Rent price in Amurrio
Álava · País Vasco
Estimated rent · IPVA 2024
Net income
17.5k€
per capita/yr
Unemployment
14%
SEPE
Population
10,364
residents
According to INE IPVA data, estimated rent in Amurrio is €586.6/month in 2024 — +2.1% year-on-year. Back in 2016 it was €497/month, a 18% increase over 9 years. Provincial average (Álava): €648/month.
Idealista
Rental flats in Amurrio →
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National market context
National rank
#416
out of 748 municipalities
vs País Vasco
-142.39999999999998€
region avg: €729
Trend vs Spain
-0.2%
avg: 2.3%
Trend vs region
-0.2%
region avg: €2.3
Amurrio ranks 416 out of 748 municipalities in the INE rent price index. It is 20% below the País Vasco average (€729/month).
Rent price evolution
Estimated monthly rent in Amurrio (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
17.486€
per year · INE Atlas
Average household income
42.818€
per year
Rent-to-income ratio
40.3%
of per capita income
Average gross salary
35.170€
per year · País Vasco
Rent-to-salary ratio
20%
of annual gross salary
The national average effort is 55.4% of per capita income. Amurrio is 15 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
14%
of estimated active population
Registered unemployed
717
people
Annual change
-6.4%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Amurrio?
With rent at €586.6/month, the recommended salary (30% rule) is €33,000 gross/year.
Recommended salary
33,000€
gross / year
Rent
586.6€
/ month
Real avg income
17,486€
net / year
Enter your gross annual salary to see what rent in Amurrio means for your budget.
What would a mortgage cost in Amurrio?
For a €115,000 property (estimated from current rent), the monthly payment would be €461 over 25 years at 3.5%. You need €34,500 for the down payment and costs (20% + 10%). Based on average incomes in Amurrio, saving that amount would take around 2.7 years.
What does it cost to live in Amurrio?
Rent is €586.6/month. With average food, transport and utilities, the estimated cost of living is €1,356.6/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 |
|---|---|---|
| 2024 | 578.550 | 579€ |
| 2023 | 574.290 | 574€ |
| 2022 | 521.990 | 522€ |
| 2021 | 530.390 | 530€ |
| 2020 | 527.270 | 527€ |
| 2019 | 500.950 | 501€ |
| 2018 | 503.220 | 503€ |
| 2017 | 468.350 | 468€ |
| 2016 | 496.800 | 497€ |
Frequently asked questions
How much does it cost to rent in Amurrio?
The estimated rent in Amurrio is €586.6/month in 2024, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Amurrio?
Rent in Amurrio has risen by 2.1% compared to the previous year, per the INE IPVA index.
Is Amurrio expensive to rent compared to the national average?
No, rent in Amurrio (€586.6/month) is 9% below the national average (€648/month).
How much do you need to earn to live in Amurrio?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €23000 net per year to live in Amurrio with a rent of €586.6/month.
What would a mortgage cost in Amurrio?
For an estimated property price of €115,000 in Amurrio (based on current rent of €586.6/month), the monthly mortgage payment would be €461 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €34,500 (20% down + ~10% costs).
Álava province
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Other municipalities in Álava
Municipalities with similar rent
Municipalities in Spain with a similar rent to Amurrio (±10%)
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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: EMAL - Estadística del Mercado de Alquiler (Gobierno Vasco) · INE code: 01002