Rent price in Gelves

Sevilla · Andalucía

Estimated rent · IPVA 2023

629per month
+1.1% year-on-yearPricier than 56% of Spainvs Spain: -19€ · avg €648

Net income

14.3k€

per capita/yr

Unemployment

15.8%

SEPE

Population

10,548

residents

View methodology →

In 2023, the estimated rent in Gelves is €629/month (INE IPVA index), a +1.1% annual change and 3.8% higher than in 2020. Estimated provincial average in Sevilla: €638/month.

Full guide: living in Gelves

Monthly budget, required salary and mortgage estimate

National market context

National rank

#335

out of 753 municipalities

vs Andalucía

+61

region avg: €568

Trend vs Spain

-1.2%

avg: 2.3%

Trend vs region

-0.7%

region avg: €1.8

Gelves ranks 335 out of 753 municipalities in the INE rent price index. It is 11% above the Andalucía average (€568/month).

Rent price evolution

Estimated monthly rent in Gelves (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

14.260

per year · INE Atlas

Average household income

39.020

per year

Rent-to-income ratio

52.9%

of per capita income

Average gross salary

26.090

per year · Andalucía

Rent-to-salary ratio

28.9%

of annual gross salary

The national average effort is 55.3% of per capita income. Gelves is 2 points below that average.

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

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Registered unemployment

Estimated unemployment rate

15.8%

of estimated active population

Registered unemployed

695

people

Annual change

-5.2%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

15.9°6.5°Jan18.4°8.2°Feb20.5°9.7°Mar23.3°12°Apr28.5°15.5°May32.4°18.9°Jun37°21.7°Jul36.8°22.3°Aug31.5°19.2°Sep26.6°15.9°Oct20°10.9°Nov17.1°8.4°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023114.399629
2022113.115622
2021110.697609
2020110.150606

Idealista

Rental flats in Gelves

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Gelves?

The estimated rent in Gelves is €629/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Gelves?

Rent in Gelves has risen by 1.1% compared to the previous year, per the INE IPVA index.

Is Gelves expensive to rent compared to the national average?

Rent in Gelves (€629/month) is close to the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €25000 net per year to live in Gelves with a rent of €629/month.

What would a mortgage cost in Gelves?

For an estimated property price of €125,000 in Gelves (based on current rent of €629/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).

Sevilla 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: 41044