Rent price in Ceutí

Murcia · Región de Murcia

Estimated rent · IPVA 2023

550per month
+1.8% year-on-yearCheaper than 71% of Spainvs Spain: -98€ · avg €648

Net income

11.3k€

per capita/yr

Unemployment

10.5%

SEPE

Population

13,089

residents

View methodology →

In 2023, the estimated rent in Ceutí is €550/month (INE IPVA index), a +1.8% annual change and 8.1% higher than in 2020. Estimated provincial average in Murcia: €530/month.

National market context

National rank

#537

out of 753 municipalities

vs Región de Murcia

+20

region avg: €530

Trend vs Spain

-0.5%

avg: 2.3%

Trend vs region

0%

region avg: €1.8

Ceutí ranks 537 out of 753 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 Ceutí (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

11.291

per year · INE Atlas

Average household income

32.182

per year

Rent-to-income ratio

58.5%

of per capita income

Average gross salary

26.349

per year · Región de Murcia

Rent-to-salary ratio

25%

of annual gross salary

The national average effort is 55.3% of per capita income. Ceutí is 3 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.

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Registered unemployment

Estimated unemployment rate

10.5%

of estimated active population

Registered unemployed

679

people

Annual change

0%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

16.2°5.9°Jan17.9°7.1°Feb20.2°8.7°Mar22.4°10.7°Apr27°14.1°May31.4°18°Jun35.4°21.3°Jul34.7°21.6°Aug29.6°18.7°Sep25.6°14.8°Oct20.1°10.1°Nov17.3°7.4°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023119.640550
2022117.529541
2021114.735528
2020110.600509

Idealista

Rental flats in Ceutí

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Ceutí?

The estimated rent in Ceutí is €550/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Ceutí?

Rent in Ceutí has risen by 1.8% compared to the previous year, per the INE IPVA index.

Is Ceutí expensive to rent compared to the national average?

No, rent in Ceutí (€550/month) is 15% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €22000 net per year to live in Ceutí with a rent of €550/month.

What would a mortgage cost in Ceutí?

For an estimated property price of €110,000 in Ceutí (based on current rent of €550/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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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: 30018