Rent price in Santa Brígida

Las Palmas · Canarias

Estimated rent · IPVA 2023

583per month
+1.6% year-on-yearCheaper than 57% of Spainvs Spain: -65€ · avg €648

Net income

17.4k€

per capita/yr

Unemployment

9.9%

SEPE

Population

18,766

residents

View methodology →

Rent in Santa Brígida stands at €583/month in 2023 per the INE IPVA, a +1.6% year-on-year change. Since 2020 prices have risen 6.4%, placing it €13 below the Las Palmas provincial average (€596/month).

National market context

National rank

#432

out of 753 municipalities

vs Canarias

-6

region avg: €589

Trend vs Spain

-0.7%

avg: 2.3%

Trend vs region

-1.1%

region avg: €2.7

Santa Brígida ranks 432 out of 753 municipalities in the INE rent price index. It is close to the Canarias average (€589/month).

Rent price evolution

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

Income and housing effort

Net income per capita

17.397

per year · INE Atlas

Average household income

49.767

per year

Rent-to-income ratio

40.2%

of per capita income

Average gross salary

25.120

per year · Canarias

Rent-to-salary ratio

27.9%

of annual gross salary

The national average effort is 55.3% of per capita income. Santa Brígida is 15 points below that average.

Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Canarias average.

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Registered unemployment

Estimated unemployment rate

9.9%

of estimated active population

Registered unemployed

980

people

Annual change

+0.1%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

17.4°12.2°Jan17.8°12.2°Feb18.3°12.6°Mar19.8°13.6°Apr20.9°14.8°May22.5°16.4°Jun24.9°18.5°Jul25.9°19.7°Aug24.1°18.5°Sep23.2°17.6°Oct20.6°15.4°Nov18.6°13.2°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023116.583583
2022114.698573
2021111.001555
2020109.643548

Idealista

Rental flats in Santa Brígida

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Santa Brígida?

The estimated rent in Santa Brígida is €583/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Santa Brígida?

Rent in Santa Brígida has risen by 1.6% compared to the previous year, per the INE IPVA index.

Is Santa Brígida expensive to rent compared to the national average?

No, rent in Santa Brígida (€583/month) is 10% below the national average (€648/month).

How much do you need to earn to live in Santa Brígida?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €23000 net per year to live in Santa Brígida with a rent of €583/month.

What would a mortgage cost in Santa Brígida?

For an estimated property price of €115,000 in Santa Brígida (based on current rent of €583/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).

Las Palmas province

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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: 35021