Rent price in Solana, La

Ciudad Real · Castilla-La Mancha

Estimated rent · IPVA 2023

430per month
-0.2% year-on-yearTop 5% most affordable in Spainvs Spain: -218€ · avg €648

Net income

10.6k€

per capita/yr

Unemployment

11.8%

SEPE

Population

15,242

residents

View methodology →

Rent in Solana, La stands at €430/month in 2023 per the INE IPVA, a -0.2% year-on-year change. Since 2020 prices have risen 5.4%, placing it €13 below the Ciudad Real provincial average (€443/month).

National market context

National rank

#712

out of 753 municipalities

vs Castilla-La Mancha

-56

region avg: €486

Trend vs Spain

-2.5%

avg: 2.3%

Trend vs region

-2.7%

region avg: €2.5

Solana, La is among Spain's most affordable municipalities (position 712 of 753).

Rent price evolution

Estimated monthly rent in Solana, La (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

10.636

per year · INE Atlas

Average household income

29.844

per year

Rent-to-income ratio

48.5%

of per capita income

Average gross salary

26.062

per year · Castilla-La Mancha

Rent-to-salary ratio

19.8%

of annual gross salary

The national average effort is 55.3% of per capita income. Solana, La is 7 points below that average.

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

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Registered unemployment

Estimated unemployment rate

11.8%

of estimated active population

Registered unemployed

809

people

Annual change

-16.9%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

10.9°1.4°Jan13.5°3°Feb15.7°4.6°Mar18.9°7.4°Apr24.3°11.3°May29.6°15.9°Jun34.9°19.9°Jul33.8°19.7°Aug27.6°15°Sep22.4°11.1°Oct15.1°5.8°Nov12.5°3.2°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023110.222430
2022110.471431
2021105.622412
2020104.655408

Idealista

Rental flats in Solana, La

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Solana, La?

The estimated rent in Solana, La is €430/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Solana, La?

Rent in Solana, La has fallen by 0.2% compared to the previous year, per the INE IPVA index.

Is Solana, La expensive to rent compared to the national average?

No, rent in Solana, La (€430/month) is 34% below the national average (€648/month).

How much do you need to earn to live in Solana, La?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €17000 net per year to live in Solana, La with a rent of €430/month.

What would a mortgage cost in Solana, La?

For an estimated property price of €85,000 in Solana, La (based on current rent of €430/month), the monthly mortgage payment would be €340 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €25,500 (20% down + ~10% costs).

Ciudad Real 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: 13079