Rent price in Santa María de Guía de Gran Canaria
Las Palmas · Canarias
Estimated rent · IPVA 2023
Net income
13.3k€
per capita/yr
Unemployment
13.5%
SEPE
Population
14,311
residents
Rent in Santa María de Guía de Gran Canaria stands at €608/month in 2023 per the INE IPVA, a +1.5% year-on-year change. Since 2020 prices have risen 6.3%, placing it €12 above the Las Palmas provincial average (€596/month).
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National market context
National rank
#373
out of 748 municipalities
vs Canarias
+19€
region avg: €589
Trend vs Spain
-0.8%
avg: 2.3%
Trend vs region
-1.2%
region avg: €2.7
Santa María de Guía de Gran Canaria ranks 373 out of 748 municipalities in the INE rent price index. It is close to the Canarias average (€589/month).
Rent price evolution
Estimated monthly rent in Santa María de Guía de Gran Canaria (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
13.253€
per year · INE Atlas
Average household income
34.486€
per year
Rent-to-income ratio
55.1%
of per capita income
Average gross salary
25.120€
per year · Canarias
Rent-to-salary ratio
29%
of annual gross salary
The national average effort is 55.4% of per capita income. Santa María de Guía de Gran Canaria is 0 points below that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Canarias average.
Registered unemployment
Estimated unemployment rate
13.5%
of estimated active population
Registered unemployed
1,027
people
Annual change
-12.1%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Santa María de Guía de Gran Canaria?
With rent at €608/month, the recommended salary (30% rule) is €36,000 gross/year.
Recommended salary
36,000€
gross / year
Rent
608€
/ month
Real avg income
13,253€
net / year
Enter your gross annual salary to see what rent in Santa María de Guía de Gran Canaria means for your budget.
What would a mortgage cost in Santa María de Guía de Gran Canaria?
For a €120,000 property (estimated from current rent), the monthly payment would be €481 over 25 years at 3.5%. You need €36,000 for the down payment and costs (20% + 10%). Based on average incomes in Santa María de Guía de Gran Canaria, saving that amount would take around 3.5 years.
What does it cost to live in Santa María de Guía de Gran Canaria?
Rent is €608/month. With average food, transport and utilities, the estimated cost of living is €1,378/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 | 121.512 | 608€ |
| 2022 | 119.771 | 599€ |
| 2021 | 117.439 | 587€ |
| 2020 | 114.370 | 572€ |
Frequently asked questions
How much does it cost to rent in Santa María de Guía de Gran Canaria?
The estimated rent in Santa María de Guía de Gran Canaria is €608/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Santa María de Guía de Gran Canaria?
Rent in Santa María de Guía de Gran Canaria has risen by 1.5% compared to the previous year, per the INE IPVA index.
Is Santa María de Guía de Gran Canaria expensive to rent compared to the national average?
No, rent in Santa María de Guía de Gran Canaria (€608/month) is 6% below the national average (€648/month).
How much do you need to earn to live in Santa María de Guía de Gran Canaria?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €24000 net per year to live in Santa María de Guía de Gran Canaria with a rent of €608/month.
What would a mortgage cost in Santa María de Guía de Gran Canaria?
For an estimated property price of €120,000 in Santa María de Guía de Gran Canaria (based on current rent of €608/month), the monthly mortgage payment would be €481 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €36,000 (20% down + ~10% costs).
Las Palmas province
View all municipalities and compare prices
Other municipalities in Las Palmas
Municipalities with similar rent
Municipalities in Spain with a similar rent to Santa María de Guía de Gran Canaria (±10%)
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Want to compare Santa María de Guía de Gran Canaria 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: 35023