Rent price in Foz
Lugo · Galicia
Estimated rent · IPVA 2023
Net income
14.9k€
per capita/yr
Unemployment
7.3%
SEPE
Population
10,329
residents
According to INE IPVA data, estimated rent in Foz is €436/month in 2023 — +1.3% year-on-year. Back in 2020 it was €409/month, a 6.6% increase over 4 years. Provincial average (Lugo): €425/month.
Idealista
Rental flats in Foz →
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National market context
National rank
#699
out of 748 municipalities
vs Galicia
-95€
region avg: €531
Trend vs Spain
-1%
avg: 2.3%
Trend vs region
-0.8%
region avg: €2.1
Foz is among Spain's most affordable municipalities (position 699 of 748).
Rent price evolution
Estimated monthly rent in Foz (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
14.946€
per year · INE Atlas
Average household income
33.931€
per year
Rent-to-income ratio
35%
of per capita income
Average gross salary
26.547€
per year · Galicia
Rent-to-salary ratio
19.7%
of annual gross salary
The national average effort is 55.4% of per capita income. Foz is 20 points below that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Galicia average.
Registered unemployment
Estimated unemployment rate
7.3%
of estimated active population
Registered unemployed
347
people
Annual change
+3.9%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Foz?
With rent at €436/month, the recommended salary (30% rule) is €24,500 gross/year.
Recommended salary
24,500€
gross / year
Rent
436€
/ month
Real avg income
14,946€
net / year
Enter your gross annual salary to see what rent in Foz means for your budget.
What would a mortgage cost in Foz?
For a €85,000 property (estimated from current rent), the monthly payment would be €340 over 25 years at 3.5%. You need €25,500 for the down payment and costs (20% + 10%). Based on average incomes in Foz, saving that amount would take around 2.5 years.
What does it cost to live in Foz?
Rent is €436/month. With average food, transport and utilities, the estimated cost of living is €1,206/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 | 114.787 | 436€ |
| 2022 | 113.292 | 431€ |
| 2021 | 109.819 | 417€ |
| 2020 | 107.560 | 409€ |
Frequently asked questions
How much does it cost to rent in Foz?
The estimated rent in Foz is €436/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Foz?
Rent in Foz has risen by 1.3% compared to the previous year, per the INE IPVA index.
Is Foz expensive to rent compared to the national average?
No, rent in Foz (€436/month) is 33% below the national average (€648/month).
How much do you need to earn to live in Foz?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €17000 net per year to live in Foz with a rent of €436/month.
What would a mortgage cost in Foz?
For an estimated property price of €85,000 in Foz (based on current rent of €436/month), the monthly mortgage payment would be €340 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €25,500 (20% down + ~10% costs).
Lugo province
View all municipalities and compare prices
Other municipalities in Lugo
Municipalities with similar rent
Municipalities in Spain with a similar rent to Foz (±10%)
Want to compare Foz 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: 27019