Rent price in Manacor
Illes Balears · Illes Balears
Estimated rent · IPVA 2023
Net income
13.9k€
per capita/yr
Unemployment
3%
SEPE
Population
49,153
residents
According to INE IPVA data, estimated rent in Manacor is €803/month in 2023 — +3% year-on-year. Back in 2020 it was €737/month, a 9% increase over 4 years. Provincial average (Illes Balears): €792/month.
National market context
National rank
#150
out of 753 municipalities
vs Illes Balears
+11€
region avg: €792
Trend vs Spain
+0.7%
avg: 2.3%
Trend vs region
-0.2%
region avg: €3.2
Manacor ranks 150 out of 753 municipalities in the INE rent price index. It is close to the Illes Balears average (€792/month).
Rent price evolution
Estimated monthly rent in Manacor (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
13.931€
per year · INE Atlas
Average household income
39.747€
per year
Rent-to-income ratio
69.2%
of per capita income
Average gross salary
29.075€
per year · Illes Balears
Rent-to-salary ratio
33.1%
of annual gross salary
The national average effort is 55.3% of per capita income. Manacor is 14 points above that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Illes Balears average.
What would it cost to live in Manacor?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
3%
of estimated active population
Registered unemployed
925
people
Annual change
-11.6%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
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 | 123.565 | 803€ |
| 2022 | 119.998 | 780€ |
| 2021 | 115.965 | 754€ |
| 2020 | 113.309 | 737€ |
Idealista
Rental flats in Manacor →
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Frequently asked questions
How much does it cost to rent in Manacor?
The estimated rent in Manacor is €803/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Manacor?
Rent in Manacor has risen by 3% compared to the previous year, per the INE IPVA index.
Is Manacor expensive to rent compared to the national average?
Yes, rent in Manacor (€803/month) is 24% above the national average (€648/month).
How much do you need to earn to live in Manacor?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €32000 net per year to live in Manacor with a rent of €803/month.
What would a mortgage cost in Manacor?
For an estimated property price of €160,000 in Manacor (based on current rent of €803/month), the monthly mortgage payment would be €641 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €48,000 (20% down + ~10% costs).
Illes Balears province
View all municipalities and compare prices
Other municipalities in Illes Balears
Municipalities with similar rent
Municipalities in Spain with a similar rent to Manacor (±10%)
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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: 07033