Rent price in Martos

Jaén · Andalucía

Estimated rent · IPVA 2023

429per month
-1.2% year-on-yearTop 5% most affordable in Spainvs Spain: -219€ · avg €648

Net income

12.5k€

per capita/yr

Unemployment

12.7%

SEPE

Population

24,462

residents

View methodology →

According to INE IPVA data, estimated rent in Martos is €429/month in 2023 — -1.2% year-on-year. Back in 2020 it was €422/month, a 1.7% increase over 4 years. Provincial average (Jaén): €422/month.

Idealista

Rental flats in Martos

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National market context

National rank

#710

out of 748 municipalities

vs Andalucía

-139

region avg: €568

Trend vs Spain

-3.5%

avg: 2.3%

Trend vs region

-3%

region avg: €1.8

Martos is among Spain's most affordable municipalities (position 710 of 748).

Rent price evolution

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

Income and housing effort

Net income per capita

12.516

per year · INE Atlas

Average household income

31.614

per year

Rent-to-income ratio

41.1%

of per capita income

Average gross salary

26.090

per year · Andalucía

Rent-to-salary ratio

19.7%

of annual gross salary

The national average effort is 55.4% of per capita income. Martos is 14 points below that average.

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

Registered unemployment

Estimated unemployment rate

12.7%

of estimated active population

Registered unemployed

1,295

people

Annual change

-15.9%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €429/month, the recommended salary (30% rule) is €24,000 gross/year.

Recommended salary

24,000

gross / year

Rent

429

/ month

Real avg income

12,516

net / year

€ gross / year

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

What would a mortgage cost in Martos?

For a €85,000 property (estimated from current rent), the monthly payment would be €340 over 25 years at 3.5%. You need €25,500 for the down payment and costs (20% + 10%). Based on average incomes in Martos, saving that amount would take around 2.7 years.

What does it cost to live in Martos?

Rent is €429/month. With average food, transport and utilities, the estimated cost of living is €1,199/month. Adjust each category to your situation.

🏠 Rent429
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,199
Avg net income: €1,043/month-156 margin

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

Climate

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

12°3.7°Jan14°4.9°Feb16°6.1°Mar19.1°8.8°Apr23.9°12.3°May28.6°16.2°Jun33.9°20.2°Jul33.5°20.5°Aug27.8°16.4°Sep23.1°13°Oct16.1°7.7°Nov13.8°5.4°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023112.981429
2022114.325434
2021113.082430
2020111.047422

Frequently asked questions

How much does it cost to rent in Martos?

The estimated rent in Martos is €429/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Martos?

Rent in Martos has fallen by 1.2% compared to the previous year, per the INE IPVA index.

Is Martos expensive to rent compared to the national average?

No, rent in Martos (€429/month) is 34% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €17000 net per year to live in Martos with a rent of €429/month.

What would a mortgage cost in Martos?

For an estimated property price of €85,000 in Martos (based on current rent of €429/month), the monthly mortgage payment would be €340 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €25,500 (20% down + ~10% costs).

Jaén province

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Other municipalities in Jaén

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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: 23060