Rent price in Melilla

Melilla · Melilla

Estimated rent · IPVA 2023

462per month
+0.4% year-on-yearCheaper than 90% of Spainvs Spain: -186€ · avg €648

Net income

14.0k€

per capita/yr

Unemployment

No data

Population

No data

View methodology →

In 2023, the estimated rent in Melilla is €462/month (INE IPVA index), a +0.4% annual change and 2.2% higher than in 2020. Estimated provincial average in Melilla: €462/month.

Idealista

Rental flats in Melilla

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National market context

National rank

#670

out of 748 municipalities

vs Melilla

+0

region avg: €462

Trend vs Spain

-1.9%

avg: 2.3%

Trend vs region

0%

region avg: €0.4

Melilla ranks 670 out of 748 municipalities in the INE rent price index. It is close to the Melilla average (€462/month).

Rent price evolution

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

Income and housing effort

Net income per capita

13.995

per year · INE Atlas

Average household income

45.989

per year

Rent-to-income ratio

39.6%

of per capita income

The national average effort is 55.4% of per capita income. Melilla is 16 points below that average.

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

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

With rent at €462/month, the recommended salary (30% rule) is €26,000 gross/year.

Recommended salary

26,000

gross / year

Rent

462

/ month

Real avg income

13,995

net / year

€ gross / year

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

What would a mortgage cost in Melilla?

For a €90,000 property (estimated from current rent), the monthly payment would be €360 over 25 years at 3.5%. You need €27,000 for the down payment and costs (20% + 10%). Based on average incomes in Melilla, saving that amount would take around 2 years.

What does it cost to live in Melilla?

Rent is €462/month. With average food, transport and utilities, the estimated cost of living is €1,232/month. Adjust each category to your situation.

🏠 Rent462
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,232
Avg net income: €1,166/month-66 margin

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

Climate

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

16.6°10.7°Jan16.9°11.7°Feb18.3°12.4°Mar19.7°14.1°Apr22.6°16.7°May25.4°19.4°Jun28.7°22.4°Jul29.4°23.5°Aug26.6°21.3°Sep24°18.1°Oct20.3°14.5°Nov18°12.2°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023107.428462
2022107.011460
2021105.804455
2020105.090452

Frequently asked questions

How much does it cost to rent in Melilla?

The estimated rent in Melilla is €462/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Melilla?

Rent in Melilla has risen by 0.4% compared to the previous year, per the INE IPVA index.

Is Melilla expensive to rent compared to the national average?

No, rent in Melilla (€462/month) is 29% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €18000 net per year to live in Melilla with a rent of €462/month.

What would a mortgage cost in Melilla?

For an estimated property price of €90,000 in Melilla (based on current rent of €462/month), the monthly mortgage payment would be €360 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €27,000 (20% down + ~10% costs).

Melilla province

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Municipalities with similar rent

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

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

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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: 52001