Rent price in Güímar
Santa Cruz de Tenerife · Canarias
Estimated rent · IPVA 2023
Net income
13.1k€
per capita/yr
Unemployment
12.7%
SEPE
Population
22,009
residents
Rent in Güímar stands at €596/month in 2023 per the INE IPVA, a +3% year-on-year change. Since 2020 prices have risen 8.2%, placing it €15 above the Santa Cruz de Tenerife provincial average (€581/month).
Full guide: living in Güímar
Monthly budget, required salary and mortgage estimate
National market context
National rank
#396
out of 753 municipalities
vs Canarias
+7€
region avg: €589
Trend vs Spain
+0.7%
avg: 2.3%
Trend vs region
+0.3%
region avg: €2.7
Güímar ranks 396 out of 753 municipalities in the INE rent price index. It is close to the Canarias average (€589/month).
Rent price evolution
Estimated monthly rent in Güímar (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
13.074€
per year · INE Atlas
Average household income
34.496€
per year
Rent-to-income ratio
54.7%
of per capita income
Average gross salary
25.120€
per year · Canarias
Rent-to-salary ratio
28.5%
of annual gross salary
The national average effort is 55.3% of per capita income. Güímar is 1 points below that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Canarias average.
What would it cost to live in Güímar?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
12.7%
of estimated active population
Registered unemployed
1,486
people
Annual change
-7.5%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
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 | 124.133 | 596€ |
| 2022 | 120.552 | 579€ |
| 2021 | 117.509 | 564€ |
| 2020 | 114.812 | 551€ |
Idealista
Rental flats in Güímar →
External link to Idealista. UrbanStatsLab may earn a commission.
Frequently asked questions
How much does it cost to rent in Güímar?
The estimated rent in Güímar is €596/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Güímar?
Rent in Güímar has risen by 3% compared to the previous year, per the INE IPVA index.
Is Güímar expensive to rent compared to the national average?
No, rent in Güímar (€596/month) is 8% below the national average (€648/month).
How much do you need to earn to live in Güímar?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €24000 net per year to live in Güímar with a rent of €596/month.
What would a mortgage cost in Güímar?
For an estimated property price of €120,000 in Güímar (based on current rent of €596/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).
Santa Cruz de Tenerife province
View all municipalities and compare prices
Other municipalities in Santa Cruz de Tenerife
Municipalities with similar rent
Municipalities in Spain with a similar rent to Güímar (±10%)
Want to compare Güímar 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: 38020