This statistic illustrates the share of household income required to rent a property in the least affordable municipalities of Spain in the second quarter of 2018. The capital city of Ibiza topped the list of the least affordable properties to rent, with households hypothetically requiring over 162 percent of their full income to pay off the rent. Located in the Andalusian province of Malaga, Marbella ranked second on the list, with over 156 percent of the full household income. Most of the towns in this statistic also appeared on the list of least affordable areas to purchase a home in Spain. In contrast, the most affordable area to purchase a home in Spain that year was located in Andalusia. Furthermore, the central region of Castile-La Mancha appeared several times on the list of most affordable rents in Spain.
Least affordable municipalities to rent a property in Spain in the 2nd quarter of 2018, by share of household income contribution
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Mitula Group. (May 9, 2019). Least affordable municipalities to rent a property in Spain in the 2nd quarter of 2018, by share of household income contribution [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1005445/least-affordable-areas-in-spain-to-rent-a-house/
Mitula Group. "Least affordable municipalities to rent a property in Spain in the 2nd quarter of 2018, by share of household income contribution." Chart. May 9, 2019. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1005445/least-affordable-areas-in-spain-to-rent-a-house/
Mitula Group. (2019). Least affordable municipalities to rent a property in Spain in the 2nd quarter of 2018, by share of household income contribution. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1005445/least-affordable-areas-in-spain-to-rent-a-house/
Mitula Group. "Least Affordable Municipalities to Rent a Property in Spain in The 2nd Quarter of 2018, by Share of Household Income Contribution." Statista, Statista Inc., 9 May 2019, https://www.statista.com/statistics/1005445/least-affordable-areas-in-spain-to-rent-a-house/
Mitula Group, Least affordable municipalities to rent a property in Spain in the 2nd quarter of 2018, by share of household income contribution Statista, https://www.statista.com/statistics/1005445/least-affordable-areas-in-spain-to-rent-a-house/ (last visited November 21, 2024)
Least affordable municipalities to rent a property in Spain in the 2nd quarter of 2018, by share of household income contribution [Graph], Mitula Group, May 9, 2019. [Online]. Available: https://www.statista.com/statistics/1005445/least-affordable-areas-in-spain-to-rent-a-house/