Rent price in Alovera

Guadalajara · Castilla-La Mancha

Estimated rent · IPVA 2023

547per month
+4.7% year-on-yearCheaper than 73% of Spainvs Spain: -101€ · avg €648

Net income

14.6k€

per capita/yr

Unemployment

9.9%

SEPE

Population

14,526

residents

View methodology →

According to INE IPVA data, estimated rent in Alovera is €547/month in 2023 — +4.7% year-on-year. Back in 2020 it was €496/month, a 10.3% increase over 4 years. Provincial average (Guadalajara): €542/month.

Idealista

Rental flats in Alovera

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National market context

National rank

#544

out of 748 municipalities

vs Castilla-La Mancha

+61

region avg: €486

Trend vs Spain

+2.4%

avg: 2.3%

Trend vs region

+2.2%

region avg: €2.5

Alovera ranks 544 out of 748 municipalities in the INE rent price index. It is 13% above the Castilla-La Mancha average (€486/month).

Rent price evolution

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

Income and housing effort

Net income per capita

14.601

per year · INE Atlas

Average household income

42.724

per year

Rent-to-income ratio

45%

of per capita income

Average gross salary

26.062

per year · Castilla-La Mancha

Rent-to-salary ratio

25.2%

of annual gross salary

The national average effort is 55.4% of per capita income. Alovera is 10 points below that average.

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

Registered unemployment

Estimated unemployment rate

9.9%

of estimated active population

Registered unemployed

646

people

Annual change

-5.7%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €547/month, the recommended salary (30% rule) is €31,000 gross/year.

Recommended salary

31,000

gross / year

Rent

547

/ month

Real avg income

14,601

net / year

€ gross / year

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

What would a mortgage cost in Alovera?

For a €110,000 property (estimated from current rent), the monthly payment would be €441 over 25 years at 3.5%. You need €33,000 for the down payment and costs (20% + 10%). Based on average incomes in Alovera, saving that amount would take around 2.6 years.

What does it cost to live in Alovera?

Rent is €547/month. With average food, transport and utilities, the estimated cost of living is €1,317/month. Adjust each category to your situation.

🏠 Rent547
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,317
Avg net income: €1,217/month-100 margin

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

Climate

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

10.1°0.7°Jan12.8°2.3°Feb15.4°4.1°Mar18.4°6.7°Apr23.5°10.6°May28.8°15.4°Jun33.8°19.1°Jul32.9°18.7°Aug26.3°14.1°Sep21.1°10.2°Oct14.3°5.3°Nov11.4°2.4°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023121.531547
2022116.102522
2021112.742507
2020110.219496

Frequently asked questions

How much does it cost to rent in Alovera?

The estimated rent in Alovera is €547/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Alovera?

Rent in Alovera has risen by 4.7% compared to the previous year, per the INE IPVA index.

Is Alovera expensive to rent compared to the national average?

No, rent in Alovera (€547/month) is 16% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €22000 net per year to live in Alovera with a rent of €547/month.

What would a mortgage cost in Alovera?

For an estimated property price of €110,000 in Alovera (based on current rent of €547/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).

Guadalajara province

View all municipalities and compare prices

Other municipalities in Guadalajara

Municipalities with similar rent

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

More affordable options in Castilla-La Mancha

Municipalities in Castilla-La Mancha with lower rent than Alovera

Want to compare Alovera with another municipality?

Rent, income, population and more, side by side.

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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: 19024