Rent price in Villamartín

Cádiz · Andalucía

Estimated rent · IPVA 2023

504per month
+1% year-on-yearCheaper than 84% of Spainvs Spain: -144€ · avg €648

Net income

11.0k€

per capita/yr

Unemployment

21.1%

SEPE

Population

12,184

residents

View methodology →

According to INE IPVA data, estimated rent in Villamartín is €504/month in 2023 — +1% year-on-year. Back in 2020 it was €493/month, a 2.2% increase over 4 years. Provincial average (Cádiz): €568/month.

National market context

National rank

#636

out of 753 municipalities

vs Andalucía

-64

region avg: €568

Trend vs Spain

-1.3%

avg: 2.3%

Trend vs region

-0.8%

region avg: €1.8

Villamartín ranks 636 out of 753 municipalities in the INE rent price index. It is 11% below the Andalucía average (€568/month).

Rent price evolution

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

Income and housing effort

Net income per capita

11.020

per year · INE Atlas

Average household income

27.833

per year

Rent-to-income ratio

54.9%

of per capita income

Average gross salary

26.090

per year · Andalucía

Rent-to-salary ratio

23.2%

of annual gross salary

The national average effort is 55.3% of per capita income. Villamartín is 0 points below that average.

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

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Registered unemployment

Estimated unemployment rate

21.1%

of estimated active population

Registered unemployed

1,072

people

Annual change

-3.5%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

15.7°6.7°Jan17.6°7.7°Feb19.4°9.1°Mar22.2°11.5°Apr27.1°14.8°May31.1°18°Jun35.6°20.9°Jul35.5°21.4°Aug30.6°18.5°Sep26.2°15.6°Oct19.9°10.9°Nov17.4°8.5°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023100.726504
202299.712499
202199.356497
202098.557493

Idealista

Rental flats in Villamartín

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Villamartín?

The estimated rent in Villamartín is €504/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Villamartín?

Rent in Villamartín has risen by 1% compared to the previous year, per the INE IPVA index.

Is Villamartín expensive to rent compared to the national average?

No, rent in Villamartín (€504/month) is 22% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €20000 net per year to live in Villamartín with a rent of €504/month.

What would a mortgage cost in Villamartín?

For an estimated property price of €100,000 in Villamartín (based on current rent of €504/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).

Cádiz 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: 11041