Rent price in Villanueva de la Cañada
Madrid · Comunidad de Madrid
Estimated rent · IPVA 2023
Net income
20.9k€
per capita/yr
Unemployment
4.9%
SEPE
Population
24,028
residents
Rent in Villanueva de la Cañada stands at €1069/month in 2023 per the INE IPVA, a +3.7% year-on-year change. Since 2020 prices have risen 11.1%, placing it €67 above the Madrid provincial average (€1002/month).
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National market context
National rank
#1
out of 748 municipalities
vs CCAA
+67€
region avg: €1002
Trend vs Spain
+1.4%
avg: 2.3%
Trend vs region
+1.4%
region avg: €2.3
Villanueva de la Cañada ranks among the 10 most expensive municipalities in Spain (position 1 of 748).
Rent price evolution
Estimated monthly rent in Villanueva de la Cañada (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
20.858€
per year · INE Atlas
Average household income
70.766€
per year
Rent-to-income ratio
61.5%
of per capita income
Average gross salary
34.410€
per year · Comunidad de Madrid
Rent-to-salary ratio
37.3%
of annual gross salary
The national average effort is 55.4% of per capita income. Villanueva de la Cañada is 6 points above that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Comunidad de Madrid average.
Registered unemployment
Estimated unemployment rate
4.9%
of estimated active population
Registered unemployed
624
people
Annual change
-1.7%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Villanueva de la Cañada?
With rent at €1069/month, the recommended salary (30% rule) is €66,500 gross/year.
Recommended salary
66,500€
gross / year
Rent
1069€
/ month
Real avg income
20,858€
net / year
Enter your gross annual salary to see what rent in Villanueva de la Cañada means for your budget.
What would a mortgage cost in Villanueva de la Cañada?
For a €215,000 property (estimated from current rent), the monthly payment would be €861 over 25 years at 3.5%. You need €64,500 for the down payment and costs (20% + 10%). Based on average incomes in Villanueva de la Cañada, saving that amount would take around 3 years.
What does it cost to live in Villanueva de la Cañada?
Rent is €1069/month. With average food, transport and utilities, the estimated cost of living is €1,839/month. Adjust each category to your situation.
Estimated expenses based on national averages. Adjust to your lifestyle.
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 | 125.794 | 1069€ |
| 2022 | 121.249 | 1031€ |
| 2021 | 117.291 | 997€ |
| 2020 | 113.187 | 962€ |
Frequently asked questions
How much does it cost to rent in Villanueva de la Cañada?
The estimated rent in Villanueva de la Cañada is €1069/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Villanueva de la Cañada?
Rent in Villanueva de la Cañada has risen by 3.7% compared to the previous year, per the INE IPVA index.
Is Villanueva de la Cañada expensive to rent compared to the national average?
Yes, rent in Villanueva de la Cañada (€1069/month) is 65% above the national average (€648/month).
How much do you need to earn to live in Villanueva de la Cañada?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €43000 net per year to live in Villanueva de la Cañada with a rent of €1069/month.
What would a mortgage cost in Villanueva de la Cañada?
For an estimated property price of €215,000 in Villanueva de la Cañada (based on current rent of €1069/month), the monthly mortgage payment would be €861 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €64,500 (20% down + ~10% costs).
Madrid province
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Other municipalities in Madrid
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Municipalities in Comunidad de Madrid with lower rent than Villanueva de la Cañada
Want to compare Villanueva de la Cañada 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: 28176