Rent price in Campos

Illes Balears · Illes Balears

Estimated rent · IPVA 2023

797per month
+3.9% year-on-yearPricier than 79% of Spainvs Spain: +149€ · avg €648

Net income

14.9k€

per capita/yr

Unemployment

2.9%

SEPE

Population

12,485

residents

View methodology →

In 2023, the estimated rent in Campos is €797/month (INE IPVA index), a +3.9% annual change and 9.8% higher than in 2020. Estimated provincial average in Illes Balears: €792/month.

National market context

National rank

#155

out of 753 municipalities

vs Illes Balears

+5

region avg: €792

Trend vs Spain

+1.6%

avg: 2.3%

Trend vs region

+0.7%

region avg: €3.2

Campos ranks 155 out of 753 municipalities in the INE rent price index. It is close to the Illes Balears average (€792/month).

Rent price evolution

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

Income and housing effort

Net income per capita

14.949

per year · INE Atlas

Average household income

39.773

per year

Rent-to-income ratio

64%

of per capita income

Average gross salary

29.075

per year · Illes Balears

Rent-to-salary ratio

32.9%

of annual gross salary

The national average effort is 55.3% of per capita income. Campos is 9 points above that average.

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

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Registered unemployment

Estimated unemployment rate

2.9%

of estimated active population

Registered unemployed

228

people

Annual change

-4.6%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

14.6°8.6°Jan15.3°8.7°Feb16.7°10.2°Mar19°11.9°Apr22.7°15.1°May27.3°19.1°Jun31°22.2°Jul30.6°22.5°Aug26.9°20°Sep23.2°16.9°Oct18.6°13°Nov16.2°10.2°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023122.547797
2022117.992767
2021113.768739
2020111.647726

Idealista

Rental flats in Campos

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Campos?

The estimated rent in Campos is €797/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Campos?

Rent in Campos has risen by 3.9% compared to the previous year, per the INE IPVA index.

Is Campos expensive to rent compared to the national average?

Yes, rent in Campos (€797/month) is 23% above the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €32000 net per year to live in Campos with a rent of €797/month.

What would a mortgage cost in Campos?

For an estimated property price of €160,000 in Campos (based on current rent of €797/month), the monthly mortgage payment would be €641 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €48,000 (20% down + ~10% costs).

Illes Balears province

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Other municipalities in Illes Balears

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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: 07013