Rent in Palma vs València
Illes Balears · Illes Balears — Valencia/València · Comunitat Valenciana · INE data 2026
Renting in València is 16% cheaper than in Palma. The difference is €110/month — a saving of €1,320 per year.
€819/month in Palma vs €709/month in València. National average: €648/month.
Context
Palma (Illes Balears) and València (Comunitat Valenciana) represent two rental markets from different Spanish autonomous communities. València is the more affordable option, saving €110/month compared to Palma. On the rent trend, València records an annual change of +4.5%, the more pronounced of the two.
Estimated rent
Palma
819€/month
València
709€/month
Annual change
Palma
+3.4%
València
+4.5%
INE index (base 2015=100)
Palma
126.0
València
128.9
vs national average
Palma
+171€
València
+61€
Population
Palma
434,786
València
840,792
Per capita income
Palma
16,181€
València
16,121€
Rent-to-income ratio
Palma
60.7%
València
52.8%
Where is it better to rent?
In terms of rent, València is the more affordable option at €709/month, 16% less than Palma (€819/month). Living in València saves €1,320 per year compared to Palma.
Palma
Illes Balears · Illes Balears
819€/month
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València
Valencia/València · Comunitat Valenciana
709€/month
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Cost of living guides
More comparisons with Palma
Official source
Instituto Nacional de Estadística
Organismo estadístico oficial del Estado español
www.ine.es View source →