Rent price in Santa Úrsula

Santa Cruz de Tenerife · Canarias

Estimated rent · IPVA 2023

564per month
+3% year-on-yearCheaper than 65% of Spainvs Spain: -84€ · avg €648

Net income

12.7k€

per capita/yr

Unemployment

14.7%

SEPE

Population

15,429

residents

View methodology →

Rent in Santa Úrsula stands at €564/month in 2023 per the INE IPVA, a +3% year-on-year change. Since 2020 prices have risen 8.7%, placing it €17 below the Santa Cruz de Tenerife provincial average (€581/month).

National market context

National rank

#491

out of 753 municipalities

vs Canarias

-25

region avg: €589

Trend vs Spain

+0.7%

avg: 2.3%

Trend vs region

+0.3%

region avg: €2.7

Santa Úrsula ranks 491 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 Úrsula (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

12.710

per year · INE Atlas

Average household income

32.989

per year

Rent-to-income ratio

53.2%

of per capita income

Average gross salary

25.120

per year · Canarias

Rent-to-salary ratio

26.9%

of annual gross salary

The national average effort is 55.3% of per capita income. Santa Úrsula is 2 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

14.7%

of estimated active population

Registered unemployed

1,204

people

Annual change

-5.5%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

15.8°9.2°Jan16.2°9.5°Feb17.1°10.1°Mar18.3°11.4°Apr19.8°12.7°May21.6°14.6°Jun25.7°17.6°Jul26.6°18.7°Aug23.6°16.7°Sep22.2°15.5°Oct19°12.9°Nov17.1°10.6°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023117.482564
2022114.033547
2021111.505535
2020108.063519

Idealista

Rental flats in Santa Úrsula

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Santa Úrsula?

The estimated rent in Santa Úrsula is €564/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Santa Úrsula?

Rent in Santa Úrsula has risen by 3% compared to the previous year, per the INE IPVA index.

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

No, rent in Santa Úrsula (€564/month) is 13% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €23000 net per year to live in Santa Úrsula with a rent of €564/month.

What would a mortgage cost in Santa Úrsula?

For an estimated property price of €115,000 in Santa Úrsula (based on current rent of €564/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).

Santa Cruz de Tenerife 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: 38039