Rental Yield Overview
Spain’s average gross rental yield for apartments was 5.7% in October 2026, alongside a median purchase price of €260,000 and median monthly rent of €1,200. Among the city markets, Barcelona recorded 7.3% and Madrid 5.6%, providing context for the national figure.
Gross Rental Yield Table
For apartments in Madrid, Barcelona, Valencia and Córdoba, the figures pair median purchase price and median monthly rent with annual gross rental yield. They cover studios and apartments with 1, 2, 3 or 4 or more bedrooms. In Barcelona, the median purchase price was €450,000, median monthly rent was €2,460 and average gross rental yield was 7.3%; its studios recorded an 8.1% gross rental yield.
Read each market block by area and apartment segment, then compare median purchase price, median monthly rent, and Yield (p.a.).
| Spain - Apartments Location Area / scope Property segment | COST (€) | Yield (p.a.) Yield (p.a.) | ||
|---|---|---|---|---|
| TO BUY Median Purchase Price | MONTHLY RENT MONTHLY RENT | |||
| All Spain | ||||
| Studio apartment | €169,000 | €900 | 6.4% | |
| 1-bedroom apartment | €203,370 | €1,080 | 6.4% | |
| 2-bedroom apartment | €260,000 | €1,200 | 5.5% | |
| 3-bedroom apartment | €269,000 | €1,250 | 5.6% | |
| 4+ bedroom apartment | €310,000 | €1,360 | 5.3% | |
| Median | €260,000 | €1,200 | 5.7% | |
| Madrid - Apartments Location Area / scope Property segment | COST (€) | Yield (p.a.) Yield (p.a.) | ||
| TO BUY Median Purchase Price | MONTHLY RENT MONTHLY RENT | |||
| All Madrid | ||||
| Studio apartment | €252,500 | €1,200 | 5.7% | |
| 1-bedroom apartment | €350,000 | €1,540 | 5.3% | |
| 2-bedroom apartment | €450,000 | €2,100 | 5.6% | |
| 3-bedroom apartment | €520,000 | €2,600 | 6% | |
| 4+ bedroom apartment | €840,000 | €3,000 | 4.3% | |
| Median | €473,950 | €1,950 | 5.6% | |
| Studio apartment | €275,000 | €1,250 | 5.5% | |
| 1-bedroom apartment | €365,000 | €1,600 | 5.3% | |
| 2-bedroom apartment | €692,500 | €2,400 | 4.2% | |
| 3-bedroom apartment | €930,000 | €2,950 | 3.8% | |
| 4+ bedroom apartment | €928,950 | €3,500 | 4.5% | |
| Median | €640,000 | €1,950 | 4.7% | |
| Studio apartment | €330,000 | €1,330 | 4.8% | |
| 1-bedroom apartment | €569,000 | €2,000 | 4.2% | |
| 2-bedroom apartment | €929,500 | €2,900 | 3.7% | |
| 3-bedroom apartment | €1,590,000 | €4,080 | 3.1% | |
| 4+ bedroom apartment | €1,200,000 | €4,000 | 4% | |
| Median | €1,120,000 | €2,840 | 3.7% | |
| 1-bedroom apartment | €495,000 | €1,700 | 4.1% | |
| 2-bedroom apartment | €790,000 | €2,500 | 3.8% | |
| 3-bedroom apartment | €1,215,000 | €3,580 | 3.5% | |
| 4+ bedroom apartment | €1,250,000 | €3,000 | 2.9% | |
| Median | €927,000 | €2,400 | 4% | |
| Barcelona - Apartments Location Area / scope Property segment | COST (€) | Yield (p.a.) Yield (p.a.) | ||
| TO BUY Median Purchase Price | MONTHLY RENT MONTHLY RENT | |||
| All Barcelona | ||||
| Studio apartment | €200,000 | €1,360 | 8.1% | |
| 1-bedroom apartment | €285,000 | €1,850 | 7.8% | |
| 2-bedroom apartment | €419,000 | €2,520 | 7.2% | |
| 3-bedroom apartment | €495,000 | €3,170 | 7.7% | |
| 4+ bedroom apartment | €645,000 | €3,490 | 6.5% | |
| Median | €450,000 | €2,460 | 7.3% | |
| 1-bedroom apartment | €395,000 | €2,320 | 7% | |
| 2-bedroom apartment | €582,500 | €2,920 | 6% | |
| 3-bedroom apartment | €720,000 | €3,420 | 5.7% | |
| 4+ bedroom apartment | €750,000 | €4,000 | 6.4% | |
| Median | €671,000 | €2,910 | 6.3% | |
| Studio apartment | €200,000 | €1,200 | 7.2% | |
| 1-bedroom apartment | €235,000 | €1,550 | 7.9% | |
| 2-bedroom apartment | €385,000 | €2,350 | 7.3% | |
| 3-bedroom apartment | €450,000 | €2,600 | 6.9% | |
| 4+ bedroom apartment | €499,000 | €3,000 | 7.2% | |
| Median | €368,500 | €2,000 | 7.2% | |
| 1-bedroom apartment | €273,000 | €1,640 | 7.2% | |
| 2-bedroom apartment | €340,000 | €1,800 | 6.3% | |
| 3-bedroom apartment | €379,000 | €1,860 | 5.9% | |
| Median | €360,000 | €1,750 | 6.7% | |
| Valencia - Apartments Location Area / scope Property segment | COST (€) | Yield (p.a.) Yield (p.a.) | ||
| TO BUY Median Purchase Price | MONTHLY RENT MONTHLY RENT | |||
| All Valencia | ||||
| Studio apartment | €210,000 | €1,200 | 6.9% | |
| 1-bedroom apartment | €249,000 | €1,300 | 6.3% | |
| 2-bedroom apartment | €299,000 | €1,550 | 6.2% | |
| 3-bedroom apartment | €320,000 | €1,650 | 6.2% | |
| 4+ bedroom apartment | €380,000 | €1,800 | 5.7% | |
| Median | €325,000 | €1,600 | 6.2% | |
| 2-bedroom apartment | €340,000 | €1,500 | 5.3% | |
| 3-bedroom apartment | €350,000 | €1,700 | 5.8% | |
| 4+ bedroom apartment | €350,000 | €1,800 | 6.2% | |
| Median | €340,000 | €1,510 | 5.9% | |
| 1-bedroom apartment | €255,000 | €1,200 | 5.6% | |
| 2-bedroom apartment | €322,500 | €1,500 | 5.6% | |
| 3-bedroom apartment | €289,000 | €1,500 | 6.2% | |
| 4+ bedroom apartment | €369,000 | €1,700 | 5.5% | |
| Median | €294,950 | €1,500 | 6.1% | |
| 1-bedroom apartment | €300,000 | €1,400 | 5.6% | |
| 2-bedroom apartment | €380,000 | €1,800 | 5.7% | |
| 3-bedroom apartment | €630,000 | €2,450 | 4.7% | |
| 4+ bedroom apartment | €780,000 | €2,200 | 3.4% | |
| Median | €480,000 | €1,700 | 5.3% | |
| Córdoba - Apartments Location Area / scope Property segment | COST (€) | Yield (p.a.) Yield (p.a.) | ||
| TO BUY Median Purchase Price | MONTHLY RENT MONTHLY RENT | |||
| All Córdoba | ||||
| Studio apartment | €119,500 | €630 | 6.3% | |
| 1-bedroom apartment | €128,250 | €650 | 6.1% | |
| 2-bedroom apartment | €159,500 | €800 | 6% | |
| 3-bedroom apartment | €173,000 | €820 | 5.7% | |
| 4+ bedroom apartment | €289,000 | €1,000 | 4.2% | |
| Median | €175,000 | €790 | 5.7% | |
| 1-bedroom apartment | €148,000 | €680 | 5.5% | |
| 2-bedroom apartment | €185,000 | €800 | 5.2% | |
| 3-bedroom apartment | €204,000 | €850 | 5% | |
| 4+ bedroom apartment | €356,500 | €950 | 3.2% | |
| Median | €199,900 | €800 | 5.2% | |
| 3-bedroom apartment | €149,900 | €730 | 5.8% | |
| Median | €148,500 | €700 | 5.7% | |
| 2-bedroom apartment | €181,500 | €720 | 4.7% | |
| 3-bedroom apartment | €179,000 | €780 | 5.2% | |
| 4+ bedroom apartment | €219,000 | €950 | 5.2% | |
| Median | €180,000 | €800 | 5.3% | |
| Seville - Apartments Location Area / scope Property segment | COST (€) | Yield (p.a.) Yield (p.a.) | ||
| TO BUY Median Purchase Price | MONTHLY RENT MONTHLY RENT | |||
| All Seville | ||||
| Studio apartment | €198,000 | €790 | 4.8% | |
| 1-bedroom apartment | €215,000 | €900 | 5% | |
| 2-bedroom apartment | €254,000 | €1,100 | 5.2% | |
| 3-bedroom apartment | €273,500 | €1,100 | 4.8% | |
| 4+ bedroom apartment | €466,300 | €1,400 | 3.6% | |
| Median | €280,000 | €1,100 | 5.2% | |
| Studio apartment | €183,000 | €850 | 5.6% | |
| 1-bedroom apartment | €259,000 | €930 | 4.3% | |
| 2-bedroom apartment | €370,000 | €1,200 | 3.9% | |
| 3-bedroom apartment | €485,000 | €1,300 | 3.2% | |
| 4+ bedroom apartment | €550,000 | €1,300 | 2.8% | |
| Median | €390,000 | €1,100 | 4% | |
| 2-bedroom apartment | €119,000 | €850 | 8.6% | |
| 3-bedroom apartment | €168,000 | €950 | 6.8% | |
| Median | €160,000 | €950 | 7.3% | |
| 2-bedroom apartment | €385,000 | €1,250 | 3.9% | |
| 3-bedroom apartment | €400,000 | €1,200 | 3.6% | |
| 4+ bedroom apartment | €519,000 | €1,550 | 3.6% | |
| Median | €420,000 | €1,250 | 4.1% | |
| Alicante - Apartments Location Area / scope Property segment | COST (€) | Yield (p.a.) Yield (p.a.) | ||
| TO BUY Median Purchase Price | MONTHLY RENT MONTHLY RENT | |||
| All Alicante | ||||
| Studio apartment | €172,000 | €850 | 5.9% | |
| 1-bedroom apartment | €210,000 | €1,000 | 5.7% | |
| 2-bedroom apartment | €265,000 | €1,290 | 5.8% | |
| 3-bedroom apartment | €235,000 | €1,400 | 7.1% | |
| 4+ bedroom apartment | €323,500 | €1,400 | 5.2% | |
| Median | €258,000 | €1,290 | 6.5% | |
| 1-bedroom apartment | €257,500 | €1,100 | 5.1% | |
| 2-bedroom apartment | €357,500 | €1,500 | 5% | |
| 3-bedroom apartment | €398,000 | €1,500 | 4.5% | |
| 4+ bedroom apartment | €533,000 | €1,550 | 3.5% | |
| Median | €399,000 | €1,500 | 4.8% | |
| 1-bedroom apartment | €199,000 | €900 | 5.4% | |
| 2-bedroom apartment | €199,300 | €1,100 | 6.6% | |
| 3-bedroom apartment | €195,000 | €1,200 | 7.4% | |
| 4+ bedroom apartment | €199,970 | €1,300 | 7.8% | |
| Median | €196,000 | €1,100 | 6.6% | |
| 1-bedroom apartment | €275,000 | €1,050 | 4.6% | |
| 2-bedroom apartment | €399,900 | €1,400 | 4.2% | |
| 3-bedroom apartment | €446,500 | €1,600 | 4.3% | |
| Median | €425,000 | €1,400 | 4.5% | |
| Palma de Mallorca - Apartments Location Area / scope Property segment | COST (€) | Yield (p.a.) Yield (p.a.) | ||
| TO BUY Median Purchase Price | MONTHLY RENT MONTHLY RENT | |||
| All Palma de Mallorca | ||||
| Studio apartment | €225,750 | €1,330 | 7% | |
| 1-bedroom apartment | €395,000 | €1,550 | 4.7% | |
| 2-bedroom apartment | €575,000 | €1,980 | 4.1% | |
| 3-bedroom apartment | €567,000 | €2,500 | 5.3% | |
| 4+ bedroom apartment | €612,500 | €2,900 | 5.7% | |
| Median | €550,000 | €2,000 | 4.9% | |
| 1-bedroom apartment | €450,000 | €1,750 | 4.7% | |
| 2-bedroom apartment | €765,000 | €2,150 | 3.4% | |
| 3-bedroom apartment | €739,000 | €2,500 | 4.1% | |
| 4+ bedroom apartment | €849,500 | €2,700 | 3.8% | |
| Median | €688,000 | €2,300 | 4.2% | |
| 1-bedroom apartment | €525,000 | €1,550 | 3.5% | |
| 2-bedroom apartment | €827,000 | €2,100 | 3% | |
| 3-bedroom apartment | €895,000 | €2,780 | 3.7% | |
| 4+ bedroom apartment | €1,100,000 | €3,500 | 3.8% | |
| Median | €795,000 | €2,000 | 3.7% | |
| 2-bedroom apartment | €448,000 | €1,600 | 4.3% | |
| 3-bedroom apartment | €499,000 | €1,960 | 4.7% | |
| Median | €499,000 | €1,900 | 4.9% | |
| Murcia - Apartments Location Area / scope Property segment | COST (€) | Yield (p.a.) Yield (p.a.) | ||
| TO BUY Median Purchase Price | MONTHLY RENT MONTHLY RENT | |||
| All Murcia | ||||
| Studio apartment | €114,500 | €650 | 6.8% | |
| 1-bedroom apartment | €143,000 | €690 | 5.8% | |
| 2-bedroom apartment | €170,000 | €830 | 5.8% | |
| 3-bedroom apartment | €195,000 | €900 | 5.5% | |
| 4+ bedroom apartment | €298,500 | €1,180 | 4.7% | |
| Median | €190,000 | €900 | 5.7% | |
| 1-bedroom apartment | €193,500 | €750 | 4.7% | |
| 2-bedroom apartment | €278,750 | €850 | 3.7% | |
| 3-bedroom apartment | €342,200 | €950 | 3.3% | |
| 4+ bedroom apartment | €420,000 | €1,200 | 3.4% | |
| Median | €309,100 | €900 | 4% | |
| 1-bedroom apartment | €152,000 | €740 | 5.8% | |
| 2-bedroom apartment | €160,000 | €900 | 6.8% | |
| 3-bedroom apartment | €220,000 | €950 | 5.2% | |
| 4+ bedroom apartment | €395,000 | €1,200 | 3.6% | |
| Median | €220,000 | €970 | 5.2% | |
| 2-bedroom apartment | €140,000 | €700 | 6% | |
| 3-bedroom apartment | €159,950 | €760 | 5.7% | |
| Median | €155,000 | €750 | 6.4% | |
| Málaga - Apartments Location Area / scope Property segment | COST (€) | Yield (p.a.) Yield (p.a.) | ||
| TO BUY Median Purchase Price | MONTHLY RENT MONTHLY RENT | |||
| All Málaga | ||||
| Studio apartment | €210,000 | €1,000 | 5.7% | |
| 1-bedroom apartment | €265,000 | €1,100 | 5% | |
| 2-bedroom apartment | €339,000 | €1,390 | 4.9% | |
| 3-bedroom apartment | €359,000 | €1,500 | 5% | |
| 4+ bedroom apartment | €535,000 | €1,800 | 4% | |
| Median | €349,000 | €1,350 | 5.1% | |
| Studio apartment | €245,000 | €1,150 | 5.6% | |
| 1-bedroom apartment | €298,500 | €1,200 | 4.8% | |
| 2-bedroom apartment | €377,000 | €1,400 | 4.5% | |
| 3-bedroom apartment | €440,000 | €1,700 | 4.6% | |
| 4+ bedroom apartment | €622,000 | €1,900 | 3.7% | |
| Median | €400,000 | €1,390 | 4.7% | |
| 1-bedroom apartment | €338,250 | €1,300 | 4.6% | |
| 2-bedroom apartment | €367,000 | €1,500 | 4.9% | |
| 3-bedroom apartment | €312,500 | €1,490 | 5.7% | |
| Median | €340,000 | €1,430 | 5.2% | |
| 1-bedroom apartment | €220,000 | €990 | 5.4% | |
| 2-bedroom apartment | €299,000 | €1,250 | 5% | |
| 3-bedroom apartment | €299,000 | €1,250 | 5% | |
| 4+ bedroom apartment | €420,000 | €1,600 | 4.6% | |
| Median | €299,000 | €1,200 | 5.2% | |
| Marbella - Apartments Location Area / scope Property segment | COST (€) | Yield (p.a.) Yield (p.a.) | ||
| TO BUY Median Purchase Price | MONTHLY RENT MONTHLY RENT | |||
| All Marbella | ||||
| Studio apartment | €310,000 | €1,200 | 4.6% | |
| 1-bedroom apartment | €395,000 | €1,500 | 4.6% | |
| 2-bedroom apartment | €550,000 | €2,250 | 4.9% | |
| 3-bedroom apartment | €759,980 | €3,000 | 4.7% | |
| 4+ bedroom apartment | €740,000 | €4,400 | 7.1% | |
| Median | €634,950 | €2,500 | 4.8% | |
| 1-bedroom apartment | €656,000 | €1,700 | 3.1% | |
| 2-bedroom apartment | €587,500 | €2,390 | 4.9% | |
| 3-bedroom apartment | €795,000 | €3,200 | 4.8% | |
| 4+ bedroom apartment | €940,000 | €5,000 | 6.4% | |
| Median | €656,000 | €2,600 | 4.9% | |
| 1-bedroom apartment | €370,000 | €1,450 | 4.7% | |
| 2-bedroom apartment | €490,000 | €2,000 | 4.9% | |
| 3-bedroom apartment | €575,000 | €2,800 | 5.8% | |
| Median | €490,000 | €2,000 | 5.1% | |
| 2-bedroom apartment | €520,000 | €2,100 | 4.8% | |
| 3-bedroom apartment | €650,000 | €2,930 | 5.4% | |
| Median | €599,000 | €2,500 | 5.3% | |
| Tenerife island - Apartments Location Area / scope Property segment | COST (€) | Yield (p.a.) Yield (p.a.) | ||
| TO BUY Median Purchase Price | MONTHLY RENT MONTHLY RENT | |||
| All Tenerife island | ||||
| Studio apartment | €207,000 | €900 | 5.2% | |
| 1-bedroom apartment | €265,000 | €1,100 | 5% | |
| 2-bedroom apartment | €330,000 | €1,300 | 4.7% | |
| 3-bedroom apartment | €330,000 | €1,400 | 5.1% | |
| 4+ bedroom apartment | €385,000 | €1,500 | 4.7% | |
| Median | €294,980 | €1,200 | 5% | |
| Torrevieja - Apartments Location Area / scope Property segment | COST (€) | Yield (p.a.) Yield (p.a.) | ||
| TO BUY Median Purchase Price | MONTHLY RENT MONTHLY RENT | |||
| All Torrevieja | ||||
| Studio apartment | €105,000 | €640 | 7.3% | |
| 1-bedroom apartment | €132,600 | €700 | 6.3% | |
| 2-bedroom apartment | €172,900 | €890 | 6.2% | |
| 3-bedroom apartment | €230,000 | €1,100 | 5.7% | |
| 4+ bedroom apartment | €264,450 | €1,350 | 6.1% | |
| Median | €181,700 | €850 | 6.2% | |
| Studio apartment | €100,000 | €620 | 7.4% | |
| 1-bedroom apartment | €130,000 | €700 | 6.5% | |
| 2-bedroom apartment | €166,300 | €850 | 6.1% | |
| 3-bedroom apartment | €219,900 | €1,100 | 6% | |
| Median | €175,950 | €850 | 6.3% | |
| 1-bedroom apartment | €129,900 | €740 | 6.8% | |
| 2-bedroom apartment | €149,900 | €850 | 6.8% | |
| 3-bedroom apartment | €210,000 | €1,250 | 7.1% | |
| Median | €165,000 | €850 | 6.9% | |
| 2-bedroom apartment | €159,900 | €800 | 6% | |
| 3-bedroom apartment | €217,000 | €1,100 | 6.1% | |
| Median | €169,990 | €850 | 6.2% | |
| Source: BestYieldFinder analysis of apartment median asking rent and apartment median listing price inputs. Yields are gross before taxes, repairs, management fees, vacancy, financing, and other ownership costs. | ||||
Historical Rental Yields in Spain
Over the 1 year from November 2025 to October 2026, the monthly gross rental yield for apartments was 6.5% at the start and 5.7% at the end. The October figure was unchanged from September 2026. The series shows a smaller gross rental yield at the end of the period than at its start.
Nov 2025 to Oct 2026: Oct 2026 5.7% (0% vs. Sep 2026).
Average Yields by Market
Average gross apartment rental yields across the selected locations range from 4.8% in Marbella to 7.3% in Barcelona. Madrid recorded 5.6%, while Valencia and Torrevieja each recorded 6.2%. The accompanying median purchase prices and median monthly rents give each yield a local price-and-rent context.
Selected public markets are compared by average gross rental yield.
Cities and Areas Compared
Selected markets span Madrid, Barcelona, Valencia, Córdoba, Seville, Alicante, Palma de Mallorca, Murcia, Málaga, Marbella and Torrevieja, alongside Tenerife island. They provide comparisons of average gross apartment rental yields, median purchase prices and median monthly rents across cities and an island location with different price and rent levels.
Continue Researching Spain
Continue from the Spain yield table into public BestYieldFinder city markets and related country reports.
Location pages
Related country reports
Methodology
This report uses BestYieldFinder monthly country, city, region, and selected district report data for Spain, with apartments as the only comparison segment.
Apartment median monthly rent and apartment median purchase price are used to calculate gross rental yield.
Values are based on asking rent and listing price inputs. Net yields may be lower after taxes, repairs, management, vacancy, financing, and other ownership costs.
(Median Monthly Rent x 12) / Median Purchase Price x 100
Gross Rental Yield
YgrossAnnual rent divided by purchase price, shown as a percentage.
Median Rent
RmedTypical monthly asking rent in the selected market and segment.
Median Purchase Price
PmedTypical asking sale price in the selected market and segment.