Rent price in Torredelcampo

Jaén · Andalucía

Estimated rent · IPVA 2023

438per month
+2.2% year-on-yearTop 7% most affordable in Spainvs Spain: -210€ · avg €648

Net income

11.5k€

per capita/yr

Unemployment

10.9%

SEPE

Population

13,888

residents

View methodology →

In 2023, the estimated rent in Torredelcampo is €438/month (INE IPVA index), a +2.2% annual change and 5% higher than in 2020. Estimated provincial average in Jaén: €422/month.

National market context

National rank

#702

out of 753 municipalities

vs Andalucía

-130

region avg: €568

Trend vs Spain

-0.1%

avg: 2.3%

Trend vs region

+0.4%

region avg: €1.8

Torredelcampo ranks 702 out of 753 municipalities in the INE rent price index. It is 23% below the Andalucía average (€568/month).

Rent price evolution

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

Income and housing effort

Net income per capita

11.467

per year · INE Atlas

Average household income

30.130

per year

Rent-to-income ratio

45.8%

of per capita income

Average gross salary

26.090

per year · Andalucía

Rent-to-salary ratio

20.1%

of annual gross salary

The national average effort is 55.3% of per capita income. Torredelcampo is 10 points below that average.

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

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Registered unemployment

Estimated unemployment rate

10.9%

of estimated active population

Registered unemployed

632

people

Annual change

-11.2%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

12.2°3.6°Jan14.6°4.8°Feb16.8°6.2°Mar20°9.1°Apr25.2°12.8°May30°16.8°Jun35.2°20.8°Jul34.6°20.9°Aug28.7°16.7°Sep23.8°13.1°Oct16.5°7.8°Nov14°5.3°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023115.293438
2022112.812429
2021111.582424
2020109.620417

Idealista

Rental flats in Torredelcampo

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Torredelcampo?

The estimated rent in Torredelcampo is €438/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Torredelcampo?

Rent in Torredelcampo has risen by 2.2% compared to the previous year, per the INE IPVA index.

Is Torredelcampo expensive to rent compared to the national average?

No, rent in Torredelcampo (€438/month) is 32% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €18000 net per year to live in Torredelcampo with a rent of €438/month.

What would a mortgage cost in Torredelcampo?

For an estimated property price of €90,000 in Torredelcampo (based on current rent of €438/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).

Jaén province

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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: 23086