Rent price in Antigua

Las Palmas · Canarias

Estimated rent · IPVA 2023

599per month
+2.3% year-on-yearCheaper than 51% of Spainvs Spain: -49€ · avg €648

Net income

12.6k€

per capita/yr

Unemployment

6%

SEPE

Population

14,164

residents

View methodology →

In 2023, the estimated rent in Antigua is €599/month (INE IPVA index), a +2.3% annual change and 7.2% higher than in 2020. Estimated provincial average in Las Palmas: €596/month.

Idealista

Rental flats in Antigua

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National market context

National rank

#385

out of 748 municipalities

vs Canarias

+10

region avg: €589

Trend vs Spain

0%

avg: 2.3%

Trend vs region

-0.4%

region avg: €2.7

Antigua ranks 385 out of 748 municipalities in the INE rent price index. It is close to the Canarias average (€589/month).

Rent price evolution

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

Income and housing effort

Net income per capita

12.607

per year · INE Atlas

Average household income

33.154

per year

Rent-to-income ratio

57%

of per capita income

Average gross salary

25.120

per year · Canarias

Rent-to-salary ratio

28.6%

of annual gross salary

The national average effort is 55.4% of per capita income. Antigua is 2 points above that average.

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

Registered unemployment

Estimated unemployment rate

6%

of estimated active population

Registered unemployed

452

people

Annual change

-6.4%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €599/month, the recommended salary (30% rule) is €35,500 gross/year.

Recommended salary

35,500

gross / year

Rent

599

/ month

Real avg income

12,607

net / year

€ gross / year

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

What would a mortgage cost in Antigua?

For a €120,000 property (estimated from current rent), the monthly payment would be €481 over 25 years at 3.5%. You need €36,000 for the down payment and costs (20% + 10%). Based on average incomes in Antigua, saving that amount would take around 3.6 years.

What does it cost to live in Antigua?

Rent is €599/month. With average food, transport and utilities, the estimated cost of living is €1,369/month. Adjust each category to your situation.

🏠 Rent599
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,369
Avg net income: €1,051/month-318 margin

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

Climate

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

19.7°12.8°Jan20.2°12.9°Feb21.2°13.3°Mar22.4°14.4°Apr23.8°15.7°May25.1°17.3°Jun27.5°18.8°Jul28.7°19.8°Aug27.1°19.1°Sep26.2°18.1°Oct23.4°16°Nov20.9°14°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023119.853599
2022117.182586
2021114.499572
2020111.770559

Frequently asked questions

How much does it cost to rent in Antigua?

The estimated rent in Antigua is €599/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Antigua?

Rent in Antigua has risen by 2.3% compared to the previous year, per the INE IPVA index.

Is Antigua expensive to rent compared to the national average?

No, rent in Antigua (€599/month) is 8% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €24000 net per year to live in Antigua with a rent of €599/month.

What would a mortgage cost in Antigua?

For an estimated property price of €120,000 in Antigua (based on current rent of €599/month), the monthly mortgage payment would be €481 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €36,000 (20% down + ~10% costs).

Las Palmas province

View all municipalities and compare prices

Other municipalities in Las Palmas

Municipalities with similar rent

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

More affordable options in Canarias

Municipalities in Canarias with lower rent than Antigua

Want to compare Antigua 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: 35003