Rent price in Alberic

Valencia/València · Comunitat Valenciana

Estimated rent · IPVA 2023

615per month
+4.3% year-on-yearPricier than 51% of Spainvs Spain: -33€ · avg €648

Net income

12.1k€

per capita/yr

Unemployment

10.3%

SEPE

Population

11,099

residents

View methodology →

According to INE IPVA data, estimated rent in Alberic is €615/month in 2023 — +4.3% year-on-year. Back in 2020 it was €581/month, a 5.9% increase over 4 years. Provincial average (Valencia/València): €671/month.

Idealista

Rental flats in Alberic

External link to Idealista. UrbanStatsLab may earn a commission.

National market context

National rank

#364

out of 748 municipalities

vs CCAA

-28

region avg: €643

Trend vs Spain

+2%

avg: 2.3%

Trend vs region

+1.1%

region avg: €3.2

Alberic ranks 364 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 Alberic (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

12.070

per year · INE Atlas

Average household income

31.085

per year

Rent-to-income ratio

61.1%

of per capita income

Average gross salary

26.817

per year · Comunitat Valenciana

Rent-to-salary ratio

27.5%

of annual gross salary

The national average effort is 55.4% of per capita income. Alberic is 6 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

10.3%

of estimated active population

Registered unemployed

548

people

Annual change

+0.2%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €615/month, the recommended salary (30% rule) is €36,500 gross/year.

Recommended salary

36,500

gross / year

Rent

615

/ month

Real avg income

12,070

net / year

€ gross / year

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

What would a mortgage cost in Alberic?

For a €125,000 property (estimated from current rent), the monthly payment would be €501 over 25 years at 3.5%. You need €37,500 for the down payment and costs (20% + 10%). Based on average incomes in Alberic, saving that amount would take around 4 years.

What does it cost to live in Alberic?

Rent is €615/month. With average food, transport and utilities, the estimated cost of living is €1,385/month. Adjust each category to your situation.

🏠 Rent615
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,385
Avg net income: €1,006/month-379 margin

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

Climate

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

16.4°5.7°Jan17.7°6.9°Feb19.9°8.8°Mar21.8°10.7°Apr26.3°14.2°May30.8°18.5°Jun34.1°21.9°Jul33.7°22°Aug29°18.7°Sep25.2°14.9°Oct19.9°10.2°Nov17.2°7.3°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023111.864615
2022107.258590
2021106.307585
2020105.571581

Frequently asked questions

How much does it cost to rent in Alberic?

The estimated rent in Alberic is €615/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Alberic?

Rent in Alberic has risen by 4.3% compared to the previous year, per the INE IPVA index.

Is Alberic expensive to rent compared to the national average?

Rent in Alberic (€615/month) is close to the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €25000 net per year to live in Alberic with a rent of €615/month.

What would a mortgage cost in Alberic?

For an estimated property price of €125,000 in Alberic (based on current rent of €615/month), the monthly mortgage payment would be €501 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €37,500 (20% down + ~10% costs).

Valencia/València province

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Other municipalities in Valencia/València

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Municipalities in Spain with a similar rent to Alberic (±10%)

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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: 46011