Rent price in Plasencia
Cáceres · Extremadura
Estimated rent · IPVA 2023
Net income
13.4k€
per capita/yr
Unemployment
15%
SEPE
Population
40,132
residents
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.
Idealista
Rental flats in Plasencia →
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National market context
National rank
#730
out of 748 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 730 of 748).
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 55.4% 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.
Registered unemployment
Estimated unemployment rate
15%
of estimated active population
Registered unemployed
2,579
people
Annual change
-8.6%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Plasencia?
With rent at €411/month, the recommended salary (30% rule) is €23,000 gross/year.
Recommended salary
23,000€
gross / year
Rent
411€
/ month
Real avg income
13,394€
net / year
Enter your gross annual salary to see what rent in Plasencia means for your budget.
What would a mortgage cost in Plasencia?
For a €80,000 property (estimated from current rent), the monthly payment would be €320 over 25 years at 3.5%. You need €24,000 for the down payment and costs (20% + 10%). Based on average incomes in Plasencia, saving that amount would take around 2.5 years.
What does it cost to live in Plasencia?
Rent is €411/month. With average food, transport and utilities, the estimated cost of living is €1,181/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 | 114.289 | 411€ |
| 2022 | 111.596 | 402€ |
| 2021 | 108.588 | 391€ |
| 2020 | 106.500 | 383€ |
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
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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.
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