Rent price in Algaba, La
Sevilla · Andalucía
Estimated rent · IPVA 2023
Net income
11.0k€
per capita/yr
Unemployment
20.7%
SEPE
Population
16,803
residents
In 2023, the estimated rent in Algaba, La is €653/month (INE IPVA index), a +2.2% annual change and 5.7% higher than in 2020. Estimated provincial average in Sevilla: €638/month.
Idealista
Rental flats in Algaba, La →
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National market context
National rank
#280
out of 748 municipalities
vs Andalucía
+85€
region avg: €568
Trend vs Spain
-0.1%
avg: 2.3%
Trend vs region
+0.4%
region avg: €1.8
Algaba, La ranks 280 out of 748 municipalities in the INE rent price index. It is 15% above the Andalucía average (€568/month).
Rent price evolution
Estimated monthly rent in Algaba, La (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
11.043€
per year · INE Atlas
Average household income
30.267€
per year
Rent-to-income ratio
71%
of per capita income
Average gross salary
26.090€
per year · Andalucía
Rent-to-salary ratio
30%
of annual gross salary
The national average effort is 55.4% of per capita income. Algaba, La is 16 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
20.7%
of estimated active population
Registered unemployed
1,453
people
Annual change
-2.1%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Algaba, La?
With rent at €653/month, the recommended salary (30% rule) is €38,500 gross/year.
Recommended salary
38,500€
gross / year
Rent
653€
/ month
Real avg income
11,043€
net / year
Enter your gross annual salary to see what rent in Algaba, La means for your budget.
What would a mortgage cost in Algaba, La?
For a €130,000 property (estimated from current rent), the monthly payment would be €521 over 25 years at 3.5%. You need €39,000 for the down payment and costs (20% + 10%). Based on average incomes in Algaba, La, saving that amount would take around 4.3 years.
What does it cost to live in Algaba, La?
Rent is €653/month. With average food, transport and utilities, the estimated cost of living is €1,423/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 | 118.733 | 653€ |
| 2022 | 116.182 | 639€ |
| 2021 | 114.719 | 631€ |
| 2020 | 112.445 | 618€ |
Frequently asked questions
How much does it cost to rent in Algaba, La?
The estimated rent in Algaba, La is €653/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Algaba, La?
Rent in Algaba, La has risen by 2.2% compared to the previous year, per the INE IPVA index.
Is Algaba, La expensive to rent compared to the national average?
Rent in Algaba, La (€653/month) is close to the national average (€648/month).
How much do you need to earn to live in Algaba, La?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €26000 net per year to live in Algaba, La with a rent of €653/month.
What would a mortgage cost in Algaba, La?
For an estimated property price of €130,000 in Algaba, La (based on current rent of €653/month), the monthly mortgage payment would be €521 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €39,000 (20% down + ~10% costs).
Sevilla province
View all municipalities and compare prices
Other municipalities in Sevilla
Municipalities with similar rent
Municipalities in Spain with a similar rent to Algaba, La (±10%)
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Want to compare Algaba, La 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: 41007