Palma
Spain · 5 districts
Palma, the capital of Mallorca, is divided into 5 districts, from the old town around the Cathedral to the beach resorts of Platja de Palma. Tourism puts strong pressure on housing. The rents below are the median of all leases declared to the Spanish tax office, old and new, so new contracts usually cost noticeably more.
Rent map
- Within budget
- Up to 10% over
- Over budget
Rent €/m²
- 8.72–9.09
- 9.09–10.89
- 10.89–11.02
- 11.02–11.63
- 11.63
Median rent per m² of all declared leases. Hover a district for details, click to open it.
Estimate = average or median rent per m² × size. Real listings vary.
All districts
Sorted by median rent of all declared leases (2024).
| District | Rent €/m² |
|---|---|
| Centre | 11.63 |
| Platja de Palma | 11.02 |
| Ponent | 10.89 |
| Nord | 9.09 |
| Llevant | 8.72 |
Source: Ministerio de Vivienda y Agenda Urbana – SERPAVI (datos tributarios)
Rent since 2020
The median rent in Palma rose 22% between 2020 and 2024.
Biggest rises since 2020
| District | 2020 | 2024 | Change |
|---|---|---|---|
| Nord | 7.36 | 9.09 | +24% |
| Llevant | 7.14 | 8.72 | +22% |
| Centre | 9.54 | 11.63 | +22% |
| Ponent | 8.96 | 10.89 | +22% |
| Platja de Palma | 9.15 | 11.02 | +20% |
More cities in Spain
- Barcelona €16.67/m²
- Madrid €13.97/m²
- Valencia €8.18/m²
- Zaragoza €7.72/m²
- Valladolid €6.76/m²
- Seville €9.17/m²
- Málaga €9.55/m²
- Bilbao €11.51/m²
- Las Palmas de Gran Canaria €8.10/m²