Rent price in Huércal-Overa

Almería · Andalucía

Estimated rent · IPVA 2023

524per month
+2.4% year-on-yearCheaper than 81% of Spainvs Spain: -124€ · avg €648

Net income

11.8k€

per capita/yr

Unemployment

10.5%

SEPE

Population

20,860

residents

View methodology →

Rent in Huércal-Overa stands at €524/month in 2023 per the INE IPVA, a +2.4% year-on-year change. Since 2020 prices have risen 7.6%, placing it €15 above the Almería provincial average (€509/month).

Idealista

Rental flats in Huércal-Overa

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National market context

National rank

#607

out of 748 municipalities

vs Andalucía

-44

region avg: €568

Trend vs Spain

+0.1%

avg: 2.3%

Trend vs region

+0.6%

region avg: €1.8

Huércal-Overa ranks 607 out of 748 municipalities in the INE rent price index. It is 8% below the Andalucía average (€568/month).

Rent price evolution

Estimated monthly rent in Huércal-Overa (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

11.840

per year · INE Atlas

Average household income

33.044

per year

Rent-to-income ratio

53.1%

of per capita income

Average gross salary

26.090

per year · Andalucía

Rent-to-salary ratio

24.1%

of annual gross salary

The national average effort is 55.4% of per capita income. Huércal-Overa 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.

Registered unemployment

Estimated unemployment rate

10.5%

of estimated active population

Registered unemployed

910

people

Annual change

-8.7%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

How much do you need to earn to live in Huércal-Overa?

With rent at €524/month, the recommended salary (30% rule) is €29,500 gross/year.

Recommended salary

29,500

gross / year

Rent

524

/ month

Real avg income

11,840

net / year

€ gross / year

Enter your gross annual salary to see what rent in Huércal-Overa means for your budget.

What would a mortgage cost in Huércal-Overa?

For a €105,000 property (estimated from current rent), the monthly payment would be €421 over 25 years at 3.5%. You need €31,500 for the down payment and costs (20% + 10%). Based on average incomes in Huércal-Overa, saving that amount would take around 3.2 years.

What does it cost to live in Huércal-Overa?

Rent is €524/month. With average food, transport and utilities, the estimated cost of living is €1,294/month. Adjust each category to your situation.

🏠 Rent524
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,294
Avg net income: €987/month-307 margin

Estimated expenses based on national averages. Adjust to your lifestyle.

Climate

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

16.2°6.9°Jan17.2°7.9°Feb19.2°9.4°Mar20.9°11.3°Apr24.8°14.6°May29°18.4°Jun32°21.4°Jul31.7°21.7°Aug27.8°18.7°Sep24.3°15°Oct19.8°10.8°Nov17.4°8.2°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023119.010524
2022116.188511
2021112.676496
2020110.689487

Frequently asked questions

How much does it cost to rent in Huércal-Overa?

The estimated rent in Huércal-Overa is €524/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Huércal-Overa?

Rent in Huércal-Overa has risen by 2.4% compared to the previous year, per the INE IPVA index.

Is Huércal-Overa expensive to rent compared to the national average?

No, rent in Huércal-Overa (€524/month) is 19% below the national average (€648/month).

How much do you need to earn to live in Huércal-Overa?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €21000 net per year to live in Huércal-Overa with a rent of €524/month.

What would a mortgage cost in Huércal-Overa?

For an estimated property price of €105,000 in Huércal-Overa (based on current rent of €524/month), the monthly mortgage payment would be €421 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €31,500 (20% down + ~10% costs).

Almería province

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Other municipalities in Almería

Municipalities with similar rent

Municipalities in Spain with a similar rent to Huércal-Overa (±10%)

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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: 04053