Find your new accommodation in Palma for rent on RentYourNest

Looking for rentals in Palma? Discover your perfect home with RentYourNest's extensive selection of accommodations for medium and long-term stays. From cozy rooms to spacious apartments, we offer the finest properties across Palma's most desirable neighborhoods. Start your journey to finding your ideal rental today.

Useful information about renting a place in Palma

Looking for rentals in Palma opens up a world of possibilities in this vibrant Mediterranean capital. Whether you're searching for a room for rent in Palma or a spacious apartment, the city offers diverse neighborhoods to suit different lifestyles. The historic Old Town (Casco Antiguo) is particularly sought-after, with its charming narrow streets and proximity to major attractions, making it ideal for those seeking a flat for rent in Palma's most characteristic area. Santa Catalina has emerged as a trendy district, popular among expats and young professionals looking for modern accommodations near the city's best restaurants and markets. The Paseo Marítimo area is perfect for those prioritizing sea views and marina access, with numerous luxury apartments for rent in Palma's waterfront. Portixol and El Molinar offer a more relaxed beachside lifestyle while still being close to the center. When searching for a rental in Palma, it's important to note that prices tend to be higher during peak tourist season, and many landlords prefer long-term contracts. The city's excellent public transport system means that even properties in residential areas like Son Armadams or La Bonanova offer easy access to the center.

Cost of Living in Palma

Looking for rentals in Palma? Understanding the cost of living is essential when searching for your ideal accommodation. For those seeking a room for rent in Palma, prices typically start around €400-600 per month for a shared arrangement, while a private room can range from €500-800 monthly. If you're interested in a studio apartment for rent in Palma, expect to pay between €700-1,000, while a two-bedroom flat for rent in Palma generally costs between €1,000-1,500, depending on the location and amenities. The average price per square meter for rentals in the city center hovers around €12-15 monthly. Beyond housing costs, Palma offers reasonable living expenses, with monthly public transport passes costing around €35, basic utilities averaging €100-150 for a standard apartment, and grocery costs for one person typically ranging from €250-350 per month. Restaurant meals can vary significantly, with lunch menus starting at €12-15 and evening dining averaging €25-35 per person. The overall cost of living in Palma remains lower than other major European cities, making it an attractive destination for both short-term and long-term tenants.