400 euros and 100 square meters

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If buying a house in Valencia has become an almost impossible mission, rent it is not left behind. Skyrocketing prices, multiple demands and the impossibility of starting a life alone for young people are part of the concerns of an entire generation that longs for a place where they can continue growing and burning through stages.

The weighted average rental pressure in Spain, the relationship between the demand of those seeking to rent a home over the supply of available properties, stood at 50 in the first quarter, which indicates that each offer of rental housing received within a period in ten days an average of 50 contacts to occupy it.

As stated in the first ‘Rental Barometer‘ prepared by Seguro Rental and the Rey Juan Carlos University, this “high” value is intensified in provinces such as the Balearic Islands (142), Santa Cruz de Tenerife (104) or Barcelona (101), where the figures warn of a “very worrying”. As for Valencia, five years ago it was at 11, that is, normal pressure, and in the first quarter of the year it was at 63a very high pressure.

According to the latest report published by the Idealista real estate portal, the average price per square meter in the province of Valencia for a house for rent is located at 11.3 euros; a figure that has increased substantially by 17.6% compared to March 2023. However, municipalities can still be found with values ​​below half.

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It is the case of Ontinyentlocated one hour from Valencia by car and with a census of 36,194 inhabitants according to the INE, which has been positioned as the cheapest municipality to rent a house with an average price per square meter of 5.3 euros, having not increased practically in the last year.

Apartments from 400 euros in Valencia

On the same apartment search website, you can find houses to rent in Ontinyent with prices from 390 euros. This property, located in the San Rafael neighborhood, consists of 60 square meters, two bedrooms, a kitchen open to the living room and a bedroom with access to a private balcony.

Also, at 400 euros, a 100 square meter apartment in the heart of Ontinyent, furnished and newly renovated. A similar amount to other properties available in the area that offer the best prices to rent an apartment in the province of Valencia.

Ontinyent is located in the Vall de Albaida region, located in the center of the westernmost part, surrounded by farmland and on the banks of the Clariano River. According to the Department of Tourism, the historic core of the city “is a succession of houses packed in streets on large slopes and, therefore, on the coast, crowned by the walled core, the medieval neighborhood of La Vila.”

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