The average rental price eats up 40% of the minimum wage in Spain. The average effort rate for families living on the SMI exceeds the recommended limit in about twenty capitals.
“I would love to go to something cheaper, but it doesn't exist,” says a woman who sees 45% of her family's income disappear when paying for the house. In total, 18 Spanish capitals (Alicante, Barcelona, San Sebastián and Madrid) have average rental prices that force a low-income tenant to exceed the recommended rate of 30%.