Rent price in Capdepera
Illes Balears · Illes Balears
Estimated rent · IPVA 2023
Net income
14.1k€
per capita/yr
Unemployment
1.4%
SEPE
Population
13,135
residents
Rent in Capdepera stands at €801/month in 2023 per the INE IPVA, a +2.9% year-on-year change. Since 2020 prices have risen 9.9%, placing it €9 above the Illes Balears provincial average (€792/month).
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Rental flats in Capdepera →
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National market context
National rank
#151
out of 748 municipalities
vs Illes Balears
+9€
region avg: €792
Trend vs Spain
+0.6%
avg: 2.3%
Trend vs region
-0.3%
region avg: €3.2
Capdepera ranks 151 out of 748 municipalities in the INE rent price index. It is close to the Illes Balears average (€792/month).
Rent price evolution
Estimated monthly rent in Capdepera (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
14.109€
per year · INE Atlas
Average household income
37.212€
per year
Rent-to-income ratio
68.1%
of per capita income
Average gross salary
29.075€
per year · Illes Balears
Rent-to-salary ratio
33.1%
of annual gross salary
The national average effort is 55.4% of per capita income. Capdepera is 13 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.
Registered unemployment
Estimated unemployment rate
1.4%
of estimated active population
Registered unemployed
113
people
Annual change
-11%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Capdepera?
With rent at €801/month, the recommended salary (30% rule) is €47,500 gross/year.
Recommended salary
47,500€
gross / year
Rent
801€
/ month
Real avg income
14,109€
net / year
Enter your gross annual salary to see what rent in Capdepera means for your budget.
What would a mortgage cost in Capdepera?
For a €160,000 property (estimated from current rent), the monthly payment would be €641 over 25 years at 3.5%. You need €48,000 for the down payment and costs (20% + 10%). Based on average incomes in Capdepera, saving that amount would take around 4.3 years.
What does it cost to live in Capdepera?
Rent is €801/month. With average food, transport and utilities, the estimated cost of living is €1,571/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 | 123.266 | 801€ |
| 2022 | 119.784 | 779€ |
| 2021 | 115.707 | 752€ |
| 2020 | 112.179 | 729€ |
Frequently asked questions
How much does it cost to rent in Capdepera?
The estimated rent in Capdepera is €801/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Capdepera?
Rent in Capdepera has risen by 2.9% compared to the previous year, per the INE IPVA index.
Is Capdepera expensive to rent compared to the national average?
Yes, rent in Capdepera (€801/month) is 24% above the national average (€648/month).
How much do you need to earn to live in Capdepera?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €32000 net per year to live in Capdepera with a rent of €801/month.
What would a mortgage cost in Capdepera?
For an estimated property price of €160,000 in Capdepera (based on current rent of €801/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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Municipalities in Spain with a similar rent to Capdepera (±10%)
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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: 07014