Rent price in Molina de Segura

Murcia · Región de Murcia

Estimated rent · IPVA 2023

549per month
+2.7% year-on-yearCheaper than 72% of Spainvs Spain: -99€ · avg €648

Net income

13.8k€

per capita/yr

Unemployment

9.9%

SEPE

Population

78,458

residents

View methodology →

Rent in Molina de Segura stands at €549/month in 2023 per the INE IPVA, a +2.7% year-on-year change. Since 2020 prices have risen 6.8%, placing it €19 above the Murcia provincial average (€530/month).

Full guide: living in Molina de Segura

Monthly budget, required salary and mortgage estimate

Idealista

Rental flats in Molina de Segura

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National market context

National rank

#538

out of 748 municipalities

vs Región de Murcia

+19

region avg: €530

Trend vs Spain

+0.4%

avg: 2.3%

Trend vs region

+0.9%

region avg: €1.8

Molina de Segura ranks 538 out of 748 municipalities in the INE rent price index. It is close to the Región de Murcia average (€530/month).

Rent price evolution

Estimated monthly rent in Molina de Segura (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

13.766

per year · INE Atlas

Average household income

39.382

per year

Rent-to-income ratio

47.9%

of per capita income

Average gross salary

26.349

per year · Región de Murcia

Rent-to-salary ratio

25%

of annual gross salary

The national average effort is 55.4% of per capita income. Molina de Segura is 8 points below that average.

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

Registered unemployment

Estimated unemployment rate

9.9%

of estimated active population

Registered unemployed

3,837

people

Annual change

-5.4%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

How much do you need to earn to live in Molina de Segura?

With rent at €549/month, the recommended salary (30% rule) is €31,000 gross/year.

Recommended salary

31,000

gross / year

Rent

549

/ month

Real avg income

13,766

net / year

€ gross / year

Enter your gross annual salary to see what rent in Molina de Segura means for your budget.

What would a mortgage cost in Molina de Segura?

For a €110,000 property (estimated from current rent), the monthly payment would be €441 over 25 years at 3.5%. You need €33,000 for the down payment and costs (20% + 10%). Based on average incomes in Molina de Segura, saving that amount would take around 2.8 years.

What does it cost to live in Molina de Segura?

Rent is €549/month. With average food, transport and utilities, the estimated cost of living is €1,319/month. Adjust each category to your situation.

🏠 Rent549
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,319
Avg net income: €1,147/month-172 margin

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

Climate

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

16.8°6.2°Jan18.6°7.5°Feb20.9°9.1°Mar23°11.2°Apr27.5°14.7°May31.9°18.6°Jun35.6°21.9°Jul35°22.3°Aug30.1°19.1°Sep26.2°15.2°Oct20.7°10.4°Nov18°7.7°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023119.443549
2022116.319535
2021113.565522
2020111.666514

Frequently asked questions

How much does it cost to rent in Molina de Segura?

The estimated rent in Molina de Segura is €549/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Molina de Segura?

Rent in Molina de Segura has risen by 2.7% compared to the previous year, per the INE IPVA index.

Is Molina de Segura expensive to rent compared to the national average?

No, rent in Molina de Segura (€549/month) is 15% below the national average (€648/month).

How much do you need to earn to live in Molina de Segura?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €22000 net per year to live in Molina de Segura with a rent of €549/month.

What would a mortgage cost in Molina de Segura?

For an estimated property price of €110,000 in Molina de Segura (based on current rent of €549/month), the monthly mortgage payment would be €441 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €33,000 (20% down + ~10% costs).

Murcia province

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Other municipalities in Murcia

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Municipalities in Spain with a similar rent to Molina de Segura (±10%)

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Municipalities in Región de Murcia with lower rent than Molina de Segura

Want to compare Molina de Segura with another municipality?

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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: 30027