Rent price in Sant Antoni de Portmany
Illes Balears · Illes Balears
Estimated rent · IPVA 2023
Net income
15.5k€
per capita/yr
Unemployment
2%
SEPE
Population
29,132
residents
Rent in Sant Antoni de Portmany stands at €799/month in 2023 per the INE IPVA, a +2% year-on-year change. Since 2020 prices have risen 7.5%, placing it €7 above the Illes Balears provincial average (€792/month).
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Rental flats in Sant Antoni de Portmany →
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National market context
National rank
#153
out of 748 municipalities
vs Illes Balears
+7€
region avg: €792
Trend vs Spain
-0.3%
avg: 2.3%
Trend vs region
-1.2%
region avg: €3.2
Sant Antoni de Portmany ranks 153 out of 748 municipalities in the INE rent price index. It is close to the Illes Balears average (€792/month).
Rent price evolution
Estimated monthly rent in Sant Antoni de Portmany (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
15.493€
per year · INE Atlas
Average household income
47.198€
per year
Rent-to-income ratio
61.9%
of per capita income
Average gross salary
29.075€
per year · Illes Balears
Rent-to-salary ratio
33%
of annual gross salary
The national average effort is 55.4% of per capita income. Sant Antoni de Portmany is 7 points above that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Illes Balears average.
Registered unemployment
Estimated unemployment rate
2%
of estimated active population
Registered unemployed
372
people
Annual change
+3%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Sant Antoni de Portmany?
With rent at €799/month, the recommended salary (30% rule) is €47,000 gross/year.
Recommended salary
47,000€
gross / year
Rent
799€
/ month
Real avg income
15,493€
net / year
Enter your gross annual salary to see what rent in Sant Antoni de Portmany means for your budget.
What would a mortgage cost in Sant Antoni de Portmany?
For a €160,000 property (estimated from current rent), the monthly payment would be €641 over 25 years at 3.5%. You need €48,000 for the down payment and costs (20% + 10%). Based on average incomes in Sant Antoni de Portmany, saving that amount would take around 3.4 years.
What does it cost to live in Sant Antoni de Portmany?
Rent is €799/month. With average food, transport and utilities, the estimated cost of living is €1,569/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 | 122.957 | 799€ |
| 2022 | 120.507 | 783€ |
| 2021 | 116.386 | 757€ |
| 2020 | 114.284 | 743€ |
Frequently asked questions
How much does it cost to rent in Sant Antoni de Portmany?
The estimated rent in Sant Antoni de Portmany is €799/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Sant Antoni de Portmany?
Rent in Sant Antoni de Portmany has risen by 2% compared to the previous year, per the INE IPVA index.
Is Sant Antoni de Portmany expensive to rent compared to the national average?
Yes, rent in Sant Antoni de Portmany (€799/month) is 23% above the national average (€648/month).
How much do you need to earn to live in Sant Antoni de Portmany?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €32000 net per year to live in Sant Antoni de Portmany with a rent of €799/month.
What would a mortgage cost in Sant Antoni de Portmany?
For an estimated property price of €160,000 in Sant Antoni de Portmany (based on current rent of €799/month), the monthly mortgage payment would be €641 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €48,000 (20% down + ~10% costs).
Illes Balears province
View all municipalities and compare prices
Other municipalities in Illes Balears
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Municipalities in Spain with a similar rent to Sant Antoni de Portmany (±10%)
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Want to compare Sant Antoni de Portmany 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: 07046