Annual rate, national figure. Source: INE.
INE last updated this table on October 14, 2026.
Rent-update calculator
Enter the current monthly rent and pick the IRAV figure for your update.
Enter a rent to see the figures.
A rough guide, not legal advice. Rent above the official reference-price ceiling cannot rise at all, and a contract with no update clause gets no update.
IRAV by month
Annual rate, national. The dashed line is the 2% cap for updates due from 8 October 2026 to 31 December 2027.
What the IRAV is
Spain's housing law of 2023 (Ley 12/2023) asked INE to create an index to act as the reference limit for yearly rent updates under article 18 of the urban leases law (LAU), so that rents do not rise disproportionately. The IRAV is that index.
INE defines it as the lowest of three figures: the annual rate of the Consumer Price Index (CPI), the annual rate of core CPI, and an adjusted average annual rate set out in INE's resolution of 18 December 2024.
It was first published on 2 January 2025 and is now published every month, on the same dates as the CPI.
There is one national figure. INE does not publish a separate Balearic or Mallorca index, so the same figure applies here.
The 2% cap from October 2026
Under Royal Decree-law 29/2026, for any yearly rent update that falls due between 8 October 2026 and 31 December 2027, the rise cannot be more than 2% unless tenant and landlord both agree a different figure. If the rent is already above the official reference-price ceiling, it cannot go up at all, and a contract with no update clause gets no update. The decree is in force but still needs Parliament's vote.
Read our guide to the October 2026 rental decrees
Which month's figure applies?
That depends on your contract and the date your update falls due. INE publishes the figures but does not say which month a particular contract should use, so check your contract or ask a gestor.
Source: INE, Índice de Referencia de Arrendamientos de Vivienda (table 72975), fetched live and cached for a few hours, and INE's information note of 20 December 2024. The 2% cap is from Royal Decree-law 29/2026. General information, not legal or tax advice.