Rent price in Torrox
Málaga · Andalucía
Estimated rent · IPVA 2023
Net income
10.7k€
per capita/yr
Unemployment
11.9%
SEPE
Population
22,015
residents
According to INE IPVA data, estimated rent in Torrox is €691/month in 2023 — +2.1% year-on-year. Back in 2020 it was €643/month, a 7.5% increase over 4 years. Provincial average (Málaga): €712/month.
Idealista
Rental flats in Torrox →
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National market context
National rank
#220
out of 748 municipalities
vs Andalucía
+123€
region avg: €568
Trend vs Spain
-0.2%
avg: 2.3%
Trend vs region
+0.3%
region avg: €1.8
Torrox ranks 220 out of 748 municipalities in the INE rent price index. It is 22% above the Andalucía average (€568/month).
Rent price evolution
Estimated monthly rent in Torrox (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
10.740€
per year · INE Atlas
Average household income
26.227€
per year
Rent-to-income ratio
77.2%
of per capita income
Average gross salary
26.090€
per year · Andalucía
Rent-to-salary ratio
31.8%
of annual gross salary
The national average effort is 55.4% of per capita income. Torrox is 22 points above 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
11.9%
of estimated active population
Registered unemployed
1,091
people
Annual change
-9%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Torrox?
With rent at €691/month, the recommended salary (30% rule) is €41,000 gross/year.
Recommended salary
41,000€
gross / year
Rent
691€
/ month
Real avg income
10,740€
net / year
Enter your gross annual salary to see what rent in Torrox means for your budget.
What would a mortgage cost in Torrox?
For a €140,000 property (estimated from current rent), the monthly payment would be €561 over 25 years at 3.5%. You need €42,000 for the down payment and costs (20% + 10%). Based on average incomes in Torrox, saving that amount would take around 5.3 years.
What does it cost to live in Torrox?
Rent is €691/month. With average food, transport and utilities, the estimated cost of living is €1,461/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 | 119.218 | 691€ |
| 2022 | 116.742 | 677€ |
| 2021 | 113.310 | 657€ |
| 2020 | 110.941 | 643€ |
Frequently asked questions
How much does it cost to rent in Torrox?
The estimated rent in Torrox is €691/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Torrox?
Rent in Torrox has risen by 2.1% compared to the previous year, per the INE IPVA index.
Is Torrox expensive to rent compared to the national average?
Yes, rent in Torrox (€691/month) is 7% above the national average (€648/month).
How much do you need to earn to live in Torrox?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €28000 net per year to live in Torrox with a rent of €691/month.
What would a mortgage cost in Torrox?
For an estimated property price of €140,000 in Torrox (based on current rent of €691/month), the monthly mortgage payment would be €561 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €42,000 (20% down + ~10% costs).
Málaga province
View all municipalities and compare prices
Other municipalities in Málaga
Municipalities with similar rent
Municipalities in Spain with a similar rent to Torrox (±10%)
More affordable options in Andalucía
Municipalities in Andalucía with lower rent than Torrox
Want to compare Torrox 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: 29091