Rent price in Medina del Campo

Valladolid · Castilla y León

Estimated rent · IPVA 2023

511per month
+1.3% year-on-yearCheaper than 83% of Spainvs Spain: -137€ · avg €648

Net income

13.0k€

per capita/yr

Unemployment

9.9%

SEPE

Population

20,215

residents

View methodology →

In 2023, the estimated rent in Medina del Campo is €511/month (INE IPVA index), a +1.3% annual change and 3.9% higher than in 2020. Estimated provincial average in Valladolid: €531/month.

Full guide: living in Medina del Campo

Monthly budget, required salary and mortgage estimate

National market context

National rank

#625

out of 753 municipalities

vs Castilla y León

+40

region avg: €471

Trend vs Spain

-1%

avg: 2.3%

Trend vs region

-0.6%

region avg: €1.9

Medina del Campo ranks 625 out of 753 municipalities in the INE rent price index. It is 8% above the Castilla y León average (€471/month).

Rent price evolution

Estimated monthly rent in Medina del Campo (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

12.984

per year · INE Atlas

Average household income

30.434

per year

Rent-to-income ratio

47.2%

of per capita income

Average gross salary

26.177

per year · Castilla y León

Rent-to-salary ratio

23.4%

of annual gross salary

The national average effort is 55.3% of per capita income. Medina del Campo is 8 points below that average.

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

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Registered unemployment

Estimated unemployment rate

9.9%

of estimated active population

Registered unemployed

888

people

Annual change

-10.4%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

8.9°0.3°Jan11.7°1.7°Feb14.3°3.3°Mar17.6°5.8°Apr22.3°9.1°May26.9°13.4°Jun31.6°16.2°Jul31.1°16.1°Aug25.3°12.2°Sep20.2°9.1°Oct13.3°4.7°Nov10.2°2.1°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023111.064511
2022109.685505
2021107.909496
2020107.048492

Idealista

Rental flats in Medina del Campo

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Medina del Campo?

The estimated rent in Medina del Campo is €511/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Medina del Campo?

Rent in Medina del Campo has risen by 1.3% compared to the previous year, per the INE IPVA index.

Is Medina del Campo expensive to rent compared to the national average?

No, rent in Medina del Campo (€511/month) is 21% below the national average (€648/month).

How much do you need to earn to live in Medina del Campo?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €20000 net per year to live in Medina del Campo with a rent of €511/month.

What would a mortgage cost in Medina del Campo?

For an estimated property price of €100,000 in Medina del Campo (based on current rent of €511/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).

Valladolid province

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Other municipalities in Valladolid

Municipalities with similar rent

Municipalities in Spain with a similar rent to Medina del Campo (±10%)

More affordable options in Castilla y León

Municipalities in Castilla y León with lower rent than Medina del Campo

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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: 47085