Rent price in Azpeitia

Gipuzkoa · País Vasco

Estimated rent · IPVA 2024

607.1per month
+1.4% year-on-yearPricier than 50% of Spainvs Spain: -40.89999999999998€ · avg €648

Net income

19.0k€

per capita/yr

Unemployment

7%

SEPE

Population

15,301

residents

View methodology →

Rent in Azpeitia stands at €607.1/month in 2024 per the INE IPVA, a +1.4% year-on-year change. Since 2016 prices have risen 22.2%, placing it €117.89999999999998 below the Gipuzkoa provincial average (€725/month).

National market context

National rank

#378

out of 753 municipalities

vs País Vasco

-121.89999999999998

region avg: €729

Trend vs Spain

-0.9%

avg: 2.3%

Trend vs region

-0.9%

region avg: €2.3

Azpeitia ranks 378 out of 753 municipalities in the INE rent price index. It is 17% below the País Vasco average (€729/month).

Rent price evolution

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

Income and housing effort

Net income per capita

18.980

per year · INE Atlas

Average household income

47.665

per year

Rent-to-income ratio

38.4%

of per capita income

Average gross salary

35.170

per year · País Vasco

Rent-to-salary ratio

20.7%

of annual gross salary

The national average effort is 55.3% of per capita income. Azpeitia is 17 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.

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Registered unemployment

Estimated unemployment rate

7%

of estimated active population

Registered unemployed

528

people

Annual change

-3.6%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

11.6°4.7°Jan13.4°5.6°Feb15°6.8°Mar17.1°8.4°Apr19.8°10.9°May22.9°14.4°Jun24.7°16.2°Jul25.5°16.4°Aug23.3°14.5°Sep20.5°12.4°Oct15.4°8.7°Nov13.6°7°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2024625.590626
2023598.860599
2022576.150576
2021570.740571
2020517.990518
2019515.940516
2018524.780525
2017499.100499
2016497.270497

Idealista

Rental flats in Azpeitia

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Azpeitia?

The estimated rent in Azpeitia is €607.1/month in 2024, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Azpeitia?

Rent in Azpeitia has risen by 1.4% compared to the previous year, per the INE IPVA index.

Is Azpeitia expensive to rent compared to the national average?

No, rent in Azpeitia (€607.1/month) is 6% below the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €24000 net per year to live in Azpeitia with a rent of €607.1/month.

What would a mortgage cost in Azpeitia?

For an estimated property price of €120,000 in Azpeitia (based on current rent of €607.1/month), the monthly mortgage payment would be €481 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €36,000 (20% down + ~10% costs).

Gipuzkoa 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: EMAL - Estadística del Mercado de Alquiler (Gobierno Vasco) · INE code: 20018