Rent price in Quart de Poblet

Valencia/València · Comunitat Valenciana

Estimated rent · IPVA 2023

670per month
+4.1% year-on-yearPricier than 65% of Spainvs Spain: +22€ · avg €648

Net income

13.1k€

per capita/yr

Unemployment

12.1%

SEPE

Population

26,967

residents

View methodology →

Rent in Quart de Poblet stands at €670/month in 2023 per the INE IPVA, a +4.1% year-on-year change. Since 2020 prices have risen 10.6%, placing it €1 below the Valencia/València provincial average (€671/month).

Full guide: living in Quart de Poblet

Monthly budget, required salary and mortgage estimate

National market context

National rank

#262

out of 753 municipalities

vs CCAA

+27

region avg: €643

Trend vs Spain

+1.8%

avg: 2.3%

Trend vs region

+0.9%

region avg: €3.2

Quart de Poblet ranks 262 out of 753 municipalities in the INE rent price index. It is close to the Comunitat Valenciana average (€643/month).

Rent price evolution

Estimated monthly rent in Quart de Poblet (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

13.132

per year · INE Atlas

Average household income

32.281

per year

Rent-to-income ratio

61.2%

of per capita income

Average gross salary

26.817

per year · Comunitat Valenciana

Rent-to-salary ratio

30%

of annual gross salary

The national average effort is 55.3% of per capita income. Quart de Poblet is 6 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.

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Registered unemployment

Estimated unemployment rate

12.1%

of estimated active population

Registered unemployed

1,563

people

Annual change

-7.2%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

16.2°6.2°Jan17.6°7.1°Feb19.3°8.7°Mar21°10.3°Apr25.2°13.9°May29.2°17.9°Jun32°20.9°Jul32°21.2°Aug28.1°18.4°Sep24.5°14.8°Oct19.7°10.6°Nov17.1°7.8°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023121.815670
2022117.048644
2021113.274623
2020110.184606

Idealista

Rental flats in Quart de Poblet

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Quart de Poblet?

The estimated rent in Quart de Poblet is €670/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Quart de Poblet?

Rent in Quart de Poblet has risen by 4.1% compared to the previous year, per the INE IPVA index.

Is Quart de Poblet expensive to rent compared to the national average?

Rent in Quart de Poblet (€670/month) is close to the national average (€648/month).

How much do you need to earn to live in Quart de Poblet?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €27000 net per year to live in Quart de Poblet with a rent of €670/month.

What would a mortgage cost in Quart de Poblet?

For an estimated property price of €135,000 in Quart de Poblet (based on current rent of €670/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).

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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: 46102