Rent price in Vilamarxant

Valencia/València · Comunitat Valenciana

Estimated rent · IPVA 2023

676per month
+4.5% year-on-yearPricier than 66% of Spainvs Spain: +28€ · avg €648

Net income

12.8k€

per capita/yr

Unemployment

11.9%

SEPE

Population

11,403

residents

View methodology →

Rent in Vilamarxant stands at €676/month in 2023 per the INE IPVA, a +4.5% year-on-year change. Since 2022 prices have risen 4.5%, placing it €5 above the Valencia/València provincial average (€671/month).

Idealista

Rental flats in Vilamarxant

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National market context

National rank

#255

out of 748 municipalities

vs CCAA

+33

region avg: €643

Trend vs Spain

+2.2%

avg: 2.3%

Trend vs region

+1.3%

region avg: €3.2

Vilamarxant ranks 255 out of 748 municipalities in the INE rent price index. It is close to the Comunitat Valenciana average (€643/month).

Rent price evolution

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

Income and housing effort

Net income per capita

12.846

per year · INE Atlas

Average household income

31.722

per year

Rent-to-income ratio

63.1%

of per capita income

Average gross salary

26.817

per year · Comunitat Valenciana

Rent-to-salary ratio

30.2%

of annual gross salary

The national average effort is 55.4% of per capita income. Vilamarxant is 8 points above that average.

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

Registered unemployment

Estimated unemployment rate

11.9%

of estimated active population

Registered unemployed

648

people

Annual change

-7%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €676/month, the recommended salary (30% rule) is €40,000 gross/year.

Recommended salary

40,000

gross / year

Rent

676

/ month

Real avg income

12,846

net / year

€ gross / year

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

What would a mortgage cost in Vilamarxant?

For a €135,000 property (estimated from current rent), the monthly payment would be €541 over 25 years at 3.5%. You need €40,500 for the down payment and costs (20% + 10%). Based on average incomes in Vilamarxant, saving that amount would take around 4.3 years.

What does it cost to live in Vilamarxant?

Rent is €676/month. With average food, transport and utilities, the estimated cost of living is €1,446/month. Adjust each category to your situation.

🏠 Rent676
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,446
Avg net income: €1,071/month-375 margin

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

Climate

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

16°6°Jan17.4°6.8°Feb19.3°8.4°Mar21.1°9.8°Apr25.5°13.4°May29.5°17.3°Jun32.6°20.2°Jul32.3°20.5°Aug28.2°17.8°Sep24.5°14.3°Oct19.4°10.1°Nov16.9°7.4°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023122.904676
2022117.576647

Frequently asked questions

How much does it cost to rent in Vilamarxant?

The estimated rent in Vilamarxant is €676/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Vilamarxant?

Rent in Vilamarxant has risen by 4.5% compared to the previous year, per the INE IPVA index.

Is Vilamarxant expensive to rent compared to the national average?

Rent in Vilamarxant (€676/month) is close to the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €27000 net per year to live in Vilamarxant with a rent of €676/month.

What would a mortgage cost in Vilamarxant?

For an estimated property price of €135,000 in Vilamarxant (based on current rent of €676/month), the monthly mortgage payment would be €541 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €40,500 (20% down + ~10% costs).

Valencia/València province

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Other municipalities in Valencia/València

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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: 46256