Rental prices reach their maximums in Madrid and Barcelona: here's how it is by neighborhood

Rents have skyrocketed in both capitals in August and are already over 21-22 euros/m2, bringing the price of apartments to 1,700-1,800 euros per month. A situation that is forcing many tenants out of city centres or into sharing an apartment.

The Spanish rental market has already been growing for more than two years. In the last twelve months alone, rental prices have increased by 9.3%until reaching the 12.40 euros/m2 per monthaccording to the latest data from Photohouse referring to the month of August

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