Rent price in Humanes de Madrid

Madrid · Comunidad de Madrid

Estimated rent · IPVA 2023

1008per month
+1.9% year-on-yearTop 2% most expensive in Spainvs Spain: +360€ · avg €648

Net income

12.6k€

per capita/yr

Unemployment

9.6%

SEPE

Population

20,500

residents

View methodology →

In 2023, the estimated rent in Humanes de Madrid is €1008/month (INE IPVA index), a +1.9% annual change and 6.3% higher than in 2020. Estimated provincial average in Madrid: €1002/month.

Idealista

Rental flats in Humanes de Madrid

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National market context

National rank

#17

out of 748 municipalities

vs CCAA

+6

region avg: €1002

Trend vs Spain

-0.4%

avg: 2.3%

Trend vs region

-0.4%

region avg: €2.3

Humanes de Madrid ranks among the 50 most expensive municipalities in Spain (position 17 of 748).

Rent price evolution

Estimated monthly rent in Humanes de Madrid (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

12.552

per year · INE Atlas

Average household income

36.888

per year

Rent-to-income ratio

96.4%

of per capita income

Average gross salary

34.410

per year · Comunidad de Madrid

Rent-to-salary ratio

35.2%

of annual gross salary

The national average effort is 55.4% of per capita income. Humanes de Madrid is 41 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.

Registered unemployment

Estimated unemployment rate

9.6%

of estimated active population

Registered unemployed

1,044

people

Annual change

-3.1%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

How much do you need to earn to live in Humanes de Madrid?

With rent at €1008/month, the recommended salary (30% rule) is €62,500 gross/year.

Recommended salary

62,500

gross / year

Rent

1008

/ month

Real avg income

12,552

net / year

€ gross / year

Enter your gross annual salary to see what rent in Humanes de Madrid means for your budget.

What would a mortgage cost in Humanes de Madrid?

For a €200,000 property (estimated from current rent), the monthly payment would be €801 over 25 years at 3.5%. You need €60,000 for the down payment and costs (20% + 10%). Based on average incomes in Humanes de Madrid, saving that amount would take around 5.4 years.

What does it cost to live in Humanes de Madrid?

Rent is €1008/month. With average food, transport and utilities, the estimated cost of living is €1,778/month. Adjust each category to your situation.

🏠 Rent1008
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,778
Avg net income: €1,046/month-732 margin

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

Climate

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

10.2°1.2°Jan13.2°2.8°Feb15.8°4.8°Mar19°7.4°Apr24.3°11.5°May29.4°16.2°Jun34.1°20°Jul33.2°19.6°Aug26.8°14.8°Sep21.6°10.9°Oct14.6°5.8°Nov11.5°3.1°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023118.5861008
2022116.418990
2021114.876976
2020111.568948

Frequently asked questions

How much does it cost to rent in Humanes de Madrid?

The estimated rent in Humanes de Madrid is €1008/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Humanes de Madrid?

Rent in Humanes de Madrid has risen by 1.9% compared to the previous year, per the INE IPVA index.

Is Humanes de Madrid expensive to rent compared to the national average?

Yes, rent in Humanes de Madrid (€1008/month) is 56% above the national average (€648/month).

How much do you need to earn to live in Humanes de Madrid?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €40000 net per year to live in Humanes de Madrid with a rent of €1008/month.

What would a mortgage cost in Humanes de Madrid?

For an estimated property price of €200,000 in Humanes de Madrid (based on current rent of €1008/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

Municipalities with similar rent

Municipalities in Spain with a similar rent to Humanes de Madrid (±10%)

More affordable options in Comunidad de Madrid

Municipalities in Comunidad de Madrid with lower rent than Humanes de Madrid

Want to compare Humanes de Madrid with another municipality?

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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: 28073