Rent price in Palma del Río
Córdoba · Andalucía
Estimated rent · IPVA 2023
Net income
10.9k€
per capita/yr
Unemployment
11%
SEPE
Population
20,438
residents
In 2023, the estimated rent in Palma del Río is €436/month (INE IPVA index), a +0.5% annual change and 0.9% higher than in 2020. Estimated provincial average in Córdoba: €474/month.
Idealista
Rental flats in Palma del Río →
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National market context
National rank
#700
out of 748 municipalities
vs Andalucía
-132€
region avg: €568
Trend vs Spain
-1.8%
avg: 2.3%
Trend vs region
-1.3%
region avg: €1.8
Palma del Río is among Spain's most affordable municipalities (position 700 of 748).
Rent price evolution
Estimated monthly rent in Palma del Río (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
10.869€
per year · INE Atlas
Average household income
28.075€
per year
Rent-to-income ratio
48.1%
of per capita income
Average gross salary
26.090€
per year · Andalucía
Rent-to-salary ratio
20.1%
of annual gross salary
The national average effort is 55.4% of per capita income. Palma del Río is 7 points below 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
11%
of estimated active population
Registered unemployed
939
people
Annual change
-14.9%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Palma del Río?
With rent at €436/month, the recommended salary (30% rule) is €24,500 gross/year.
Recommended salary
24,500€
gross / year
Rent
436€
/ month
Real avg income
10,869€
net / year
Enter your gross annual salary to see what rent in Palma del Río means for your budget.
What would a mortgage cost in Palma del Río?
For a €85,000 property (estimated from current rent), the monthly payment would be €340 over 25 years at 3.5%. You need €25,500 for the down payment and costs (20% + 10%). Based on average incomes in Palma del Río, saving that amount would take around 3 years.
What does it cost to live in Palma del Río?
Rent is €436/month. With average food, transport and utilities, the estimated cost of living is €1,206/month. Adjust each category to your situation.
Estimated expenses based on national averages. Adjust to your lifestyle.
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 | 101.341 | 436€ |
| 2022 | 100.883 | 434€ |
| 2021 | 98.995 | 426€ |
| 2020 | 100.401 | 432€ |
Frequently asked questions
How much does it cost to rent in Palma del Río?
The estimated rent in Palma del Río is €436/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Palma del Río?
Rent in Palma del Río has risen by 0.5% compared to the previous year, per the INE IPVA index.
Is Palma del Río expensive to rent compared to the national average?
No, rent in Palma del Río (€436/month) is 33% below the national average (€648/month).
How much do you need to earn to live in Palma del Río?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €17000 net per year to live in Palma del Río with a rent of €436/month.
What would a mortgage cost in Palma del Río?
For an estimated property price of €85,000 in Palma del Río (based on current rent of €436/month), the monthly mortgage payment would be €340 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €25,500 (20% down + ~10% costs).
Córdoba province
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Other municipalities in Córdoba
Municipalities with similar rent
Municipalities in Spain with a similar rent to Palma del Río (±10%)
Want to compare Palma del Río with another municipality?
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: 14049