Rent price in Icod de los Vinos
Santa Cruz de Tenerife · Canarias
Estimated rent · IPVA 2023
Net income
11.1k€
per capita/yr
Unemployment
14.1%
SEPE
Population
24,616
residents
Rent in Icod de los Vinos stands at €592/month in 2023 per the INE IPVA, a +2.9% year-on-year change. Since 2020 prices have risen 8.4%, placing it €11 above the Santa Cruz de Tenerife provincial average (€581/month).
National market context
National rank
#410
out of 753 municipalities
vs Canarias
+3€
region avg: €589
Trend vs Spain
+0.6%
avg: 2.3%
Trend vs region
+0.2%
region avg: €2.7
Icod de los Vinos ranks 410 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 Icod de los Vinos (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
11.084€
per year · INE Atlas
Average household income
30.225€
per year
Rent-to-income ratio
64.1%
of per capita income
Average gross salary
25.120€
per year · Canarias
Rent-to-salary ratio
28.3%
of annual gross salary
The national average effort is 55.3% of per capita income. Icod de los Vinos is 9 points above 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 Icod de los Vinos?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
14.1%
of estimated active population
Registered unemployed
1,835
people
Annual change
-8.4%
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 | 123.308 | 592€ |
| 2022 | 119.829 | 575€ |
| 2021 | 115.226 | 553€ |
| 2020 | 113.842 | 546€ |
Idealista
Rental flats in Icod de los Vinos →
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Frequently asked questions
How much does it cost to rent in Icod de los Vinos?
The estimated rent in Icod de los Vinos is €592/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Icod de los Vinos?
Rent in Icod de los Vinos has risen by 2.9% compared to the previous year, per the INE IPVA index.
Is Icod de los Vinos expensive to rent compared to the national average?
No, rent in Icod de los Vinos (€592/month) is 9% below the national average (€648/month).
How much do you need to earn to live in Icod de los Vinos?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €24000 net per year to live in Icod de los Vinos with a rent of €592/month.
What would a mortgage cost in Icod de los Vinos?
For an estimated property price of €120,000 in Icod de los Vinos (based on current rent of €592/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
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Other municipalities in Santa Cruz de Tenerife
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Municipalities in Spain with a similar rent to Icod de los Vinos (±10%)
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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: 38022