Rent price in Nerja
Málaga · Andalucía
Estimated rent · IPVA 2023
Net income
11.9k€
per capita/yr
Unemployment
11.2%
SEPE
Population
22,132
residents
Rent in Nerja stands at €667/month in 2023 per the INE IPVA, a +2.7% year-on-year change. Since 2020 prices have risen 8.5%, placing it €45 below the Málaga provincial average (€712/month).
National market context
National rank
#268
out of 753 municipalities
vs Andalucía
+99€
region avg: €568
Trend vs Spain
+0.4%
avg: 2.3%
Trend vs region
+0.9%
region avg: €1.8
Nerja ranks 268 out of 753 municipalities in the INE rent price index. It is 17% above the Andalucía average (€568/month).
Rent price evolution
Estimated monthly rent in Nerja (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
11.896€
per year · INE Atlas
Average household income
30.738€
per year
Rent-to-income ratio
67.3%
of per capita income
Average gross salary
26.090€
per year · Andalucía
Rent-to-salary ratio
30.7%
of annual gross salary
The national average effort is 55.3% of per capita income. Nerja is 12 points above that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Andalucía average.
What would it cost to live in Nerja?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
11.2%
of estimated active population
Registered unemployed
1,033
people
Annual change
-8.3%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
Climate
Monthly max & min temperature (°C) · 2015–2024 normals
Source: Open-Meteo · ERA5 reanalysis (ECMWF)
Rent index evolution
| Year | INE IPVA Index | Estimated rent |
|---|---|---|
| 2023 | 115.001 | 667€ |
| 2022 | 111.970 | 649€ |
| 2021 | 108.094 | 627€ |
| 2020 | 106.041 | 615€ |
Idealista
Rental flats in Nerja →
External link to Idealista. UrbanStatsLab may earn a commission.
Frequently asked questions
How much does it cost to rent in Nerja?
The estimated rent in Nerja is €667/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Nerja?
Rent in Nerja has risen by 2.7% compared to the previous year, per the INE IPVA index.
Is Nerja expensive to rent compared to the national average?
Rent in Nerja (€667/month) is close to the national average (€648/month).
How much do you need to earn to live in Nerja?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €27000 net per year to live in Nerja with a rent of €667/month.
What would a mortgage cost in Nerja?
For an estimated property price of €135,000 in Nerja (based on current rent of €667/month), the monthly mortgage payment would be €541 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €40,500 (20% down + ~10% costs).
Málaga province
View all municipalities and compare prices
Other municipalities in Málaga
Municipalities with similar rent
Municipalities in Spain with a similar rent to Nerja (±10%)
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Rent, income, population and more, side by side.
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: 29075