Rent price in Utiel

Valencia/València · Comunitat Valenciana

Estimated rent · IPVA 2023

617per month
+1.6% year-on-yearPricier than 51% of Spainvs Spain: -31€ · avg €648

Net income

12.3k€

per capita/yr

Unemployment

8.7%

SEPE

Population

11,663

residents

View methodology →

In 2023, the estimated rent in Utiel is €617/month (INE IPVA index), a +1.6% annual change and 6.9% higher than in 2020. Estimated provincial average in Valencia/València: €671/month.

National market context

National rank

#367

out of 753 municipalities

vs CCAA

-26

region avg: €643

Trend vs Spain

-0.7%

avg: 2.3%

Trend vs region

-1.6%

region avg: €3.2

Utiel ranks 367 out of 753 municipalities in the INE rent price index. It is close to the Comunitat Valenciana average (€643/month).

Rent price evolution

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

Income and housing effort

Net income per capita

12.313

per year · INE Atlas

Average household income

29.806

per year

Rent-to-income ratio

60.1%

of per capita income

Average gross salary

26.817

per year · Comunitat Valenciana

Rent-to-salary ratio

27.6%

of annual gross salary

The national average effort is 55.3% of per capita income. Utiel is 5 points above that average.

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

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Registered unemployment

Estimated unemployment rate

8.7%

of estimated active population

Registered unemployed

485

people

Annual change

-4.2%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

10.9°2.3°Jan13.1°3.5°Feb15.2°5°Mar17.9°7.1°Apr23.1°10.8°May27.9°15.1°Jun32.8°18.7°Jul31.4°18.5°Aug25.4°14.5°Sep21.1°11.2°Oct14.7°6.4°Nov12.2°3.9°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023112.124617
2022110.352607
2021106.875588
2020104.925577

Idealista

Rental flats in Utiel

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Utiel?

The estimated rent in Utiel is €617/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Utiel?

Rent in Utiel has risen by 1.6% compared to the previous year, per the INE IPVA index.

Is Utiel expensive to rent compared to the national average?

Rent in Utiel (€617/month) is close to the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €25000 net per year to live in Utiel with a rent of €617/month.

What would a mortgage cost in Utiel?

For an estimated property price of €125,000 in Utiel (based on current rent of €617/month), the monthly mortgage payment would be €501 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €37,500 (20% down + ~10% costs).

Valencia/València 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: 46249