Rent price in Abarán

Murcia · Región de Murcia

Estimated rent · IPVA 2023

514per month
-0.4% year-on-yearCheaper than 83% of Spainvs Spain: -134€ · avg €648

Net income

11.5k€

per capita/yr

Unemployment

5.7%

SEPE

Population

13,228

residents

View methodology →

In 2023, the estimated rent in Abarán is €514/month (INE IPVA index), a -0.4% annual change and 3.8% higher than in 2020. Estimated provincial average in Murcia: €530/month.

Full guide: living in Abarán

Monthly budget, required salary and mortgage estimate

National market context

National rank

#623

out of 753 municipalities

vs Región de Murcia

-16

region avg: €530

Trend vs Spain

-2.7%

avg: 2.3%

Trend vs region

-2.2%

region avg: €1.8

Abarán ranks 623 out of 753 municipalities in the INE rent price index. It is close to the Región de Murcia average (€530/month).

Rent price evolution

Estimated monthly rent in Abarán (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

11.501

per year · INE Atlas

Average household income

30.917

per year

Rent-to-income ratio

53.6%

of per capita income

Average gross salary

26.349

per year · Región de Murcia

Rent-to-salary ratio

23.4%

of annual gross salary

The national average effort is 55.3% of per capita income. Abarán is 2 points below that average.

Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Región de Murcia average.

FINANCIAL CALCULATORS

What would it cost to live in Abarán?

Calculate your mortgage payment, required salary and real cost of living.

Go to calculators

Registered unemployment

Estimated unemployment rate

5.7%

of estimated active population

Registered unemployed

374

people

Annual change

-5.6%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

Monthly max & min temperature (°C) · 2015–2024 normals

15.9°5.2°Jan17.6°6.6°Feb20°8.3°Mar22.2°10.5°Apr26.9°14.1°May31.4°18.1°Jun35.4°21.4°Jul34.7°21.6°Aug29.5°18.4°Sep25.3°14.4°Oct19.8°9.6°Nov17.2°6.8°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023111.748514
2022112.194516
2021110.467508
2020107.676495

Idealista

Rental flats in Abarán

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Abarán?

The estimated rent in Abarán is €514/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Abarán?

Rent in Abarán has fallen by 0.4% compared to the previous year, per the INE IPVA index.

Is Abarán expensive to rent compared to the national average?

No, rent in Abarán (€514/month) is 21% below the national average (€648/month).

How much do you need to earn to live in Abarán?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €21000 net per year to live in Abarán with a rent of €514/month.

What would a mortgage cost in Abarán?

For an estimated property price of €105,000 in Abarán (based on current rent of €514/month), the monthly mortgage payment would be €421 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €31,500 (20% down + ~10% costs).

Murcia province

View all municipalities and compare prices

Other municipalities in Murcia

Municipalities with similar rent

Municipalities in Spain with a similar rent to Abarán (±10%)

Want to compare Abarán with another municipality?

Rent, income, population and more, side by side.

Compare →
INE

Official source

Instituto Nacional de Estadística

Organismo estadístico oficial del Estado español

www.ine.es View source →

Methodology

Data comes from the Housing Rental Price Index (IPVA) published by Spain's National Statistics Institute (INE), with base 100 in 2015. The estimated rent is calculated by applying the index to the median reference price for the province in 2015.

Source: INE IPVA base 2015=100 · INE code: 30002