Key facts
- The average share of salary spent on rent in Spain has increased by 12 percentage points since 2019.
- Spaniards currently dedicate approximately 50% of their income to rent.
- In Madrid and Catalonia, residents spend as much as 70% of their salaries on rent.
A recent study by a property portal has revealed a significant increase in the cost of housing for Spaniards. The average share of an individual's salary dedicated to rent has risen by 12 percentage points since 2019, reaching an average of 50% of income. The burden is particularly acute in major regions, with residents in Madrid and Catalonia reporting that they spend up to 70% of their salaries on rent. This trend highlights a growing housing affordability crisis in Spain.