Rent price in Torrent

Valencia/València · Comunitat Valenciana

Estimated rent · IPVA 2023

680per month
+3.2% year-on-yearPricier than 67% of Spainvs Spain: +32€ · avg €648

Net income

24.1k€

per capita/yr

Unemployment

13.7%

SEPE

Population

90,928

residents

View methodology →

According to INE IPVA data, estimated rent in Torrent is €680/month in 2023 — +3.2% year-on-year. Back in 2020 it was €619/month, a 9.9% increase over 4 years. Provincial average (Valencia/València): €671/month.

Full guide: living in Torrent

Monthly budget, required salary and mortgage estimate

Idealista

Rental flats in Torrent

External link to Idealista. UrbanStatsLab may earn a commission.

National market context

National rank

#247

out of 748 municipalities

vs CCAA

+37

region avg: €643

Trend vs Spain

+0.9%

avg: 2.3%

Trend vs region

0%

region avg: €3.2

Torrent ranks 247 out of 748 municipalities in the INE rent price index. It is 6% above the Comunitat Valenciana average (€643/month).

Rent price evolution

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

Income and housing effort

Net income per capita

24.134

per year · INE Atlas

Average household income

60.516

per year

Rent-to-income ratio

33.8%

of per capita income

Average gross salary

26.817

per year · Comunitat Valenciana

Rent-to-salary ratio

30.4%

of annual gross salary

The national average effort is 55.4% of per capita income. Torrent is 22 points below that average.

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

Registered unemployment

Estimated unemployment rate

13.7%

of estimated active population

Registered unemployed

5,962

people

Annual change

-4.1%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €680/month, the recommended salary (30% rule) is €40,000 gross/year.

Recommended salary

40,000

gross / year

Rent

680

/ month

Real avg income

24,134

net / year

€ gross / year

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

What would a mortgage cost in Torrent?

For a €135,000 property (estimated from current rent), the monthly payment would be €541 over 25 years at 3.5%. You need €40,500 for the down payment and costs (20% + 10%). Based on average incomes in Torrent, saving that amount would take around 2.2 years.

What does it cost to live in Torrent?

Rent is €680/month. With average food, transport and utilities, the estimated cost of living is €1,450/month. Adjust each category to your situation.

🏠 Rent680
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,450
Avg net income: €2,011/month+561 margin

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

Climate

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

16.2°6.3°Jan17.4°7.2°Feb19.2°8.8°Mar21°10.5°Apr25.2°14°May29.3°18°Jun32.1°21.1°Jul32°21.4°Aug28.1°18.5°Sep24.5°14.9°Oct19.6°10.7°Nov17°7.9°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023123.599680
2022119.722658
2021115.632636
2020112.554619

Frequently asked questions

How much does it cost to rent in Torrent?

The estimated rent in Torrent is €680/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Torrent?

Rent in Torrent has risen by 3.2% compared to the previous year, per the INE IPVA index.

Is Torrent expensive to rent compared to the national average?

Rent in Torrent (€680/month) is close to the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €27000 net per year to live in Torrent with a rent of €680/month.

What would a mortgage cost in Torrent?

For an estimated property price of €135,000 in Torrent (based on current rent of €680/month), the monthly mortgage payment would be €541 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €40,500 (20% down + ~10% costs).

Valencia/València province

View all municipalities and compare prices

Other municipalities in Valencia/València

Municipalities with similar rent

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

More affordable options in Comunitat Valenciana

Municipalities in Comunitat Valenciana with lower rent than Torrent

Want to compare Torrent with another municipality?

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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: 46244