Rent price in Massamagrell

Valencia/València · Comunitat Valenciana

Estimated rent · IPVA 2023

690per month
+3.2% year-on-yearPricier than 70% of Spainvs Spain: +42€ · avg €648

Net income

13.2k€

per capita/yr

Unemployment

10.4%

SEPE

Population

17,566

residents

View methodology →

In 2023, the estimated rent in Massamagrell is €690/month (INE IPVA index), a +3.2% annual change and 10.6% higher than in 2020. Estimated provincial average in Valencia/València: €671/month.

Idealista

Rental flats in Massamagrell

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National market context

National rank

#223

out of 748 municipalities

vs CCAA

+47

region avg: €643

Trend vs Spain

+0.9%

avg: 2.3%

Trend vs region

0%

region avg: €3.2

Massamagrell ranks 223 out of 748 municipalities in the INE rent price index. It is 7% above the Comunitat Valenciana average (€643/month).

Rent price evolution

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

Income and housing effort

Net income per capita

13.161

per year · INE Atlas

Average household income

35.037

per year

Rent-to-income ratio

62.9%

of per capita income

Average gross salary

26.817

per year · Comunitat Valenciana

Rent-to-salary ratio

30.9%

of annual gross salary

The national average effort is 55.4% of per capita income. Massamagrell is 8 points above that average.

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

Registered unemployment

Estimated unemployment rate

10.4%

of estimated active population

Registered unemployed

876

people

Annual change

-7.3%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €690/month, the recommended salary (30% rule) is €41,000 gross/year.

Recommended salary

41,000

gross / year

Rent

690

/ month

Real avg income

13,161

net / year

€ gross / year

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

What would a mortgage cost in Massamagrell?

For a €140,000 property (estimated from current rent), the monthly payment would be €561 over 25 years at 3.5%. You need €42,000 for the down payment and costs (20% + 10%). Based on average incomes in Massamagrell, saving that amount would take around 4 years.

What does it cost to live in Massamagrell?

Rent is €690/month. With average food, transport and utilities, the estimated cost of living is €1,460/month. Adjust each category to your situation.

🏠 Rent690
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,460
Avg net income: €1,097/month-363 margin

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

Climate

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

16°7°Jan16.9°7.9°Feb18.6°9.6°Mar19.9°11.3°Apr23.8°14.9°May27.5°19°Jun30.4°22.2°Jul30.4°22.4°Aug27.2°19.3°Sep23.8°15.8°Oct19.6°11.4°Nov17°8.4°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023125.369690
2022121.531668
2021118.133650
2020113.373624

Frequently asked questions

How much does it cost to rent in Massamagrell?

The estimated rent in Massamagrell is €690/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Massamagrell?

Rent in Massamagrell has risen by 3.2% compared to the previous year, per the INE IPVA index.

Is Massamagrell expensive to rent compared to the national average?

Yes, rent in Massamagrell (€690/month) is 6% above the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €28000 net per year to live in Massamagrell with a rent of €690/month.

What would a mortgage cost in Massamagrell?

For an estimated property price of €140,000 in Massamagrell (based on current rent of €690/month), the monthly mortgage payment would be €561 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €42,000 (20% down + ~10% costs).

Valencia/València province

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Other municipalities in Valencia/València

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

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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: 46164