Rent price in Mejorada del Campo

Madrid · Comunidad de Madrid

Estimated rent · IPVA 2023

990per month
+2.5% year-on-yearTop 5% most expensive in Spainvs Spain: +342€ · avg €648

Net income

13.2k€

per capita/yr

Unemployment

8.5%

SEPE

Population

25,049

residents

View methodology →

In 2023, the estimated rent in Mejorada del Campo is €990/month (INE IPVA index), a +2.5% annual change and 6.5% higher than in 2020. Estimated provincial average in Madrid: €1002/month.

Idealista

Rental flats in Mejorada del Campo

External link to Idealista. UrbanStatsLab may earn a commission.

National market context

National rank

#36

out of 748 municipalities

vs CCAA

-12

region avg: €1002

Trend vs Spain

+0.2%

avg: 2.3%

Trend vs region

+0.2%

region avg: €2.3

Mejorada del Campo ranks among the 50 most expensive municipalities in Spain (position 36 of 748).

Rent price evolution

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

Income and housing effort

Net income per capita

13.212

per year · INE Atlas

Average household income

38.219

per year

Rent-to-income ratio

89.9%

of per capita income

Average gross salary

34.410

per year · Comunidad de Madrid

Rent-to-salary ratio

34.5%

of annual gross salary

The national average effort is 55.4% of per capita income. Mejorada del Campo is 35 points above that average.

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

Registered unemployment

Estimated unemployment rate

8.5%

of estimated active population

Registered unemployed

1,132

people

Annual change

-5.5%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €990/month, the recommended salary (30% rule) is €61,500 gross/year.

Recommended salary

61,500

gross / year

Rent

990

/ month

Real avg income

13,212

net / year

€ gross / year

Enter your gross annual salary to see what rent in Mejorada del Campo means for your budget.

What would a mortgage cost in Mejorada del Campo?

For a €200,000 property (estimated from current rent), the monthly payment would be €801 over 25 years at 3.5%. You need €60,000 for the down payment and costs (20% + 10%). Based on average incomes in Mejorada del Campo, saving that amount would take around 5.2 years.

What does it cost to live in Mejorada del Campo?

Rent is €990/month. With average food, transport and utilities, the estimated cost of living is €1,760/month. Adjust each category to your situation.

🏠 Rent990
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,760
Avg net income: €1,101/month-659 margin

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

Climate

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

10.6°1.3°Jan13.6°2.9°Feb16.3°5°Mar19.3°7.6°Apr24.6°11.7°May29.7°16.5°Jun34.7°20.3°Jul33.7°19.9°Aug27.2°15.1°Sep21.8°11.1°Oct14.9°6.1°Nov11.8°3.2°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023116.450990
2022113.621966
2021110.267937
2020109.353930

Frequently asked questions

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

The estimated rent in Mejorada del Campo is €990/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Mejorada del Campo?

Rent in Mejorada del Campo has risen by 2.5% compared to the previous year, per the INE IPVA index.

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

Yes, rent in Mejorada del Campo (€990/month) is 53% above the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €40000 net per year to live in Mejorada del Campo with a rent of €990/month.

What would a mortgage cost in Mejorada del Campo?

For an estimated property price of €200,000 in Mejorada del Campo (based on current rent of €990/month), the monthly mortgage payment would be €801 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €60,000 (20% down + ~10% costs).

Madrid province

View all municipalities and compare prices

Other municipalities in Madrid

Municipalities with similar rent

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

Want to compare Mejorada del Campo with another municipality?

Rent, income, population and more, side by side.

Compare →
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: 28084