Rent price in Ibi
Alicante/Alacant · Comunitat Valenciana
Estimated rent · IPVA 2023
Net income
13.3k€
per capita/yr
Unemployment
12.1%
SEPE
Population
24,500
residents
According to INE IPVA data, estimated rent in Ibi is €624/month in 2023 — +2.2% year-on-year. Back in 2020 it was €585/month, a 6.7% increase over 4 years. Provincial average (Alicante/Alacant): €625/month.
Idealista
Rental flats in Ibi →
External link to Idealista. UrbanStatsLab may earn a commission.
National market context
National rank
#345
out of 748 municipalities
vs CCAA
-19€
region avg: €643
Trend vs Spain
-0.1%
avg: 2.3%
Trend vs region
-1%
region avg: €3.2
Ibi ranks 345 out of 748 municipalities in the INE rent price index. It is close to the Comunitat Valenciana average (€643/month).
Rent price evolution
Estimated monthly rent in Ibi (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
13.319€
per year · INE Atlas
Average household income
33.385€
per year
Rent-to-income ratio
56.2%
of per capita income
Average gross salary
26.817€
per year · Comunitat Valenciana
Rent-to-salary ratio
27.9%
of annual gross salary
The national average effort is 55.4% of per capita income. Ibi is 1 points above that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Comunitat Valenciana average.
Registered unemployment
Estimated unemployment rate
12.1%
of estimated active population
Registered unemployed
1,416
people
Annual change
-1.8%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Ibi?
With rent at €624/month, the recommended salary (30% rule) is €37,000 gross/year.
Recommended salary
37,000€
gross / year
Rent
624€
/ month
Real avg income
13,319€
net / year
Enter your gross annual salary to see what rent in Ibi means for your budget.
What would a mortgage cost in Ibi?
For a €125,000 property (estimated from current rent), the monthly payment would be €501 over 25 years at 3.5%. You need €37,500 for the down payment and costs (20% + 10%). Based on average incomes in Ibi, saving that amount would take around 3.7 years.
What does it cost to live in Ibi?
Rent is €624/month. With average food, transport and utilities, the estimated cost of living is €1,394/month. Adjust each category to your situation.
Estimated expenses based on national averages. Adjust to your lifestyle.
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 | 117.774 | 624€ |
| 2022 | 115.203 | 611€ |
| 2021 | 112.550 | 597€ |
| 2020 | 110.383 | 585€ |
Frequently asked questions
How much does it cost to rent in Ibi?
The estimated rent in Ibi is €624/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Ibi?
Rent in Ibi has risen by 2.2% compared to the previous year, per the INE IPVA index.
Is Ibi expensive to rent compared to the national average?
Rent in Ibi (€624/month) is close to the national average (€648/month).
How much do you need to earn to live in Ibi?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €25000 net per year to live in Ibi with a rent of €624/month.
What would a mortgage cost in Ibi?
For an estimated property price of €125,000 in Ibi (based on current rent of €624/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).
Alicante/Alacant province
View all municipalities and compare prices
Other municipalities in Alicante/Alacant
Municipalities with similar rent
Municipalities in Spain with a similar rent to Ibi (±10%)
Want to compare Ibi 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: 03079