Rental Prices on Mallorca 2026: What an Apartment Costs
Sandor Farkas
Mallorca expert and author
If you are looking for an apartment on Mallorca in 2026, you notice one thing fast: rental prices on Mallorca in 2026 sit at a high level, and between Palma, the southwest and the island interior there are often several hundred euros a month in difference. This article gives you concrete average figures by region, explains which factors drive the price and where to find official comparison data. For how renting works in practice, see our companion guide on renting an apartment.
At a glance
On the island average, a rental apartment on Mallorca in 2026 costs roughly 15 to 16 euros per square metre, and in Palma noticeably more. The southwest is the most expensive, the interior the cheapest. Price growth has eased since mid-2025, but supply stays tight.
Long-term rental (in Spanish, alquiler de larga temporada) means an open-ended or multi-year residential lease for your main home. This type of rental is legally distinct from seasonal or holiday lets and falls under the Spanish rental law (Ley de Arrendamientos Urbanos), which gives tenants long notice periods.
Rental prices on Mallorca 2026 at a glance
The island-wide average in 2026 is around 15 to 16 euros per square metre. For an 80 square metre apartment that works out at roughly 1,280 euros base rent per month on average. In the capital the market is stronger still: in January 2026 the average rent in Palma was 18.70 euros per square metre, one of the highest figures of any Spanish provincial capital.
The table below shows typical base rents for a two to three room apartment by region. These are rough guides, not fixed prices.
| Posten | Kosten | Dauer |
|---|---|---|
| Palma (city) | 1,300 to 1,800 EUR | per month |
| Southwest (Calvià, Santa Ponsa, Port d'Andratx) | from 2,000 EUR | per month |
| North (Pollença, Alcúdia) | 1,100 to 1,600 EUR | per month |
| Interior (Inca, Binissalem, Sineu) | from 800 EUR | per month |
| Island average (80 m² apartment) | approx. 1,280 EUR | per month |
Why prices vary so much by region
The biggest price gaps come down to location and demand. The southwest around Calvià, Santa Ponsa and Port d'Andratx is the most expensive corner of the island. Here you quickly pay over 2,000 euros base rent for a three room apartment, and a two room flat with a sea view in Port d'Andratx can also land around 2,000 euros in the winter season.
Palma itself varies a lot by neighbourhood: the old town and Santa Catalina are pricey, while districts like Son Gotleu or Pere Garau are considerably cheaper. The north around Pollença and Alcúdia sits in the middle. You get the most apartment for your money in the interior: in towns like Inca, Binissalem or Sineu you often find comparable flats from around 800 euros. If you are after a finca in the countryside, our guide to long-term finca rental is worth a read.
Besides the region, several points decide what you end up paying:
- Furnished or unfurnished: furnished apartments cost noticeably more, but are often more practical for newcomers.
- Season: in winter (November to February) the supply of long-term rentals is largest and landlords are more willing to negotiate, because many holiday-let owners look for interim tenants.
- Contract length: classic long-term contracts are cheaper per month than rentals over the summer season.
- Features: air conditioning, a pool, a terrace, parking and a sea view push the price up.
- Extra costs: electricity, water and the community fee (comunidad) usually come on top and are often higher in Spain than expected.
Tip: it pays to search in winter
Between November and February many holiday-let owners move onto the long-term market to bridge the off-season. If you search during this window, you have more choice and can negotiate more easily on price.
Market trend: will rents keep rising?
The good news: the sharp rent increases of recent years have eased since mid-2025, and prices have stabilised at a high level. The less good news: the supply of affordable long-term rentals stays chronically tight, and in sought-after areas annual growth is still around 6 to 8 percent. So you should not expect a strong drop in rents in 2026.
Note: budget for the deposit and paperwork
One to two months' rent as a deposit plus the first month in advance is standard. Landlords often ask for an NIE number, an employment contract or proof of income. Have these documents ready, or the apartment goes to the next applicant.
Official sources and the rent reference index
If you want to check prices or work out a permitted rent increase, you should look beyond the property portals and use the official bodies. With the state rent reference index, Spain has created a binding tool. In so-called stressed areas (zonas tensionadas) under the housing law Ley 12/2023, this index caps how high the rent may be in new contracts.
INE - reference index for residential rents
Official index from the Spanish statistics office for the annual update of rental contracts.
Ministerio de Vivienda - rent price calculator
Official portal of the Spanish housing ministry for calculating the permitted rent.
Before you sign a contract, a look at our guide to the Spanish rental contract helps you read clauses on term, deposit and notice correctly.
Frequently asked questions about rents on Mallorca
What does an apartment on Mallorca cost per month? On the island average you pay around 1,280 euros base rent for roughly 80 square metres in 2026. In Palma and the southwest a three room apartment is often over 1,800 euros, while in the interior comparable flats start from about 800 euros.
Are rental prices on Mallorca negotiable? Yes, especially in winter and for a longer contract term. Anyone who can show steady income and complete documents has the better hand when negotiating.
How much deposit is standard? Usually one to two months' rent plus the first month in advance. For furnished or high-end properties the landlord may ask for more.
Conclusion
Rental prices on Mallorca in 2026 stay high but predictable: reckon with roughly 15 to 16 euros per square metre on the island average, clearly more in the southwest and clearly less in the interior. Use the quiet winter season for your search, keep your documents ready and check prices against the official sources. For how rent fits into your overall budget, see our article on the cost of living on Mallorca 2026.