Rent price in València
Valencia/València · Comunitat Valenciana
Estimated rent · IPVA 2023
Net income
16.1k€
per capita/yr
Unemployment
No data
Population
841k
residents
In 2023, the estimated rent in València is €709/month (INE IPVA index), a +4.5% annual change and 12.5% higher than in 2020. Estimated provincial average in Valencia/València: €671/month.
Full guide: living in València
Monthly budget, required salary and mortgage estimate
National market context
National rank
#200
out of 753 municipalities
vs CCAA
+66€
region avg: €643
Trend vs Spain
+2.2%
avg: 2.3%
Trend vs region
+1.3%
region avg: €3.2
València ranks 200 out of 753 municipalities in the INE rent price index. It is 10% above the Comunitat Valenciana average (€643/month).
Rent price evolution
Estimated monthly rent in València (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
16.121€
per year · INE Atlas
Average household income
40.058€
per year
Rent-to-income ratio
52.8%
of per capita income
Average gross salary
26.817€
per year · Comunitat Valenciana
Rent-to-salary ratio
31.7%
of annual gross salary
The national average effort is 55.3% of per capita income. València is 3 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.
What would it cost to live in València?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →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 | 128.869 | 709€ |
| 2022 | 123.291 | 678€ |
| 2021 | 118.064 | 649€ |
| 2020 | 114.514 | 630€ |
Idealista
Rental flats in València →
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Frequently asked questions
How much does it cost to rent in València?
The estimated rent in València is €709/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in València?
Rent in València has risen by 4.5% compared to the previous year, per the INE IPVA index.
Is València expensive to rent compared to the national average?
Yes, rent in València (€709/month) is 9% above the national average (€648/month).
How much do you need to earn to live in València?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €28000 net per year to live in València with a rent of €709/month.
What would a mortgage cost in València?
For an estimated property price of €140,000 in València (based on current rent of €709/month), the monthly mortgage payment would be €561 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €42,000 (20% down + ~10% costs).
Valencia/València province
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Other municipalities in Valencia/València
Municipalities with similar rent
Municipalities in Spain with a similar rent to València (±10%)
Want to compare València with another municipality?
Rent, income, population and more, side by side.
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: 46999