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Spain Price to Rent Ratio

Price

164.53

12/1/2025

Change +/-

+4.006

Percentage Change

+2.5 %

The current value of the Price to Rent Ratio in Spain is 164.53 . The Price to Rent Ratio in Spain increased to 164.53 on 12/1/2025, after it was 160.524 on 9/1/2025. From 3/1/1971 to 12/1/2025, the average GDP in Spain was 91.18 . The all-time high was reached on 12/1/2025 with 164.53 , while the lowest value was recorded on 12/1/1971 with 29.19 .

Source: OECD

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Price to Rent Ratio

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Price-Rent Ratio

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Price to Rent Ratio History

Price to Rent Ratio — History
Date	Value
12/1/2025	164.53
9/1/2025	160.524
6/1/2025	157.109
3/1/2025	153.6
12/1/2024	149.311
9/1/2024	145.655
6/1/2024	142.74
3/1/2024	140.044
12/1/2023	137.229
9/1/2023	137.487
6/1/2023	135.197
3/1/2023	134.29
12/1/2022	134.231
9/1/2022	134.215
6/1/2022	133.182
3/1/2022	132.276
12/1/2021	129.534
9/1/2021	126.615
6/1/2021	124.846
3/1/2021	122.796
12/1/2020	122.465
9/1/2020	122.166
6/1/2020	121.736
3/1/2020	122.465
12/1/2019	121.548
9/1/2019	121.351
6/1/2019	120.543
3/1/2019	120.14
12/1/2018	118.933
9/1/2018	117.693
6/1/2018	116.092
3/1/2018	114.138
12/1/2017	113.143
9/1/2017	111.398
6/1/2017	109.88
3/1/2017	108.545
12/1/2016	106.358
9/1/2016	105.001
6/1/2016	104.173
3/1/2016	103.318
12/1/2015	101.846
9/1/2015	100.871
6/1/2015	100.195
3/1/2015	97.088
12/1/2014	97.134
9/1/2014	96.127
6/1/2014	95.854
3/1/2014	95.178
12/1/2013	94.627
9/1/2013	95.113
6/1/2013	94.477
3/1/2013	96.241
12/1/2012	100.288
9/1/2012	101.517
6/1/2012	105.565
3/1/2012	110.535
12/1/2011	115.341
9/1/2011	121.594
6/1/2011	126.29
3/1/2011	129.881
12/1/2010	133.307
9/1/2010	133.731
6/1/2010	136.161
3/1/2010	136.221
12/1/2009	136.901
9/1/2009	137.346
6/1/2009	138.932
3/1/2009	142.061
12/1/2008	146.312
9/1/2008	151.694
6/1/2008	155.585
3/1/2008	159.394
12/1/2007	161.36
9/1/2007	162.929
6/1/2007	162.604
3/1/2007	161.123
12/1/2006	159.603
9/1/2006	155.881
6/1/2006	151.753
3/1/2006	148.481
12/1/2005	145.898
9/1/2005	142.481
6/1/2005	139.985
3/1/2005	137.277
12/1/2004	133.647
9/1/2004	130.572
6/1/2004	127.145
3/1/2004	123.266
12/1/2003	119.111
9/1/2003	115.272
6/1/2003	112
3/1/2003	106.279
12/1/2002	102.575
9/1/2002	99.558
6/1/2002	97.782
3/1/2002	93.51
12/1/2001	90.379
9/1/2001	87.979
6/1/2001	86.67
3/1/2001	86.087
12/1/2000	84.76
9/1/2000	83.345
6/1/2000	82.938
3/1/2000	83.269
12/1/1999	82.926
9/1/1999	81.15
6/1/1999	79.217
3/1/1999	79.346
12/1/1998	78.72
9/1/1998	79.232
6/1/1998	78.172
3/1/1998	76.12
12/1/1997	76.103
9/1/1997	78.702
6/1/1997	79.259
3/1/1997	78.324
12/1/1996	78.632
9/1/1996	77.947
6/1/1996	80.308
3/1/1996	81.18
12/1/1995	82.289
9/1/1995	82.605
6/1/1995	84.099
3/1/1995	84.339
12/1/1994	84.339
9/1/1994	84.482
6/1/1994	84.493
3/1/1994	86.483
12/1/1993	87.166
9/1/1993	87.953
6/1/1993	88.258
3/1/1993	90.189
12/1/1992	93.169
9/1/1992	95.234
6/1/1992	98.436
3/1/1992	100.357
12/1/1991	106.096
9/1/1991	106.385
6/1/1991	105.223
3/1/1991	104.395
12/1/1990	101.195
9/1/1990	101.036
6/1/1990	100.931
3/1/1990	100.494
12/1/1989	98.065
9/1/1989	95.884
6/1/1989	93.645
3/1/1989	90.901
12/1/1988	87.793
9/1/1988	84.817
6/1/1988	82.689
3/1/1988	78.793
12/1/1987	76.393
9/1/1987	72.433
6/1/1987	67.8
3/1/1987	64.402
12/1/1986	58.328
9/1/1986	53.41
6/1/1986	49.875
3/1/1986	48.487
12/1/1985	49.345
9/1/1985	49.238
6/1/1985	48.912
3/1/1985	48.555
12/1/1984	48.025
9/1/1984	47.549
6/1/1984	47.239
3/1/1984	47.183
12/1/1983	47.458
9/1/1983	47.348
6/1/1983	46.58
3/1/1983	45.1
12/1/1982	43.054
9/1/1982	42.022
6/1/1982	41.927
3/1/1982	42.677
12/1/1981	44.117
9/1/1981	45.416
6/1/1981	46.589
3/1/1981	48.204
12/1/1980	49.341
9/1/1980	49.444
6/1/1980	48.981
3/1/1980	48.782
12/1/1979	49.379
9/1/1979	51.118
6/1/1979	53.698
3/1/1979	55.976
12/1/1978	57.931
9/1/1978	58.034
6/1/1978	56.287
3/1/1978	53.847
12/1/1977	50.832
9/1/1977	48.793
6/1/1977	46.637
3/1/1977	45.423
12/1/1976	42.954
9/1/1976	40.398
6/1/1976	38.232
3/1/1976	37
12/1/1975	36.527
9/1/1975	37.17
6/1/1975	38.608
3/1/1975	40.011
12/1/1974	41.578
9/1/1974	41.365
6/1/1974	39.936
3/1/1974	37.835
12/1/1973	35.097
9/1/1973	33.637
6/1/1973	32.428
3/1/1973	31.737
12/1/1972	31.286
9/1/1972	30.526
6/1/1972	29.755
3/1/1972	29.191
12/1/1971	29.188
9/1/1971	29.577
6/1/1971	30.2
3/1/1971	30.79

12.87 %

12.84 %

Price to Rent Ratio

The Price to Rent Ratio in Spain is calculated by dividing the nominal house price index by the housing rent price index, as reported by Eulerpool.

What is Price to Rent Ratio?

The Price-to-Rent Ratio: An Insight into Housing Market Dynamics As an essential indicator within the realm of macroeconomics, the Price-to-Rent Ratio encapsulates critical insights into the housing market's underlying dynamics. This comprehensive metric, featuring prominently on Eulerpool, reveals the comparative relationship between property purchase prices and annual rental incomes, offering both individuals and institutional investors a lens through which to assess the viability of real estate investments, housing affordability, and broader economic trends. At its core, the Price-to-Rent Ratio is calculated by dividing the cost of purchasing a property by the annual rental income that property generates. For instance, if a home is valued at $300,000 and it can yield an annual rent of $20,000, the price-to-rent ratio would be 15. This numerical expression, seemingly simple, belies its profound implications for market participants. From the perspective of potential homeowners, a lower price-to-rent ratio typically suggests that buying a home might be more financially advantageous compared to renting. Conversely, a higher ratio may indicate that renting is the more prudent choice. For instance, a region where the ratio significantly exceeds long-term historical averages might be in the throes of a housing bubble, signaling the necessity for caution among would-be buyers. On the investment front, the Price-to-Rent Ratio serves as a pivotal tool for real estate investors aiming to maximize returns. Properties in areas with favorable ratios might represent lucrative opportunities for positive cash flow and value appreciation. Investors often arbitrarily set thresholds to delineate 'good' investments—quite often, properties with ratios below 15 are deemed attractive, signaling higher rental yields relative to purchase prices. The utility of the price-to-rent ratio extends beyond individual buyer or investor decisions; it also functions as a barometer for broader economic health. Housing markets with persistently high ratios may reflect an overheated market susceptible to correction, which can have far-reaching consequences for economic stability. Monitoring these ratios thus becomes imperative for policymakers and economists, who endeavor to maintain balanced growth and prevent housing crises. In terms of temporal and geographical analysis, the price-to-rent ratio exhibits significant variability. Urban areas with high demand and limited supply tend to showcase elevated ratios, often as a byproduct of rapid population growth and economic expansion. In contrast, more stable or declining areas might reveal lower ratios, indicating balanced or contracting market conditions. The COVID-19 pandemic has further underscored the importance of the price-to-rent ratio as a metric. With significant fluctuations in both rental incomes and property values due to shifting work patterns, migration trends, and economic policies, the ratio has illustrated substantial volatility, influencing decisions at every market tier. As remote work became more prevalent, certain suburban and remote areas witnessed lower ratios, attracting both buyers and renters seeking more space and affordability compared to urban centers. Furthermore, international comparisons of the price-to-rent ratio can unveil disparities driven by unique economic, cultural, and regulatory environments. For instance, markets like New York, London, and Hong Kong are known for their high ratios, reinforced by their status as global financial hubs with significant foreign investment and restricted housing supply. In contrast, areas in developing economies might exhibit lower ratios, attributable to more favorable property prices relative to rents. It is imperative for stakeholders to consider the context in which the price-to-rent ratio is evaluated. For instance, a high ratio in a city known for its high standards of living, such as San Francisco, could still make financial sense due to factors like long-term appreciation and quality of life benefits. Additionally, the ratio must be interpreted alongside other economic indicators, such as income growth, interest rates, and employment statistics, to derive a comprehensive assessment of the market's condition. Additionally, the interplay between the price-to-rent ratio and inflation cannot be overlooked. Rising inflation tends to influence both property values and rental prices, though not uniformly. While property prices might adjust more gradually due to the relatively illiquid nature of real estate markets, rental prices can respond more swiftly to inflationary pressures. This discrepancy often causes fluctuations in the ratio, necessitating adaptive strategies among investors and policymakers. On Eulerpool, we provide in-depth, real-time data on the price-to-rent ratio across multiple jurisdictions, serving as an invaluable resource for informed decision-making. Our platform not only offers raw data but also contextualizes it within broader economic trends, ensuring that users can interpret these figures with a critical, analytical lens. Whether you are a homebuyer exploring the best time to purchase, an investor seeking to optimize your portfolio, or a policymaker aiming to gauge market stability, the tools and insights available on our platform can significantly enhance your understanding and strategy. In conclusion, the Price-to-Rent Ratio remains a cornerstone metric in the analysis of housing markets, offering salient insights that traverse individual, investment, and macroeconomic considerations. By meticulously monitoring and interpreting this ratio, stakeholders can navigate the complexities of real estate markets with a more informed, strategic approach. At Eulerpool, our commitment to providing precise and contextually rich data ensures that our users are equipped to make decisions that align with their financial goals and market expectations.

Price to Rent Ratio Spain — FAQ

What is the current Price to Rent Ratio in Spain?

The current Price to Rent Ratio in Spain is 164.53 as of 12/1/2025.

How has the Price to Rent Ratio in Spain changed recently?

The Price to Rent Ratio in Spain increased from 160.524 (9/1/2025) to 164.53 (12/1/2025).

What is the all-time high for Price to Rent Ratio in Spain?

The all-time high for Price to Rent Ratio in Spain was 164.53, recorded on 12/1/2025.

What is the all-time low for Price to Rent Ratio in Spain?

The all-time low for Price to Rent Ratio in Spain was 29.19, recorded on 12/1/1971.

What is the historical average of Price to Rent Ratio in Spain?

The historical average of Price to Rent Ratio in Spain is 91.18, calculated over the period from 3/1/1971 to 12/1/2025.

Where does the Price to Rent Ratio data for Spain come from?

The Price to Rent Ratio data for Spain is sourced from OECD and published on Eulerpool.

Key Figures

Country

Spain

Continent

Europe

Highest Value

164.53

Lowest Value

29.19

Average Value

91.18

The edge that pays for itself.

Spain Price to Rent Ratio

Price to Rent Ratio

Price to Rent Ratio

Price to Rent Ratio History

Similar Macro Indicators to Price to Rent Ratio

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Homeownership Rate

Housing Index

Housing Price Index YoY

Housing starts

Mortgage approvals

New Home Sales

Residential property prices

Price to Rent Ratio

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What is Price to Rent Ratio?

Price to Rent Ratio Spain — FAQ

Key Figures

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