Rent price in Benalmádena

Málaga · Andalucía

Estimated rent · IPVA 2023

726per month
+3.5% year-on-yearPricier than 76% of Spainvs Spain: +78€ · avg €648

Net income

13.4k€

per capita/yr

Unemployment

12%

SEPE

Population

78,338

residents

View methodology →

Rent in Benalmádena stands at €726/month in 2023 per the INE IPVA, a +3.5% year-on-year change. Since 2020 prices have risen 9.3%, placing it €14 above the Málaga provincial average (€712/month).

Full guide: living in Benalmádena

Monthly budget, required salary and mortgage estimate

Idealista

Rental flats in Benalmádena

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National market context

National rank

#183

out of 748 municipalities

vs Andalucía

+158

region avg: €568

Trend vs Spain

+1.2%

avg: 2.3%

Trend vs region

+1.7%

region avg: €1.8

Benalmádena ranks 183 out of 748 municipalities in the INE rent price index. It is 28% above the Andalucía average (€568/month).

Rent price evolution

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

Income and housing effort

Net income per capita

13.418

per year · INE Atlas

Average household income

33.901

per year

Rent-to-income ratio

64.9%

of per capita income

Average gross salary

26.090

per year · Andalucía

Rent-to-salary ratio

33.4%

of annual gross salary

The national average effort is 55.4% of per capita income. Benalmádena is 10 points above that average.

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

Registered unemployment

Estimated unemployment rate

12%

of estimated active population

Registered unemployed

3,916

people

Annual change

-8.5%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €726/month, the recommended salary (30% rule) is €43,000 gross/year.

Recommended salary

43,000

gross / year

Rent

726

/ month

Real avg income

13,418

net / year

€ gross / year

Enter your gross annual salary to see what rent in Benalmádena means for your budget.

What would a mortgage cost in Benalmádena?

For a €145,000 property (estimated from current rent), the monthly payment would be €581 over 25 years at 3.5%. You need €43,500 for the down payment and costs (20% + 10%). Based on average incomes in Benalmádena, saving that amount would take around 4.3 years.

What does it cost to live in Benalmádena?

Rent is €726/month. With average food, transport and utilities, the estimated cost of living is €1,496/month. Adjust each category to your situation.

🏠 Rent726
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,496
Avg net income: €1,118/month-378 margin

Estimated expenses based on national averages. Adjust to your lifestyle.

Climate

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

14.8°7.1°Jan15.5°7.8°Feb17.2°9°Mar18.7°10.9°Apr22.2°13.9°May25.9°17.2°Jun29.4°20.3°Jul29.1°20.8°Aug25.9°18.1°Sep22.3°14.7°Oct18.5°10.6°Nov16.1°8.5°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023125.194726
2022121.004702
2021117.165680
2020114.544664

Frequently asked questions

How much does it cost to rent in Benalmádena?

The estimated rent in Benalmádena is €726/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Benalmádena?

Rent in Benalmádena has risen by 3.5% compared to the previous year, per the INE IPVA index.

Is Benalmádena expensive to rent compared to the national average?

Yes, rent in Benalmádena (€726/month) is 12% above the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €29000 net per year to live in Benalmádena with a rent of €726/month.

What would a mortgage cost in Benalmádena?

For an estimated property price of €145,000 in Benalmádena (based on current rent of €726/month), the monthly mortgage payment would be €581 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €43,500 (20% down + ~10% costs).

Málaga province

View all municipalities and compare prices

Other municipalities in Málaga

Municipalities with similar rent

Municipalities in Spain with a similar rent to Benalmádena (±10%)

More affordable options in Andalucía

Municipalities in Andalucía with lower rent than Benalmádena

Want to compare Benalmádena with another municipality?

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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: 29025