Palma shared-room rents rise as supply falls
Palma, Mallorca recorded a 22% fall in the number of rooms available in shared flats during the second quarter of 2026, compared with the same period in 2025, according to a report published by property portal idealista on Monday.
Average shared-room rents in Palma rose by 22% over the period to €550. The city had Spain’s third-largest reduction in supply, behind Ceuta and Bilbao, and the second-biggest increase in prices after Ceuta.
Palma was tied with Madrid as Spain’s second-most expensive city for a room in a shared home. Barcelona led at €600 a month, followed by San Sebastián at €500, Bilbao and Málaga at €450, and Pamplona at €440. The national average was €425.
Interest also increased, with the number of prospective tenants per room in Palma up 15%, matching the national average. The sharpest rises were reported in Ceuta, Girona, Zaragoza, Soria and Huelva.
Source: Europa Press / Mallorca.com
Comparing costs for hourly stays
The average price for rooms in shared flats mentioned in the article refers to monthly rents and is not useful for comparing hourly stays. For short stays, check the bookable duration, check-in and check-out times, any additional costs and the cancellation terms.
For private listings, confirm the actual price before committing: a strikingly low advertised price does not tell you what the stay will cost.