Rent price in Basauri
Vizcaya · País Vasco
Estimated rent · IPVA 2024
Net income
16.4k€
per capita/yr
Unemployment
11.7%
SEPE
Population
40,274
residents
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.
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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
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.
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 | 730.670 | 731€ |
| 2023 | 697.570 | 698€ |
| 2022 | 648.190 | 648€ |
| 2021 | 633.300 | 633€ |
| 2020 | 633.410 | 633€ |
| 2019 | 623.570 | 624€ |
| 2018 | 603.430 | 603€ |
| 2017 | 592.890 | 593€ |
| 2016 | 572.140 | 572€ |
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
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Municipalities in Spain with a similar rent to Basauri (±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: 48015