Rent price in Vilalba

Lugo · Galicia

Estimated rent · IPVA 2023

430per month
+2.4% year-on-yearTop 5% most affordable in Spainvs Spain: -218€ · avg €648

Net income

13.7k€

per capita/yr

Unemployment

6.2%

SEPE

Population

13,852

residents

View methodology →

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.

Idealista

Rental flats in Vilalba

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National market context

National rank

#708

out of 748 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 708 of 748).

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 55.4% 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.

Registered unemployment

Estimated unemployment rate

6.2%

of estimated active population

Registered unemployed

394

people

Annual change

+8.2%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €430/month, the recommended salary (30% rule) is €24,000 gross/year.

Recommended salary

24,000

gross / year

Rent

430

/ month

Real avg income

13,745

net / year

€ gross / year

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

What would a mortgage cost in Vilalba?

For a €85,000 property (estimated from current rent), the monthly payment would be €340 over 25 years at 3.5%. You need €25,500 for the down payment and costs (20% + 10%). Based on average incomes in Vilalba, saving that amount would take around 2.6 years.

What does it cost to live in Vilalba?

Rent is €430/month. With average food, transport and utilities, the estimated cost of living is €1,200/month. Adjust each category to your situation.

🏠 Rent430
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,200
Avg net income: €1,145/month-55 margin

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

Climate

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

9.5°3.6°Jan10.7°4°Feb11.9°4.6°Mar14.6°6.3°Apr17.2°9°May19.7°11.6°Jun22.4°13.6°Jul23°14.1°Aug20.4°12.3°Sep17.3°10.2°Oct12.8°6.8°Nov11°5.1°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023113.267430
2022110.629420
2021109.487416
2020107.378408

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

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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: 27065