Rent price in Santoña

Cantabria · Cantabria

Estimated rent · IPVA 2023

521per month
+1.5% year-on-yearCheaper than 82% of Spainvs Spain: -127€ · avg €648

Net income

13.6k€

per capita/yr

Unemployment

9.1%

SEPE

Population

10,835

residents

View methodology →

Rent in Santoña stands at €521/month in 2023 per the INE IPVA, a +1.5% year-on-year change. Since 2020 prices have risen 5.3%, placing it €39 below the Cantabria provincial average (€560/month).

Full guide: living in Santoña

Monthly budget, required salary and mortgage estimate

National market context

National rank

#614

out of 753 municipalities

vs Cantabria

-39

region avg: €560

Trend vs Spain

-0.8%

avg: 2.3%

Trend vs region

-0.8%

region avg: €2.3

Santoña ranks 614 out of 753 municipalities in the INE rent price index. It is 7% below the Cantabria average (€560/month).

Rent price evolution

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

Income and housing effort

Net income per capita

13.641

per year · INE Atlas

Average household income

32.361

per year

Rent-to-income ratio

45.8%

of per capita income

Average gross salary

27.097

per year · Cantabria

Rent-to-salary ratio

23.1%

of annual gross salary

The national average effort is 55.3% of per capita income. Santoña is 10 points below that average.

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

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Registered unemployment

Estimated unemployment rate

9.1%

of estimated active population

Registered unemployed

461

people

Annual change

-7.6%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

12.3°5.7°Jan13.6°6.2°Feb14.8°7.3°Mar16.6°9°Apr18.8°11.5°May21.5°14.7°Jun23.6°16.6°Jul24.4°16.9°Aug22.6°15°Sep20.3°12.6°Oct16°9.2°Nov14.3°7.4°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023106.377521
2022104.775513
2021102.832504
2020101.050495

Idealista

Rental flats in Santoña

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Santoña?

The estimated rent in Santoña is €521/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Santoña?

Rent in Santoña has risen by 1.5% compared to the previous year, per the INE IPVA index.

Is Santoña expensive to rent compared to the national average?

No, rent in Santoña (€521/month) is 20% below the national average (€648/month).

How much do you need to earn to live in Santoña?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €21000 net per year to live in Santoña with a rent of €521/month.

What would a mortgage cost in Santoña?

For an estimated property price of €105,000 in Santoña (based on current rent of €521/month), the monthly mortgage payment would be €421 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €31,500 (20% down + ~10% costs).

Cantabria 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: 39079