Rent in Alcorcón vs Palma
Madrid · Comunidad de Madrid — Illes Balears · Illes Balears · INE data 2026
Renting in Palma is 22% cheaper than in Alcorcón. The difference is €178/month — a saving of €2,136 per year.
€997/month in Alcorcón vs €819/month in Palma. National average: €648/month.
Context
Alcorcón (Comunidad de Madrid) and Palma (Illes Balears) represent two rental markets from different Spanish autonomous communities. Palma is the more affordable option, saving €178/month compared to Alcorcón. Unemployment in Alcorcón (7.4%) 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
Alcorcón
997€/month
Palma
819€/month
Annual change
Alcorcón
+2.1%
Palma
+3.4%
INE index (base 2015=100)
Alcorcón
117.3
Palma
126.0
vs national average
Alcorcón
+349€
Palma
+171€
Population
Alcorcón
175,719
Palma
434,786
Per capita income
Alcorcón
15,667€
Palma
16,181€
Rent-to-income ratio
Alcorcón
76.4%
Palma
60.7%
Where is it better to rent?
In terms of rent, Palma is the more affordable option at €819/month, 22% less than Alcorcón (€997/month). Living in Palma saves €2,136 per year compared to Alcorcón.
Alcorcón
Madrid · Comunidad de Madrid
997€/month
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Palma
Illes Balears · Illes Balears
819€/month
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Cost of living guides
More comparisons with Alcorcón
Official source
Instituto Nacional de Estadística
Organismo estadístico oficial del Estado español
www.ine.es View source →