The concept of “student apartment”, used by the Baby Boom generation, has become outdated. In recent years, with the increase in the price of rent, it is no longer only these groups of young people between 18 and 23 who live in shared apartments, but workers and young people of all ages are often forced to live with friends and even strangers. So now, in conversations in bars, at work or on the street, you hear a new, slightly modified concept: “flat-sharing”.
Although Valencia does not have the prices per room of Barcelona or Madrid, which exceed half the minimum wage, renting a room in our city costs about 400€ if we include expenses such as electricity, water and wifi.
Taking a quick look at the real estate portal Idealista, the rooms that it recommends us as favorites are over 500€ and the cheapest are around 300€, yes, with a single bed and often without natural light.
In the last year, according to another real estate portal, Fotocasa, the price of housing has increased by 10.3% in Valencia City and in the Comunidad Valenciana have exceeded the historical maximums of the price per square meter for rent, reaching 12.29 €/m2 per month..
For this reason, the City Council of Valencia created a municipal aid aimed at renting a house or room. One of the requirements to access this aid if you share a flat is that the price of the room does not exceed 375€ per month. With this, the applicant may receive up to €150 to cover expenses.