Rent price in Plasencia

Cáceres · Extremadura

Estimated rent · IPVA 2023

411per month
+2.4% year-on-yearTop 2% most affordable in Spainvs Spain: -237€ · avg €648

Net income

13.4k€

per capita/yr

Unemployment

14.3%

SEPE

Population

40,132

residents

View methodology →

According to INE IPVA data, estimated rent in Plasencia is €411/month in 2023 — +2.4% year-on-year. Back in 2020 it was €383/month, a 7.3% increase over 4 years. Provincial average (Cáceres): €416/month.

Full guide: living in Plasencia

Monthly budget, required salary and mortgage estimate

National market context

National rank

#735

out of 753 municipalities

vs Extremadura

-5

region avg: €416

Trend vs Spain

+0.1%

avg: 2.3%

Trend vs region

+0.2%

region avg: €2.2

Plasencia is among Spain's most affordable municipalities (position 735 of 753).

Rent price evolution

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

Income and housing effort

Net income per capita

13.394

per year · INE Atlas

Average household income

31.781

per year

Rent-to-income ratio

36.8%

of per capita income

Average gross salary

24.979

per year · Extremadura

Rent-to-salary ratio

19.7%

of annual gross salary

The national average effort is 55.3% of per capita income. Plasencia is 19 points below that average.

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

FINANCIAL CALCULATORS

What would it cost to live in Plasencia?

Calculate your mortgage payment, required salary and real cost of living.

Go to calculators

Registered unemployment

Estimated unemployment rate

14.3%

of estimated active population

Registered unemployed

2,459

people

Annual change

-10%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

11.6°4°Jan13.7°5.6°Feb15.9°6.7°Mar18.9°9.4°Apr23.7°13.1°May28.5°16.9°Jun33.7°20.6°Jul33.5°20.8°Aug27.4°16.8°Sep22°13.4°Oct15.3°8.3°Nov12.7°5.7°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023114.289411
2022111.596402
2021108.588391
2020106.500383

Idealista

Rental flats in Plasencia

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Plasencia?

The estimated rent in Plasencia is €411/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Plasencia?

Rent in Plasencia has risen by 2.4% compared to the previous year, per the INE IPVA index.

Is Plasencia expensive to rent compared to the national average?

No, rent in Plasencia (€411/month) is 37% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €16000 net per year to live in Plasencia with a rent of €411/month.

What would a mortgage cost in Plasencia?

For an estimated property price of €80,000 in Plasencia (based on current rent of €411/month), the monthly mortgage payment would be €320 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €24,000 (20% down + ~10% costs).

Cáceres province

View all municipalities and compare prices

Other municipalities in Cáceres

Municipalities with similar rent

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

Want to compare Plasencia with another municipality?

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

Compare →
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: 10148