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Rent prices in Vega de San Mateo

Las Palmas · Canary Islands · official data from the Spanish Ministry of Housing

Data checked on 14 October 2026

Short answer: in 2024, the median rent of a flat in Vega de San Mateo was €450 a month (5.88 €/m², median size 80 m²). Half of the rented flats paid between €400 and €506. The figure comes from 173 rented homes declared in income tax returns.

Rent only, no yield. The Ministry of Housing only publishes the average appraisal value for municipalities with more than 25,000 inhabitants, and Vega de San Mateo does not have one. As we do not use listing prices from property portals, we do not calculate a gross yield here: enter the price of the flat you are looking at in the rental yield calculator.

Small sample. With 173 declared rented homes, the median can move a lot from one year to the next.

The median rent per m² rose by 6.3% between 2023 and 2024. Vega de San Mateo ranks 26th of 27 municipalities in Las Palmas by rent per m².

Median rent and rent range

202425th percentileMedian75th percentile
Rent per month€400€450€506
Rent per m² per month€4.40€5.88€7.26
60 m² flat (estimate)€264€353€436
80 m² flat (estimate)€352€470€581
100 m² flat (estimate)€440€588€726

Source: SERPAVI (Spanish State Rental Price Reference System), Ministry of Housing and Urban Agenda (MIVAU), using personal income tax (IRPF) returns and the Cadastre: database 2011-2024 (file «2026-03_09_bd_SERPAVI_2011-2024 - DEFINITIVO WEB_v2»), “Municipios” sheet, apartments in multi-family buildings (vivienda colectiva), municipality level, year 2024, published on 16 April 2026. Homes analysed: 173. The rows by size are a Ladrillómetro calculation (€/m² × size), not a published figure; monthly-rent and per-m² percentiles are computed separately, so they need not refer to the same flats.

AreaRent €/m² (2024)Rent per month
Vega de San Mateo5.88€450
Median of Las Palmas (27 municipalities)7.10€500
Median of Canary Islands (62 municipalities)7.12€500
Median of Spain (1,658 municipalities)5.81€450

Medians calculated by Ladrillómetro over the municipalities with at least 50 rented apartments in SERPAVI 2024 (not the official figure for the whole province or region).

FREQUENT QUESTIONS

Frequently asked questions

How much does it cost to rent a flat in Vega de San Mateo?

In 2024 the median rent of apartments in Vega de San Mateo was €450 a month (5.88 €/m²), according to SERPAVI, the Ministry of Housing rent reference system built from income tax returns. Half of the 173 rented apartments analysed paid between €400 and €506. The median rent per m² changed by +6.3% compared with 2023.

Is Vega de San Mateo expensive to rent compared with the rest of Las Palmas?

It ranks 26 of 27 municipalities in the province of Las Palmas with SERPAVI data (at least 50 rented apartments) by median rent per m². The median of those municipalities is 7.10 €/m² a month.

Why is there no rental yield for Vega de San Mateo?

The Ministry of Housing only publishes the average appraisal value for municipalities with more than 25,000 inhabitants, and Vega de San Mateo does not have one. We do not use listing prices from property portals, so we show the official rent only. You can enter the price of a specific flat in the rental yield calculator.

Where does this data come from?

Rent: SERPAVI (Ministry of Housing and Urban Agenda), 2011-2024 database published on 16 April 2026, apartments in multi-family buildings, municipality level. It reflects rents declared in personal income tax returns, both new and older contracts, so it is usually below current asking rents.

Indicative information based on public data; not financial, tax or investment advice. Municipal medians do not tell you what a specific home is worth or will earn.