Rent price in Benissa

Alicante/Alacant · Comunitat Valenciana

Estimated rent · IPVA 2023

623per month
+3.3% year-on-yearPricier than 53% of Spainvs Spain: -25€ · avg €648

Net income

12.5k€

per capita/yr

Unemployment

7.7%

SEPE

Population

12,471

residents

View methodology →

Rent in Benissa stands at €623/month in 2023 per the INE IPVA, a +3.3% year-on-year change. Since 2020 prices have risen 8.2%, placing it €2 below the Alicante/Alacant provincial average (€625/month).

Idealista

Rental flats in Benissa

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National market context

National rank

#348

out of 748 municipalities

vs CCAA

-20

region avg: €643

Trend vs Spain

+1%

avg: 2.3%

Trend vs region

+0.1%

region avg: €3.2

Benissa ranks 348 out of 748 municipalities in the INE rent price index. It is close to the Comunitat Valenciana average (€643/month).

Rent price evolution

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

Income and housing effort

Net income per capita

12.496

per year · INE Atlas

Average household income

32.509

per year

Rent-to-income ratio

59.8%

of per capita income

Average gross salary

26.817

per year · Comunitat Valenciana

Rent-to-salary ratio

27.9%

of annual gross salary

The national average effort is 55.4% of per capita income. Benissa is 4 points above that average.

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

Registered unemployment

Estimated unemployment rate

7.7%

of estimated active population

Registered unemployed

457

people

Annual change

-9.3%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €623/month, the recommended salary (30% rule) is €37,000 gross/year.

Recommended salary

37,000

gross / year

Rent

623

/ month

Real avg income

12,496

net / year

€ gross / year

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

What would a mortgage cost in Benissa?

For a €125,000 property (estimated from current rent), the monthly payment would be €501 over 25 years at 3.5%. You need €37,500 for the down payment and costs (20% + 10%). Based on average incomes in Benissa, saving that amount would take around 3.8 years.

What does it cost to live in Benissa?

Rent is €623/month. With average food, transport and utilities, the estimated cost of living is €1,393/month. Adjust each category to your situation.

🏠 Rent623
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,393
Avg net income: €1,041/month-352 margin

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

Climate

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

14.5°7.1°Jan15.2°8°Feb16.5°9.2°Mar18.1°10.9°Apr21.8°14.2°May26°18.1°Jun29.3°21.2°Jul29.3°21.6°Aug25.8°18.9°Sep22.5°15.4°Oct18.2°11.2°Nov15.9°8.7°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023117.482623
2022113.731603
2021109.906583
2020108.689576

Frequently asked questions

How much does it cost to rent in Benissa?

The estimated rent in Benissa is €623/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Benissa?

Rent in Benissa has risen by 3.3% compared to the previous year, per the INE IPVA index.

Is Benissa expensive to rent compared to the national average?

Rent in Benissa (€623/month) is close to the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €25000 net per year to live in Benissa with a rent of €623/month.

What would a mortgage cost in Benissa?

For an estimated property price of €125,000 in Benissa (based on current rent of €623/month), the monthly mortgage payment would be €501 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €37,500 (20% down + ~10% costs).

Alicante/Alacant 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: 03041