Rent price in Onda

Castellón/Castelló · Comunitat Valenciana

Estimated rent · IPVA 2023

592per month
+4% year-on-yearCheaper than 54% of Spainvs Spain: -56€ · avg €648

Net income

13.9k€

per capita/yr

Unemployment

12.3%

SEPE

Population

26,190

residents

View methodology →

In 2023, the estimated rent in Onda is €592/month (INE IPVA index), a +4% annual change and 9% higher than in 2020. Estimated provincial average in Castellón/Castelló: €568/month.

Idealista

Rental flats in Onda

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National market context

National rank

#407

out of 748 municipalities

vs CCAA

-51

region avg: €643

Trend vs Spain

+1.7%

avg: 2.3%

Trend vs region

+0.8%

region avg: €3.2

Onda ranks 407 out of 748 municipalities in the INE rent price index. It is 8% below the Comunitat Valenciana average (€643/month).

Rent price evolution

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

Income and housing effort

Net income per capita

13.872

per year · INE Atlas

Average household income

34.731

per year

Rent-to-income ratio

51.2%

of per capita income

Average gross salary

26.817

per year · Comunitat Valenciana

Rent-to-salary ratio

26.5%

of annual gross salary

The national average effort is 55.4% of per capita income. Onda is 4 points below 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

12.3%

of estimated active population

Registered unemployed

1,541

people

Annual change

-3.1%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €592/month, the recommended salary (30% rule) is €35,000 gross/year.

Recommended salary

35,000

gross / year

Rent

592

/ month

Real avg income

13,872

net / year

€ gross / year

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

What would a mortgage cost in Onda?

For a €120,000 property (estimated from current rent), the monthly payment would be €481 over 25 years at 3.5%. You need €36,000 for the down payment and costs (20% + 10%). Based on average incomes in Onda, saving that amount would take around 3.5 years.

What does it cost to live in Onda?

Rent is €592/month. With average food, transport and utilities, the estimated cost of living is €1,362/month. Adjust each category to your situation.

🏠 Rent592
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,362
Avg net income: €1,156/month-206 margin

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

Climate

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

14.8°5.3°Jan16°6.1°Feb17.8°8°Mar19.5°9.4°Apr23.5°12.9°May27.7°17.1°Jun30.7°20.1°Jul30.5°20.2°Aug26.4°17°Sep23°13.5°Oct18.3°9.3°Nov16°6.7°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023123.434592
2022118.724570
2021115.108553
2020113.193543

Frequently asked questions

How much does it cost to rent in Onda?

The estimated rent in Onda is €592/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Onda?

Rent in Onda has risen by 4% compared to the previous year, per the INE IPVA index.

Is Onda expensive to rent compared to the national average?

No, rent in Onda (€592/month) is 9% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €24000 net per year to live in Onda with a rent of €592/month.

What would a mortgage cost in Onda?

For an estimated property price of €120,000 in Onda (based on current rent of €592/month), the monthly mortgage payment would be €481 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €36,000 (20% down + ~10% costs).

Castellón/Castelló province

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Other municipalities in Castellón/Castelló

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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: 12084