Rent price in Puerto del Rosario

Las Palmas · Canarias

Estimated rent · IPVA 2023

628per month
+2.9% year-on-yearPricier than 55% of Spainvs Spain: -20€ · avg €648

Net income

13.6k€

per capita/yr

Unemployment

9.9%

SEPE

Population

46,150

residents

View methodology →

In 2023, the estimated rent in Puerto del Rosario is €628/month (INE IPVA index), a +2.9% annual change and 6.3% higher than in 2020. Estimated provincial average in Las Palmas: €596/month.

National market context

National rank

#340

out of 753 municipalities

vs Canarias

+39

region avg: €589

Trend vs Spain

+0.6%

avg: 2.3%

Trend vs region

+0.2%

region avg: €2.7

Puerto del Rosario ranks 340 out of 753 municipalities in the INE rent price index. It is 7% above the Canarias average (€589/month).

Rent price evolution

Estimated monthly rent in Puerto del Rosario (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

13.593

per year · INE Atlas

Average household income

37.142

per year

Rent-to-income ratio

55.4%

of per capita income

Average gross salary

25.120

per year · Canarias

Rent-to-salary ratio

30%

of annual gross salary

The national average effort is 55.3% of per capita income. Puerto del Rosario is 0 points above that average.

Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Canarias average.

FINANCIAL CALCULATORS

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Registered unemployment

Estimated unemployment rate

9.9%

of estimated active population

Registered unemployed

2,418

people

Annual change

-4.7%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

20°15.4°Jan20.1°15.1°Feb21°15.6°Mar22.4°16.6°Apr23.7°17.9°May24.9°19.4°Jun26.7°20.6°Jul27.4°21.5°Aug26.2°21.2°Sep25.5°20.3°Oct23.3°18.4°Nov21.2°16.6°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023125.580628
2022121.988610
2021119.315597
2020118.165591

Idealista

Rental flats in Puerto del Rosario

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Puerto del Rosario?

The estimated rent in Puerto del Rosario is €628/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Puerto del Rosario?

Rent in Puerto del Rosario has risen by 2.9% compared to the previous year, per the INE IPVA index.

Is Puerto del Rosario expensive to rent compared to the national average?

Rent in Puerto del Rosario (€628/month) is close to the national average (€648/month).

How much do you need to earn to live in Puerto del Rosario?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €25000 net per year to live in Puerto del Rosario with a rent of €628/month.

What would a mortgage cost in Puerto del Rosario?

For an estimated property price of €125,000 in Puerto del Rosario (based on current rent of €628/month), the monthly mortgage payment would be €501 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €37,500 (20% down + ~10% costs).

Las Palmas province

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Other municipalities in Las Palmas

Municipalities with similar rent

Municipalities in Spain with a similar rent to Puerto del Rosario (±10%)

More affordable options in Canarias

Municipalities in Canarias with lower rent than Puerto del Rosario

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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: 35017