Rent price in Poio

Pontevedra · Galicia

Estimated rent · IPVA 2023

578per month
+2.8% year-on-yearCheaper than 59% of Spainvs Spain: -70€ · avg €648

Net income

14.6k€

per capita/yr

Unemployment

8.4%

SEPE

Population

17,434

residents

View methodology →

In 2023, the estimated rent in Poio is €578/month (INE IPVA index), a +2.8% annual change and 8% higher than in 2020. Estimated provincial average in Pontevedra: €558/month.

Idealista

Rental flats in Poio

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National market context

National rank

#443

out of 748 municipalities

vs Galicia

+47

region avg: €531

Trend vs Spain

+0.5%

avg: 2.3%

Trend vs region

+0.7%

region avg: €2.1

Poio ranks 443 out of 748 municipalities in the INE rent price index. It is 9% above the Galicia average (€531/month).

Rent price evolution

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

Income and housing effort

Net income per capita

14.627

per year · INE Atlas

Average household income

39.191

per year

Rent-to-income ratio

47.4%

of per capita income

Average gross salary

26.547

per year · Galicia

Rent-to-salary ratio

26.1%

of annual gross salary

The national average effort is 55.4% of per capita income. Poio is 8 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

8.4%

of estimated active population

Registered unemployed

677

people

Annual change

-9.6%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €578/month, the recommended salary (30% rule) is €32,500 gross/year.

Recommended salary

32,500

gross / year

Rent

578

/ month

Real avg income

14,627

net / year

€ gross / year

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

What would a mortgage cost in Poio?

For a €115,000 property (estimated from current rent), the monthly payment would be €461 over 25 years at 3.5%. You need €34,500 for the down payment and costs (20% + 10%). Based on average incomes in Poio, saving that amount would take around 2.9 years.

What does it cost to live in Poio?

Rent is €578/month. With average food, transport and utilities, the estimated cost of living is €1,348/month. Adjust each category to your situation.

🏠 Rent578
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,348
Avg net income: €1,219/month-129 margin

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

Climate

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

13°6.3°Jan14.3°7.1°Feb15.3°7.9°Mar17.7°9.8°Apr20.2°12.3°May22.3°14.8°Jun25.6°16.8°Jul25.8°16.9°Aug23.3°15.3°Sep20.3°13.2°Oct16.1°9.9°Nov14.4°7.9°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023117.923578
2022114.680562
2021111.176545
2020109.241535

Frequently asked questions

How much does it cost to rent in Poio?

The estimated rent in Poio is €578/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Poio?

Rent in Poio has risen by 2.8% compared to the previous year, per the INE IPVA index.

Is Poio expensive to rent compared to the national average?

No, rent in Poio (€578/month) is 11% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €23000 net per year to live in Poio with a rent of €578/month.

What would a mortgage cost in Poio?

For an estimated property price of €115,000 in Poio (based on current rent of €578/month), the monthly mortgage payment would be €461 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €34,500 (20% down + ~10% costs).

Pontevedra province

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Other municipalities in Pontevedra

Municipalities with similar rent

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

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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: 36041