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Why Palma is expensive — and what could be done now

Rent in Palma: Why Housing Takes Such a Large Share of Income

Rent in Palma is a major cost driver, with central apartments often far above the Spanish average.

Published: April 22, 2026
Why Palma is expensive — and what could be done now

Answer

How much does rent cost in Palma right now?

Rent in Palma is one of the biggest reasons local budgets are under strain. In central areas, average family apartments can be far above the Spanish average, and examples of around €2,100 a month for a 90-square-meter flat have been reported. For many residents, that leaves very little room for other expenses.

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