Rent price in Griñón
Madrid · Comunidad de Madrid
Estimated rent · IPVA 2023
Net income
16.8k€
per capita/yr
Unemployment
6.2%
SEPE
Population
10,799
residents
According to INE IPVA data, estimated rent in Griñón is €998/month in 2023 — +2% year-on-year. Back in 2020 it was €924/month, a 8% increase over 4 years. Provincial average (Madrid): €1002/month.
Full guide: living in Griñón
Monthly budget, required salary and mortgage estimate
National market context
National rank
#28
out of 753 municipalities
vs CCAA
-4€
region avg: €1002
Trend vs Spain
-0.3%
avg: 2.3%
Trend vs region
-0.3%
region avg: €2.3
Griñón ranks among the 50 most expensive municipalities in Spain (position 28 of 753).
Rent price evolution
Estimated monthly rent in Griñón (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
16.818€
per year · INE Atlas
Average household income
51.037€
per year
Rent-to-income ratio
71.2%
of per capita income
Average gross salary
34.410€
per year · Comunidad de Madrid
Rent-to-salary ratio
34.8%
of annual gross salary
The national average effort is 55.3% of per capita income. Griñón is 16 points above that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Comunidad de Madrid average.
What would it cost to live in Griñón?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
6.2%
of estimated active population
Registered unemployed
355
people
Annual change
-2.7%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
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 | 117.384 | 998€ |
| 2022 | 115.039 | 978€ |
| 2021 | 110.798 | 942€ |
| 2020 | 108.681 | 924€ |
Idealista
Rental flats in Griñón →
External link to Idealista. UrbanStatsLab may earn a commission.
Frequently asked questions
How much does it cost to rent in Griñón?
The estimated rent in Griñón is €998/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Griñón?
Rent in Griñón has risen by 2% compared to the previous year, per the INE IPVA index.
Is Griñón expensive to rent compared to the national average?
Yes, rent in Griñón (€998/month) is 54% above the national average (€648/month).
How much do you need to earn to live in Griñón?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €40000 net per year to live in Griñón with a rent of €998/month.
What would a mortgage cost in Griñón?
For an estimated property price of €200,000 in Griñón (based on current rent of €998/month), the monthly mortgage payment would be €801 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €60,000 (20% down + ~10% costs).
Madrid province
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Other municipalities in Madrid
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Municipalities in Spain with a similar rent to Griñón (±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: 28066