Rent price in Don Benito

Badajoz · Extremadura

Estimated rent · IPVA 2023

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

Net income

12.9k€

per capita/yr

Unemployment

11%

SEPE

Population

37,986

residents

View methodology →

According to INE IPVA data, estimated rent in Don Benito is €411/month in 2023 — +2.4% year-on-year. Back in 2020 it was €385/month, a 6.8% increase over 4 years. Provincial average (Badajoz): €416/month.

National market context

National rank

#734

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

Don Benito is among Spain's most affordable municipalities (position 734 of 753).

Rent price evolution

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

Income and housing effort

Net income per capita

12.926

per year · INE Atlas

Average household income

31.961

per year

Rent-to-income ratio

38.2%

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. Don Benito is 17 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

11%

of estimated active population

Registered unemployed

1,783

people

Annual change

-15.1%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

13.1°3.5°Jan15.8°5°Feb18.3°7.1°Mar21.4°9.8°Apr26.6°13.4°May31.4°17.7°Jun35.9°20.7°Jul35.6°20.9°Aug30.2°17.2°Sep25°13.6°Oct17.8°8.5°Nov14.6°5.6°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023110.989411
2022108.397401
2021106.256393
2020104.105385

Idealista

Rental flats in Don Benito

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Don Benito?

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

Have rents gone up or down in Don Benito?

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

Is Don Benito expensive to rent compared to the national average?

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

How much do you need to earn to live in Don Benito?

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

What would a mortgage cost in Don Benito?

For an estimated property price of €80,000 in Don Benito (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).

Badajoz 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: 06044