Rent price in Canals
Valencia/València · Comunitat Valenciana
Estimated rent · IPVA 2023
Net income
12.0k€
per capita/yr
Unemployment
12%
SEPE
Population
13,746
residents
According to INE IPVA data, estimated rent in Canals is €577/month in 2023 — +0.4% year-on-year. Back in 2020 it was €547/month, a 5.5% increase over 4 years. Provincial average (Valencia/València): €671/month.
National market context
National rank
#449
out of 753 municipalities
vs CCAA
-66€
region avg: €643
Trend vs Spain
-1.9%
avg: 2.3%
Trend vs region
-2.8%
region avg: €3.2
Canals ranks 449 out of 753 municipalities in the INE rent price index. It is 10% below the Comunitat Valenciana average (€643/month).
Rent price evolution
Estimated monthly rent in Canals (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
11.984€
per year · INE Atlas
Average household income
30.955€
per year
Rent-to-income ratio
57.8%
of per capita income
Average gross salary
26.817€
per year · Comunitat Valenciana
Rent-to-salary ratio
25.8%
of annual gross salary
The national average effort is 55.3% of per capita income. Canals is 3 points above that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Comunitat Valenciana average.
What would it cost to live in Canals?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
12%
of estimated active population
Registered unemployed
792
people
Annual change
-7.5%
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 | 104.996 | 577€ |
| 2022 | 104.557 | 575€ |
| 2021 | 101.071 | 556€ |
| 2020 | 99.488 | 547€ |
Idealista
Rental flats in Canals →
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Frequently asked questions
How much does it cost to rent in Canals?
The estimated rent in Canals is €577/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Canals?
Rent in Canals has risen by 0.4% compared to the previous year, per the INE IPVA index.
Is Canals expensive to rent compared to the national average?
No, rent in Canals (€577/month) is 11% below the national average (€648/month).
How much do you need to earn to live in Canals?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €23000 net per year to live in Canals with a rent of €577/month.
What would a mortgage cost in Canals?
For an estimated property price of €115,000 in Canals (based on current rent of €577/month), the monthly mortgage payment would be €461 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €34,500 (20% down + ~10% costs).
Valencia/València province
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Other municipalities in Valencia/València
Municipalities with similar rent
Municipalities in Spain with a similar rent to Canals (±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: 46081