Rent price in Lucena

Córdoba · Andalucía

Estimated rent · IPVA 2023

515per month
+2.4% year-on-yearCheaper than 83% of Spainvs Spain: -133€ · avg €648

Net income

11.1k€

per capita/yr

Unemployment

14.4%

SEPE

Population

43,408

residents

View methodology →

According to INE IPVA data, estimated rent in Lucena is €515/month in 2023 — +2.4% year-on-year. Back in 2020 it was €486/month, a 6% increase over 4 years. Provincial average (Córdoba): €474/month.

National market context

National rank

#622

out of 753 municipalities

vs Andalucía

-53

region avg: €568

Trend vs Spain

+0.1%

avg: 2.3%

Trend vs region

+0.6%

region avg: €1.8

Lucena ranks 622 out of 753 municipalities in the INE rent price index. It is 9% below the Andalucía average (€568/month).

Rent price evolution

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

Income and housing effort

Net income per capita

11.064

per year · INE Atlas

Average household income

29.156

per year

Rent-to-income ratio

55.9%

of per capita income

Average gross salary

26.090

per year · Andalucía

Rent-to-salary ratio

23.7%

of annual gross salary

The national average effort is 55.3% of per capita income. Lucena is 1 points above that average.

Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Andalucía average.

FINANCIAL CALCULATORS

What would it cost to live in Lucena?

Calculate your mortgage payment, required salary and real cost of living.

Go to calculators

Registered unemployment

Estimated unemployment rate

14.4%

of estimated active population

Registered unemployed

2,608

people

Annual change

-14.2%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

13.5°4.6°Jan15.4°5.7°Feb17.3°7°Mar20.1°9.5°Apr24.9°12.8°May29.5°16.4°Jun34.5°20.1°Jul34.2°20.4°Aug28.4°16.8°Sep23.9°13.7°Oct17.4°8.7°Nov15°6.5°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023119.846515
2022117.081503
2021115.067495
2020113.042486

Idealista

Rental flats in Lucena

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Lucena?

The estimated rent in Lucena is €515/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Lucena?

Rent in Lucena has risen by 2.4% compared to the previous year, per the INE IPVA index.

Is Lucena expensive to rent compared to the national average?

No, rent in Lucena (€515/month) is 21% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €21000 net per year to live in Lucena with a rent of €515/month.

What would a mortgage cost in Lucena?

For an estimated property price of €105,000 in Lucena (based on current rent of €515/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).

Córdoba province

View all municipalities and compare prices

Other municipalities in Córdoba

Municipalities with similar rent

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

Want to compare Lucena with another municipality?

Rent, income, population and more, side by side.

Compare →
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: 14038