Rent price in Amorebieta-Etxano

Vizcaya · País Vasco

Estimated rent · IPVA 2024

698.2per month
+1.6% year-on-yearPricier than 72% of Spainvs Spain: +50.200000000000045€ · avg €648

Net income

18.6k€

per capita/yr

Unemployment

8.2%

SEPE

Population

19,660

residents

View methodology →

Rent in Amorebieta-Etxano stands at €698.2/month in 2024 per the INE IPVA, a +1.6% year-on-year change. Since 2016 prices have risen 21%, placing it €48.799999999999955 below the Vizcaya provincial average (€747/month).

Idealista

Rental flats in Amorebieta-Etxano

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National market context

National rank

#212

out of 748 municipalities

vs País Vasco

-30.799999999999955

region avg: €729

Trend vs Spain

-0.7%

avg: 2.3%

Trend vs region

-0.7%

region avg: €2.3

Amorebieta-Etxano ranks 212 out of 748 municipalities in the INE rent price index. It is close to the País Vasco average (€729/month).

Rent price evolution

Estimated monthly rent in Amorebieta-Etxano (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

18.559

per year · INE Atlas

Average household income

45.694

per year

Rent-to-income ratio

45.1%

of per capita income

Average gross salary

35.170

per year · País Vasco

Rent-to-salary ratio

23.8%

of annual gross salary

The national average effort is 55.4% of per capita income. Amorebieta-Etxano is 10 points below that average.

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

Registered unemployment

Estimated unemployment rate

8.2%

of estimated active population

Registered unemployed

798

people

Annual change

+1.1%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

How much do you need to earn to live in Amorebieta-Etxano?

With rent at €698.2/month, the recommended salary (30% rule) is €41,500 gross/year.

Recommended salary

41,500

gross / year

Rent

698.2

/ month

Real avg income

18,559

net / year

€ gross / year

Enter your gross annual salary to see what rent in Amorebieta-Etxano means for your budget.

What would a mortgage cost in Amorebieta-Etxano?

For a €140,000 property (estimated from current rent), the monthly payment would be €561 over 25 years at 3.5%. You need €42,000 for the down payment and costs (20% + 10%). Based on average incomes in Amorebieta-Etxano, saving that amount would take around 3.1 years.

What does it cost to live in Amorebieta-Etxano?

Rent is €698.2/month. With average food, transport and utilities, the estimated cost of living is €1,468.2/month. Adjust each category to your situation.

🏠 Rent698.2
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,468.2
Avg net income: €1,547/month+78.8 margin

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

Climate

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

11.5°4.8°Jan13.3°5.6°Feb15°6.8°Mar17.1°8.5°Apr19.9°11.1°May23°14.4°Jun25.2°16.3°Jul25.9°16.5°Aug23.5°14.6°Sep20.6°12.4°Oct15.3°8.8°Nov13.5°6.9°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2024713.890714
2023687.110687
2022644.680645
2021657.480657
2020629.420629
2019628.470628
2018615.140615
2017590.510591
2016576.620577

Frequently asked questions

How much does it cost to rent in Amorebieta-Etxano?

The estimated rent in Amorebieta-Etxano is €698.2/month in 2024, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Amorebieta-Etxano?

Rent in Amorebieta-Etxano has risen by 1.6% compared to the previous year, per the INE IPVA index.

Is Amorebieta-Etxano expensive to rent compared to the national average?

Yes, rent in Amorebieta-Etxano (€698.2/month) is 8% above the national average (€648/month).

How much do you need to earn to live in Amorebieta-Etxano?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €28000 net per year to live in Amorebieta-Etxano with a rent of €698.2/month.

What would a mortgage cost in Amorebieta-Etxano?

For an estimated property price of €140,000 in Amorebieta-Etxano (based on current rent of €698.2/month), the monthly mortgage payment would be €561 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €42,000 (20% down + ~10% costs).

Vizcaya province

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Other municipalities in Vizcaya

Municipalities with similar rent

Municipalities in Spain with a similar rent to Amorebieta-Etxano (±10%)

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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: EMAL - Estadística del Mercado de Alquiler (Gobierno Vasco) · INE code: 48003