Rent price in Torrelavega
Cantabria · Cantabria
Estimated rent · IPVA 2023
Net income
13.6k€
per capita/yr
Unemployment
12.8%
SEPE
Population
51,796
residents
In 2023, the estimated rent in Torrelavega is €560/month (INE IPVA index), a +2.3% annual change and 7.3% higher than in 2020. Estimated provincial average in Cantabria: €560/month.
Full guide: living in Torrelavega
Monthly budget, required salary and mortgage estimate
National market context
National rank
#501
out of 753 municipalities
vs Cantabria
+0€
region avg: €560
Trend vs Spain
0%
avg: 2.3%
Trend vs region
0%
region avg: €2.3
Torrelavega ranks 501 out of 753 municipalities in the INE rent price index. It is close to the Cantabria average (€560/month).
Rent price evolution
Estimated monthly rent in Torrelavega (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
13.576€
per year · INE Atlas
Average household income
32.104€
per year
Rent-to-income ratio
49.5%
of per capita income
Average gross salary
27.097€
per year · Cantabria
Rent-to-salary ratio
24.8%
of annual gross salary
The national average effort is 55.3% of per capita income. Torrelavega is 6 points below that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Cantabria average.
What would it cost to live in Torrelavega?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
12.8%
of estimated active population
Registered unemployed
3,091
people
Annual change
-1.7%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
Climate
Monthly max & min temperature (°C) · 2015–2024 normals
Source: Open-Meteo · ERA5 reanalysis (ECMWF)
Rent index evolution
| Year | INE IPVA Index | Estimated rent |
|---|---|---|
| 2023 | 114.208 | 560€ |
| 2022 | 111.694 | 547€ |
| 2021 | 109.245 | 535€ |
| 2020 | 106.531 | 522€ |
Idealista
Rental flats in Torrelavega →
External link to Idealista. UrbanStatsLab may earn a commission.
Frequently asked questions
How much does it cost to rent in Torrelavega?
The estimated rent in Torrelavega is €560/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Torrelavega?
Rent in Torrelavega has risen by 2.3% compared to the previous year, per the INE IPVA index.
Is Torrelavega expensive to rent compared to the national average?
No, rent in Torrelavega (€560/month) is 14% below the national average (€648/month).
How much do you need to earn to live in Torrelavega?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €22000 net per year to live in Torrelavega with a rent of €560/month.
What would a mortgage cost in Torrelavega?
For an estimated property price of €110,000 in Torrelavega (based on current rent of €560/month), the monthly mortgage payment would be €441 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €33,000 (20% down + ~10% costs).
Cantabria province
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Other municipalities in Cantabria
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Municipalities in Spain with a similar rent to Torrelavega (±10%)
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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: 39087