Rent price in Bullas
Murcia · Región de Murcia
Estimated rent · IPVA 2023
Net income
11.6k€
per capita/yr
Unemployment
10%
SEPE
Population
12,027
residents
In 2023, the estimated rent in Bullas is €460/month (INE IPVA index), a -1.6% annual change and 0.7% higher than in 2020. Estimated provincial average in Murcia: €530/month.
Idealista
Rental flats in Bullas →
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National market context
National rank
#673
out of 748 municipalities
vs Región de Murcia
-70€
region avg: €530
Trend vs Spain
-3.9%
avg: 2.3%
Trend vs region
-3.4%
region avg: €1.8
Bullas ranks 673 out of 748 municipalities in the INE rent price index. It is 13% below the Región de Murcia average (€530/month).
Rent price evolution
Estimated monthly rent in Bullas (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
11.559€
per year · INE Atlas
Average household income
29.822€
per year
Rent-to-income ratio
47.8%
of per capita income
Average gross salary
26.349€
per year · Región de Murcia
Rent-to-salary ratio
20.9%
of annual gross salary
The national average effort is 55.4% of per capita income. Bullas is 8 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.
Registered unemployment
Estimated unemployment rate
10%
of estimated active population
Registered unemployed
594
people
Annual change
-3.4%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Bullas?
With rent at €460/month, the recommended salary (30% rule) is €26,000 gross/year.
Recommended salary
26,000€
gross / year
Rent
460€
/ month
Real avg income
11,559€
net / year
Enter your gross annual salary to see what rent in Bullas means for your budget.
What would a mortgage cost in Bullas?
For a €90,000 property (estimated from current rent), the monthly payment would be €360 over 25 years at 3.5%. You need €27,000 for the down payment and costs (20% + 10%). Based on average incomes in Bullas, saving that amount would take around 3 years.
What does it cost to live in Bullas?
Rent is €460/month. With average food, transport and utilities, the estimated cost of living is €1,230/month. Adjust each category to your situation.
Estimated expenses based on national averages. Adjust to your lifestyle.
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 | 100.031 | 460€ |
| 2022 | 101.691 | 468€ |
| 2021 | 101.206 | 466€ |
| 2020 | 99.346 | 457€ |
Frequently asked questions
How much does it cost to rent in Bullas?
The estimated rent in Bullas is €460/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Bullas?
Rent in Bullas has fallen by 1.6% compared to the previous year, per the INE IPVA index.
Is Bullas expensive to rent compared to the national average?
No, rent in Bullas (€460/month) is 29% below the national average (€648/month).
How much do you need to earn to live in Bullas?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €18000 net per year to live in Bullas with a rent of €460/month.
What would a mortgage cost in Bullas?
For an estimated property price of €90,000 in Bullas (based on current rent of €460/month), the monthly mortgage payment would be €360 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €27,000 (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 Bullas (±10%)
Want to compare Bullas with another municipality?
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: 30012