Rental contracts to be reviewed in the Balearic Islands from 2026 will assume an average increase of 4,615 euros per year, the highest figure in the country, according to estimates by the Ministry of Social Rights, Consumption and Agenda 2030. The calculation places the Islands as the community where the update of rents will be more pronounced, a phenomenon that will affect thousands of households.
This economic impact is framed in a context of strong tension in the housing market, a problem that particularly affects Ibiza and Formentera.
More than 600,000 contracts pending review in 2026
The Ministry estimates that 632,369 leases will expire in 2026 in Spain, which means that more than 1.6 million people will face rent reviews. The figure rises to 2.7 million if those who will also see their leases expire in 2027 are added. In the Balearic Islands, the forecast increase is the highest, far exceeding the national average.
The report highlights that the territorial differences are very marked, a factor that, according to experts consulted by this newspaper, is explained by the structural pressures of the archipelago, where demand far exceeds the available supply.
Balearic Islands leads increases: double the national average
While the average increase in Spain is around 1,735 euros, the Balearic Islands stands out with 4,615 euros, well above other communities.
It is followed by:
-
Valencian Community(2,686 €)
-
Canary Islands (€2,267)
-
Community of Madrid(2,042 €)
-
Cantabria(1,969 €)
-
Andalusia(1,952 €)
Below the threshold of 1,000 euros are Galicia(980 euros), Extremadura(960 euros), Castilla y León(902 euros), Aragón(831 euros), Ceuta(784 euros) and Melilla(328 euros).
Catalonia is excluded from the analysis, as 80% of its population resides in areas declared to be under stress; the Basque Country and Navarre are also excluded due to their foral regime.
In areas such as Ibiza and Formentera, where rental prices have been above the Balearic average for years, the impact forecast for 2026 could be even greater. The shortage of supply, demographic pressure and the seasonal economy accentuate a phenomenon that social entities have long described as “unsustainable”.
The forecast that the Balearic Islands will lead the rental pressure in 2026 coincides with the recent rejection of the Parliament to declare stressed areas, a figure that would have allowed to limit prices in areas with a strong imbalance between supply and demand. As published in La Voz de Ibiza, the Government ruled out applying rent caps in the archipelago, a decision that leaves the evolution of the market subject to private criteria and the current price dynamics.
Madrid, Catalonia and Andalusia concentrate the largest number of contracts
The highest volume of leases ending in 2026 is recorded in the Community of Madrid(145,881 leases), followed by Catalonia(112,728) and Andalusia(85,491).
The Household Panel of the Tax Agency, the INE and the Institute of Fiscal Studies serves as the basis for these estimates, which highlight the population weight in each regional market.
Rental prices grow 34% in five years
According to Idealista reports, between October 2020 and October 2025 the rental price has increased from 10.8 €/m² to 14.5 €/m², an accumulated increase of 34.3%. In addition, 36.42% of households living in rented housing spend more than 30% of their income on housing payments, a proportion that international organizations consider to be a limit to guarantee financial stability.
In view of this situation, Sumar maintains its proposal to automatically renew the contracts that expire in the coming months, allowing only the update according to the CPI.
Party sources indicate that they are still awaiting a response from the PSOE, while recalling that the measure would affect more than 1.5 million people. The party argues that “the data show the need for urgent intervention in the rental market” and warns that the current escalation compromises the stability of life projects.
