Rent in Murcia vs Palma
Murcia · Región de Murcia — Illes Balears · Illes Balears · INE data 2026
Renting in Murcia is 32% cheaper than in Palma. The difference is €263/month — a saving of €3,156 per year.
€556/month in Murcia vs €819/month in Palma. National average: €648/month.
Context
Murcia (Región de Murcia) and Palma (Illes Balears) represent two rental markets from different Spanish autonomous communities. Murcia is the more affordable option, saving €263/month compared to Palma. Unemployment in Murcia (10%) is higher than in Palma (4.3%), which may affect rental demand and purchasing power.
Estimated rent
Murcia
556€/month
Palma
819€/month
Annual change
Murcia
+2.8%
Palma
+3.4%
INE index (base 2015=100)
Murcia
120.9
Palma
126.0
vs national average
Murcia
-92€
Palma
+171€
Population
Murcia
479,405
Palma
434,786
Per capita income
Murcia
13,906€
Palma
16,181€
Rent-to-income ratio
Murcia
48%
Palma
60.7%
Where is it better to rent?
In terms of rent, Murcia is the more affordable option at €556/month, 32% less than Palma (€819/month). Living in Murcia saves €3,156 per year compared to Palma.
Murcia
Murcia · Región de Murcia
556€/month
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Palma
Illes Balears · Illes Balears
819€/month
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Cost of living guides
More comparisons with Murcia
Official source
Instituto Nacional de Estadística
Organismo estadístico oficial del Estado español
www.ine.es View source →