Rent price in Palma del Condado, La

Huelva · Andalucía

Estimated rent · IPVA 2023

538per month
+1.3% year-on-yearCheaper than 76% of Spainvs Spain: -110€ · avg €648

Net income

11.4k€

per capita/yr

Unemployment

10.8%

SEPE

Population

10,841

residents

View methodology →

In 2023, the estimated rent in Palma del Condado, La is €538/month (INE IPVA index), a +1.3% annual change and 5.7% higher than in 2020. Estimated provincial average in Huelva: €484/month.

Idealista

Rental flats in Palma del Condado, La

External link to Idealista. UrbanStatsLab may earn a commission.

National market context

National rank

#572

out of 748 municipalities

vs Andalucía

-30

region avg: €568

Trend vs Spain

-1%

avg: 2.3%

Trend vs region

-0.5%

region avg: €1.8

Palma del Condado, La ranks 572 out of 748 municipalities in the INE rent price index. It is close to the Andalucía average (€568/month).

Rent price evolution

Estimated monthly rent in Palma del Condado, La (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

11.411

per year · INE Atlas

Average household income

32.043

per year

Rent-to-income ratio

56.6%

of per capita income

Average gross salary

26.090

per year · Andalucía

Rent-to-salary ratio

24.7%

of annual gross salary

The national average effort is 55.4% of per capita income. Palma del Condado, La is 1 points above that average.

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

Registered unemployment

Estimated unemployment rate

10.8%

of estimated active population

Registered unemployed

488

people

Annual change

-16.4%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

How much do you need to earn to live in Palma del Condado, La?

With rent at €538/month, the recommended salary (30% rule) is €30,500 gross/year.

Recommended salary

30,500

gross / year

Rent

538

/ month

Real avg income

11,411

net / year

€ gross / year

Enter your gross annual salary to see what rent in Palma del Condado, La means for your budget.

What would a mortgage cost in Palma del Condado, La?

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 Palma del Condado, La, saving that amount would take around 3.4 years.

What does it cost to live in Palma del Condado, La?

Rent is €538/month. With average food, transport and utilities, the estimated cost of living is €1,308/month. Adjust each category to your situation.

🏠 Rent538
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,308
Avg net income: €951/month-357 margin

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

Climate

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

15.8°7°Jan17.7°8.2°Feb19.7°9.4°Mar22.2°11.6°Apr26.8°14.6°May30.3°17.6°Jun34.7°20.5°Jul35°21°Aug30.2°18.2°Sep25.6°15.5°Oct19.5°11°Nov16.9°8.8°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023125.003538
2022123.404531
2021121.495522
2020118.479509

Frequently asked questions

How much does it cost to rent in Palma del Condado, La?

The estimated rent in Palma del Condado, La is €538/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Palma del Condado, La?

Rent in Palma del Condado, La has risen by 1.3% compared to the previous year, per the INE IPVA index.

Is Palma del Condado, La expensive to rent compared to the national average?

No, rent in Palma del Condado, La (€538/month) is 17% below the national average (€648/month).

How much do you need to earn to live in Palma del Condado, La?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €22000 net per year to live in Palma del Condado, La with a rent of €538/month.

What would a mortgage cost in Palma del Condado, La?

For an estimated property price of €110,000 in Palma del Condado, La (based on current rent of €538/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).

Huelva province

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Other municipalities in Huelva

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Municipalities in Spain with a similar rent to Palma del Condado, La (±10%)

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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: 21054