Rent price in Toledo
Toledo · Castilla-La Mancha
Estimated rent · IPVA 2023
Net income
16.7k€
per capita/yr
Unemployment
8.4%
SEPE
Population
87,216
residents
According to INE IPVA data, estimated rent in Toledo is €520/month in 2023 — +3% year-on-year. Back in 2020 it was €478/month, a 8.8% increase over 4 years. Provincial average (Toledo): €532/month.
Full guide: living in Toledo
Monthly budget, required salary and mortgage estimate
Idealista
Rental flats in Toledo →
External link to Idealista. UrbanStatsLab may earn a commission.
National market context
National rank
#612
out of 748 municipalities
vs Castilla-La Mancha
+34€
region avg: €486
Trend vs Spain
+0.7%
avg: 2.3%
Trend vs region
+0.5%
region avg: €2.5
Toledo ranks 612 out of 748 municipalities in the INE rent price index. It is 7% above the Castilla-La Mancha average (€486/month).
Rent price evolution
Estimated monthly rent in Toledo (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
16.704€
per year · INE Atlas
Average household income
43.465€
per year
Rent-to-income ratio
37.4%
of per capita income
Average gross salary
26.062€
per year · Castilla-La Mancha
Rent-to-salary ratio
23.9%
of annual gross salary
The national average effort is 55.4% of per capita income. Toledo is 18 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.
Registered unemployment
Estimated unemployment rate
8.4%
of estimated active population
Registered unemployed
3,287
people
Annual change
-6.5%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Toledo?
With rent at €520/month, the recommended salary (30% rule) is €29,500 gross/year.
Recommended salary
29,500€
gross / year
Rent
520€
/ month
Real avg income
16,704€
net / year
Enter your gross annual salary to see what rent in Toledo means for your budget.
What would a mortgage cost in Toledo?
For a €105,000 property (estimated from current rent), the monthly payment would be €421 over 25 years at 3.5%. You need €31,500 for the down payment and costs (20% + 10%). Based on average incomes in Toledo, saving that amount would take around 2.4 years.
What does it cost to live in Toledo?
Rent is €520/month. With average food, transport and utilities, the estimated cost of living is €1,290/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 | 121.002 | 520€ |
| 2022 | 117.484 | 505€ |
| 2021 | 113.724 | 489€ |
| 2020 | 111.157 | 478€ |
Frequently asked questions
How much does it cost to rent in Toledo?
The estimated rent in Toledo is €520/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Toledo?
Rent in Toledo has risen by 3% compared to the previous year, per the INE IPVA index.
Is Toledo expensive to rent compared to the national average?
No, rent in Toledo (€520/month) is 20% below the national average (€648/month).
How much do you need to earn to live in Toledo?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €21000 net per year to live in Toledo with a rent of €520/month.
What would a mortgage cost in Toledo?
For an estimated property price of €105,000 in Toledo (based on current rent of €520/month), the monthly mortgage payment would be €421 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €31,500 (20% down + ~10% costs).
Toledo province
View all municipalities and compare prices
Other municipalities in Toledo
Municipalities with similar rent
Municipalities in Spain with a similar rent to Toledo (±10%)
More affordable options in Castilla-La Mancha
Municipalities in Castilla-La Mancha with lower rent than Toledo
Want to compare Toledo 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: 45168