MADRID, 8 Ago. (EUROPA PRESS) -

Rental housing in Spain closed July with an average price per square meter of 10.93 euros, which represents 6.74% more compared to the same month of the previous year and 0.28% more per month, according to data prepared by Pisos.com.

The most expensive regions to rent in the seventh month of the year were the Balearic Islands, with 16.39 euros per square meter, Madrid (15.05 euros) and Catalonia (12.27 euros), while the cheapest were in La Rioja (4.69 euros), Castilla y León (4.86 euros) and Extremadura (5.03 euros).

In July, the most notable increase took place in Madrid, where the price increase was 2.94% more compared to the previous month, while the greatest decrease occurred in La Rioja, with a drop of 2.09% month-on-month. .

Compared to July 2022, the Balearic Islands (32.79%) was the one that increased its rental price the most, while Navarra was the one that fell the most, leaving 20.18%.

In the classification of provinces by income, in July of this year the first position was for the Balearic Islands, with 16.39 euros per square meter. It was followed by Madrid (15.05 euros) and Barcelona (14.26 euros). On the opposite side, Cuenca closed the ranking with 3.12 euros per square meter.

The province that made its rents more expensive in the last month was Madrid, with 2.94% compared to the previous month, while the one that made them cheaper was Guipúzcoa (-2.83%). From one year to the next, the greatest rise was in the Balearic Islands (32.79%) and the income that fell the most was that of Navarra (-20.18%).

The director of Pisos.com Studies, Ferran Font, has admitted that the rent continues to rise "unstoppably", without being able to foresee a "turning point in rents", to the point that in many territories they have reached "heights never seen".