Rent price in Lardero

La Rioja · La Rioja

Estimated rent · IPVA 2023

556per month
+2.4% year-on-yearCheaper than 69% of Spainvs Spain: -92€ · avg €648

Net income

16.1k€

per capita/yr

Unemployment

6.8%

SEPE

Population

12,060

residents

View methodology →

In 2023, the estimated rent in Lardero is €556/month (INE IPVA index), a +2.4% annual change and 7.8% higher than in 2020. Estimated provincial average in La Rioja: €538/month.

National market context

National rank

#518

out of 753 municipalities

vs La Rioja

+18

region avg: €538

Trend vs Spain

+0.1%

avg: 2.3%

Trend vs region

-0.1%

region avg: €2.5

Lardero ranks 518 out of 753 municipalities in the INE rent price index. It is close to the La Rioja average (€538/month).

Rent price evolution

Estimated monthly rent in Lardero (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

16.066

per year · INE Atlas

Average household income

40.910

per year

Rent-to-income ratio

41.5%

of per capita income

Average gross salary

27.855

per year · La Rioja

Rent-to-salary ratio

24%

of annual gross salary

The national average effort is 55.3% of per capita income. Lardero is 14 points below that average.

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

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Registered unemployment

Estimated unemployment rate

6.8%

of estimated active population

Registered unemployed

399

people

Annual change

-1.7%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

9.2°1.8°Jan11.4°2.4°Feb14°3.9°Mar17.1°6.1°Apr21°9.4°May25.8°13.4°Jun29.6°15.8°Jul29.7°15.9°Aug24.4°13.1°Sep20.2°9.9°Oct13.5°5.6°Nov10.6°3.3°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023120.867556
2022118.085543
2021115.175530
2020112.160516

Idealista

Rental flats in Lardero

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Lardero?

The estimated rent in Lardero is €556/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Lardero?

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

Is Lardero expensive to rent compared to the national average?

No, rent in Lardero (€556/month) is 14% below the national average (€648/month).

How much do you need to earn to live in Lardero?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €22000 net per year to live in Lardero with a rent of €556/month.

What would a mortgage cost in Lardero?

For an estimated property price of €110,000 in Lardero (based on current rent of €556/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).

La Rioja 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: 26084