Rent price in Salamanca
Salamanca · Castilla y León
Estimated rent · IPVA 2023
Net income
15.3k€
per capita/yr
Unemployment
11.5%
SEPE
Population
146k
residents
According to INE IPVA data, estimated rent in Salamanca is €486/month in 2023 — +2% year-on-year. Back in 2020 it was €456/month, a 6.6% increase over 4 years. Provincial average (Salamanca): €474/month.
Full guide: living in Salamanca
Monthly budget, required salary and mortgage estimate
National market context
National rank
#656
out of 753 municipalities
vs Castilla y León
+15€
region avg: €471
Trend vs Spain
-0.3%
avg: 2.3%
Trend vs region
+0.1%
region avg: €1.9
Salamanca ranks 656 out of 753 municipalities in the INE rent price index. It is close to the Castilla y León average (€471/month).
Rent price evolution
Estimated monthly rent in Salamanca (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
15.319€
per year · INE Atlas
Average household income
33.391€
per year
Rent-to-income ratio
38.1%
of per capita income
Average gross salary
26.177€
per year · Castilla y León
Rent-to-salary ratio
22.3%
of annual gross salary
The national average effort is 55.3% of per capita income. Salamanca is 17 points below that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Castilla y León average.
What would it cost to live in Salamanca?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
11.5%
of estimated active population
Registered unemployed
7,432
people
Annual change
-7.1%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
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 | 112.972 | 486€ |
| 2022 | 110.777 | 476€ |
| 2021 | 108.692 | 467€ |
| 2020 | 105.974 | 456€ |
Idealista
Rental flats in Salamanca →
External link to Idealista. UrbanStatsLab may earn a commission.
Frequently asked questions
How much does it cost to rent in Salamanca?
The estimated rent in Salamanca is €486/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Salamanca?
Rent in Salamanca has risen by 2% compared to the previous year, per the INE IPVA index.
Is Salamanca expensive to rent compared to the national average?
No, rent in Salamanca (€486/month) is 25% below the national average (€648/month).
How much do you need to earn to live in Salamanca?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €19000 net per year to live in Salamanca with a rent of €486/month.
What would a mortgage cost in Salamanca?
For an estimated property price of €95,000 in Salamanca (based on current rent of €486/month), the monthly mortgage payment would be €380 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €28,500 (20% down + ~10% costs).
Salamanca province
View all municipalities and compare prices
Other municipalities in Salamanca
Municipalities with similar rent
Municipalities in Spain with a similar rent to Salamanca (±10%)
Want to compare Salamanca 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: 37274