Rent price in Torredonjimeno

Jaén · Andalucía

Estimated rent · IPVA 2023

391per month
+1.2% year-on-yearTop 0% most affordable in Spainvs Spain: -257€ · avg €648

Net income

12.0k€

per capita/yr

Unemployment

12.5%

SEPE

Population

13,213

residents

View methodology →

In 2023, the estimated rent in Torredonjimeno is €391/month (INE IPVA index), a +1.2% annual change and 3.7% higher than in 2020. Estimated provincial average in Jaén: €422/month.

Idealista

Rental flats in Torredonjimeno

External link to Idealista. UrbanStatsLab may earn a commission.

National market context

National rank

#746

out of 748 municipalities

vs Andalucía

-177

region avg: €568

Trend vs Spain

-1.1%

avg: 2.3%

Trend vs region

-0.6%

region avg: €1.8

Torredonjimeno is among Spain's most affordable municipalities (position 746 of 748).

Rent price evolution

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

Income and housing effort

Net income per capita

11.981

per year · INE Atlas

Average household income

29.910

per year

Rent-to-income ratio

39.2%

of per capita income

Average gross salary

26.090

per year · Andalucía

Rent-to-salary ratio

18%

of annual gross salary

The national average effort is 55.4% of per capita income. Torredonjimeno is 16 points below that average.

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

Registered unemployment

Estimated unemployment rate

12.5%

of estimated active population

Registered unemployed

689

people

Annual change

-13.7%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €391/month, the recommended salary (30% rule) is €22,000 gross/year.

Recommended salary

22,000

gross / year

Rent

391

/ month

Real avg income

11,981

net / year

€ gross / year

Enter your gross annual salary to see what rent in Torredonjimeno means for your budget.

What would a mortgage cost in Torredonjimeno?

For a €80,000 property (estimated from current rent), the monthly payment would be €320 over 25 years at 3.5%. You need €24,000 for the down payment and costs (20% + 10%). Based on average incomes in Torredonjimeno, saving that amount would take around 2.7 years.

What does it cost to live in Torredonjimeno?

Rent is €391/month. With average food, transport and utilities, the estimated cost of living is €1,161/month. Adjust each category to your situation.

🏠 Rent391
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,161
Avg net income: €998/month-163 margin

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

Climate

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

12.4°3.9°Jan14.7°5.3°Feb16.9°6.6°Mar20°9.4°Apr25.3°13.1°May30.1°17.2°Jun35.3°21.2°Jul34.7°21.4°Aug28.8°17.2°Sep23.8°13.6°Oct16.6°8.2°Nov14.1°5.8°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023102.935391
2022101.717387
202199.407378
202099.338377

Frequently asked questions

How much does it cost to rent in Torredonjimeno?

The estimated rent in Torredonjimeno is €391/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Torredonjimeno?

Rent in Torredonjimeno has risen by 1.2% compared to the previous year, per the INE IPVA index.

Is Torredonjimeno expensive to rent compared to the national average?

No, rent in Torredonjimeno (€391/month) is 40% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €16000 net per year to live in Torredonjimeno with a rent of €391/month.

What would a mortgage cost in Torredonjimeno?

For an estimated property price of €80,000 in Torredonjimeno (based on current rent of €391/month), the monthly mortgage payment would be €320 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €24,000 (20% down + ~10% costs).

Jaén province

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Other municipalities in Jaén

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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: 23087