Rent in Albacete vs Palma
Albacete · Castilla-La Mancha — Illes Balears · Illes Balears · INE data 2026
Renting in Albacete is 43% cheaper than in Palma. The difference is €355/month — a saving of €4,260 per year.
€464/month in Albacete vs €819/month in Palma. National average: €648/month.
Context
Albacete (Castilla-La Mancha) and Palma (Illes Balears) represent two rental markets from different Spanish autonomous communities. Albacete is the more affordable option, saving €355/month compared to Palma. Unemployment in Albacete (11.6%) is higher than in Palma (4.3%), which may affect rental demand and purchasing power. On the rent trend, Palma records an annual change of +3.4%, the more pronounced of the two.
Estimated rent
Albacete
464€/month
Palma
819€/month
Annual change
Albacete
+2.4%
Palma
+3.4%
INE index (base 2015=100)
Albacete
116.0
Palma
126.0
vs national average
Albacete
-184€
Palma
+171€
Population
Albacete
175,400
Palma
434,786
Per capita income
Albacete
14,611€
Palma
16,181€
Rent-to-income ratio
Albacete
38.1%
Palma
60.7%
Where is it better to rent?
In terms of rent, Albacete is the more affordable option at €464/month, 43% less than Palma (€819/month). Living in Albacete saves €4,260 per year compared to Palma.
Albacete
Albacete · Castilla-La Mancha
464€/month
View full profile →
Palma
Illes Balears · Illes Balears
819€/month
View full profile →
Cost of living guides
More comparisons with Albacete
Official source
Instituto Nacional de Estadística
Organismo estadístico oficial del Estado español
www.ine.es View source →