Rent price in Tarancón

Cuenca · Castilla-La Mancha

Estimated rent · IPVA 2023

456per month
+3.9% year-on-yearTop 9% most affordable in Spainvs Spain: -192€ · avg €648

Net income

12.4k€

per capita/yr

Unemployment

12.2%

SEPE

Population

16,748

residents

View methodology →

According to INE IPVA data, estimated rent in Tarancón is €456/month in 2023 — +3.9% year-on-year. Back in 2020 it was €405/month, a 12.6% increase over 4 years. Provincial average (Cuenca): €441/month.

National market context

National rank

#686

out of 753 municipalities

vs Castilla-La Mancha

-30

region avg: €486

Trend vs Spain

+1.6%

avg: 2.3%

Trend vs region

+1.4%

region avg: €2.5

Tarancón ranks 686 out of 753 municipalities in the INE rent price index. It is 6% below the Castilla-La Mancha average (€486/month).

Rent price evolution

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

Income and housing effort

Net income per capita

12.357

per year · INE Atlas

Average household income

33.098

per year

Rent-to-income ratio

44.3%

of per capita income

Average gross salary

26.062

per year · Castilla-La Mancha

Rent-to-salary ratio

21%

of annual gross salary

The national average effort is 55.3% of per capita income. Tarancón is 11 points below that average.

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

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Registered unemployment

Estimated unemployment rate

12.2%

of estimated active population

Registered unemployed

917

people

Annual change

-4.6%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

10°1°Jan12.7°2.7°Feb15.2°4.4°Mar18.3°7°Apr23.7°11°May28.9°16°Jun34°19.7°Jul32.8°19.4°Aug26.4°14.6°Sep21.2°10.9°Oct14.3°5.7°Nov11.5°2.9°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023126.567456
2022121.798438
2021117.244422
2020112.572405

Idealista

Rental flats in Tarancón

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Tarancón?

The estimated rent in Tarancón is €456/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Tarancón?

Rent in Tarancón has risen by 3.9% compared to the previous year, per the INE IPVA index.

Is Tarancón expensive to rent compared to the national average?

No, rent in Tarancón (€456/month) is 30% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €18000 net per year to live in Tarancón with a rent of €456/month.

What would a mortgage cost in Tarancón?

For an estimated property price of €90,000 in Tarancón (based on current rent of €456/month), the monthly mortgage payment would be €360 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €27,000 (20% down + ~10% costs).

Cuenca province

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Other municipalities in Cuenca

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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: 16203