Rent price in Gijón

Asturias · Principado de Asturias

Estimated rent · IPVA 2023

553per month
+2.1% year-on-yearCheaper than 70% of Spainvs Spain: -95€ · avg €648

Net income

16.1k€

per capita/yr

Unemployment

11.6%

SEPE

Population

270k

residents

View methodology →

In 2023, the estimated rent in Gijón is €553/month (INE IPVA index), a +2.1% annual change and 5.5% higher than in 2020. Estimated provincial average in Asturias: €540/month.

Full guide: living in Gijón

Monthly budget, required salary and mortgage estimate

National market context

National rank

#530

out of 753 municipalities

vs CCAA

+13

region avg: €540

Trend vs Spain

-0.2%

avg: 2.3%

Trend vs region

+0.8%

region avg: €1.3

Gijón ranks 530 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 Gijón (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

16.141

per year · INE Atlas

Average household income

35.852

per year

Rent-to-income ratio

41.1%

of per capita income

Average gross salary

28.562

per year · Principado de Asturias

Rent-to-salary ratio

23.2%

of annual gross salary

The national average effort is 55.3% of per capita income. Gijón is 14 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

11.6%

of estimated active population

Registered unemployed

14,077

people

Annual change

-5.5%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

12.5°6.1°Jan13.3°6.4°Feb14.3°7.2°Mar15.5°8.9°Apr17.6°11.5°May19.9°14.5°Jun22.1°16.6°Jul22.8°17°Aug21.3°15°Sep19.5°12.8°Oct15.8°9.5°Nov14.3°7.6°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023112.841553
2022110.499541
2021108.476532
2020106.969524

Idealista

Rental flats in Gijón

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Gijón?

The estimated rent in Gijón is €553/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Gijón?

Rent in Gijón has risen by 2.1% compared to the previous year, per the INE IPVA index.

Is Gijón expensive to rent compared to the national average?

No, rent in Gijón (€553/month) is 15% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €22000 net per year to live in Gijón with a rent of €553/month.

What would a mortgage cost in Gijón?

For an estimated property price of €110,000 in Gijón (based on current rent of €553/month), the monthly mortgage payment would be €441 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €33,000 (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: 33024