Rent price in Salvaterra de Miño
Pontevedra · Galicia
Estimated rent · IPVA 2023
Net income
12.2k€
per capita/yr
Unemployment
11.4%
SEPE
Population
10,617
residents
Rent in Salvaterra de Miño stands at €570/month in 2023 per the INE IPVA, a +2.4% year-on-year change. Since 2022 prices have risen 2.3%, placing it €12 above the Pontevedra provincial average (€558/month).
Idealista
Rental flats in Salvaterra de Miño →
External link to Idealista. UrbanStatsLab may earn a commission.
National market context
National rank
#469
out of 748 municipalities
vs Galicia
+39€
region avg: €531
Trend vs Spain
+0.1%
avg: 2.3%
Trend vs region
+0.3%
region avg: €2.1
Salvaterra de Miño ranks 469 out of 748 municipalities in the INE rent price index. It is 7% above the Galicia average (€531/month).
Rent price evolution
Estimated monthly rent in Salvaterra de Miño (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
12.213€
per year · INE Atlas
Average household income
28.286€
per year
Rent-to-income ratio
56%
of per capita income
Average gross salary
26.547€
per year · Galicia
Rent-to-salary ratio
25.8%
of annual gross salary
The national average effort is 55.4% of per capita income. Salvaterra de Miño is 1 points above 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
11.4%
of estimated active population
Registered unemployed
561
people
Annual change
-2.3%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Salvaterra de Miño?
With rent at €570/month, the recommended salary (30% rule) is €32,000 gross/year.
Recommended salary
32,000€
gross / year
Rent
570€
/ month
Real avg income
12,213€
net / year
Enter your gross annual salary to see what rent in Salvaterra de Miño means for your budget.
What would a mortgage cost in Salvaterra de Miño?
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 Salvaterra de Miño, saving that amount would take around 4.1 years.
What does it cost to live in Salvaterra de Miño?
Rent is €570/month. With average food, transport and utilities, the estimated cost of living is €1,340/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 | 116.295 | 570€ |
| 2022 | 113.607 | 557€ |
Frequently asked questions
How much does it cost to rent in Salvaterra de Miño?
The estimated rent in Salvaterra de Miño is €570/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Salvaterra de Miño?
Rent in Salvaterra de Miño has risen by 2.4% compared to the previous year, per the INE IPVA index.
Is Salvaterra de Miño expensive to rent compared to the national average?
No, rent in Salvaterra de Miño (€570/month) is 12% below the national average (€648/month).
How much do you need to earn to live in Salvaterra de Miño?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €23000 net per year to live in Salvaterra de Miño with a rent of €570/month.
What would a mortgage cost in Salvaterra de Miño?
For an estimated property price of €115,000 in Salvaterra de Miño (based on current rent of €570/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).
Pontevedra province
View all municipalities and compare prices
Other municipalities in Pontevedra
Municipalities with similar rent
Municipalities in Spain with a similar rent to Salvaterra de Miño (±10%)
More affordable options in Galicia
Municipalities in Galicia with lower rent than Salvaterra de Miño
Want to compare Salvaterra de Miño 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: 36050