Rent price in Jumilla

Murcia · Región de Murcia

Estimated rent · IPVA 2023

543per month
+1.6% year-on-yearCheaper than 74% of Spainvs Spain: -105€ · avg €648

Net income

10.6k€

per capita/yr

Unemployment

7.7%

SEPE

Population

27,574

residents

View methodology →

Rent in Jumilla stands at €543/month in 2023 per the INE IPVA, a +1.6% year-on-year change. Since 2020 prices have risen 6.1%, placing it €13 above the Murcia provincial average (€530/month).

Idealista

Rental flats in Jumilla

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National market context

National rank

#556

out of 748 municipalities

vs Región de Murcia

+13

region avg: €530

Trend vs Spain

-0.7%

avg: 2.3%

Trend vs region

-0.2%

region avg: €1.8

Jumilla ranks 556 out of 748 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 Jumilla (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

10.606

per year · INE Atlas

Average household income

30.781

per year

Rent-to-income ratio

61.4%

of per capita income

Average gross salary

26.349

per year · Región de Murcia

Rent-to-salary ratio

24.7%

of annual gross salary

The national average effort is 55.4% of per capita income. Jumilla is 6 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.

Registered unemployment

Estimated unemployment rate

7.7%

of estimated active population

Registered unemployed

1,043

people

Annual change

-10.1%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €543/month, the recommended salary (30% rule) is €30,500 gross/year.

Recommended salary

30,500

gross / year

Rent

543

/ month

Real avg income

10,606

net / year

€ gross / year

Enter your gross annual salary to see what rent in Jumilla means for your budget.

What would a mortgage cost in Jumilla?

For a €110,000 property (estimated from current rent), the monthly payment would be €441 over 25 years at 3.5%. You need €33,000 for the down payment and costs (20% + 10%). Based on average incomes in Jumilla, saving that amount would take around 3.6 years.

What does it cost to live in Jumilla?

Rent is €543/month. With average food, transport and utilities, the estimated cost of living is €1,313/month. Adjust each category to your situation.

🏠 Rent543
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,313
Avg net income: €884/month-429 margin

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

Climate

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

12.9°3.7°Jan14.8°4.9°Feb17.1°6.6°Mar19.6°8.8°Apr24.8°12.6°May29.5°16.8°Jun33.8°20.3°Jul32.6°20.2°Aug26.9°16.5°Sep22.7°12.8°Oct16.8°7.8°Nov14.3°5.3°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023117.969543
2022116.128534
2021113.778523
2020111.239512

Frequently asked questions

How much does it cost to rent in Jumilla?

The estimated rent in Jumilla is €543/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Jumilla?

Rent in Jumilla has risen by 1.6% compared to the previous year, per the INE IPVA index.

Is Jumilla expensive to rent compared to the national average?

No, rent in Jumilla (€543/month) is 16% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €22000 net per year to live in Jumilla with a rent of €543/month.

What would a mortgage cost in Jumilla?

For an estimated property price of €110,000 in Jumilla (based on current rent of €543/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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Other municipalities in Murcia

Municipalities with similar rent

Municipalities in Spain with a similar rent to Jumilla (±10%)

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Municipalities in Región de Murcia with lower rent than Jumilla

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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: 30022