Rent price in Carballiño, O

Ourense · Galicia

Estimated rent · IPVA 2023

396per month
+1.3% year-on-yearTop 1% most affordable in Spainvs Spain: -252€ · avg €648

Net income

12.4k€

per capita/yr

Unemployment

10.1%

SEPE

Population

14,249

residents

View methodology →

Rent in Carballiño, O stands at €396/month in 2023 per the INE IPVA, a +1.3% year-on-year change. Since 2020 prices have risen 5%, placing it €7 below the Ourense provincial average (€403/month).

Idealista

Rental flats in Carballiño, O

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National market context

National rank

#742

out of 748 municipalities

vs Galicia

-135

region avg: €531

Trend vs Spain

-1%

avg: 2.3%

Trend vs region

-0.8%

region avg: €2.1

Carballiño, O is among Spain's most affordable municipalities (position 742 of 748).

Rent price evolution

Estimated monthly rent in Carballiño, O (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

12.419

per year · INE Atlas

Average household income

28.154

per year

Rent-to-income ratio

38.3%

of per capita income

Average gross salary

26.547

per year · Galicia

Rent-to-salary ratio

17.9%

of annual gross salary

The national average effort is 55.4% of per capita income. Carballiño, O is 17 points below that average.

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

Registered unemployment

Estimated unemployment rate

10.1%

of estimated active population

Registered unemployed

667

people

Annual change

-2.6%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

How much do you need to earn to live in Carballiño, O?

With rent at €396/month, the recommended salary (30% rule) is €22,500 gross/year.

Recommended salary

22,500

gross / year

Rent

396

/ month

Real avg income

12,419

net / year

€ gross / year

Enter your gross annual salary to see what rent in Carballiño, O means for your budget.

What would a mortgage cost in Carballiño, O?

For a €80,000 property (estimated from current rent), the monthly payment would be €320 over 25 years at 3.5%. You need €24,000 for the down payment and costs (20% + 10%). Based on average incomes in Carballiño, O, saving that amount would take around 2.8 years.

What does it cost to live in Carballiño, O?

Rent is €396/month. With average food, transport and utilities, the estimated cost of living is €1,166/month. Adjust each category to your situation.

🏠 Rent396
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,166
Avg net income: €1,035/month-131 margin

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

Climate

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

10.7°3.3°Jan12.4°4.3°Feb14.1°5.1°Mar17.2°7.1°Apr20.4°9.9°May23.3°13°Jun27.3°15.2°Jul27.7°15.3°Aug23.8°13.1°Sep19.5°10.9°Oct14.2°6.9°Nov12°5.1°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023107.132396
2022105.786391
2021105.067389
2020101.903377

Frequently asked questions

How much does it cost to rent in Carballiño, O?

The estimated rent in Carballiño, O is €396/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Carballiño, O?

Rent in Carballiño, O has risen by 1.3% compared to the previous year, per the INE IPVA index.

Is Carballiño, O expensive to rent compared to the national average?

No, rent in Carballiño, O (€396/month) is 39% below the national average (€648/month).

How much do you need to earn to live in Carballiño, O?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €16000 net per year to live in Carballiño, O with a rent of €396/month.

What would a mortgage cost in Carballiño, O?

For an estimated property price of €80,000 in Carballiño, O (based on current rent of €396/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 Carballiño, O (±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: 32019