Rent price in Marratxí
Illes Balears · Illes Balears
Estimated rent · IPVA 2023
Net income
17.7k€
per capita/yr
Unemployment
3.3%
SEPE
Population
40,422
residents
According to INE IPVA data, estimated rent in Marratxí is €793/month in 2023 — +2.3% year-on-year. Back in 2020 it was €734/month, a 8% increase over 4 years. Provincial average (Illes Balears): €792/month.
National market context
National rank
#157
out of 753 municipalities
vs Illes Balears
+1€
region avg: €792
Trend vs Spain
0%
avg: 2.3%
Trend vs region
-0.9%
region avg: €3.2
Marratxí ranks 157 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 Marratxí (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
17.746€
per year · INE Atlas
Average household income
53.890€
per year
Rent-to-income ratio
53.6%
of per capita income
Average gross salary
29.075€
per year · Illes Balears
Rent-to-salary ratio
32.7%
of annual gross salary
The national average effort is 55.3% of per capita income. Marratxí is 2 points below 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 Marratxí?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
3.3%
of estimated active population
Registered unemployed
836
people
Annual change
-0.6%
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 | 122.016 | 793€ |
| 2022 | 119.305 | 775€ |
| 2021 | 115.527 | 751€ |
| 2020 | 112.893 | 734€ |
Idealista
Rental flats in Marratxí →
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Frequently asked questions
How much does it cost to rent in Marratxí?
The estimated rent in Marratxí is €793/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Marratxí?
Rent in Marratxí has risen by 2.3% compared to the previous year, per the INE IPVA index.
Is Marratxí expensive to rent compared to the national average?
Yes, rent in Marratxí (€793/month) is 22% above the national average (€648/month).
How much do you need to earn to live in Marratxí?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €32000 net per year to live in Marratxí with a rent of €793/month.
What would a mortgage cost in Marratxí?
For an estimated property price of €160,000 in Marratxí (based on current rent of €793/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
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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: 07036