Rent price in Alcaudete

Jaén · Andalucía

Estimated rent · IPVA 2023

389per month
+0.1% year-on-yearTop 0% most affordable in Spainvs Spain: -259€ · avg €648

Net income

11.0k€

per capita/yr

Unemployment

9.7%

SEPE

Population

10,129

residents

View methodology →

Rent in Alcaudete stands at €389/month in 2023 per the INE IPVA, a +0.1% year-on-year change. Since 2020 prices have risen 0.8%, placing it €33 below the Jaén provincial average (€422/month).

Full guide: living in Alcaudete

Monthly budget, required salary and mortgage estimate

National market context

National rank

#752

out of 753 municipalities

vs Andalucía

-179

region avg: €568

Trend vs Spain

-2.2%

avg: 2.3%

Trend vs region

-1.7%

region avg: €1.8

Alcaudete is among Spain's most affordable municipalities (position 752 of 753).

Rent price evolution

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

Income and housing effort

Net income per capita

11.016

per year · INE Atlas

Average household income

25.302

per year

Rent-to-income ratio

42.4%

of per capita income

Average gross salary

26.090

per year · Andalucía

Rent-to-salary ratio

17.9%

of annual gross salary

The national average effort is 55.3% of per capita income. Alcaudete is 13 points below that average.

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

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Registered unemployment

Estimated unemployment rate

9.7%

of estimated active population

Registered unemployed

410

people

Annual change

-1.4%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

12.4°2.3°Jan14.5°3.8°Feb16.6°5.4°Mar19.6°8.3°Apr24.7°11.7°May29.5°15.9°Jun34.7°19.7°Jul34.1°19.9°Aug28.2°15.7°Sep23.5°12.2°Oct16.5°6.7°Nov14.2°4°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023102.470389
2022102.329389
2021100.779383
2020101.702386

Idealista

Rental flats in Alcaudete

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Alcaudete?

The estimated rent in Alcaudete is €389/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Alcaudete?

Rent in Alcaudete has risen by 0.1% compared to the previous year, per the INE IPVA index.

Is Alcaudete expensive to rent compared to the national average?

No, rent in Alcaudete (€389/month) is 40% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €16000 net per year to live in Alcaudete with a rent of €389/month.

What would a mortgage cost in Alcaudete?

For an estimated property price of €80,000 in Alcaudete (based on current rent of €389/month), the monthly mortgage payment would be €320 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €24,000 (20% down + ~10% costs).

Jaén province

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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: 23003