Rent price in Cehegín

Murcia · Región de Murcia

Estimated rent · IPVA 2023

556per month
+3.1% year-on-yearCheaper than 69% of Spainvs Spain: -92€ · avg €648

Net income

11.0k€

per capita/yr

Unemployment

11.1%

SEPE

Population

14,506

residents

View methodology →

Rent in Cehegín stands at €556/month in 2023 per the INE IPVA, a +3.1% year-on-year change. Since 2020 prices have risen 8.4%, placing it €26 above the Murcia provincial average (€530/month).

Idealista

Rental flats in Cehegín

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National market context

National rank

#513

out of 748 municipalities

vs Región de Murcia

+26

region avg: €530

Trend vs Spain

+0.8%

avg: 2.3%

Trend vs region

+1.3%

region avg: €1.8

Cehegín ranks 513 out of 748 municipalities in the INE rent price index. It is close to the Región de Murcia average (€530/month).

Rent price evolution

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

Income and housing effort

Net income per capita

11.007

per year · INE Atlas

Average household income

28.425

per year

Rent-to-income ratio

60.6%

of per capita income

Average gross salary

26.349

per year · Región de Murcia

Rent-to-salary ratio

25.3%

of annual gross salary

The national average effort is 55.4% of per capita income. Cehegín is 5 points above 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

11.1%

of estimated active population

Registered unemployed

792

people

Annual change

-10.9%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €556/month, the recommended salary (30% rule) is €31,500 gross/year.

Recommended salary

31,500

gross / year

Rent

556

/ month

Real avg income

11,007

net / year

€ gross / year

Enter your gross annual salary to see what rent in Cehegín means for your budget.

What would a mortgage cost in Cehegín?

For a €110,000 property (estimated from current rent), the monthly payment would be €441 over 25 years at 3.5%. You need €33,000 for the down payment and costs (20% + 10%). Based on average incomes in Cehegín, saving that amount would take around 3.9 years.

What does it cost to live in Cehegín?

Rent is €556/month. With average food, transport and utilities, the estimated cost of living is €1,326/month. Adjust each category to your situation.

🏠 Rent556
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,326
Avg net income: €917/month-409 margin

Estimated expenses based on national averages. Adjust to your lifestyle.

Climate

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

13.8°3.3°Jan15.2°4.6°Feb17.6°6.2°Mar20.2°8.5°Apr25.2°12°May30°16°Jun34.5°19.5°Jul33.5°19.7°Aug27.9°16.3°Sep23.7°12.5°Oct17.7°7.6°Nov15.2°5°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023120.878556
2022117.229539
2021115.669532
2020111.426513

Frequently asked questions

How much does it cost to rent in Cehegín?

The estimated rent in Cehegín is €556/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Cehegín?

Rent in Cehegín has risen by 3.1% compared to the previous year, per the INE IPVA index.

Is Cehegín expensive to rent compared to the national average?

No, rent in Cehegín (€556/month) is 14% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €22000 net per year to live in Cehegín with a rent of €556/month.

What would a mortgage cost in Cehegín?

For an estimated property price of €110,000 in Cehegín (based on current rent of €556/month), the monthly mortgage payment would be €441 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €33,000 (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 Cehegín (±10%)

More affordable options in Región de Murcia

Municipalities in Región de Murcia with lower rent than Cehegín

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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: 30017