Rent price in Laredo
Cantabria · Cantabria
Estimated rent · IPVA 2023
Net income
14.5k€
per capita/yr
Unemployment
9.4%
SEPE
Population
10,698
residents
In 2023, the estimated rent in Laredo is €564/month (INE IPVA index), a +3.2% annual change and 7.4% higher than in 2020. Estimated provincial average in Cantabria: €560/month.
National market context
National rank
#489
out of 753 municipalities
vs Cantabria
+4€
region avg: €560
Trend vs Spain
+0.9%
avg: 2.3%
Trend vs region
+0.9%
region avg: €2.3
Laredo ranks 489 out of 753 municipalities in the INE rent price index. It is close to the Cantabria average (€560/month).
Rent price evolution
Estimated monthly rent in Laredo (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
14.453€
per year · INE Atlas
Average household income
32.773€
per year
Rent-to-income ratio
46.8%
of per capita income
Average gross salary
27.097€
per year · Cantabria
Rent-to-salary ratio
25%
of annual gross salary
The national average effort is 55.3% of per capita income. Laredo is 9 points below that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Cantabria average.
What would it cost to live in Laredo?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
9.4%
of estimated active population
Registered unemployed
471
people
Annual change
-3.3%
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 | 115.054 | 564€ |
| 2022 | 111.497 | 546€ |
| 2021 | 110.686 | 542€ |
| 2020 | 107.195 | 525€ |
Idealista
Rental flats in Laredo →
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Frequently asked questions
How much does it cost to rent in Laredo?
The estimated rent in Laredo is €564/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Laredo?
Rent in Laredo has risen by 3.2% compared to the previous year, per the INE IPVA index.
Is Laredo expensive to rent compared to the national average?
No, rent in Laredo (€564/month) is 13% below the national average (€648/month).
How much do you need to earn to live in Laredo?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €23000 net per year to live in Laredo with a rent of €564/month.
What would a mortgage cost in Laredo?
For an estimated property price of €115,000 in Laredo (based on current rent of €564/month), the monthly mortgage payment would be €461 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €34,500 (20% down + ~10% costs).
Cantabria province
View all municipalities and compare prices
Other municipalities in Cantabria
Municipalities with similar rent
Municipalities in Spain with a similar rent to Laredo (±10%)
Want to compare Laredo 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: 39035