Rent price in Torre-Pacheco
Murcia · Región de Murcia
Estimated rent · IPVA 2023
Net income
10.7k€
per capita/yr
Unemployment
6.4%
SEPE
Population
41,479
residents
In 2023, the estimated rent in Torre-Pacheco is €509/month (INE IPVA index), a +2.6% annual change and 5.6% higher than in 2020. Estimated provincial average in Murcia: €530/month.
Idealista
Rental flats in Torre-Pacheco →
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National market context
National rank
#625
out of 748 municipalities
vs Región de Murcia
-21€
region avg: €530
Trend vs Spain
+0.3%
avg: 2.3%
Trend vs region
+0.8%
region avg: €1.8
Torre-Pacheco ranks 625 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 Torre-Pacheco (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
10.699€
per year · INE Atlas
Average household income
33.036€
per year
Rent-to-income ratio
57.1%
of per capita income
Average gross salary
26.349€
per year · Región de Murcia
Rent-to-salary ratio
23.2%
of annual gross salary
The national average effort is 55.4% of per capita income. Torre-Pacheco is 2 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
6.4%
of estimated active population
Registered unemployed
1,314
people
Annual change
-7.3%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Torre-Pacheco?
With rent at €509/month, the recommended salary (30% rule) is €28,500 gross/year.
Recommended salary
28,500€
gross / year
Rent
509€
/ month
Real avg income
10,699€
net / year
Enter your gross annual salary to see what rent in Torre-Pacheco means for your budget.
What would a mortgage cost in Torre-Pacheco?
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 Torre-Pacheco, saving that amount would take around 3 years.
What does it cost to live in Torre-Pacheco?
Rent is €509/month. With average food, transport and utilities, the estimated cost of living is €1,279/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 | 110.707 | 509€ |
| 2022 | 107.945 | 497€ |
| 2021 | 105.743 | 486€ |
| 2020 | 104.863 | 482€ |
Frequently asked questions
How much does it cost to rent in Torre-Pacheco?
The estimated rent in Torre-Pacheco is €509/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Torre-Pacheco?
Rent in Torre-Pacheco has risen by 2.6% compared to the previous year, per the INE IPVA index.
Is Torre-Pacheco expensive to rent compared to the national average?
No, rent in Torre-Pacheco (€509/month) is 21% below the national average (€648/month).
How much do you need to earn to live in Torre-Pacheco?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €20000 net per year to live in Torre-Pacheco with a rent of €509/month.
What would a mortgage cost in Torre-Pacheco?
For an estimated property price of €100,000 in Torre-Pacheco (based on current rent of €509/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
Municipalities with similar rent
Municipalities in Spain with a similar rent to Torre-Pacheco (±10%)
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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: 30037