Rent price in Tías

Las Palmas · Canarias

Estimated rent · IPVA 2023

605per month
+2.8% year-on-yearCheaper than 51% of Spainvs Spain: -43€ · avg €648

Net income

13.7k€

per capita/yr

Unemployment

6%

SEPE

Population

21,613

residents

View methodology →

In 2023, the estimated rent in Tías is €605/month (INE IPVA index), a +2.8% annual change and 8.2% higher than in 2020. Estimated provincial average in Las Palmas: €596/month.

National market context

National rank

#381

out of 753 municipalities

vs Canarias

+16

region avg: €589

Trend vs Spain

+0.5%

avg: 2.3%

Trend vs region

+0.1%

region avg: €2.7

Tías ranks 381 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 Tías (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

13.735

per year · INE Atlas

Average household income

38.929

per year

Rent-to-income ratio

52.9%

of per capita income

Average gross salary

25.120

per year · Canarias

Rent-to-salary ratio

28.9%

of annual gross salary

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

6%

of estimated active population

Registered unemployed

689

people

Annual change

-7.1%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

19.1°13.9°Jan19.4°13.8°Feb20.2°14.1°Mar21.5°15.2°Apr22.4°16.5°May23.7°18°Jun25.1°19.3°Jul26.4°20.2°Aug25.8°19.8°Sep25.2°18.9°Oct22.6°17°Nov20.3°15.1°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023121.056605
2022117.742589
2021113.088565
2020111.756559

Idealista

Rental flats in Tías

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Tías?

The estimated rent in Tías is €605/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Tías?

Rent in Tías has risen by 2.8% compared to the previous year, per the INE IPVA index.

Is Tías expensive to rent compared to the national average?

No, rent in Tías (€605/month) is 7% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €24000 net per year to live in Tías with a rent of €605/month.

What would a mortgage cost in Tías?

For an estimated property price of €120,000 in Tías (based on current rent of €605/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: 35028