Rent price in Yaiza

Las Palmas · Canarias

Estimated rent · IPVA 2023

615per month
+2.9% year-on-yearPricier than 51% of Spainvs Spain: -33€ · avg €648

Net income

13.4k€

per capita/yr

Unemployment

5.2%

SEPE

Population

18,842

residents

View methodology →

According to INE IPVA data, estimated rent in Yaiza is €615/month in 2023 — +2.9% year-on-year. Back in 2020 it was €563/month, a 9.2% increase over 4 years. Provincial average (Las Palmas): €596/month.

Idealista

Rental flats in Yaiza

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National market context

National rank

#365

out of 748 municipalities

vs Canarias

+26

region avg: €589

Trend vs Spain

+0.6%

avg: 2.3%

Trend vs region

+0.2%

region avg: €2.7

Yaiza ranks 365 out of 748 municipalities in the INE rent price index. It is close to the Canarias average (€589/month).

Rent price evolution

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

Income and housing effort

Net income per capita

13.379

per year · INE Atlas

Average household income

38.884

per year

Rent-to-income ratio

55.2%

of per capita income

Average gross salary

25.120

per year · Canarias

Rent-to-salary ratio

29.4%

of annual gross salary

The national average effort is 55.4% of per capita income. Yaiza is 0 points below that average.

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

Registered unemployment

Estimated unemployment rate

5.2%

of estimated active population

Registered unemployed

524

people

Annual change

-4.7%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €615/month, the recommended salary (30% rule) is €36,500 gross/year.

Recommended salary

36,500

gross / year

Rent

615

/ month

Real avg income

13,379

net / year

€ gross / year

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

What would a mortgage cost in Yaiza?

For a €125,000 property (estimated from current rent), the monthly payment would be €501 over 25 years at 3.5%. You need €37,500 for the down payment and costs (20% + 10%). Based on average incomes in Yaiza, saving that amount would take around 3.2 years.

What does it cost to live in Yaiza?

Rent is €615/month. With average food, transport and utilities, the estimated cost of living is €1,385/month. Adjust each category to your situation.

🏠 Rent615
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,385
Avg net income: €1,115/month-270 margin

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

Climate

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

19.9°15.1°Jan20.1°15°Feb20.6°15.3°Mar21.5°16.3°Apr22.5°17.5°May23.7°19°Jun25.3°20.2°Jul26.5°21.1°Aug26°20.8°Sep25.5°20°Oct23.3°18.2°Nov21.1°16.3°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023123.023615
2022119.561598
2021113.878569
2020112.520563

Frequently asked questions

How much does it cost to rent in Yaiza?

The estimated rent in Yaiza is €615/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Yaiza?

Rent in Yaiza has risen by 2.9% compared to the previous year, per the INE IPVA index.

Is Yaiza expensive to rent compared to the national average?

Rent in Yaiza (€615/month) is close to the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €25000 net per year to live in Yaiza with a rent of €615/month.

What would a mortgage cost in Yaiza?

For an estimated property price of €125,000 in Yaiza (based on current rent of €615/month), the monthly mortgage payment would be €501 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €37,500 (20% down + ~10% costs).

Las Palmas province

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Other municipalities in Las Palmas

Municipalities with similar rent

Municipalities in Spain with a similar rent to Yaiza (±10%)

More affordable options in Canarias

Municipalities in Canarias with lower rent than Yaiza

Want to compare Yaiza with another municipality?

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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: 35034