Spain

SpainPrice/rent

Spain first; euro area, France, Italy, Portugal, United Kingdom and United States alongside.

168.9

+4.3 (+2.6%)

As of 2026 Q1 | index

Latest
168.9 2026 Q1
Previous
164.6 2025 Q4
Min
29.2 1971 Q4
Max
168.9 2026 Q1
PeriodValue
2026 Q1168.9
2025 Q4164.6
2025 Q3160.5
2025 Q2157.1
2025 Q1153.5
2024 Q4149.4
2024 Q3145.6
2024 Q2142.7
2024 Q1140.0
2023 Q4137.3
2023 Q3137.5
2023 Q2135.2
2023 Q1134.3
2022 Q4134.2
2022 Q3134.2
2022 Q2133.2
2022 Q1132.3
2021 Q4129.5
2021 Q3126.6
2021 Q2124.8
2021 Q1122.8
2020 Q4122.5
2020 Q3122.2
2020 Q2121.7
#CountryPrice/rentChangePeriod
1Portugal207.4+5.0 (+2.5%)2026-03
5Spain168.9+4.3 (+2.6%)2026-0320United States133.2+0.5 (+0.4%)2024-1222Euro area130.2+0.9 (+0.7%)2025-1233France114.9+0.1 (+0.1%)2026-0335United Kingdom110.1−0.5 (−0.5%)2026-0339Italy103.5+0.3 (+0.3%)2025-12

What the price-to-rent ratio is

The OECD price-to-rent ratio compares nominal house prices with the rent-price index. A higher reading means purchase prices have outpaced rents relative to the index history. Latest: 168.9 in 2026 Q1.

This is an index of prices versus rents, not a typical asking rent and not a purchase price. From 1971 Q1 to 2026 Q1 (221 quarters): latest 168.9 (2026 Q1), previous 164.6 (2025 Q4); low 29.2 (1971 Q4), high 168.9 (2026 Q1).

Source: OECD Analytical House Prices. Licence: OECD data; attribution required (terms).