Rent price in Albacete
Albacete · Castilla-La Mancha
Estimated rent · IPVA 2023
Net income
14.6k€
per capita/yr
Unemployment
11.6%
SEPE
Population
175k
residents
In 2023, the estimated rent in Albacete is €464/month (INE IPVA index), a +2.4% annual change and 7.4% higher than in 2020. Estimated provincial average in Albacete: €447/month.
Full guide: living in Albacete
Monthly budget, required salary and mortgage estimate
Idealista
Rental flats in Albacete →
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National market context
National rank
#668
out of 748 municipalities
vs Castilla-La Mancha
-22€
region avg: €486
Trend vs Spain
+0.1%
avg: 2.3%
Trend vs region
-0.1%
region avg: €2.5
Albacete ranks 668 out of 748 municipalities in the INE rent price index. It is close to the Castilla-La Mancha average (€486/month).
Rent price evolution
Estimated monthly rent in Albacete (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
14.611€
per year · INE Atlas
Average household income
37.457€
per year
Rent-to-income ratio
38.1%
of per capita income
Average gross salary
26.062€
per year · Castilla-La Mancha
Rent-to-salary ratio
21.4%
of annual gross salary
The national average effort is 55.4% of per capita income. Albacete is 17 points below that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Castilla-La Mancha average.
Registered unemployment
Estimated unemployment rate
11.6%
of estimated active population
Registered unemployed
9,113
people
Annual change
-9.9%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Albacete?
With rent at €464/month, the recommended salary (30% rule) is €26,000 gross/year.
Recommended salary
26,000€
gross / year
Rent
464€
/ month
Real avg income
14,611€
net / year
Enter your gross annual salary to see what rent in Albacete means for your budget.
What would a mortgage cost in Albacete?
For a €95,000 property (estimated from current rent), the monthly payment would be €380 over 25 years at 3.5%. You need €28,500 for the down payment and costs (20% + 10%). Based on average incomes in Albacete, saving that amount would take around 2.5 years.
What does it cost to live in Albacete?
Rent is €464/month. With average food, transport and utilities, the estimated cost of living is €1,234/month. Adjust each category to your situation.
Estimated expenses based on national averages. Adjust to your lifestyle.
Climate
Monthly max & min temperature (°C) · 2015–2024 normals
Source: Open-Meteo · ERA5 reanalysis (ECMWF)
Rent index evolution
| Year | INE IPVA Index | Estimated rent |
|---|---|---|
| 2023 | 116.009 | 464€ |
| 2022 | 113.267 | 453€ |
| 2021 | 110.577 | 442€ |
| 2020 | 107.938 | 432€ |
Frequently asked questions
How much does it cost to rent in Albacete?
The estimated rent in Albacete is €464/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Albacete?
Rent in Albacete has risen by 2.4% compared to the previous year, per the INE IPVA index.
Is Albacete expensive to rent compared to the national average?
No, rent in Albacete (€464/month) is 28% below the national average (€648/month).
How much do you need to earn to live in Albacete?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €19000 net per year to live in Albacete with a rent of €464/month.
What would a mortgage cost in Albacete?
For an estimated property price of €95,000 in Albacete (based on current rent of €464/month), the monthly mortgage payment would be €380 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €28,500 (20% down + ~10% costs).
Albacete province
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Other municipalities in Albacete
Municipalities with similar rent
Municipalities in Spain with a similar rent to Albacete (±10%)
Want to compare Albacete with another municipality?
Rent, income, population and more, side by side.
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: 02003