Rent price in Alhama de Murcia
Murcia · Región de Murcia
Estimated rent · IPVA 2023
Net income
12.4k€
per capita/yr
Unemployment
7.4%
SEPE
Population
24,163
residents
According to INE IPVA data, estimated rent in Alhama de Murcia is €538/month in 2023 — +2.4% year-on-year. Back in 2020 it was €503/month, a 7% increase over 4 years. Provincial average (Murcia): €530/month.
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National market context
National rank
#570
out of 748 municipalities
vs Región de Murcia
+8€
region avg: €530
Trend vs Spain
+0.1%
avg: 2.3%
Trend vs region
+0.6%
region avg: €1.8
Alhama de Murcia ranks 570 out of 748 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 Alhama de Murcia (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
12.394€
per year · INE Atlas
Average household income
33.652€
per year
Rent-to-income ratio
52.1%
of per capita income
Average gross salary
26.349€
per year · Región de Murcia
Rent-to-salary ratio
24.5%
of annual gross salary
The national average effort is 55.4% of per capita income. Alhama de Murcia is 3 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.
Registered unemployment
Estimated unemployment rate
7.4%
of estimated active population
Registered unemployed
879
people
Annual change
-3.7%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Alhama de Murcia?
With rent at €538/month, the recommended salary (30% rule) is €30,500 gross/year.
Recommended salary
30,500€
gross / year
Rent
538€
/ month
Real avg income
12,394€
net / year
Enter your gross annual salary to see what rent in Alhama de Murcia means for your budget.
What would a mortgage cost in Alhama de Murcia?
For a €110,000 property (estimated from current rent), the monthly payment would be €441 over 25 years at 3.5%. You need €33,000 for the down payment and costs (20% + 10%). Based on average incomes in Alhama de Murcia, saving that amount would take around 3.3 years.
What does it cost to live in Alhama de Murcia?
Rent is €538/month. With average food, transport and utilities, the estimated cost of living is €1,308/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 | 117.031 | 538€ |
| 2022 | 114.316 | 526€ |
| 2021 | 111.874 | 515€ |
| 2020 | 109.253 | 503€ |
Frequently asked questions
How much does it cost to rent in Alhama de Murcia?
The estimated rent in Alhama de Murcia is €538/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Alhama de Murcia?
Rent in Alhama de Murcia has risen by 2.4% compared to the previous year, per the INE IPVA index.
Is Alhama de Murcia expensive to rent compared to the national average?
No, rent in Alhama de Murcia (€538/month) is 17% below the national average (€648/month).
How much do you need to earn to live in Alhama de Murcia?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €22000 net per year to live in Alhama de Murcia with a rent of €538/month.
What would a mortgage cost in Alhama de Murcia?
For an estimated property price of €110,000 in Alhama de Murcia (based on current rent of €538/month), the monthly mortgage payment would be €441 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €33,000 (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 Alhama de Murcia (±10%)
More affordable options in Región de Murcia
Municipalities in Región de Murcia with lower rent than Alhama de Murcia
Want to compare Alhama de Murcia 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: 30008