Rent price in Ribeira

A Coruña · Galicia

Estimated rent · IPVA 2023

539per month
+0.9% year-on-yearCheaper than 76% of Spainvs Spain: -109€ · avg €648

Net income

13.1k€

per capita/yr

Unemployment

8.2%

SEPE

Population

27,102

residents

View methodology →

According to INE IPVA data, estimated rent in Ribeira is €539/month in 2023 — +0.9% year-on-year. Back in 2020 it was €524/month, a 2.9% increase over 4 years. Provincial average (A Coruña): €562/month.

Idealista

Rental flats in Ribeira

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National market context

National rank

#568

out of 748 municipalities

vs Galicia

+8

region avg: €531

Trend vs Spain

-1.4%

avg: 2.3%

Trend vs region

-1.2%

region avg: €2.1

Ribeira ranks 568 out of 748 municipalities in the INE rent price index. It is close to the Galicia average (€531/month).

Rent price evolution

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

Income and housing effort

Net income per capita

13.082

per year · INE Atlas

Average household income

34.729

per year

Rent-to-income ratio

49.4%

of per capita income

Average gross salary

26.547

per year · Galicia

Rent-to-salary ratio

24.4%

of annual gross salary

The national average effort is 55.4% of per capita income. Ribeira is 6 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

8.2%

of estimated active population

Registered unemployed

1,025

people

Annual change

-4.1%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €539/month, the recommended salary (30% rule) is €30,500 gross/year.

Recommended salary

30,500

gross / year

Rent

539

/ month

Real avg income

13,082

net / year

€ gross / year

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

What would a mortgage cost in Ribeira?

For a €110,000 property (estimated from current rent), the monthly payment would be €441 over 25 years at 3.5%. You need €33,000 for the down payment and costs (20% + 10%). Based on average incomes in Ribeira, saving that amount would take around 3.2 years.

What does it cost to live in Ribeira?

Rent is €539/month. With average food, transport and utilities, the estimated cost of living is €1,309/month. Adjust each category to your situation.

🏠 Rent539
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,309
Avg net income: €1,090/month-219 margin

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

Climate

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

13.1°8.7°Jan13.9°9°Feb14.8°9.4°Mar16.7°10.9°Apr19.1°13.1°May21.2°15.3°Jun24°17.1°Jul24°17.2°Aug21.8°15.9°Sep19.2°14.3°Oct16°11.6°Nov14.4°10.1°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023107.825539
2022106.876534
2021104.669523
2020104.763524

Frequently asked questions

How much does it cost to rent in Ribeira?

The estimated rent in Ribeira is €539/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Ribeira?

Rent in Ribeira has risen by 0.9% compared to the previous year, per the INE IPVA index.

Is Ribeira expensive to rent compared to the national average?

No, rent in Ribeira (€539/month) is 17% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €22000 net per year to live in Ribeira with a rent of €539/month.

What would a mortgage cost in Ribeira?

For an estimated property price of €110,000 in Ribeira (based on current rent of €539/month), the monthly mortgage payment would be €441 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €33,000 (20% down + ~10% costs).

A Coruña province

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Other municipalities in A Coruña

Municipalities with similar rent

Municipalities in Spain with a similar rent to Ribeira (±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: 15073