Rent price in Barco de Valdeorras, O
Ourense · Galicia
Estimated rent · IPVA 2023
Net income
14.0k€
per capita/yr
Unemployment
9.1%
SEPE
Population
13,368
residents
In 2023, the estimated rent in Barco de Valdeorras, O is €410/month (INE IPVA index), a +1% annual change and 4.6% higher than in 2020. Estimated provincial average in Ourense: €403/month.
National market context
National rank
#737
out of 753 municipalities
vs Galicia
-121€
region avg: €531
Trend vs Spain
-1.3%
avg: 2.3%
Trend vs region
-1.1%
region avg: €2.1
Barco de Valdeorras, O is among Spain's most affordable municipalities (position 737 of 753).
Rent price evolution
Estimated monthly rent in Barco de Valdeorras, O (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
14.040€
per year · INE Atlas
Average household income
32.961€
per year
Rent-to-income ratio
35%
of per capita income
Average gross salary
26.547€
per year · Galicia
Rent-to-salary ratio
18.5%
of annual gross salary
The national average effort is 55.3% of per capita income. Barco de Valdeorras, O is 20 points below that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Galicia average.
What would it cost to live in Barco de Valdeorras, O?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
9.1%
of estimated active population
Registered unemployed
559
people
Annual change
+0.7%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
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 | 110.932 | 410€ |
| 2022 | 109.869 | 407€ |
| 2021 | 107.640 | 398€ |
| 2020 | 106.035 | 392€ |
Idealista
Rental flats in Barco de Valdeorras, O →
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Frequently asked questions
How much does it cost to rent in Barco de Valdeorras, O?
The estimated rent in Barco de Valdeorras, O is €410/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Barco de Valdeorras, O?
Rent in Barco de Valdeorras, O has risen by 1% compared to the previous year, per the INE IPVA index.
Is Barco de Valdeorras, O expensive to rent compared to the national average?
No, rent in Barco de Valdeorras, O (€410/month) is 37% below the national average (€648/month).
How much do you need to earn to live in Barco de Valdeorras, O?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €16000 net per year to live in Barco de Valdeorras, O with a rent of €410/month.
What would a mortgage cost in Barco de Valdeorras, O?
For an estimated property price of €80,000 in Barco de Valdeorras, O (based on current rent of €410/month), the monthly mortgage payment would be €320 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €24,000 (20% down + ~10% costs).
Ourense province
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Other municipalities in Ourense
Municipalities with similar rent
Municipalities in Spain with a similar rent to Barco de Valdeorras, O (±10%)
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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: 32009