Municipalities in Balearic Islands by rental housing price index (Spain), 2024

Inca had the highest rental housing price index (Spain) of 24 municipalities in 2024, at 134.142. Formentera had the lowest, at 118.875. The median was 127.125 and the figure for Balearic Islands was 128.808. Source: the Instituto Nacional de Estadística.

Highest134.142Inca

Lowest118.875Formentera

Median127.12524 municipalities

Balearic Islands128.808History

All municipalities, 2024

index. Source: INE, Índice de precios de vivienda en alquiler (IPVA): índice general (tabla 59060). Retrieved 2026-10-12.

Full ranking

Rank	Municipalities	2024 index	Change on 2023
1	Inca	134.142	+5.82
2	Palma	131.265	+5.27
3	Maó	130.446	+5.32
4	Andratx	130.325	+4.85
5	Felanitx	129.505	+5.35
6	Capdepera	129.343	+6.08
7	Llucmajor	129.193	+5.51
8	Manacor	128.649	+5.08
9	Campos	128.038	+5.49
10	Eivissa	127.658	+4.07
11	Calvià	127.269	+4.48
12	Sant Antoni de Portmany	127.13	+4.17
13	Santa Eulària des Riu	127.12	+4.05
14	Sant Josep de sa Talaia	126.722	+4.58
15	Marratxí	126.629	+4.61
16	Sóller	125.694	+4.31
17	Ciutadella de Menorca	125.549	+5.19
18	Sa Pobla	123.843	+4.32
19	Alcúdia	123.002	+4.47
20	Santa Margalida	122.702	+4.56
21	Santanyí	122.12	+4.08
22	Son Servera	120.198	+4.39
23	Pollença	120.032	+3.93
24	Formentera	118.875	+2.93

Other periods

About this ranking

Index of rents paid for dwellings let as a main residence (INE IPVA, 2015 = 100), all dwellings. INE builds it from the rental income landlords declare to the Spanish Tax Agency, following the same dwellings from one year to the next.

INE experimental statistic. Spain only: the country, 17 comunidades autónomas, 48 provinces and municipalities over 10,000 residents, from 2011. The País Vasco and Navarra, which have their own tax administrations, are not covered. An index measures change over time in each place; it does not compare rent levels between places. Published more than a year after the reference year.

Every value in the ranking comes from the same publisher and the same period, so the municipalities are compared on one definition. Equal values share a rank.

How to cite

Instituto Nacional de Estadística (INE). Índice de precios de vivienda en alquiler (IPVA): índice general (tabla 59060). https://www.ine.es/jaxiT3/Tabla.htm?t=59060. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

Instituto Nacional de Estadística. (n.d.). Índice de precios de vivienda en alquiler (IPVA): índice general (tabla 59060) (Municipalities in Balearic Islands by rental housing price index (Spain), 2024) [Data set]. Retrieved October 12, 2026, from https://www.ine.es/jaxiT3/Tabla.htm?t=59060

MLA 9

Índice de precios de vivienda en alquiler (IPVA): índice general (tabla 59060), Municipalities in Balearic Islands by rental housing price index (Spain), 2024. Instituto Nacional de Estadística, https://www.ine.es/jaxiT3/Tabla.htm?t=59060. Invokely, https://invokely.ai/rankings/rent-price-index-spain/balearic-islands-municipalities. Accessed 12 Oct. 2026.

Chicago (author-date)

Instituto Nacional de Estadística. n.d. Índice de precios de vivienda en alquiler (IPVA): índice general (tabla 59060). Municipalities in Balearic Islands by rental housing price index (Spain), 2024. Dataset. Accessed October 12, 2026. https://www.ine.es/jaxiT3/Tabla.htm?t=59060. Also distributed by Invokely, https://invokely.ai/rankings/rent-price-index-spain/balearic-islands-municipalities.

Harvard

Instituto Nacional de Estadística (no date) Índice de precios de vivienda en alquiler (IPVA): índice general (tabla 59060), Municipalities in Balearic Islands by rental housing price index (Spain), 2024 [Dataset]. Available at: https://www.ine.es/jaxiT3/Tabla.htm?t=59060, via Invokely: https://invokely.ai/rankings/rent-price-index-spain/balearic-islands-municipalities (Accessed: 12 October 2026).

BibTeX

@misc{instituto_municipalities_in_balearic_islands_2024,
  author = {{Instituto Nacional de Estadística}},
  title = {{Índice de precios de vivienda en alquiler (IPVA): índice general (tabla 59060): Municipalities in Balearic Islands by rental housing price index (Spain), 2024}},
  howpublished = {Data set},
  url = {https://www.ine.es/jaxiT3/Tabla.htm?t=59060},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/rankings/rent-price-index-spain/balearic-islands-municipalities. Publisher attribution: Instituto Nacional de Estadística (INE). Índice de precios de vivienda en alquiler (IPVA): índice general (tabla 59060). https://www.ine.es/jaxiT3/Tabla.htm?t=59060. Retrieved 2026-10-12.},
}

RIS

TY  - DATA
AU  - Instituto Nacional de Estadística
TI  - Índice de precios de vivienda en alquiler (IPVA): índice general (tabla 59060): Municipalities in Balearic Islands by rental housing price index (Spain), 2024
PB  - Instituto Nacional de Estadística
DB  - Invokely
UR  - https://www.ine.es/jaxiT3/Tabla.htm?t=59060
L2  - https://invokely.ai/rankings/rent-price-index-spain/balearic-islands-municipalities
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/rent-price-index-spain/balearic-islands-municipalities.
N1  - Publisher attribution: Instituto Nacional de Estadística (INE). Índice de precios de vivienda en alquiler (IPVA): índice general (tabla 59060). https://www.ine.es/jaxiT3/Tabla.htm?t=59060. Retrieved 2026-10-12.
ER  -

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Questions

Which municipality has the highest rental housing price index (Spain)?

Inca, with 134.142 in 2024, according to the Instituto Nacional de Estadística.

Which municipality has the lowest rental housing price index (Spain)?

Formentera, with 118.875 in 2024.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: Instituto Nacional de Estadística, Índice de precios de vivienda en alquiler (IPVA): índice general (tabla 59060). Retrieved 2026-10-12.