Rent in Palma vs Parla
Illes Balears · Illes Balears — Madrid · Comunidad de Madrid · INE data 2026
Renting in Palma is 20% cheaper than in Parla. The difference is €205/month — a saving of €2,460 per year.
€819/month in Palma vs €1024/month in Parla. National average: €648/month.
Context
Palma (Illes Balears) and Parla (Comunidad de Madrid) represent two rental markets from different Spanish autonomous communities. Palma is the more affordable option, saving €205/month compared to Parla. Unemployment in Parla (9.4%) 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
Palma
819€/month
Parla
1024€/month
Annual change
Palma
+3.4%
Parla
+1.9%
INE index (base 2015=100)
Palma
126.0
Parla
120.4
vs national average
Palma
+171€
Parla
+376€
Population
Palma
434,786
Parla
137,471
Per capita income
Palma
16,181€
Parla
11,522€
Rent-to-income ratio
Palma
60.7%
Parla
106.6%
Where is it better to rent?
In terms of rent, Palma is the more affordable option at €819/month, 20% less than Parla (€1024/month). Living in Palma saves €2,460 per year compared to Parla.
Palma
Illes Balears · Illes Balears
819€/month
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Parla
Madrid · Comunidad de Madrid
1024€/month
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Cost of living guides
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Official source
Instituto Nacional de Estadística
Organismo estadístico oficial del Estado español
www.ine.es View source →