Rent in Alcorcón vs Palma

Madrid · Comunidad de MadridIlles 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

INE

Official source

Instituto Nacional de Estadística

Organismo estadístico oficial del Estado español

www.ine.es View source →