Rent price in Vera

Almería · Andalucía

Estimated rent · IPVA 2023

509per month
+1.5% year-on-yearCheaper than 84% of Spainvs Spain: -139€ · avg €648

Net income

11.3k€

per capita/yr

Unemployment

12%

SEPE

Population

20,282

residents

View methodology →

In 2023, the estimated rent in Vera is €509/month (INE IPVA index), a +1.5% annual change and 7.6% higher than in 2020. Estimated provincial average in Almería: €509/month.

Idealista

Rental flats in Vera

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National market context

National rank

#626

out of 748 municipalities

vs Andalucía

-59

region avg: €568

Trend vs Spain

-0.8%

avg: 2.3%

Trend vs region

-0.3%

region avg: €1.8

Vera ranks 626 out of 748 municipalities in the INE rent price index. It is 10% below the Andalucía average (€568/month).

Rent price evolution

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

Income and housing effort

Net income per capita

11.330

per year · INE Atlas

Average household income

30.773

per year

Rent-to-income ratio

53.9%

of per capita income

Average gross salary

26.090

per year · Andalucía

Rent-to-salary ratio

23.4%

of annual gross salary

The national average effort is 55.4% of per capita income. Vera is 2 points below that average.

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

Registered unemployment

Estimated unemployment rate

12%

of estimated active population

Registered unemployed

1,019

people

Annual change

-11%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €509/month, the recommended salary (30% rule) is €28,500 gross/year.

Recommended salary

28,500

gross / year

Rent

509

/ month

Real avg income

11,330

net / year

€ gross / year

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

What would a mortgage cost in Vera?

For a €100,000 property (estimated from current rent), the monthly payment would be €400 over 25 years at 3.5%. You need €30,000 for the down payment and costs (20% + 10%). Based on average incomes in Vera, saving that amount would take around 3.2 years.

What does it cost to live in Vera?

Rent is €509/month. With average food, transport and utilities, the estimated cost of living is €1,279/month. Adjust each category to your situation.

🏠 Rent509
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,279
Avg net income: €944/month-335 margin

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

Climate

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

16.6°7.8°Jan17.5°8.9°Feb19.2°10.2°Mar20.8°12.1°Apr24.4°15.4°May28.4°19.2°Jun31.4°22.3°Jul31.3°22.7°Aug27.9°19.9°Sep24.5°16.1°Oct20.4°11.9°Nov18°9.3°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023115.698509
2022113.973501
2021110.218485
2020107.491473

Frequently asked questions

How much does it cost to rent in Vera?

The estimated rent in Vera is €509/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Vera?

Rent in Vera has risen by 1.5% compared to the previous year, per the INE IPVA index.

Is Vera expensive to rent compared to the national average?

No, rent in Vera (€509/month) is 21% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €20000 net per year to live in Vera with a rent of €509/month.

What would a mortgage cost in Vera?

For an estimated property price of €100,000 in Vera (based on current rent of €509/month), the monthly mortgage payment would be €400 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €30,000 (20% down + ~10% costs).

Almería province

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Other municipalities in Almería

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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: 04100