Rent price in Durango

Vizcaya · País Vasco

Estimated rent · IPVA 2024

712per month
+3.6% year-on-yearPricier than 74% of Spainvs Spain: +64€ · avg €648

Net income

20.1k€

per capita/yr

Unemployment

7.8%

SEPE

Population

30,192

residents

View methodology →

According to INE IPVA data, estimated rent in Durango is €712/month in 2024 — +3.6% year-on-year. Back in 2016 it was €575/month, a 23.8% increase over 9 years. Provincial average (Vizcaya): €747/month.

Idealista

Rental flats in Durango

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National market context

National rank

#195

out of 748 municipalities

vs País Vasco

-17

region avg: €729

Trend vs Spain

+1.3%

avg: 2.3%

Trend vs region

+1.3%

region avg: €2.3

Durango ranks 195 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 Durango (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

20.090

per year · INE Atlas

Average household income

49.291

per year

Rent-to-income ratio

42.5%

of per capita income

Average gross salary

35.170

per year · País Vasco

Rent-to-salary ratio

24.3%

of annual gross salary

The national average effort is 55.4% of per capita income. Durango is 13 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

7.8%

of estimated active population

Registered unemployed

1,156

people

Annual change

-2.4%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €712/month, the recommended salary (30% rule) is €42,000 gross/year.

Recommended salary

42,000

gross / year

Rent

712

/ month

Real avg income

20,090

net / year

€ gross / year

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

What would a mortgage cost in Durango?

For a €140,000 property (estimated from current rent), the monthly payment would be €561 over 25 years at 3.5%. You need €42,000 for the down payment and costs (20% + 10%). Based on average incomes in Durango, saving that amount would take around 2.8 years.

What does it cost to live in Durango?

Rent is €712/month. With average food, transport and utilities, the estimated cost of living is €1,482/month. Adjust each category to your situation.

🏠 Rent712
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,482
Avg net income: €1,674/month+192 margin

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

Climate

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

11.6°5°Jan13.4°5.8°Feb15.1°6.9°Mar17.2°8.7°Apr20°11.2°May23.1°14.6°Jun25.3°16.4°Jul26.1°16.6°Aug23.6°14.8°Sep20.7°12.6°Oct15.4°8.9°Nov13.6°7°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2024719.200719
2023687.380687
2022650.300650
2021634.880635
2020620.920621
2019622.060622
2018603.150603
2017588.070588
2016574.710575

Frequently asked questions

How much does it cost to rent in Durango?

The estimated rent in Durango is €712/month in 2024, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Durango?

Rent in Durango has risen by 3.6% compared to the previous year, per the INE IPVA index.

Is Durango expensive to rent compared to the national average?

Yes, rent in Durango (€712/month) is 10% above the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €28000 net per year to live in Durango with a rent of €712/month.

What would a mortgage cost in Durango?

For an estimated property price of €140,000 in Durango (based on current rent of €712/month), the monthly mortgage payment would be €561 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €42,000 (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 Durango (±10%)

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Rent, income, population and more, side by side.

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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: 48027