Rent price in Arona

Santa Cruz de Tenerife · Canarias

Estimated rent · IPVA 2023

592per month
+3.5% year-on-yearCheaper than 54% of Spainvs Spain: -56€ · avg €648

Net income

11.2k€

per capita/yr

Unemployment

10.2%

SEPE

Population

87,793

residents

View methodology →

In 2023, the estimated rent in Arona is €592/month (INE IPVA index), a +3.5% annual change and 8.4% higher than in 2020. Estimated provincial average in Santa Cruz de Tenerife: €581/month.

Full guide: living in Arona

Monthly budget, required salary and mortgage estimate

Idealista

Rental flats in Arona

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National market context

National rank

#405

out of 748 municipalities

vs Canarias

+3

region avg: €589

Trend vs Spain

+1.2%

avg: 2.3%

Trend vs region

+0.8%

region avg: €2.7

Arona ranks 405 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 Arona (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

11.184

per year · INE Atlas

Average household income

30.042

per year

Rent-to-income ratio

63.5%

of per capita income

Average gross salary

25.120

per year · Canarias

Rent-to-salary ratio

28.3%

of annual gross salary

The national average effort is 55.4% of per capita income. Arona is 8 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

10.2%

of estimated active population

Registered unemployed

4,733

people

Annual change

-2%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €592/month, the recommended salary (30% rule) is €35,000 gross/year.

Recommended salary

35,000

gross / year

Rent

592

/ month

Real avg income

11,184

net / year

€ gross / year

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

What would a mortgage cost in Arona?

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 Arona, saving that amount would take around 4 years.

What does it cost to live in Arona?

Rent is €592/month. With average food, transport and utilities, the estimated cost of living is €1,362/month. Adjust each category to your situation.

🏠 Rent592
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,362
Avg net income: €932/month-430 margin

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

Climate

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

16.9°10.9°Jan17.1°10.9°Feb17.6°11.3°Mar18.1°12.2°Apr19.4°13.7°May20.9°15.3°Jun24°17.9°Jul24.9°19.1°Aug23.1°17.5°Sep22.4°16.7°Oct20.2°14.5°Nov18.2°12.2°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023123.432592
2022119.205572
2021114.585550
2020113.854546

Frequently asked questions

How much does it cost to rent in Arona?

The estimated rent in Arona is €592/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Arona?

Rent in Arona has risen by 3.5% compared to the previous year, per the INE IPVA index.

Is Arona expensive to rent compared to the national average?

No, rent in Arona (€592/month) is 9% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €24000 net per year to live in Arona with a rent of €592/month.

What would a mortgage cost in Arona?

For an estimated property price of €120,000 in Arona (based on current rent of €592/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).

Santa Cruz de Tenerife province

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Other municipalities in Santa Cruz de Tenerife

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Municipalities in Spain with a similar rent to Arona (±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: 38006