Rent price in Boadilla del Monte
Madrid · Comunidad de Madrid
Estimated rent · IPVA 2023
Net income
26.7k€
per capita/yr
Unemployment
4.1%
SEPE
Population
66,349
residents
Rent in Boadilla del Monte stands at €1003/month in 2023 per the INE IPVA, a +2.2% year-on-year change. Since 2020 prices have risen 7.2%, placing it €1 above the Madrid provincial average (€1002/month).
National market context
National rank
#21
out of 753 municipalities
vs CCAA
+1€
region avg: €1002
Trend vs Spain
-0.1%
avg: 2.3%
Trend vs region
-0.1%
region avg: €2.3
Boadilla del Monte ranks among the 50 most expensive municipalities in Spain (position 21 of 753).
Rent price evolution
Estimated monthly rent in Boadilla del Monte (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
26.668€
per year · INE Atlas
Average household income
89.455€
per year
Rent-to-income ratio
45.1%
of per capita income
Average gross salary
34.410€
per year · Comunidad de Madrid
Rent-to-salary ratio
35%
of annual gross salary
The national average effort is 55.3% of per capita income. Boadilla del Monte is 10 points below that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Comunidad de Madrid average.
What would it cost to live in Boadilla del Monte?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
4.1%
of estimated active population
Registered unemployed
1,428
people
Annual change
+4.9%
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 | 117.955 | 1003€ |
| 2022 | 115.371 | 981€ |
| 2021 | 112.465 | 956€ |
| 2020 | 110.161 | 936€ |
Idealista
Rental flats in Boadilla del Monte →
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Frequently asked questions
How much does it cost to rent in Boadilla del Monte?
The estimated rent in Boadilla del Monte is €1003/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Boadilla del Monte?
Rent in Boadilla del Monte has risen by 2.2% compared to the previous year, per the INE IPVA index.
Is Boadilla del Monte expensive to rent compared to the national average?
Yes, rent in Boadilla del Monte (€1003/month) is 55% above the national average (€648/month).
How much do you need to earn to live in Boadilla del Monte?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €40000 net per year to live in Boadilla del Monte with a rent of €1003/month.
What would a mortgage cost in Boadilla del Monte?
For an estimated property price of €200,000 in Boadilla del Monte (based on current rent of €1003/month), the monthly mortgage payment would be €801 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €60,000 (20% down + ~10% costs).
Madrid province
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Other municipalities in Madrid
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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: 28022