Rent price in Ontinyent
Valencia/València · Comunitat Valenciana
Estimated rent · IPVA 2023
Net income
13.3k€
per capita/yr
Unemployment
12.5%
SEPE
Population
37,012
residents
In 2023, the estimated rent in Ontinyent is €686/month (INE IPVA index), a +3.3% annual change and 9.9% higher than in 2020. Estimated provincial average in Valencia/València: €671/month.
Full guide: living in Ontinyent
Monthly budget, required salary and mortgage estimate
National market context
National rank
#241
out of 753 municipalities
vs CCAA
+43€
region avg: €643
Trend vs Spain
+1%
avg: 2.3%
Trend vs region
+0.1%
region avg: €3.2
Ontinyent ranks 241 out of 753 municipalities in the INE rent price index. It is 7% above the Comunitat Valenciana average (€643/month).
Rent price evolution
Estimated monthly rent in Ontinyent (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
13.307€
per year · INE Atlas
Average household income
33.154€
per year
Rent-to-income ratio
61.9%
of per capita income
Average gross salary
26.817€
per year · Comunitat Valenciana
Rent-to-salary ratio
30.7%
of annual gross salary
The national average effort is 55.3% of per capita income. Ontinyent is 7 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.
What would it cost to live in Ontinyent?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
12.5%
of estimated active population
Registered unemployed
2,209
people
Annual change
-3.6%
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 | 124.703 | 686€ |
| 2022 | 120.744 | 664€ |
| 2021 | 116.882 | 643€ |
| 2020 | 113.499 | 624€ |
Idealista
Rental flats in Ontinyent →
External link to Idealista. UrbanStatsLab may earn a commission.
Frequently asked questions
How much does it cost to rent in Ontinyent?
The estimated rent in Ontinyent is €686/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Ontinyent?
Rent in Ontinyent has risen by 3.3% compared to the previous year, per the INE IPVA index.
Is Ontinyent expensive to rent compared to the national average?
Yes, rent in Ontinyent (€686/month) is 6% above the national average (€648/month).
How much do you need to earn to live in Ontinyent?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €27000 net per year to live in Ontinyent with a rent of €686/month.
What would a mortgage cost in Ontinyent?
For an estimated property price of €135,000 in Ontinyent (based on current rent of €686/month), the monthly mortgage payment would be €541 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €40,500 (20% down + ~10% costs).
Valencia/València province
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Other municipalities in Valencia/València
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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: 46184