom apartments.
As a practical estimate, young professionals represent about 30% of demand, students about 25%, international workers about 20%, families about 20% and other tenants about 5% of the Valencia rental market.
Young professionals and international workers usually look for furnished studios and 1-bedroom flats, students often look for shared flats near universities, and families usually want 2 or 3-bedroom homes with lifts and services nearby.
If you want to optimize your cashflow, you can read our Sources and methodology: we used Valencia City Hall population data, Observatorio del Alquiler and Banco de España.
Do tenants prefer furnished or unfurnished in Valencia?
In Valencia, about 60% of renters in the small-apartment market prefer furnished rentals, while about 40% prefer unfurnished or partly furnished homes, especially families.
A furnished apartment in Valencia often rents for about €100 to €250 more per month than a similar unfurnished one, or about $110 to $270, when the furniture is modern and practical.
Furnished rentals in Valencia are especially popular with students, remote workers, foreign employees, expats and young professionals who want to move in quickly.
Which amenities increase rent the most in Valencia?
The five amenities that increase rent the most in Valencia are air conditioning, lift access, balcony or terrace, renovated kitchen and bathroom, and parking in family districts.
In Valencia, air conditioning can add about €50 to €150 per month, a lift about €50 to €120, a terrace about €100 to €250, a renovated kitchen or bathroom about €100 to €250, and parking about €80 to €150, equal to roughly $55 to $270 depending on the feature.
In our property pack covering the real estate market in Valencia, we cover what are the best investments a landlord can make.
What renovations get the best ROI for rentals in Valencia?
The five best rental renovations in Valencia are installing air conditioning, repainting, upgrading lighting, refreshing the bathroom and modernizing the kitchen.
In Valencia, these upgrades can cost about €800 to €18,000 in total, or about $860 to $19,400, and a good light renovation can often lift rent by about €100 to €250 per month if the apartment was previously dated.
Poor-ROI renovations in Valencia often include luxury finishes in low-rent districts, oversized built-in furniture, expensive designer kitchens for student flats and decorative upgrades that do not solve heat, noise, storage or condition problems.
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How strong is rental demand in Valencia as of 2026?
What's the vacancy rate for rentals in Valencia as of 2026?
As of 2026, practical vacancy for well-priced long-term rental apartments in Valencia is about 2% to 4%.
Across Valencia, vacancy can be below 2% for renovated furnished flats in Russafa, Ciutat Vella, Benimaclet, Algirós and beach-adjacent areas, while overpriced or poor-condition homes can sit empty for longer.
Current vacancy in Valencia appears lower than the historical comfort level because population growth, student demand and international tenant demand have made good long-term rentals harder to find.
Finally please note that you will have all the indicators you need in our property pack covering the real estate market in Valencia.
How many days do rentals stay listed in Valencia as of 2026?
As of 2026, good long-term rentals in Valencia usually stay listed for about 7 to 21 days.
The realistic range is under 7 days for strong furnished studios or 1-bedroom flats, about 7 to 21 days for well-priced normal homes, and 30 to 60 days for overpriced, old or badly presented apartments.
Compared with one year ago, Valencia rentals appear to move at least as fast, and often faster, because demand has stayed strong while attractive long-term supply remains limited.
Which months have peak tenant demand in Valencia?
The peak tenant-demand months in Valencia are June, July, August and September, with a second smaller peak in January and February.
These seasonal peaks happen because students, university staff, young professionals, international arrivals and summer-linked furnished demand all overlap in Valencia before autumn.
The lowest-demand months in Valencia are usually November and December, when fewer tenants move and many people delay housing decisions until after the holidays.
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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 2026, many Valencia landlords should expect annual IBI property tax of about €300 to €900, which is about $320 to $970, with the local currency amount in euros.
The realistic range for annual property tax in Valencia is about €250 to €1,500, or about $270 to $1,620, depending on cadastral value, apartment size, location and building type.
Valencia IBI is calculated by applying the city’s urban IBI rate of 0.5784% to the cadastral value, so the tax depends more on cadastral value than on the market price paid by the buyer.
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.
What utilities do landlords often pay in Valencia right now?
In Valencia, landlords most often pay community fees, IBI, building insurance, maintenance reserves and sometimes the waste charge if the lease does not clearly pass it to the tenant.
Typical monthly landlord-paid costs in Valencia can be about €50 to €150 for community fees, €25 to €75 for IBI, €15 to €30 for insurance, €80 to €200 for maintenance allowance and a smaller monthly equivalent for waste charges, or about $15 to $215 depending on the item.
The common practice in Valencia is that tenants pay electricity, water, gas and internet, while landlords pay ownership costs unless the rental contract clearly says otherwise.
How is rental income taxed in Valencia as of 2026?
As of 2026, rental income in Valencia is taxed under Spanish rules, with Spanish tax residents usually declaring net rental income in IRPF and non-resident landlords taxed under IRNR rules.
Main deductions for Valencia landlords can include IBI, community fees, insurance, repairs, agency fees, mortgage interest and depreciation, but the exact treatment depends on residency and the rental type.
A common Valencia tax mistake is confusing legal rent-update limits with market rent, another is treating a short or tourist-style rental like a normal long-term home, and another is assuming non-resident owners get the same deductions as Spanish residents.
We cover these mistakes, among others, in our Sources and methodology: we used Agencia Tributaria IRPF guidance, Agencia Tributaria non-resident manual and MIVAU rent update calculator.
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.
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 used | Why this source is reliable | How we used this source |
|---|---|---|
| idealista price report, Valencia city | idealista is one of Spain’s largest property portals and publishes monthly asking-rent data. | We used it as the main live benchmark for Valencia city rents. We used its rent per square meter and annual change to anchor our estimates. |
| idealista price report, Valencia province | This source gives a wider view of rents around Valencia city. | We used it to separate Valencia city from Valencia province. We did this because city rents are higher than the wider provincial average. |
| Fotocasa Valencia Capital index | Fotocasa is a major Spanish property portal with a long-running housing index. | We used it as a second private-sector check. We mainly used it to confirm that idealista’s direction for Valencia rents looked reasonable. |
| INE IRAV | INE is Spain’s official statistics agency. | We used it for legal rent-update context. We did not use it as a direct measure of new asking rents in Valencia. |
| MIVAU SERPAVI | MIVAU SERPAVI is Spain’s official state reference system for rental prices. | We used it as an official reference-price framework. We kept it separate from live asking-rent portals because both answer different questions. |
| MIVAU rent update calculator | This government tool explains legal rent updates for existing contracts. | We used it to avoid mixing legal rent increases with new-market rent growth. We used it when explaining why existing contracts can rise less than new leases. |
| Valencia City Hall population 2026 | This is the city’s own official population release. | We used it to size local demand pressure in Valencia. We connected population growth with rental absorption in the city. |
| Valencia City Hall statistics office | This is the municipality’s official statistics portal. | We used it for local and neighborhood context. We used it to keep the article tied to Valencia’s real geography. |
| Banco de España rental-market paper | Banco de España is Spain’s central bank and is a strong source on housing stress. | We used it to explain the structural pressure behind Spain’s rental market. We did not use it for exact monthly Valencia rents. |
| Banco de España housing indicators | This source gathers important housing indicators in one place. | We used it to understand how official and private housing indicators fit together. We used it to avoid relying on one portal only. |
| Observatorio del Alquiler | This rental observatory gives a clear demand-pressure metric for Spain’s rental market. | We used it to frame how intense tenant competition is. We adjusted its national pressure signal with local Valencia price and supply evidence. |
| Valencia City Hall IBI ordinance | This is the official municipal tax ordinance for Valencia. | We used it for the urban IBI rate in Valencia. We converted the official rate into a practical annual landlord-cost range. |
| Valencia City Hall waste tax | This is the city’s official page for the waste charge. | We used it to check whether waste charges can matter for landlords and tenants. We treated the lease wording as decisive for pass-through. |
| Agencia Tributaria rental IRPF guidance | Agencia Tributaria is Spain’s official tax authority. | We used it for Spanish tax-resident landlord treatment. We kept non-resident treatment separate because the tax rules can change with residency. |
| Agencia Tributaria non-resident taxation manual | This is the official Spanish tax manual for non-residents. | We used it for foreign-owner tax framing. We avoided giving personal tax advice because residency and rental type can change the answer. |
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