Rent price in San Pedro del Pinatar

Murcia · Región de Murcia

Estimated rent · IPVA 2023

506per month
+1.9% year-on-yearCheaper than 84% of Spainvs Spain: -142€ · avg €648

Net income

10.8k€

per capita/yr

Unemployment

9.6%

SEPE

Population

29,674

residents

View methodology →

Rent in San Pedro del Pinatar stands at €506/month in 2023 per the INE IPVA, a +1.9% year-on-year change. Since 2020 prices have risen 4.3%, placing it €24 below the Murcia provincial average (€530/month).

Idealista

Rental flats in San Pedro del Pinatar

External link to Idealista. UrbanStatsLab may earn a commission.

National market context

National rank

#629

out of 748 municipalities

vs Región de Murcia

-24

region avg: €530

Trend vs Spain

-0.4%

avg: 2.3%

Trend vs region

+0.1%

region avg: €1.8

San Pedro del Pinatar ranks 629 out of 748 municipalities in the INE rent price index. It is close to the Región de Murcia average (€530/month).

Rent price evolution

Estimated monthly rent in San Pedro del Pinatar (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

10.792

per year · INE Atlas

Average household income

30.444

per year

Rent-to-income ratio

56.3%

of per capita income

Average gross salary

26.349

per year · Región de Murcia

Rent-to-salary ratio

23%

of annual gross salary

The national average effort is 55.4% of per capita income. San Pedro del Pinatar is 1 points above that average.

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

Registered unemployment

Estimated unemployment rate

9.6%

of estimated active population

Registered unemployed

1,407

people

Annual change

-6.7%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

How much do you need to earn to live in San Pedro del Pinatar?

With rent at €506/month, the recommended salary (30% rule) is €28,500 gross/year.

Recommended salary

28,500

gross / year

Rent

506

/ month

Real avg income

10,792

net / year

€ gross / year

Enter your gross annual salary to see what rent in San Pedro del Pinatar means for your budget.

What would a mortgage cost in San Pedro del Pinatar?

For a €100,000 property (estimated from current rent), the monthly payment would be €400 over 25 years at 3.5%. You need €30,000 for the down payment and costs (20% + 10%). Based on average incomes in San Pedro del Pinatar, saving that amount would take around 3.3 years.

What does it cost to live in San Pedro del Pinatar?

Rent is €506/month. With average food, transport and utilities, the estimated cost of living is €1,276/month. Adjust each category to your situation.

🏠 Rent506
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,276
Avg net income: €899/month-377 margin

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

Climate

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

16.3°8.6°Jan17.3°9.6°Feb18.7°10.8°Mar20.1°12.5°Apr23.6°15.6°May27.4°19.4°Jun30.4°22.5°Jul30.6°23.1°Aug27.6°20.5°Sep24.2°16.9°Oct20.1°12.7°Nov17.6°10.1°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023109.995506
2022107.985497
2021106.448490
2020105.513485

Frequently asked questions

How much does it cost to rent in San Pedro del Pinatar?

The estimated rent in San Pedro del Pinatar is €506/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in San Pedro del Pinatar?

Rent in San Pedro del Pinatar has risen by 1.9% compared to the previous year, per the INE IPVA index.

Is San Pedro del Pinatar expensive to rent compared to the national average?

No, rent in San Pedro del Pinatar (€506/month) is 22% below the national average (€648/month).

How much do you need to earn to live in San Pedro del Pinatar?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €20000 net per year to live in San Pedro del Pinatar with a rent of €506/month.

What would a mortgage cost in San Pedro del Pinatar?

For an estimated property price of €100,000 in San Pedro del Pinatar (based on current rent of €506/month), the monthly mortgage payment would be €400 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €30,000 (20% down + ~10% costs).

Murcia province

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Other municipalities in Murcia

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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: 30036