Rent price in Oliva

Valencia/València · Comunitat Valenciana

Estimated rent · IPVA 2023

647per month
+3.5% year-on-yearPricier than 61% of Spainvs Spain: -1€ · avg €648

Net income

12.9k€

per capita/yr

Unemployment

10.8%

SEPE

Population

26,813

residents

View methodology →

According to INE IPVA data, estimated rent in Oliva is €647/month in 2023 — +3.5% year-on-year. Back in 2020 it was €595/month, a 8.7% increase over 4 years. Provincial average (Valencia/València): €671/month.

Idealista

Rental flats in Oliva

External link to Idealista. UrbanStatsLab may earn a commission.

National market context

National rank

#293

out of 748 municipalities

vs CCAA

+4

region avg: €643

Trend vs Spain

+1.2%

avg: 2.3%

Trend vs region

+0.3%

region avg: €3.2

Oliva ranks 293 out of 748 municipalities in the INE rent price index. It is close to the Comunitat Valenciana average (€643/month).

Rent price evolution

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

Income and housing effort

Net income per capita

12.866

per year · INE Atlas

Average household income

31.571

per year

Rent-to-income ratio

60.3%

of per capita income

Average gross salary

26.817

per year · Comunitat Valenciana

Rent-to-salary ratio

29%

of annual gross salary

The national average effort is 55.4% of per capita income. Oliva is 5 points above that average.

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

Registered unemployment

Estimated unemployment rate

10.8%

of estimated active population

Registered unemployed

1,384

people

Annual change

-4.4%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €647/month, the recommended salary (30% rule) is €38,000 gross/year.

Recommended salary

38,000

gross / year

Rent

647

/ month

Real avg income

12,866

net / year

€ gross / year

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

What would a mortgage cost in Oliva?

For a €130,000 property (estimated from current rent), the monthly payment would be €521 over 25 years at 3.5%. You need €39,000 for the down payment and costs (20% + 10%). Based on average incomes in Oliva, saving that amount would take around 4.1 years.

What does it cost to live in Oliva?

Rent is €647/month. With average food, transport and utilities, the estimated cost of living is €1,417/month. Adjust each category to your situation.

🏠 Rent647
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,417
Avg net income: €1,072/month-345 margin

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

Climate

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

15.3°9°Jan15.8°9.5°Feb17.7°10.9°Mar19.1°12.5°Apr23.1°15.9°May27.4°19.8°Jun30.6°23.1°Jul30.4°23.3°Aug26.5°20.5°Sep23.1°17.1°Oct18.9°13°Nov16.5°10.4°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023117.658647
2022113.678625
2021110.211606
2020108.251595

Frequently asked questions

How much does it cost to rent in Oliva?

The estimated rent in Oliva is €647/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Oliva?

Rent in Oliva has risen by 3.5% compared to the previous year, per the INE IPVA index.

Is Oliva expensive to rent compared to the national average?

Rent in Oliva (€647/month) is close to the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €26000 net per year to live in Oliva with a rent of €647/month.

What would a mortgage cost in Oliva?

For an estimated property price of €130,000 in Oliva (based on current rent of €647/month), the monthly mortgage payment would be €521 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €39,000 (20% down + ~10% costs).

Valencia/València province

View all municipalities and compare prices

Other municipalities in Valencia/València

Municipalities with similar rent

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

More affordable options in Comunitat Valenciana

Municipalities in Comunitat Valenciana with lower rent than Oliva

Want to compare Oliva with another municipality?

Rent, income, population and more, side by side.

Compare →
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: 46181