Rent price in Lepe

Huelva · Andalucía

Estimated rent · IPVA 2023

469per month
+2.1% year-on-yearCheaper than 89% of Spainvs Spain: -179€ · avg €648

Net income

10.6k€

per capita/yr

Unemployment

8.8%

SEPE

Population

29,677

residents

View methodology →

According to INE IPVA data, estimated rent in Lepe is €469/month in 2023 — +2.1% year-on-year. Back in 2020 it was €438/month, a 7.1% increase over 4 years. Provincial average (Huelva): €484/month.

Full guide: living in Lepe

Monthly budget, required salary and mortgage estimate

National market context

National rank

#668

out of 753 municipalities

vs Andalucía

-99

region avg: €568

Trend vs Spain

-0.2%

avg: 2.3%

Trend vs region

+0.3%

region avg: €1.8

Lepe ranks 668 out of 753 municipalities in the INE rent price index. It is 17% below the Andalucía average (€568/month).

Rent price evolution

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

Income and housing effort

Net income per capita

10.617

per year · INE Atlas

Average household income

29.677

per year

Rent-to-income ratio

53%

of per capita income

Average gross salary

26.090

per year · Andalucía

Rent-to-salary ratio

21.6%

of annual gross salary

The national average effort is 55.3% of per capita income. Lepe 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.

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Registered unemployment

Estimated unemployment rate

8.8%

of estimated active population

Registered unemployed

1,087

people

Annual change

-17.5%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

16.2°7.5°Jan17.7°8.4°Feb19.6°9.7°Mar21.8°11.8°Apr26°14.7°May29.1°17.4°Jun33.2°20°Jul33.6°20.3°Aug29.2°18°Sep25.1°15.4°Oct19.8°11.3°Nov17.3°9.1°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023108.979469
2022106.786459
2021104.185448
2020101.932438

Idealista

Rental flats in Lepe

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Lepe?

The estimated rent in Lepe is €469/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Lepe?

Rent in Lepe has risen by 2.1% compared to the previous year, per the INE IPVA index.

Is Lepe expensive to rent compared to the national average?

No, rent in Lepe (€469/month) is 28% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €19000 net per year to live in Lepe with a rent of €469/month.

What would a mortgage cost in Lepe?

For an estimated property price of €95,000 in Lepe (based on current rent of €469/month), the monthly mortgage payment would be €380 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €28,500 (20% down + ~10% costs).

Huelva 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: 21044