Rent price in Alhama de Murcia
Murcia · Región de Murcia
Estimated rent · IPVA 2023
Net income
12.4k€
per capita/yr
Unemployment
7.3%
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.
National market context
National rank
#575
out of 753 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 575 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 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 55.3% 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.
What would it cost to live in Alhama de Murcia?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
7.3%
of estimated active population
Registered unemployed
869
people
Annual change
-2%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
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€ |
Idealista
Rental flats in Alhama de Murcia →
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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
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Other municipalities in Murcia
Municipalities with similar rent
Municipalities in Spain with a similar rent to Alhama de Murcia (±10%)
Want to compare Alhama de Murcia with another municipality?
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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