Rent price in Lorca

Murcia · Región de Murcia

Estimated rent · IPVA 2023

530per month
+2.3% year-on-yearCheaper than 79% of Spainvs Spain: -118€ · avg €648

Net income

11.5k€

per capita/yr

Unemployment

6.8%

SEPE

Population

98,969

residents

View methodology →

In 2023, the estimated rent in Lorca is €530/month (INE IPVA index), a +2.3% annual change and 6.6% higher than in 2020. Estimated provincial average in Murcia: €530/month.

Full guide: living in Lorca

Monthly budget, required salary and mortgage estimate

Idealista

Rental flats in Lorca

External link to Idealista. UrbanStatsLab may earn a commission.

National market context

National rank

#594

out of 748 municipalities

vs Región de Murcia

+0

region avg: €530

Trend vs Spain

0%

avg: 2.3%

Trend vs region

+0.5%

region avg: €1.8

Lorca ranks 594 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 Lorca (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

11.470

per year · INE Atlas

Average household income

35.178

per year

Rent-to-income ratio

55.4%

of per capita income

Average gross salary

26.349

per year · Región de Murcia

Rent-to-salary ratio

24.1%

of annual gross salary

The national average effort is 55.4% of per capita income. Lorca is 0 points below 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

6.8%

of estimated active population

Registered unemployed

3,328

people

Annual change

-6.5%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €530/month, the recommended salary (30% rule) is €30,000 gross/year.

Recommended salary

30,000

gross / year

Rent

530

/ month

Real avg income

11,470

net / year

€ gross / year

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

What would a mortgage cost in Lorca?

For a €105,000 property (estimated from current rent), the monthly payment would be €421 over 25 years at 3.5%. You need €31,500 for the down payment and costs (20% + 10%). Based on average incomes in Lorca, saving that amount would take around 3 years.

What does it cost to live in Lorca?

Rent is €530/month. With average food, transport and utilities, the estimated cost of living is €1,300/month. Adjust each category to your situation.

🏠 Rent530
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,300
Avg net income: €956/month-344 margin

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

Climate

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

15.4°4.4°Jan16.8°5.7°Feb18.7°7.3°Mar20.8°9.5°Apr25.2°12.9°May29.7°16.9°Jun33.7°20.3°Jul33°20.5°Aug28.2°17.3°Sep24.4°13.4°Oct19.2°8.6°Nov16.6°5.9°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023115.152530
2022112.586518
2021109.410503
2020107.946497

Frequently asked questions

How much does it cost to rent in Lorca?

The estimated rent in Lorca is €530/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Lorca?

Rent in Lorca has risen by 2.3% compared to the previous year, per the INE IPVA index.

Is Lorca expensive to rent compared to the national average?

No, rent in Lorca (€530/month) is 18% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €21000 net per year to live in Lorca with a rent of €530/month.

What would a mortgage cost in Lorca?

For an estimated property price of €105,000 in Lorca (based on current rent of €530/month), the monthly mortgage payment would be €421 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €31,500 (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 Lorca (±10%)

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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: 30024