Rent price in Carballo

A Coruña · Galicia

Estimated rent · IPVA 2023

570per month
+2.1% year-on-yearCheaper than 62% of Spainvs Spain: -78€ · avg €648

Net income

13.3k€

per capita/yr

Unemployment

10.2%

SEPE

Population

32,120

residents

View methodology →

In 2023, the estimated rent in Carballo is €570/month (INE IPVA index), a +2.1% annual change and 6.9% higher than in 2020. Estimated provincial average in A Coruña: €562/month.

Full guide: living in Carballo

Monthly budget, required salary and mortgage estimate

National market context

National rank

#466

out of 753 municipalities

vs Galicia

+39

region avg: €531

Trend vs Spain

-0.2%

avg: 2.3%

Trend vs region

0%

region avg: €2.1

Carballo ranks 466 out of 753 municipalities in the INE rent price index. It is 7% above the Galicia average (€531/month).

Rent price evolution

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

Income and housing effort

Net income per capita

13.292

per year · INE Atlas

Average household income

33.105

per year

Rent-to-income ratio

51.5%

of per capita income

Average gross salary

26.547

per year · Galicia

Rent-to-salary ratio

25.8%

of annual gross salary

The national average effort is 55.3% of per capita income. Carballo is 4 points below that average.

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

FINANCIAL CALCULATORS

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Registered unemployment

Estimated unemployment rate

10.2%

of estimated active population

Registered unemployed

1,521

people

Annual change

-0.5%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

12.4°7.5°Jan13.1°7.7°Feb13.7°8°Mar15.5°9.3°Apr17.4°11.6°May19.2°13.7°Jun21.3°15.6°Jul22°16.1°Aug20.9°14.8°Sep18.9°13°Oct15.3°10.5°Nov14°9°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023114.024570
2022111.686558
2021108.895544
2020106.507533

Idealista

Rental flats in Carballo

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Carballo?

The estimated rent in Carballo is €570/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Carballo?

Rent in Carballo has risen by 2.1% compared to the previous year, per the INE IPVA index.

Is Carballo expensive to rent compared to the national average?

No, rent in Carballo (€570/month) is 12% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €23000 net per year to live in Carballo with a rent of €570/month.

What would a mortgage cost in Carballo?

For an estimated property price of €115,000 in Carballo (based on current rent of €570/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).

A Coruña province

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Other municipalities in A Coruña

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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: 15019