Rent price in Almuñécar
Granada · Andalucía
Estimated rent · IPVA 2023
Net income
11.3k€
per capita/yr
Unemployment
12%
SEPE
Population
27,544
residents
In 2023, the estimated rent in Almuñécar is €531/month (INE IPVA index), a +2% annual change and 7.7% higher than in 2020. Estimated provincial average in Granada: €564/month.
Full guide: living in Almuñécar
Monthly budget, required salary and mortgage estimate
National market context
National rank
#595
out of 753 municipalities
vs Andalucía
-37€
region avg: €568
Trend vs Spain
-0.3%
avg: 2.3%
Trend vs region
+0.2%
region avg: €1.8
Almuñécar ranks 595 out of 753 municipalities in the INE rent price index. It is 7% below the Andalucía average (€568/month).
Rent price evolution
Estimated monthly rent in Almuñécar (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
11.350€
per year · INE Atlas
Average household income
27.760€
per year
Rent-to-income ratio
56.1%
of per capita income
Average gross salary
26.090€
per year · Andalucía
Rent-to-salary ratio
24.4%
of annual gross salary
The national average effort is 55.3% of per capita income. Almuñécar is 1 points above that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Andalucía average.
What would it cost to live in Almuñécar?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
12%
of estimated active population
Registered unemployed
1,380
people
Annual change
-15.7%
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 | 110.526 | 531€ |
| 2022 | 108.340 | 520€ |
| 2021 | 105.368 | 506€ |
| 2020 | 102.693 | 493€ |
Idealista
Rental flats in Almuñécar →
External link to Idealista. UrbanStatsLab may earn a commission.
Frequently asked questions
How much does it cost to rent in Almuñécar?
The estimated rent in Almuñécar is €531/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Almuñécar?
Rent in Almuñécar has risen by 2% compared to the previous year, per the INE IPVA index.
Is Almuñécar expensive to rent compared to the national average?
No, rent in Almuñécar (€531/month) is 18% below the national average (€648/month).
How much do you need to earn to live in Almuñécar?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €21000 net per year to live in Almuñécar with a rent of €531/month.
What would a mortgage cost in Almuñécar?
For an estimated property price of €105,000 in Almuñécar (based on current rent of €531/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).
Granada province
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Other municipalities in Granada
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Municipalities in Spain with a similar rent to Almuñécar (±10%)
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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: 18017