Rent price in Telde

Las Palmas · Canarias

Estimated rent · IPVA 2023

592per month
+2.1% year-on-yearCheaper than 55% of Spainvs Spain: -56€ · avg €648

Net income

13.3k€

per capita/yr

Unemployment

14.9%

SEPE

Population

104k

residents

View methodology →

In 2023, the estimated rent in Telde is €592/month (INE IPVA index), a +2.1% annual change and 6.7% higher than in 2020. Estimated provincial average in Las Palmas: €596/month.

Full guide: living in Telde

Monthly budget, required salary and mortgage estimate

National market context

National rank

#412

out of 753 municipalities

vs Canarias

+3

region avg: €589

Trend vs Spain

-0.2%

avg: 2.3%

Trend vs region

-0.6%

region avg: €2.7

Telde ranks 412 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 Telde (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

13.303

per year · INE Atlas

Average household income

34.808

per year

Rent-to-income ratio

53.4%

of per capita income

Average gross salary

25.120

per year · Canarias

Rent-to-salary ratio

28.3%

of annual gross salary

The national average effort is 55.3% of per capita income. Telde 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

14.9%

of estimated active population

Registered unemployed

8,243

people

Annual change

-7.5%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

19.6°14.4°Jan20°14.5°Feb20.8°14.9°Mar22°15.8°Apr23.4°17°May24.9°18.6°Jun27.5°20.9°Jul28.4°22°Aug26.3°20.6°Sep25.4°19.9°Oct22.9°17.7°Nov20.8°15.5°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023118.331592
2022115.849579
2021113.766569
2020110.968555

Idealista

Rental flats in Telde

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Telde?

The estimated rent in Telde is €592/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Telde?

Rent in Telde has risen by 2.1% compared to the previous year, per the INE IPVA index.

Is Telde expensive to rent compared to the national average?

No, rent in Telde (€592/month) is 9% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €24000 net per year to live in Telde with a rent of €592/month.

What would a mortgage cost in Telde?

For an estimated property price of €120,000 in Telde (based on current rent of €592/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

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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: 35026