Rent price in Castalla
Alicante/Alacant · Comunitat Valenciana
Estimated rent · IPVA 2023
Net income
12.7k€
per capita/yr
Unemployment
11.7%
SEPE
Population
11,908
residents
Rent in Castalla stands at €641/month in 2023 per the INE IPVA, a +4.4% year-on-year change. Since 2020 prices have risen 11.7%, placing it €16 above the Alicante/Alacant provincial average (€625/month).
Idealista
Rental flats in Castalla →
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National market context
National rank
#304
out of 748 municipalities
vs CCAA
-2€
region avg: €643
Trend vs Spain
+2.1%
avg: 2.3%
Trend vs region
+1.2%
region avg: €3.2
Castalla ranks 304 out of 748 municipalities in the INE rent price index. It is close to the Comunitat Valenciana average (€643/month).
Rent price evolution
Estimated monthly rent in Castalla (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
12.747€
per year · INE Atlas
Average household income
30.756€
per year
Rent-to-income ratio
60.3%
of per capita income
Average gross salary
26.817€
per year · Comunitat Valenciana
Rent-to-salary ratio
28.7%
of annual gross salary
The national average effort is 55.4% of per capita income. Castalla is 5 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.
Registered unemployment
Estimated unemployment rate
11.7%
of estimated active population
Registered unemployed
668
people
Annual change
-2.1%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Castalla?
With rent at €641/month, the recommended salary (30% rule) is €38,000 gross/year.
Recommended salary
38,000€
gross / year
Rent
641€
/ month
Real avg income
12,747€
net / year
Enter your gross annual salary to see what rent in Castalla means for your budget.
What would a mortgage cost in Castalla?
For a €130,000 property (estimated from current rent), the monthly payment would be €521 over 25 years at 3.5%. You need €39,000 for the down payment and costs (20% + 10%). Based on average incomes in Castalla, saving that amount would take around 4.2 years.
What does it cost to live in Castalla?
Rent is €641/month. With average food, transport and utilities, the estimated cost of living is €1,411/month. Adjust each category to your situation.
Estimated expenses based on national averages. Adjust to your lifestyle.
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 | 120.936 | 641€ |
| 2022 | 115.795 | 614€ |
| 2021 | 111.405 | 590€ |
| 2020 | 108.236 | 574€ |
Frequently asked questions
How much does it cost to rent in Castalla?
The estimated rent in Castalla is €641/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Castalla?
Rent in Castalla has risen by 4.4% compared to the previous year, per the INE IPVA index.
Is Castalla expensive to rent compared to the national average?
Rent in Castalla (€641/month) is close to the national average (€648/month).
How much do you need to earn to live in Castalla?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €26000 net per year to live in Castalla with a rent of €641/month.
What would a mortgage cost in Castalla?
For an estimated property price of €130,000 in Castalla (based on current rent of €641/month), the monthly mortgage payment would be €521 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €39,000 (20% down + ~10% costs).
Alicante/Alacant province
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Other municipalities in Alicante/Alacant
Municipalities with similar rent
Municipalities in Spain with a similar rent to Castalla (±10%)
Want to compare Castalla with another municipality?
Rent, income, population and more, side by side.
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: 03053