Rent price in Corvera de Asturias

Asturias · Principado de Asturias

Estimated rent · IPVA 2023

532per month
+0.4% year-on-yearCheaper than 79% of Spainvs Spain: -116€ · avg €648

Net income

14.4k€

per capita/yr

Unemployment

13.4%

SEPE

Population

15,785

residents

View methodology →

In 2023, the estimated rent in Corvera de Asturias is €532/month (INE IPVA index), a +0.4% annual change and 3.1% higher than in 2020. Estimated provincial average in Asturias: €540/month.

National market context

National rank

#593

out of 753 municipalities

vs CCAA

-8

region avg: €540

Trend vs Spain

-1.9%

avg: 2.3%

Trend vs region

-0.9%

region avg: €1.3

Corvera de Asturias ranks 593 out of 753 municipalities in the INE rent price index. It is close to the Principado de Asturias average (€540/month).

Rent price evolution

Estimated monthly rent in Corvera de Asturias (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

14.364

per year · INE Atlas

Average household income

32.278

per year

Rent-to-income ratio

44.4%

of per capita income

Average gross salary

28.562

per year · Principado de Asturias

Rent-to-salary ratio

22.4%

of annual gross salary

The national average effort is 55.3% of per capita income. Corvera de Asturias is 11 points below that average.

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

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Registered unemployment

Estimated unemployment rate

13.4%

of estimated active population

Registered unemployed

952

people

Annual change

-0.6%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

12.1°4.5°Jan13.3°5.1°Feb14.5°6°Mar16°7.7°Apr18.1°10.4°May20.4°13.6°Jun22.6°15.7°Jul23.3°15.9°Aug21.7°13.7°Sep19.7°11.4°Oct15.5°8°Nov13.9°6.2°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023108.540532
2022108.103530
2021105.563517
2020105.302516

Idealista

Rental flats in Corvera de Asturias

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Corvera de Asturias?

The estimated rent in Corvera de Asturias is €532/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Corvera de Asturias?

Rent in Corvera de Asturias has risen by 0.4% compared to the previous year, per the INE IPVA index.

Is Corvera de Asturias expensive to rent compared to the national average?

No, rent in Corvera de Asturias (€532/month) is 18% below the national average (€648/month).

How much do you need to earn to live in Corvera de Asturias?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €21000 net per year to live in Corvera de Asturias with a rent of €532/month.

What would a mortgage cost in Corvera de Asturias?

For an estimated property price of €105,000 in Corvera de Asturias (based on current rent of €532/month), the monthly mortgage payment would be €421 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €31,500 (20% down + ~10% costs).

Asturias 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: 33020