Rent price in Paterna

Valencia/València · Comunitat Valenciana

Estimated rent · IPVA 2023

678per month
+3.9% year-on-yearPricier than 67% of Spainvs Spain: +30€ · avg €648

Net income

14.5k€

per capita/yr

Unemployment

11.7%

SEPE

Population

76,019

residents

View methodology →

Rent in Paterna stands at €678/month in 2023 per the INE IPVA, a +3.9% year-on-year change. Since 2020 prices have risen 10.1%, placing it €7 above the Valencia/València provincial average (€671/month).

Idealista

Rental flats in Paterna

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National market context

National rank

#249

out of 748 municipalities

vs CCAA

+35

region avg: €643

Trend vs Spain

+1.6%

avg: 2.3%

Trend vs region

+0.7%

region avg: €3.2

Paterna ranks 249 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 Paterna (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

14.451

per year · INE Atlas

Average household income

38.707

per year

Rent-to-income ratio

56.3%

of per capita income

Average gross salary

26.817

per year · Comunitat Valenciana

Rent-to-salary ratio

30.3%

of annual gross salary

The national average effort is 55.4% of per capita income. Paterna is 1 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

11.7%

of estimated active population

Registered unemployed

4,267

people

Annual change

-5.1%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €678/month, the recommended salary (30% rule) is €40,000 gross/year.

Recommended salary

40,000

gross / year

Rent

678

/ month

Real avg income

14,451

net / year

€ gross / year

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

What would a mortgage cost in Paterna?

For a €135,000 property (estimated from current rent), the monthly payment would be €541 over 25 years at 3.5%. You need €40,500 for the down payment and costs (20% + 10%). Based on average incomes in Paterna, saving that amount would take around 3.5 years.

What does it cost to live in Paterna?

Rent is €678/month. With average food, transport and utilities, the estimated cost of living is €1,448/month. Adjust each category to your situation.

🏠 Rent678
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,448
Avg net income: €1,204/month-244 margin

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

Climate

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

16.1°5.9°Jan17.5°6.8°Feb19.3°8.5°Mar21°10°Apr25.1°13.6°May29.1°17.5°Jun32.1°20.6°Jul32°20.9°Aug28°18.1°Sep24.4°14.5°Oct19.6°10.2°Nov17°7.3°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023123.227678
2022118.558652
2021114.524630
2020111.922616

Frequently asked questions

How much does it cost to rent in Paterna?

The estimated rent in Paterna is €678/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Paterna?

Rent in Paterna has risen by 3.9% compared to the previous year, per the INE IPVA index.

Is Paterna expensive to rent compared to the national average?

Rent in Paterna (€678/month) is close to the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €27000 net per year to live in Paterna with a rent of €678/month.

What would a mortgage cost in Paterna?

For an estimated property price of €135,000 in Paterna (based on current rent of €678/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

Municipalities with similar rent

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

More affordable options in Comunitat Valenciana

Municipalities in Comunitat Valenciana with lower rent than Paterna

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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: 46190