Rent in shared apartments is 20.22% more expensive than ten years ago.

Renting a room in a shared apartment in Spain has become more expensive by 20.22% in the last ten years, according to a study carried out by the real estate portal pozos.com with data from the rental search platform pozoscompartidos.com.

The average rent to pay for a room in a shared apartment is 414.91 euros this year, compared to the 345.12 euros that were paid on average per month ten years ago. The growth compared to 2022, when the rental price was 413.45 euros per month, has been 0.35%.

Ferran Font, director of Estudios depósitos.com, has pointed out that the increase in prices is compounded by the problem of reduced supply. Furthermore, he emphasizes that although the approval of the Housing Law caused many owners to resort to renting, the supply continues to be insufficient.

Most of the tenants are young.

The expert indicates that “while Madrid and Barcelona concentrate 35% of the demand, these cities only accumulate 19% of the supply.” Likewise, he affirms that the current situation is making it more difficult for young people to emancipate themselves.

“The alternative offered by residences or residence halls may even be more economically attractive than sharing a flat, but for tenants over a certain age this is the only option, and it is not usually sought, but rather accepted because the financial institutions do not have personalities. They give more,” he explains.

On the other hand, the data from the report reveal that, in terms of gender, 54.89% of future tenants are women, compared to 45.11% men. The largest age group is between 18 and 25 years old (51.05%), followed by the interval between 26 and 35 years old (29.34%).

For their part, tenants between 36 and 45 years old represent 10.97% of the demand and those between 46 and 60 years old represent 6.56%. Finally, those over 60 are the smallest group: 2.08%.

33% of shared apartments are in Madrid, Barcelona and Valencia.

According to the report, 32.91% of shared apartments are distributed between Madrid (16.9%), Barcelona (16.01%) and Valencia (7.75%). If it is expanded to 10 provinces, the percentage of apartments would reach 66.23%. Regarding the distribution of demand, they are the provinces of Madrid (21.95%), Barcelona (21.84%), Seville (7.10%), Valencia (5.13%), Malaga (4.61%). those that bring together 60.63% of the tenants looking for a room.

As for provincial capitals, five of them bring together 30.74% of the supply of apartments with rooms for rent: Madrid (9.82%), Barcelona (8.97%), Valencia (4.93%), Seville (3.54%) and Granada (3.46%). On the other hand, the proportion of tenants looking for an apartment in Madrid (18.1%), Barcelona (17.25%), Seville (6.56%), Valencia (4.37%) and Málaga (3.57% ) represents 49.84%.

Likewise, in terms of profiles, apartments.com explains that when taking as reference the 10 provinces with the highest concentration of demand and analyzing its distribution based on sex, there is a superiority of the female gender in all of them.

Granada has been the province with the most women (60.32%) and the least men (39.68%), while Las Palmas has the lowest amount of female demand (49.74%) and the highest amount of male demand (50.26%). %).

By age, in the 10 provinces with the most demand, the dominant age group is between 18 and 25 years old, except in the Balearic Islands, where the most numerous tenants are those between 26 and 35 years old.

The maximum and minimum in the group of the youngest are located in Granada (65.34%) and in the Balearic Islands (34.54%). Tenants over 60 years old are most represented in Vizcaya (3.71%), while Barcelona (1.39%) is where their presence is scarcer.

Barcelona, ​​the most expensive to share

Finally, apartments.com details that the provincial capital in which it is most expensive to share a flat is Barcelona (645.42 euros per month), followed by Madrid (534.21 euros per month), San Sebastián (517.86 euros per month), Valencia (470.93 euros) and Palma (462.06 euros).

As for the cheapest, the list is headed by Ciudad Real (154 euros per month), followed by Palencia (194.29 euros per month), Badajoz (226.75 euros per month), Jaén (233.17 euros per month) and Cáceres. (235.17 euros per month).

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