Rent price in Barakaldo
Vizcaya · País Vasco
Estimated rent · IPVA 2024
Net income
16.5k€
per capita/yr
Unemployment
11.2%
SEPE
Population
103k
residents
According to INE IPVA data, estimated rent in Barakaldo is €751/month in 2024 — +2.2% year-on-year. Back in 2016 it was €606/month, a 23.9% increase over 9 years. Provincial average (Vizcaya): €747/month.
Full guide: living in Barakaldo
Monthly budget, required salary and mortgage estimate
Idealista
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National market context
National rank
#175
out of 748 municipalities
vs País Vasco
+22€
region avg: €729
Trend vs Spain
-0.1%
avg: 2.3%
Trend vs region
-0.1%
region avg: €2.3
Barakaldo ranks 175 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 Barakaldo (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
16.510€
per year · INE Atlas
Average household income
38.597€
per year
Rent-to-income ratio
54.6%
of per capita income
Average gross salary
35.170€
per year · País Vasco
Rent-to-salary ratio
25.6%
of annual gross salary
The national average effort is 55.4% of per capita income. Barakaldo is 1 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
11.2%
of estimated active population
Registered unemployed
5,690
people
Annual change
+0.4%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Barakaldo?
With rent at €751/month, the recommended salary (30% rule) is €44,500 gross/year.
Recommended salary
44,500€
gross / year
Rent
751€
/ month
Real avg income
16,510€
net / year
Enter your gross annual salary to see what rent in Barakaldo means for your budget.
What would a mortgage cost in Barakaldo?
For a €150,000 property (estimated from current rent), the monthly payment would be €601 over 25 years at 3.5%. You need €45,000 for the down payment and costs (20% + 10%). Based on average incomes in Barakaldo, saving that amount would take around 3.9 years.
What does it cost to live in Barakaldo?
Rent is €751/month. With average food, transport and utilities, the estimated cost of living is €1,521/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 | 772.480 | 772€ |
| 2023 | 734.610 | 735€ |
| 2022 | 698.960 | 699€ |
| 2021 | 676.140 | 676€ |
| 2020 | 660.930 | 661€ |
| 2019 | 653.100 | 653€ |
| 2018 | 640.850 | 641€ |
| 2017 | 617.780 | 618€ |
| 2016 | 606.310 | 606€ |
Frequently asked questions
How much does it cost to rent in Barakaldo?
The estimated rent in Barakaldo is €751/month in 2024, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Barakaldo?
Rent in Barakaldo has risen by 2.2% compared to the previous year, per the INE IPVA index.
Is Barakaldo expensive to rent compared to the national average?
Yes, rent in Barakaldo (€751/month) is 16% above the national average (€648/month).
How much do you need to earn to live in Barakaldo?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €30000 net per year to live in Barakaldo with a rent of €751/month.
What would a mortgage cost in Barakaldo?
For an estimated property price of €150,000 in Barakaldo (based on current rent of €751/month), the monthly mortgage payment would be €601 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €45,000 (20% down + ~10% costs).
Vizcaya province
View all municipalities and compare prices
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Municipalities in Spain with a similar rent to Barakaldo (±10%)
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Want to compare Barakaldo 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: EMAL - Estadística del Mercado de Alquiler (Gobierno Vasco) · INE code: 48013