Rent price in Madridejos
Toledo · Castilla-La Mancha
Estimated rent · IPVA 2023
Net income
11.6k€
per capita/yr
Unemployment
10.1%
SEPE
Population
10,088
residents
According to INE IPVA data, estimated rent in Madridejos is €496/month in 2023 — +5.4% year-on-year. Back in 2020 it was €452/month, a 9.7% increase over 4 years. Provincial average (Toledo): €532/month.
Idealista
Rental flats in Madridejos →
External link to Idealista. UrbanStatsLab may earn a commission.
National market context
National rank
#641
out of 748 municipalities
vs Castilla-La Mancha
+10€
region avg: €486
Trend vs Spain
+3.1%
avg: 2.3%
Trend vs region
+2.9%
region avg: €2.5
Madridejos ranks 641 out of 748 municipalities in the INE rent price index. It is close to the Castilla-La Mancha average (€486/month).
Rent price evolution
Estimated monthly rent in Madridejos (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
11.610€
per year · INE Atlas
Average household income
31.062€
per year
Rent-to-income ratio
51.3%
of per capita income
Average gross salary
26.062€
per year · Castilla-La Mancha
Rent-to-salary ratio
22.8%
of annual gross salary
The national average effort is 55.4% of per capita income. Madridejos is 4 points below that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Castilla-La Mancha average.
Registered unemployment
Estimated unemployment rate
10.1%
of estimated active population
Registered unemployed
458
people
Annual change
-10.9%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Madridejos?
With rent at €496/month, the recommended salary (30% rule) is €28,000 gross/year.
Recommended salary
28,000€
gross / year
Rent
496€
/ month
Real avg income
11,610€
net / year
Enter your gross annual salary to see what rent in Madridejos means for your budget.
What would a mortgage cost in Madridejos?
For a €100,000 property (estimated from current rent), the monthly payment would be €400 over 25 years at 3.5%. You need €30,000 for the down payment and costs (20% + 10%). Based on average incomes in Madridejos, saving that amount would take around 3.2 years.
What does it cost to live in Madridejos?
Rent is €496/month. With average food, transport and utilities, the estimated cost of living is €1,266/month. Adjust each category to your situation.
Estimated expenses based on national averages. Adjust to your lifestyle.
Climate
Monthly max & min temperature (°C) · 2015–2024 normals
Source: Open-Meteo · ERA5 reanalysis (ECMWF)
Rent index evolution
| Year | INE IPVA Index | Estimated rent |
|---|---|---|
| 2023 | 115.344 | 496€ |
| 2022 | 109.474 | 471€ |
| 2021 | 108.332 | 466€ |
| 2020 | 105.181 | 452€ |
Frequently asked questions
How much does it cost to rent in Madridejos?
The estimated rent in Madridejos is €496/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Madridejos?
Rent in Madridejos has risen by 5.4% compared to the previous year, per the INE IPVA index.
Is Madridejos expensive to rent compared to the national average?
No, rent in Madridejos (€496/month) is 23% below the national average (€648/month).
How much do you need to earn to live in Madridejos?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €20000 net per year to live in Madridejos with a rent of €496/month.
What would a mortgage cost in Madridejos?
For an estimated property price of €100,000 in Madridejos (based on current rent of €496/month), the monthly mortgage payment would be €400 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €30,000 (20% down + ~10% costs).
Toledo province
View all municipalities and compare prices
Other municipalities in Toledo
Municipalities with similar rent
Municipalities in Spain with a similar rent to Madridejos (±10%)
More affordable options in Castilla-La Mancha
Municipalities in Castilla-La Mancha with lower rent than Madridejos
Want to compare Madridejos with another municipality?
Rent, income, population and more, side by side.
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: 45087