Rent price in Crevillent

Alicante/Alacant · Comunitat Valenciana

Estimated rent · IPVA 2023

611per month
+1.9% year-on-yearPricier than 50% of Spainvs Spain: -37€ · avg €648

Net income

10.6k€

per capita/yr

Unemployment

16.2%

SEPE

Population

30,921

residents

View methodology →

Rent in Crevillent stands at €611/month in 2023 per the INE IPVA, a +1.9% year-on-year change. Since 2020 prices have risen 7.4%, placing it €14 below the Alicante/Alacant provincial average (€625/month).

Idealista

Rental flats in Crevillent

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National market context

National rank

#371

out of 748 municipalities

vs CCAA

-32

region avg: €643

Trend vs Spain

-0.4%

avg: 2.3%

Trend vs region

-1.3%

region avg: €3.2

Crevillent ranks 371 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 Crevillent (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

10.608

per year · INE Atlas

Average household income

28.857

per year

Rent-to-income ratio

69.1%

of per capita income

Average gross salary

26.817

per year · Comunitat Valenciana

Rent-to-salary ratio

27.3%

of annual gross salary

The national average effort is 55.4% of per capita income. Crevillent is 14 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

16.2%

of estimated active population

Registered unemployed

2,396

people

Annual change

-3.7%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €611/month, the recommended salary (30% rule) is €36,000 gross/year.

Recommended salary

36,000

gross / year

Rent

611

/ month

Real avg income

10,608

net / year

€ gross / year

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

What would a mortgage cost in Crevillent?

For a €120,000 property (estimated from current rent), the monthly payment would be €481 over 25 years at 3.5%. You need €36,000 for the down payment and costs (20% + 10%). Based on average incomes in Crevillent, saving that amount would take around 4.2 years.

What does it cost to live in Crevillent?

Rent is €611/month. With average food, transport and utilities, the estimated cost of living is €1,381/month. Adjust each category to your situation.

🏠 Rent611
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,381
Avg net income: €884/month-497 margin

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

Climate

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

16.4°6.2°Jan17.8°7.5°Feb19.8°9°Mar21.5°11°Apr25.6°14.2°May29.5°18°Jun32.7°21.1°Jul32.5°21.6°Aug28.8°18.8°Sep25.1°15°Oct20.2°10.6°Nov17.6°7.7°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023115.203611
2022113.007599
2021111.282590
2020107.383569

Frequently asked questions

How much does it cost to rent in Crevillent?

The estimated rent in Crevillent is €611/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Crevillent?

Rent in Crevillent has risen by 1.9% compared to the previous year, per the INE IPVA index.

Is Crevillent expensive to rent compared to the national average?

No, rent in Crevillent (€611/month) is 6% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €24000 net per year to live in Crevillent with a rent of €611/month.

What would a mortgage cost in Crevillent?

For an estimated property price of €120,000 in Crevillent (based on current rent of €611/month), the monthly mortgage payment would be €481 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €36,000 (20% down + ~10% costs).

Alicante/Alacant province

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Other municipalities in Alicante/Alacant

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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: 03059