Rent price in Chiva

Valencia/València · Comunitat Valenciana

Estimated rent · IPVA 2023

626per month
+3.9% year-on-yearPricier than 54% of Spainvs Spain: -22€ · avg €648

Net income

15.4k€

per capita/yr

Unemployment

9.4%

SEPE

Population

17,951

residents

View methodology →

In 2023, the estimated rent in Chiva is €626/month (INE IPVA index), a +3.9% annual change and 11.6% higher than in 2020. Estimated provincial average in Valencia/València: €671/month.

Idealista

Rental flats in Chiva

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National market context

National rank

#341

out of 748 municipalities

vs CCAA

-17

region avg: €643

Trend vs Spain

+1.6%

avg: 2.3%

Trend vs region

+0.7%

region avg: €3.2

Chiva ranks 341 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 Chiva (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

15.381

per year · INE Atlas

Average household income

38.986

per year

Rent-to-income ratio

48.8%

of per capita income

Average gross salary

26.817

per year · Comunitat Valenciana

Rent-to-salary ratio

28%

of annual gross salary

The national average effort is 55.4% of per capita income. Chiva is 7 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.

Registered unemployment

Estimated unemployment rate

9.4%

of estimated active population

Registered unemployed

808

people

Annual change

+0.9%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €626/month, the recommended salary (30% rule) is €37,000 gross/year.

Recommended salary

37,000

gross / year

Rent

626

/ month

Real avg income

15,381

net / year

€ gross / year

Enter your gross annual salary to see what rent in Chiva means for your budget.

What would a mortgage cost in Chiva?

For a €125,000 property (estimated from current rent), the monthly payment would be €501 over 25 years at 3.5%. You need €37,500 for the down payment and costs (20% + 10%). Based on average incomes in Chiva, saving that amount would take around 3.2 years.

What does it cost to live in Chiva?

Rent is €626/month. With average food, transport and utilities, the estimated cost of living is €1,396/month. Adjust each category to your situation.

🏠 Rent626
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,396
Avg net income: €1,282/month-114 margin

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

Climate

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

14.8°6.2°Jan16.2°7.1°Feb18°8.5°Mar20°9.9°Apr24.3°13.4°May28.3°17.2°Jun31.6°20.2°Jul31.2°20.4°Aug27°17.6°Sep23.3°14.3°Oct18.3°10.2°Nov15.8°7.8°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023113.879626
2022109.631603
2021105.948583
2020101.962561

Frequently asked questions

How much does it cost to rent in Chiva?

The estimated rent in Chiva is €626/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Chiva?

Rent in Chiva has risen by 3.9% compared to the previous year, per the INE IPVA index.

Is Chiva expensive to rent compared to the national average?

Rent in Chiva (€626/month) is close to the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €25000 net per year to live in Chiva with a rent of €626/month.

What would a mortgage cost in Chiva?

For an estimated property price of €125,000 in Chiva (based on current rent of €626/month), the monthly mortgage payment would be €501 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €37,500 (20% down + ~10% costs).

Valencia/València province

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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: 46111