Rent price in Guarda, A

Pontevedra · Galicia

Estimated rent · IPVA 2023

561per month
+2.1% year-on-yearCheaper than 66% of Spainvs Spain: -87€ · avg €648

Net income

12.6k€

per capita/yr

Unemployment

9.6%

SEPE

Population

9,970

residents

View methodology →

According to INE IPVA data, estimated rent in Guarda, A is €561/month in 2023 — +2.1% year-on-year. Back in 2020 it was €525/month, a 6.9% increase over 4 years. Provincial average (Pontevedra): €558/month.

National market context

National rank

#496

out of 753 municipalities

vs Galicia

+30

region avg: €531

Trend vs Spain

-0.2%

avg: 2.3%

Trend vs region

0%

region avg: €2.1

Guarda, A ranks 496 out of 753 municipalities in the INE rent price index. It is 6% above the Galicia average (€531/month).

Rent price evolution

Estimated monthly rent in Guarda, A (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

12.638

per year · INE Atlas

Average household income

30.665

per year

Rent-to-income ratio

53.3%

of per capita income

Average gross salary

26.547

per year · Galicia

Rent-to-salary ratio

25.4%

of annual gross salary

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

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

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Registered unemployment

Estimated unemployment rate

9.6%

of estimated active population

Registered unemployed

440

people

Annual change

-4.8%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

13°7.7°Jan13.9°8.3°Feb14.8°8.8°Mar16.5°10.6°Apr18.9°12.9°May20.4°15°Jun22.5°16.7°Jul22.3°16.5°Aug21.4°15.6°Sep19.3°13.9°Oct15.9°11.2°Nov14.3°9.6°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023114.570561
2022112.229550
2021110.260540
2020107.119525

Idealista

Rental flats in Guarda, A

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Guarda, A?

The estimated rent in Guarda, A is €561/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Guarda, A?

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

Is Guarda, A expensive to rent compared to the national average?

No, rent in Guarda, A (€561/month) is 13% below the national average (€648/month).

How much do you need to earn to live in Guarda, A?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €22000 net per year to live in Guarda, A with a rent of €561/month.

What would a mortgage cost in Guarda, A?

For an estimated property price of €110,000 in Guarda, A (based on current rent of €561/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).

Pontevedra 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: 36023