Rent price in Oleiros

A Coruña · Galicia

Estimated rent · IPVA 2023

572per month
+2.5% year-on-yearCheaper than 61% of Spainvs Spain: -76€ · avg €648

Net income

19.8k€

per capita/yr

Unemployment

6.9%

SEPE

Population

38,793

residents

View methodology →

Rent in Oleiros stands at €572/month in 2023 per the INE IPVA, a +2.5% year-on-year change. Since 2020 prices have risen 6.5%, placing it €10 above the A Coruña provincial average (€562/month).

Idealista

Rental flats in Oleiros

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National market context

National rank

#459

out of 748 municipalities

vs Galicia

+41

region avg: €531

Trend vs Spain

+0.2%

avg: 2.3%

Trend vs region

+0.4%

region avg: €2.1

Oleiros ranks 459 out of 748 municipalities in the INE rent price index. It is 8% above the Galicia average (€531/month).

Rent price evolution

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

Income and housing effort

Net income per capita

19.798

per year · INE Atlas

Average household income

51.654

per year

Rent-to-income ratio

34.7%

of per capita income

Average gross salary

26.547

per year · Galicia

Rent-to-salary ratio

25.9%

of annual gross salary

The national average effort is 55.4% of per capita income. Oleiros is 21 points below that average.

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

Registered unemployment

Estimated unemployment rate

6.9%

of estimated active population

Registered unemployed

1,230

people

Annual change

-1.4%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €572/month, the recommended salary (30% rule) is €32,000 gross/year.

Recommended salary

32,000

gross / year

Rent

572

/ month

Real avg income

19,798

net / year

€ gross / year

Enter your gross annual salary to see what rent in Oleiros means for your budget.

What would a mortgage cost in Oleiros?

For a €115,000 property (estimated from current rent), the monthly payment would be €461 over 25 years at 3.5%. You need €34,500 for the down payment and costs (20% + 10%). Based on average incomes in Oleiros, saving that amount would take around 2.2 years.

What does it cost to live in Oleiros?

Rent is €572/month. With average food, transport and utilities, the estimated cost of living is €1,342/month. Adjust each category to your situation.

🏠 Rent572
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,342
Avg net income: €1,650/month+308 margin

Estimated expenses based on national averages. Adjust to your lifestyle.

Climate

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

12.9°6.9°Jan13.7°7.3°Feb14.5°7.9°Mar16.7°9.3°Apr18.7°11.8°May20.5°14.2°Jun23°16.1°Jul23.5°16.5°Aug22.1°14.9°Sep19.8°13.1°Oct15.9°10.2°Nov14.4°8.7°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023114.466572
2022111.674558
2021108.854544
2020107.367537

Frequently asked questions

How much does it cost to rent in Oleiros?

The estimated rent in Oleiros is €572/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Oleiros?

Rent in Oleiros has risen by 2.5% compared to the previous year, per the INE IPVA index.

Is Oleiros expensive to rent compared to the national average?

No, rent in Oleiros (€572/month) is 12% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €23000 net per year to live in Oleiros with a rent of €572/month.

What would a mortgage cost in Oleiros?

For an estimated property price of €115,000 in Oleiros (based on current rent of €572/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).

A Coruña province

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Municipalities in Spain with a similar rent to Oleiros (±10%)

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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: 15058