The continued survival of P. ibericum generally requires a permanent body of water, although the crabs can survive short periods of drought by retreating under stones, or into deep burrows. These burrows may be several kilometres from the nearest body of water. They only breed in moving water, with copulation occurring in the warmer months, from June to October.
Potamon ibericum is an omnivore, eating detritus, filamentous algae, and plant matter, as well as a variety of animals, including worms, amphipod crustaceans, aquatic insect larvae, molluscs, frogs and tadpoles, fish, and carrion. It feeds on land during the night, and if the air is humid enough, also during the day. In the areas where it occurs, P. ibericum is a major food item for the European otter, Lutra lutra, alongside a variety of fish species.