Rent in Málaga in 2024: where prices rose most and where it is still cheaper

· imowiki

The median rent in Málaga was €9.55 per m² per month in 2024, across 11 districts ranging from €8.95 to €12.62. That is 27% more than in 2020.

Most expensive

DistrictRent €/m²2-bedroom (~75 m²)
La Merced – San Felipe Neri€12.62≈ €946
Centro Histórico€12.48≈ €936
Ensanche Centro – Soho€12.04≈ €903
Lagunillas – La Victoria€10.66≈ €800
Málaga Este€10.63≈ €797

Cheapest

DistrictRent €/m²2-bedroom (~75 m²)
El Perchel – Huelin€8.95≈ €671
Bailén-Miraflores – Palma-Palmilla – Puerto de la Torre€9.15≈ €686
Teatinos – Cruz de Humilladero – Campanillas€9.32≈ €699
Ciudad Jardín€9.42≈ €707
Churriana€9.44≈ €708

Biggest rises since 2020

District20202024Change
Ensanche Centro – Soho€9.23€12.04+30%
Ciudad Jardín€7.30€9.42+29%
Teatinos – Cruz de Humilladero – Campanillas€7.25€9.32+29%
Bailén-Miraflores – Palma-Palmilla – Puerto de la Torre€7.16€9.15+28%
Málaga Este€8.36€10.63+27%
City median (Málaga)Ensanche Centro – Soho
6810121420202021202220232024202512.049.55
Median monthly rent per m² of flats, all declared leases. Source: Spanish Ministry of Housing (SERPAVI, tax data).

Smallest rises since 2020

DistrictChange
Centro Histórico+21%
La Merced – San Felipe Neri+22%
Lagunillas – La Victoria+24%
Carretera de Cádiz+25%
Churriana+26%

What a 2-bedroom (75 m²) costs

At the Málaga figure a 75 m² flat costs about €716 a month. In the cheapest area it is about €671, in the most expensive about €946.

How we calculate this

Median monthly rent per m² of flats, all declared leases. Source: Spanish Ministry of Housing (SERPAVI, tax data). Estimate = district median × size. Real prices depend on the building, floor and condition, and new contracts usually cost more than the median of all leases.

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