Rent price in Soria

Soria · Castilla y León

Estimated rent · IPVA 2023

425per month
+2.9% year-on-yearTop 4% most affordable in Spainvs Spain: -223€ · avg €648

Net income

16.0k€

per capita/yr

Unemployment

7.7%

SEPE

Population

41,025

residents

View methodology →

According to INE IPVA data, estimated rent in Soria is €425/month in 2023 — +2.9% year-on-year. Back in 2020 it was €392/month, a 8.4% increase over 4 years. Provincial average (Soria): €425/month.

Idealista

Rental flats in Soria

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National market context

National rank

#716

out of 748 municipalities

vs Castilla y León

-46

region avg: €471

Trend vs Spain

+0.6%

avg: 2.3%

Trend vs region

+1%

region avg: €1.9

Soria is among Spain's most affordable municipalities (position 716 of 748).

Rent price evolution

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

Income and housing effort

Net income per capita

16.027

per year · INE Atlas

Average household income

37.786

per year

Rent-to-income ratio

31.8%

of per capita income

Average gross salary

26.177

per year · Castilla y León

Rent-to-salary ratio

19.5%

of annual gross salary

The national average effort is 55.4% of per capita income. Soria is 24 points below that average.

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

Registered unemployment

Estimated unemployment rate

7.7%

of estimated active population

Registered unemployed

1,402

people

Annual change

+2.6%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €425/month, the recommended salary (30% rule) is €24,000 gross/year.

Recommended salary

24,000

gross / year

Rent

425

/ month

Real avg income

16,027

net / year

€ gross / year

Enter your gross annual salary to see what rent in Soria means for your budget.

What would a mortgage cost in Soria?

For a €85,000 property (estimated from current rent), the monthly payment would be €340 over 25 years at 3.5%. You need €25,500 for the down payment and costs (20% + 10%). Based on average incomes in Soria, saving that amount would take around 2.2 years.

What does it cost to live in Soria?

Rent is €425/month. With average food, transport and utilities, the estimated cost of living is €1,195/month. Adjust each category to your situation.

🏠 Rent425
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,195
Avg net income: €1,336/month+141 margin

Estimated expenses based on national averages. Adjust to your lifestyle.

Climate

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

7.6°-0.8°Jan9.5°-0.1°Feb11.7°1.6°Mar15°3.6°Apr19.3°6.9°May24.4°11.3°Jun29.5°14.2°Jul29°14.1°Aug22.7°10.4°Sep18.2°7.5°Oct11.4°3.1°Nov9.1°1°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023117.978425
2022114.638413
2021111.938403
2020108.955392

Frequently asked questions

How much does it cost to rent in Soria?

The estimated rent in Soria is €425/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Soria?

Rent in Soria has risen by 2.9% compared to the previous year, per the INE IPVA index.

Is Soria expensive to rent compared to the national average?

No, rent in Soria (€425/month) is 34% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €17000 net per year to live in Soria with a rent of €425/month.

What would a mortgage cost in Soria?

For an estimated property price of €85,000 in Soria (based on current rent of €425/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).

Soria province

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Municipalities in Spain with a similar rent to Soria (±10%)

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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: 42173