Rent price in Puerto de la Cruz
Santa Cruz de Tenerife · Canarias
Estimated rent · IPVA 2023
Net income
13.9k€
per capita/yr
Unemployment
13.6%
SEPE
Population
31,137
residents
According to INE IPVA data, estimated rent in Puerto de la Cruz is €574/month in 2023 — +3.2% year-on-year. Back in 2020 it was €529/month, a 8.5% increase over 4 years. Provincial average (Santa Cruz de Tenerife): €581/month.
Idealista
Rental flats in Puerto de la Cruz →
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National market context
National rank
#454
out of 748 municipalities
vs Canarias
-15€
region avg: €589
Trend vs Spain
+0.9%
avg: 2.3%
Trend vs region
+0.5%
region avg: €2.7
Puerto de la Cruz ranks 454 out of 748 municipalities in the INE rent price index. It is close to the Canarias average (€589/month).
Rent price evolution
Estimated monthly rent in Puerto de la Cruz (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
13.871€
per year · INE Atlas
Average household income
32.185€
per year
Rent-to-income ratio
49.7%
of per capita income
Average gross salary
25.120€
per year · Canarias
Rent-to-salary ratio
27.4%
of annual gross salary
The national average effort is 55.4% of per capita income. Puerto de la Cruz is 6 points below that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Canarias average.
Registered unemployment
Estimated unemployment rate
13.6%
of estimated active population
Registered unemployed
2,247
people
Annual change
-5.8%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Puerto de la Cruz?
With rent at €574/month, the recommended salary (30% rule) is €32,500 gross/year.
Recommended salary
32,500€
gross / year
Rent
574€
/ month
Real avg income
13,871€
net / year
Enter your gross annual salary to see what rent in Puerto de la Cruz means for your budget.
What would a mortgage cost in Puerto de la Cruz?
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 Puerto de la Cruz, saving that amount would take around 3.6 years.
What does it cost to live in Puerto de la Cruz?
Rent is €574/month. With average food, transport and utilities, the estimated cost of living is €1,344/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 | 119.545 | 574€ |
| 2022 | 115.838 | 556€ |
| 2021 | 112.509 | 540€ |
| 2020 | 110.184 | 529€ |
Frequently asked questions
How much does it cost to rent in Puerto de la Cruz?
The estimated rent in Puerto de la Cruz is €574/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Puerto de la Cruz?
Rent in Puerto de la Cruz has risen by 3.2% compared to the previous year, per the INE IPVA index.
Is Puerto de la Cruz expensive to rent compared to the national average?
No, rent in Puerto de la Cruz (€574/month) is 11% below the national average (€648/month).
How much do you need to earn to live in Puerto de la Cruz?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €23000 net per year to live in Puerto de la Cruz with a rent of €574/month.
What would a mortgage cost in Puerto de la Cruz?
For an estimated property price of €115,000 in Puerto de la Cruz (based on current rent of €574/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).
Santa Cruz de Tenerife province
View all municipalities and compare prices
Other municipalities in Santa Cruz de Tenerife
Municipalities with similar rent
Municipalities in Spain with a similar rent to Puerto de la Cruz (±10%)
Want to compare Puerto de la Cruz 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: 38028