Rent price in Unión, La

Murcia · Región de Murcia

Estimated rent · IPVA 2023

551per month
+1.6% year-on-yearCheaper than 71% of Spainvs Spain: -97€ · avg €648

Net income

10.7k€

per capita/yr

Unemployment

12.4%

SEPE

Population

21,380

residents

View methodology →

According to INE IPVA data, estimated rent in Unión, La is €551/month in 2023 — +1.6% year-on-year. Back in 2020 it was €524/month, a 5.2% increase over 4 years. Provincial average (Murcia): €530/month.

National market context

National rank

#535

out of 753 municipalities

vs Región de Murcia

+21

region avg: €530

Trend vs Spain

-0.7%

avg: 2.3%

Trend vs region

-0.2%

region avg: €1.8

Unión, La ranks 535 out of 753 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 Unión, La (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

10.670

per year · INE Atlas

Average household income

31.841

per year

Rent-to-income ratio

62%

of per capita income

Average gross salary

26.349

per year · Región de Murcia

Rent-to-salary ratio

25.1%

of annual gross salary

The national average effort is 55.3% of per capita income. Unión, La is 7 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.

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Registered unemployment

Estimated unemployment rate

12.4%

of estimated active population

Registered unemployed

1,308

people

Annual change

-8.3%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

14.2°7.7°Jan14.8°8.7°Feb16°9.9°Mar17.4°11.6°Apr20.6°14.5°May24.1°18.2°Jun27.2°21.4°Jul27.9°22.2°Aug25.5°19.9°Sep22.1°16.3°Oct18.3°12°Nov15.6°9.1°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023119.823551
2022117.951543
2021115.300530
2020113.882524

Idealista

Rental flats in Unión, La

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Unión, La?

The estimated rent in Unión, La is €551/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Unión, La?

Rent in Unión, La has risen by 1.6% compared to the previous year, per the INE IPVA index.

Is Unión, La expensive to rent compared to the national average?

No, rent in Unión, La (€551/month) is 15% below the national average (€648/month).

How much do you need to earn to live in Unión, La?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €22000 net per year to live in Unión, La with a rent of €551/month.

What would a mortgage cost in Unión, La?

For an estimated property price of €110,000 in Unión, La (based on current rent of €551/month), the monthly mortgage payment would be €441 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €33,000 (20% down + ~10% costs).

Murcia 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: 30041