Rent price in Estepona
Málaga · Andalucía
Estimated rent · IPVA 2023
Net income
12.7k€
per capita/yr
Unemployment
10.3%
SEPE
Population
79,621
residents
According to INE IPVA data, estimated rent in Estepona is €739/month in 2023 — +3.7% year-on-year. Back in 2020 it was €676/month, a 9.3% increase over 4 years. Provincial average (Málaga): €712/month.
Full guide: living in Estepona
Monthly budget, required salary and mortgage estimate
Idealista
Rental flats in Estepona →
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National market context
National rank
#179
out of 748 municipalities
vs Andalucía
+171€
region avg: €568
Trend vs Spain
+1.4%
avg: 2.3%
Trend vs region
+1.9%
region avg: €1.8
Estepona ranks 179 out of 748 municipalities in the INE rent price index. It is 30% above the Andalucía average (€568/month).
Rent price evolution
Estimated monthly rent in Estepona (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
12.741€
per year · INE Atlas
Average household income
34.480€
per year
Rent-to-income ratio
69.6%
of per capita income
Average gross salary
26.090€
per year · Andalucía
Rent-to-salary ratio
34%
of annual gross salary
The national average effort is 55.4% of per capita income. Estepona is 14 points above that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Andalucía average.
Registered unemployment
Estimated unemployment rate
10.3%
of estimated active population
Registered unemployed
3,415
people
Annual change
-7.7%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Estepona?
With rent at €739/month, the recommended salary (30% rule) is €43,500 gross/year.
Recommended salary
43,500€
gross / year
Rent
739€
/ month
Real avg income
12,741€
net / year
Enter your gross annual salary to see what rent in Estepona means for your budget.
What would a mortgage cost in Estepona?
For a €150,000 property (estimated from current rent), the monthly payment would be €601 over 25 years at 3.5%. You need €45,000 for the down payment and costs (20% + 10%). Based on average incomes in Estepona, saving that amount would take around 4.4 years.
What does it cost to live in Estepona?
Rent is €739/month. With average food, transport and utilities, the estimated cost of living is €1,509/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 | 127.386 | 739€ |
| 2022 | 122.865 | 713€ |
| 2021 | 118.824 | 689€ |
| 2020 | 116.613 | 676€ |
Frequently asked questions
How much does it cost to rent in Estepona?
The estimated rent in Estepona is €739/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Estepona?
Rent in Estepona has risen by 3.7% compared to the previous year, per the INE IPVA index.
Is Estepona expensive to rent compared to the national average?
Yes, rent in Estepona (€739/month) is 14% above the national average (€648/month).
How much do you need to earn to live in Estepona?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €30000 net per year to live in Estepona with a rent of €739/month.
What would a mortgage cost in Estepona?
For an estimated property price of €150,000 in Estepona (based on current rent of €739/month), the monthly mortgage payment would be €601 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €45,000 (20% down + ~10% costs).
Málaga province
View all municipalities and compare prices
Other municipalities in Málaga
Municipalities with similar rent
Municipalities in Spain with a similar rent to Estepona (±10%)
More affordable options in Andalucía
Municipalities in Andalucía with lower rent than Estepona
Want to compare Estepona with another municipality?
Rent, income, population and more, side by side.
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: 29051