Rent price in Leganés

Madrid · Comunidad de Madrid

Estimated rent · IPVA 2023

1003per month
+2.2% year-on-yearTop 3% most expensive in Spainvs Spain: +355€ · avg €648

Net income

14.5k€

per capita/yr

Unemployment

7.7%

SEPE

Population

196k

residents

View methodology →

Rent in Leganés stands at €1003/month in 2023 per the INE IPVA, a +2.2% year-on-year change. Since 2020 prices have risen 6.3%, placing it €1 above the Madrid provincial average (€1002/month).

Full guide: living in Leganés

Monthly budget, required salary and mortgage estimate

National market context

National rank

#22

out of 753 municipalities

vs CCAA

+1

region avg: €1002

Trend vs Spain

-0.1%

avg: 2.3%

Trend vs region

-0.1%

region avg: €2.3

Leganés ranks among the 50 most expensive municipalities in Spain (position 22 of 753).

Rent price evolution

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

Income and housing effort

Net income per capita

14.531

per year · INE Atlas

Average household income

38.660

per year

Rent-to-income ratio

82.8%

of per capita income

Average gross salary

34.410

per year · Comunidad de Madrid

Rent-to-salary ratio

35%

of annual gross salary

The national average effort is 55.3% of per capita income. Leganés is 28 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.

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Registered unemployment

Estimated unemployment rate

7.7%

of estimated active population

Registered unemployed

7,938

people

Annual change

-6.1%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

10.3°1°Jan13.2°2.6°Feb15.8°4.7°Mar18.9°7.3°Apr24.2°11.4°May29.2°16.1°Jun34.1°19.9°Jul33.1°19.5°Aug26.7°14.8°Sep21.5°10.8°Oct14.5°5.7°Nov11.5°3°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023117.9951003
2022115.478982
2021113.112961
2020111.049944

Idealista

Rental flats in Leganés

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Leganés?

The estimated rent in Leganés is €1003/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Leganés?

Rent in Leganés has risen by 2.2% compared to the previous year, per the INE IPVA index.

Is Leganés expensive to rent compared to the national average?

Yes, rent in Leganés (€1003/month) is 55% above the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €40000 net per year to live in Leganés with a rent of €1003/month.

What would a mortgage cost in Leganés?

For an estimated property price of €200,000 in Leganés (based on current rent of €1003/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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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: 28074