Rent price in Utebo

Zaragoza · Aragón

Estimated rent · IPVA 2023

610per month
+2.5% year-on-yearPricier than 50% of Spainvs Spain: -38€ · avg €648

Net income

14.5k€

per capita/yr

Unemployment

7.5%

SEPE

Population

19,116

residents

View methodology →

Rent in Utebo stands at €610/month in 2023 per the INE IPVA, a +2.5% year-on-year change. Since 2020 prices have risen 7.6%, placing it €8 above the Zaragoza provincial average (€602/month).

Idealista

Rental flats in Utebo

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National market context

National rank

#372

out of 748 municipalities

vs Aragón

+68

region avg: €542

Trend vs Spain

+0.2%

avg: 2.3%

Trend vs region

+0.3%

region avg: €2.2

Utebo ranks 372 out of 748 municipalities in the INE rent price index. It is 13% above the Aragón average (€542/month).

Rent price evolution

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

Income and housing effort

Net income per capita

14.537

per year · INE Atlas

Average household income

39.323

per year

Rent-to-income ratio

50.4%

of per capita income

Average gross salary

28.062

per year · Aragón

Rent-to-salary ratio

26.1%

of annual gross salary

The national average effort is 55.4% of per capita income. Utebo is 5 points below that average.

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

Registered unemployment

Estimated unemployment rate

7.5%

of estimated active population

Registered unemployed

686

people

Annual change

-7.4%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €610/month, the recommended salary (30% rule) is €36,000 gross/year.

Recommended salary

36,000

gross / year

Rent

610

/ month

Real avg income

14,537

net / year

€ gross / year

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

What would a mortgage cost in Utebo?

For a €120,000 property (estimated from current rent), the monthly payment would be €481 over 25 years at 3.5%. You need €36,000 for the down payment and costs (20% + 10%). Based on average incomes in Utebo, saving that amount would take around 3.1 years.

What does it cost to live in Utebo?

Rent is €610/month. With average food, transport and utilities, the estimated cost of living is €1,380/month. Adjust each category to your situation.

🏠 Rent610
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,380
Avg net income: €1,211/month-169 margin

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

Climate

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

11.2°3.2°Jan14°4.5°Feb17°6.6°Mar20.3°9°Apr25.4°12.7°May30.3°17.1°Jun34.2°19.6°Jul33.2°19.6°Aug27.3°16.1°Sep22.4°12.5°Oct15.6°7.5°Nov12.1°4.5°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023117.260610
2022114.351595
2021111.623580
2020109.084567

Frequently asked questions

How much does it cost to rent in Utebo?

The estimated rent in Utebo is €610/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Utebo?

Rent in Utebo has risen by 2.5% compared to the previous year, per the INE IPVA index.

Is Utebo expensive to rent compared to the national average?

No, rent in Utebo (€610/month) is 6% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €24000 net per year to live in Utebo with a rent of €610/month.

What would a mortgage cost in Utebo?

For an estimated property price of €120,000 in Utebo (based on current rent of €610/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).

Zaragoza province

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Municipalities in Spain with a similar rent to Utebo (±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: 50272