Rent price in Ourense
Ourense · Galicia
Estimated rent · IPVA 2023
Net income
15.2k€
per capita/yr
Unemployment
10.5%
SEPE
Population
106k
residents
In 2023, the estimated rent in Ourense is €417/month (INE IPVA index), a +1.9% annual change and 6.1% higher than in 2020. Estimated provincial average in Ourense: €403/month.
Full guide: living in Ourense
Monthly budget, required salary and mortgage estimate
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National market context
National rank
#722
out of 748 municipalities
vs Galicia
-114€
region avg: €531
Trend vs Spain
-0.4%
avg: 2.3%
Trend vs region
-0.2%
region avg: €2.1
Ourense is among Spain's most affordable municipalities (position 722 of 748).
Rent price evolution
Estimated monthly rent in Ourense (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
15.203€
per year · INE Atlas
Average household income
34.322€
per year
Rent-to-income ratio
32.9%
of per capita income
Average gross salary
26.547€
per year · Galicia
Rent-to-salary ratio
18.8%
of annual gross salary
The national average effort is 55.4% of per capita income. Ourense is 23 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
10.5%
of estimated active population
Registered unemployed
5,112
people
Annual change
-4.1%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Ourense?
With rent at €417/month, the recommended salary (30% rule) is €23,500 gross/year.
Recommended salary
23,500€
gross / year
Rent
417€
/ month
Real avg income
15,203€
net / year
Enter your gross annual salary to see what rent in Ourense means for your budget.
What would a mortgage cost in Ourense?
For a €85,000 property (estimated from current rent), the monthly payment would be €340 over 25 years at 3.5%. You need €25,500 for the down payment and costs (20% + 10%). Based on average incomes in Ourense, saving that amount would take around 2.5 years.
What does it cost to live in Ourense?
Rent is €417/month. With average food, transport and utilities, the estimated cost of living is €1,187/month. Adjust each category to your situation.
Estimated expenses based on national averages. Adjust to your lifestyle.
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 | 112.689 | 417€ |
| 2022 | 110.589 | 409€ |
| 2021 | 108.249 | 401€ |
| 2020 | 106.266 | 393€ |
Frequently asked questions
How much does it cost to rent in Ourense?
The estimated rent in Ourense is €417/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Ourense?
Rent in Ourense has risen by 1.9% compared to the previous year, per the INE IPVA index.
Is Ourense expensive to rent compared to the national average?
No, rent in Ourense (€417/month) is 36% below the national average (€648/month).
How much do you need to earn to live in Ourense?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €17000 net per year to live in Ourense with a rent of €417/month.
What would a mortgage cost in Ourense?
For an estimated property price of €85,000 in Ourense (based on current rent of €417/month), the monthly mortgage payment would be €340 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €25,500 (20% down + ~10% costs).
Ourense province
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Other municipalities in Ourense
Municipalities with similar rent
Municipalities in Spain with a similar rent to Ourense (±10%)
Want to compare Ourense with another municipality?
Rent, income, population and more, side by side.
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: 32054