Real rental prices, percentiles and housing mix in El Carme.
Median rent
€1,450/month
Mean: €1,565/month
Price per m²
20.0€
Valencia: 17.1€/m²
Median size
75 m²
Valencia: 85 m²
Listings analyzed
85
Idealista listings
Prices, percentages and counts are calculated from Idealista listings of the last few months.
El Carme, El Carmen in Spanish, is the medieval old town: the stretch of Ciutat Vella between the Serranos and Quart towers, full of alleys, faded palaces, street art on every corner and the highest concentration of bars in the city. It is the most charming neighbourhood in Valencia, and that has to be said before everything else, because everything else is hard.
Residents' associations describe an extreme situation with tourist flats, and the rental market shows it. Long-term supply is scarce, what remains is old, noisy and shrinking, and only 13% of listings come from a private owner. The 1.300€ median is misleading: at 18,3€ per square metre, what you are actually renting is a small flat of around 76 m², not a bargain.
Renting here is a straightforward trade. You accept noise seven nights a week, tourists under your window and a narrow staircase, in exchange for living inside the historic centre. If you have children, or you start work early, there are far more sensible neighbourhoods ten minutes away. Go in knowing which side of that trade you are on.
Transport: no station inside the old town itself: Túria and Àngel Guimerà are walkable, and tram L4 stops at Pont de Fusta.
44% of rental flats in El Carme have one bedroom, followed by 32% with two bedrooms. Studios make up 12% of the supply, and flats with four or more bedrooms, 4%.
Lift. 54% of rental homes here have a lift. Only 61% of flats have a lift, which is what the medieval street plan predicts: narrow buildings with staircases that in many cases simply cannot take one.
Private landlord or agency. 21% of listings are posted by a private landlord, against 79% that come through an agency. That is a middling proportion for Valencia.
The median rent in El Carme is €1,450 a month. Most flats let for between €1,300 and €1,750 a month: a quarter of the supply falls below €1,300, and another quarter goes above €1,750.
Per square metre that works out at 20.0€/m². Applied to real floor areas, a 50 m² flat lands around €1,000 a month, a 70 m² flat around €1,400, and a 90 m² flat around €1,800.
Against the city as a whole, El Carme sits 4% above the Valencia median (€1,400/month), where the median price per square metre is 17.1€/m².
In El Carme, only 10% of listings go below 14.6€/m². If you find a 70 m² flat at €1,020 a month or less, it is below the 10th percentile for the neighbourhood.
That does not make it a scam, but it is worth checking before you go any further. A price well below the local market is the single most common red flag in rental fraud.
For reference, the 25th percentile in El Carme sits at 17.3€/m². Below that, the price is good for the area without being anomalous.
We check that our sample can support a trend before publishing one, and right now it cannot. At the number of listings we analyse per period in Valencia, splitting that same data in half at random already produces swings of more than 15%, with no change in the market at all. Any percentage we published would describe the size of our sample rather than rents.
The prices on this page are unaffected: a median needs far less history than a trend does. We will publish the change again once we can compare two long periods on the same coverage.
Looking for a flat in El Carme right now? The good listings are gone within hours. Our Idealista apartment alerts notify you the moment one matching your search goes live, before everyone else sees it.
The median rent in El Carme is €1,450 a month, which works out at roughly 20€/m². Most flats let for between €1,300 and €1,750 a month. These figures come from 85 Idealista listings over the last few months.
We do not publish a price trend for El Carme yet. We check that the sample supports one, and for now it does not: the change we would calculate falls inside the margin of error of the sample itself. The median and percentiles on this page are sound.
54% of rental homes in El Carme have a lift. Only 61% of flats have a lift, which is what the medieval street plan predicts: narrow buildings with staircases that in many cases simply cannot take one.
Expect to be asked for your NIE (Número de Identificación de Extranjero) if you are a foreigner, your last few payslips or proof of income, your employment contract, and increasingly a bank guarantee or several months of deposit. None of it is a legal requirement of the contract itself, but applicants who turn up without the paperwork ready lose the flat to someone who has it. Assemble the folder before you start viewing.