In the first quarter of 2026 the rents of the new rent-free leases of habitual housing in Euskadi fell by 2.1% compared to the closing of 2025, to an average of 867.4 euros per month. This contraction of the market was extended to the three territories, with falls of 2.8% in Araba, of 2.4% in Gipuzkoa and 1% in Bizkaia.
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According to Miguel de los Toyos, Deputy Minister of Housing of the Basque Government, the decline in the first quarter of 2026 is an indicator of a "changing trend" in the free rental market. The most significant drop was in San Sebastián: 7.8%.
In the first quarter of 2026 the rents of the new rent-free leases of habitual housing in Euskadi fell by 2.1% compared to the closing of 2025, to an average of 867.4 euros per month. This contraction of the market was extended to the three territories, with falls of 2.8% in Araba, of 2.4% in Gipuzkoa and 1% in Bizkaia.