Rent price in Cáceres

Cáceres · Extremadura

Estimated rent · IPVA 2023

411per month
+2.4% year-on-yearTop 3% most affordable in Spainvs Spain: -237€ · avg €648

Net income

15.0k€

per capita/yr

Unemployment

13.3%

SEPE

Population

96,651

residents

View methodology →

Rent in Cáceres stands at €411/month in 2023 per the INE IPVA, a +2.4% year-on-year change. Since 2020 prices have risen 6.5%, placing it €5 below the Cáceres provincial average (€416/month).

Full guide: living in Cáceres

Monthly budget, required salary and mortgage estimate

National market context

National rank

#733

out of 753 municipalities

vs Extremadura

-5

region avg: €416

Trend vs Spain

+0.1%

avg: 2.3%

Trend vs region

+0.2%

region avg: €2.2

Cáceres is among Spain's most affordable municipalities (position 733 of 753).

Rent price evolution

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

Income and housing effort

Net income per capita

15.017

per year · INE Atlas

Average household income

35.881

per year

Rent-to-income ratio

32.8%

of per capita income

Average gross salary

24.979

per year · Extremadura

Rent-to-salary ratio

19.7%

of annual gross salary

The national average effort is 55.3% of per capita income. Cáceres is 23 points below that average.

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

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Registered unemployment

Estimated unemployment rate

13.3%

of estimated active population

Registered unemployed

5,482

people

Annual change

-9.3%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

12.3°3.7°Jan14.6°5.3°Feb16.9°6.7°Mar19.8°9.3°Apr24.7°12.8°May29.2°16.4°Jun34.1°19.6°Jul33.9°19.8°Aug28.2°16.4°Sep23.2°13.2°Oct16.3°8.3°Nov13.6°5.7°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023114.139411
2022111.481401
2021109.310394
2020107.171386

Idealista

Rental flats in Cáceres

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Cáceres?

The estimated rent in Cáceres is €411/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Cáceres?

Rent in Cáceres has risen by 2.4% compared to the previous year, per the INE IPVA index.

Is Cáceres expensive to rent compared to the national average?

No, rent in Cáceres (€411/month) is 37% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €16000 net per year to live in Cáceres with a rent of €411/month.

What would a mortgage cost in Cáceres?

For an estimated property price of €80,000 in Cáceres (based on current rent of €411/month), the monthly mortgage payment would be €320 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €24,000 (20% down + ~10% costs).

Cáceres province

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Other municipalities in Cáceres

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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: 10037