Rent price in Alcañiz

Teruel · Aragón

Estimated rent · IPVA 2023

429per month
+1.8% year-on-yearTop 5% most affordable in Spainvs Spain: -219€ · avg €648

Net income

13.8k€

per capita/yr

Unemployment

7.1%

SEPE

Population

16,505

residents

View methodology →

Rent in Alcañiz stands at €429/month in 2023 per the INE IPVA, a +1.8% year-on-year change. Since 2020 prices have risen 7%, placing it €9 below the Teruel provincial average (€438/month).

Idealista

Rental flats in Alcañiz

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National market context

National rank

#709

out of 748 municipalities

vs Aragón

-113

region avg: €542

Trend vs Spain

-0.5%

avg: 2.3%

Trend vs region

-0.4%

region avg: €2.2

Alcañiz is among Spain's most affordable municipalities (position 709 of 748).

Rent price evolution

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

Income and housing effort

Net income per capita

13.816

per year · INE Atlas

Average household income

35.287

per year

Rent-to-income ratio

37.3%

of per capita income

Average gross salary

28.062

per year · Aragón

Rent-to-salary ratio

18.3%

of annual gross salary

The national average effort is 55.4% of per capita income. Alcañiz is 18 points below that average.

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

Registered unemployment

Estimated unemployment rate

7.1%

of estimated active population

Registered unemployed

563

people

Annual change

-7.1%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €429/month, the recommended salary (30% rule) is €24,000 gross/year.

Recommended salary

24,000

gross / year

Rent

429

/ month

Real avg income

13,816

net / year

€ gross / year

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

What would a mortgage cost in Alcañiz?

For a €85,000 property (estimated from current rent), the monthly payment would be €340 over 25 years at 3.5%. You need €25,500 for the down payment and costs (20% + 10%). Based on average incomes in Alcañiz, saving that amount would take around 2.4 years.

What does it cost to live in Alcañiz?

Rent is €429/month. With average food, transport and utilities, the estimated cost of living is €1,199/month. Adjust each category to your situation.

🏠 Rent429
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,199
Avg net income: €1,151/month-48 margin

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

Climate

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

11.4°3.7°Jan14.2°5°Feb17.3°7.2°Mar20.1°9°Apr25.1°12.9°May30.1°17.5°Jun34.1°20.3°Jul33.1°20.3°Aug27°16.3°Sep22.6°12.8°Oct15.9°8°Nov12.5°5.1°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023112.843429
2022110.808421
2021108.682413
2020105.549401

Frequently asked questions

How much does it cost to rent in Alcañiz?

The estimated rent in Alcañiz is €429/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Alcañiz?

Rent in Alcañiz has risen by 1.8% compared to the previous year, per the INE IPVA index.

Is Alcañiz expensive to rent compared to the national average?

No, rent in Alcañiz (€429/month) is 34% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €17000 net per year to live in Alcañiz with a rent of €429/month.

What would a mortgage cost in Alcañiz?

For an estimated property price of €85,000 in Alcañiz (based on current rent of €429/month), the monthly mortgage payment would be €340 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €25,500 (20% down + ~10% costs).

Teruel province

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Other municipalities in Teruel

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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: 44013