Rent price in Medina Sidonia

Cádiz · Andalucía

Estimated rent · IPVA 2023

570per month
+2.1% year-on-yearCheaper than 62% of Spainvs Spain: -78€ · avg €648

Net income

10.8k€

per capita/yr

Unemployment

21.8%

SEPE

Population

11,838

residents

View methodology →

Rent in Medina Sidonia stands at €570/month in 2023 per the INE IPVA, a +2.1% year-on-year change. Since 2020 prices have risen 5.8%, placing it €2 above the Cádiz provincial average (€568/month).

Full guide: living in Medina Sidonia

Monthly budget, required salary and mortgage estimate

National market context

National rank

#468

out of 753 municipalities

vs Andalucía

+2

region avg: €568

Trend vs Spain

-0.2%

avg: 2.3%

Trend vs region

+0.3%

region avg: €1.8

Medina Sidonia ranks 468 out of 753 municipalities in the INE rent price index. It is close to the Andalucía average (€568/month).

Rent price evolution

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

Income and housing effort

Net income per capita

10.808

per year · INE Atlas

Average household income

27.591

per year

Rent-to-income ratio

63.3%

of per capita income

Average gross salary

26.090

per year · Andalucía

Rent-to-salary ratio

26.2%

of annual gross salary

The national average effort is 55.3% of per capita income. Medina Sidonia is 8 points above that average.

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

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Registered unemployment

Estimated unemployment rate

21.8%

of estimated active population

Registered unemployed

1,077

people

Annual change

-7.5%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

14.8°6.6°Jan15.8°7.8°Feb17.6°8.7°Mar19.8°10.8°Apr23.9°13.7°May27.2°16.4°Jun31.1°18.9°Jul31.5°19.8°Aug27.6°17.5°Sep23.7°15.1°Oct18.6°10.5°Nov16.3°8.5°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023113.927570
2022111.585558
2021109.840549
2020107.818539

Idealista

Rental flats in Medina Sidonia

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Medina Sidonia?

The estimated rent in Medina Sidonia is €570/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Medina Sidonia?

Rent in Medina Sidonia has risen by 2.1% compared to the previous year, per the INE IPVA index.

Is Medina Sidonia expensive to rent compared to the national average?

No, rent in Medina Sidonia (€570/month) is 12% below the national average (€648/month).

How much do you need to earn to live in Medina Sidonia?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €23000 net per year to live in Medina Sidonia with a rent of €570/month.

What would a mortgage cost in Medina Sidonia?

For an estimated property price of €115,000 in Medina Sidonia (based on current rent of €570/month), the monthly mortgage payment would be €461 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €34,500 (20% down + ~10% costs).

Cádiz province

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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: 11023