Rent price in Borriana/Burriana

Castellón/Castelló · Comunitat Valenciana

Estimated rent · IPVA 2023

544per month
+2.5% year-on-yearCheaper than 74% of Spainvs Spain: -104€ · avg €648

Net income

13.2k€

per capita/yr

Unemployment

10.7%

SEPE

Population

37,915

residents

View methodology →

Rent in Borriana/Burriana stands at €544/month in 2023 per the INE IPVA, a +2.5% year-on-year change. Since 2020 prices have risen 6.7%, placing it €24 below the Castellón/Castelló provincial average (€568/month).

Full guide: living in Borriana/Burriana

Monthly budget, required salary and mortgage estimate

National market context

National rank

#556

out of 753 municipalities

vs CCAA

-99

region avg: €643

Trend vs Spain

+0.2%

avg: 2.3%

Trend vs region

-0.7%

region avg: €3.2

Borriana/Burriana ranks 556 out of 753 municipalities in the INE rent price index. It is 15% below the Comunitat Valenciana average (€643/month).

Rent price evolution

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

Income and housing effort

Net income per capita

13.244

per year · INE Atlas

Average household income

33.802

per year

Rent-to-income ratio

49.3%

of per capita income

Average gross salary

26.817

per year · Comunitat Valenciana

Rent-to-salary ratio

24.3%

of annual gross salary

The national average effort is 55.3% of per capita income. Borriana/Burriana is 6 points below that average.

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

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Registered unemployment

Estimated unemployment rate

10.7%

of estimated active population

Registered unemployed

1,951

people

Annual change

-5.5%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

15.6°5.8°Jan16.5°6.6°Feb18.1°8.6°Mar19.6°10.3°Apr23.4°14°May27.4°18.3°Jun30.1°21.4°Jul30.3°21.7°Aug27°18.5°Sep23.6°14.7°Oct19.2°10.2°Nov16.6°7.2°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023113.388544
2022110.637531
2021108.012518
2020106.223510

Idealista

Rental flats in Borriana/Burriana

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Borriana/Burriana?

The estimated rent in Borriana/Burriana is €544/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Borriana/Burriana?

Rent in Borriana/Burriana has risen by 2.5% compared to the previous year, per the INE IPVA index.

Is Borriana/Burriana expensive to rent compared to the national average?

No, rent in Borriana/Burriana (€544/month) is 16% below the national average (€648/month).

How much do you need to earn to live in Borriana/Burriana?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €22000 net per year to live in Borriana/Burriana with a rent of €544/month.

What would a mortgage cost in Borriana/Burriana?

For an estimated property price of €110,000 in Borriana/Burriana (based on current rent of €544/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).

Castellón/Castelló province

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Other municipalities in Castellón/Castelló

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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: 12032