Rent price in Vilalba
Lugo · Galicia
Estimated rent · IPVA 2023
Net income
13.7k€
per capita/yr
Unemployment
6.1%
SEPE
Population
13,852
residents
According to INE IPVA data, estimated rent in Vilalba is €430/month in 2023 — +2.4% year-on-year. Back in 2020 it was €408/month, a 5.4% increase over 4 years. Provincial average (Lugo): €425/month.
National market context
National rank
#713
out of 753 municipalities
vs Galicia
-101€
region avg: €531
Trend vs Spain
+0.1%
avg: 2.3%
Trend vs region
+0.3%
region avg: €2.1
Vilalba is among Spain's most affordable municipalities (position 713 of 753).
Rent price evolution
Estimated monthly rent in Vilalba (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
13.745€
per year · INE Atlas
Average household income
32.305€
per year
Rent-to-income ratio
37.5%
of per capita income
Average gross salary
26.547€
per year · Galicia
Rent-to-salary ratio
19.4%
of annual gross salary
The national average effort is 55.3% of per capita income. Vilalba is 18 points below that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Galicia average.
What would it cost to live in Vilalba?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
6.1%
of estimated active population
Registered unemployed
393
people
Annual change
+7.4%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
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 | 113.267 | 430€ |
| 2022 | 110.629 | 420€ |
| 2021 | 109.487 | 416€ |
| 2020 | 107.378 | 408€ |
Idealista
Rental flats in Vilalba →
External link to Idealista. UrbanStatsLab may earn a commission.
Frequently asked questions
How much does it cost to rent in Vilalba?
The estimated rent in Vilalba is €430/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Vilalba?
Rent in Vilalba has risen by 2.4% compared to the previous year, per the INE IPVA index.
Is Vilalba expensive to rent compared to the national average?
No, rent in Vilalba (€430/month) is 34% below the national average (€648/month).
How much do you need to earn to live in Vilalba?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €17000 net per year to live in Vilalba with a rent of €430/month.
What would a mortgage cost in Vilalba?
For an estimated property price of €85,000 in Vilalba (based on current rent of €430/month), the monthly mortgage payment would be €340 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €25,500 (20% down + ~10% costs).
Lugo province
View all municipalities and compare prices
Other municipalities in Lugo
Municipalities with similar rent
Municipalities in Spain with a similar rent to Vilalba (±10%)
Want to compare Vilalba 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: 27065