Rent price in Rincón de la Victoria

Málaga · Andalucía

Estimated rent · IPVA 2023

723per month
+3.4% year-on-yearPricier than 75% of Spainvs Spain: +75€ · avg €648

Net income

15.6k€

per capita/yr

Unemployment

12%

SEPE

Population

52,454

residents

View methodology →

Rent in Rincón de la Victoria stands at €723/month in 2023 per the INE IPVA, a +3.4% year-on-year change. Since 2020 prices have risen 8.1%, placing it €11 above the Málaga provincial average (€712/month).

Idealista

Rental flats in Rincón de la Victoria

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National market context

National rank

#185

out of 748 municipalities

vs Andalucía

+155

region avg: €568

Trend vs Spain

+1.1%

avg: 2.3%

Trend vs region

+1.6%

region avg: €1.8

Rincón de la Victoria ranks 185 out of 748 municipalities in the INE rent price index. It is 27% above the Andalucía average (€568/month).

Rent price evolution

Estimated monthly rent in Rincón de la Victoria (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

15.614

per year · INE Atlas

Average household income

37.913

per year

Rent-to-income ratio

55.6%

of per capita income

Average gross salary

26.090

per year · Andalucía

Rent-to-salary ratio

33.3%

of annual gross salary

The national average effort is 55.4% of per capita income. Rincón de la Victoria is 0 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

12%

of estimated active population

Registered unemployed

2,625

people

Annual change

-9.5%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

How much do you need to earn to live in Rincón de la Victoria?

With rent at €723/month, the recommended salary (30% rule) is €42,500 gross/year.

Recommended salary

42,500

gross / year

Rent

723

/ month

Real avg income

15,614

net / year

€ gross / year

Enter your gross annual salary to see what rent in Rincón de la Victoria means for your budget.

What would a mortgage cost in Rincón de la Victoria?

For a €145,000 property (estimated from current rent), the monthly payment would be €581 over 25 years at 3.5%. You need €43,500 for the down payment and costs (20% + 10%). Based on average incomes in Rincón de la Victoria, saving that amount would take around 3.8 years.

What does it cost to live in Rincón de la Victoria?

Rent is €723/month. With average food, transport and utilities, the estimated cost of living is €1,493/month. Adjust each category to your situation.

🏠 Rent723
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,493
Avg net income: €1,301/month-192 margin

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

Climate

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

16°9.2°Jan16.6°9.7°Feb18°10.9°Mar19.3°12.6°Apr22.5°15.5°May25.9°18.9°Jun29°21.8°Jul29.2°22.5°Aug26.4°19.9°Sep23°16.5°Oct19.4°12.7°Nov17.1°10.5°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023124.722723
2022120.604700
2021117.386681
2020115.261669

Frequently asked questions

How much does it cost to rent in Rincón de la Victoria?

The estimated rent in Rincón de la Victoria is €723/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Rincón de la Victoria?

Rent in Rincón de la Victoria has risen by 3.4% compared to the previous year, per the INE IPVA index.

Is Rincón de la Victoria expensive to rent compared to the national average?

Yes, rent in Rincón de la Victoria (€723/month) is 12% above the national average (€648/month).

How much do you need to earn to live in Rincón de la Victoria?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €29000 net per year to live in Rincón de la Victoria with a rent of €723/month.

What would a mortgage cost in Rincón de la Victoria?

For an estimated property price of €145,000 in Rincón de la Victoria (based on current rent of €723/month), the monthly mortgage payment would be €581 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €43,500 (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 Rincón de la Victoria (±10%)

More affordable options in Andalucía

Municipalities in Andalucía with lower rent than Rincón de la Victoria

Want to compare Rincón de la Victoria with another municipality?

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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: 29082