Rent price in Basauri

Vizcaya · País Vasco

Estimated rent · IPVA 2024

713.8per month
+2.3% year-on-yearPricier than 74% of Spainvs Spain: +65.79999999999995€ · avg €648

Net income

16.4k€

per capita/yr

Unemployment

11.7%

SEPE

Population

40,274

residents

View methodology →

According to INE IPVA data, estimated rent in Basauri is €713.8/month in 2024 — +2.3% year-on-year. Back in 2016 it was €572/month, a 24.8% increase over 9 years. Provincial average (Vizcaya): €747/month.

Idealista

Rental flats in Basauri

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National market context

National rank

#194

out of 748 municipalities

vs País Vasco

-15.200000000000045

region avg: €729

Trend vs Spain

0%

avg: 2.3%

Trend vs region

0%

region avg: €2.3

Basauri ranks 194 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 Basauri (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

16.396

per year · INE Atlas

Average household income

37.239

per year

Rent-to-income ratio

52.2%

of per capita income

Average gross salary

35.170

per year · País Vasco

Rent-to-salary ratio

24.4%

of annual gross salary

The national average effort is 55.4% of per capita income. Basauri is 3 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

11.7%

of estimated active population

Registered unemployed

2,326

people

Annual change

-1.8%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €713.8/month, the recommended salary (30% rule) is €42,000 gross/year.

Recommended salary

42,000

gross / year

Rent

713.8

/ month

Real avg income

16,396

net / year

€ gross / year

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

What would a mortgage cost in Basauri?

For a €145,000 property (estimated from current rent), the monthly payment would be €581 over 25 years at 3.5%. You need €43,500 for the down payment and costs (20% + 10%). Based on average incomes in Basauri, saving that amount would take around 3.9 years.

What does it cost to live in Basauri?

Rent is €713.8/month. With average food, transport and utilities, the estimated cost of living is €1,483.8/month. Adjust each category to your situation.

🏠 Rent713.8
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,483.8
Avg net income: €1,366/month-117.8 margin

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

Climate

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

11.4°4.6°Jan13.1°5.2°Feb14.7°6.3°Mar16.8°7.9°Apr19.4°10.3°May22.4°13.8°Jun24.5°15.7°Jul25.4°16°Aug23.3°14°Sep20.5°11.9°Oct15.2°8.3°Nov13.4°6.6°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2024730.670731
2023697.570698
2022648.190648
2021633.300633
2020633.410633
2019623.570624
2018603.430603
2017592.890593
2016572.140572

Frequently asked questions

How much does it cost to rent in Basauri?

The estimated rent in Basauri is €713.8/month in 2024, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Basauri?

Rent in Basauri has risen by 2.3% compared to the previous year, per the INE IPVA index.

Is Basauri expensive to rent compared to the national average?

Yes, rent in Basauri (€713.8/month) is 10% above the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €29000 net per year to live in Basauri with a rent of €713.8/month.

What would a mortgage cost in Basauri?

For an estimated property price of €145,000 in Basauri (based on current rent of €713.8/month), the monthly mortgage payment would be €581 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €43,500 (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 Basauri (±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: 48015