Rent price in Eibar

Gipuzkoa · País Vasco

Estimated rent · IPVA 2024

624.5per month
+3.2% year-on-yearPricier than 54% of Spainvs Spain: -23.5€ · avg €648

Net income

19.0k€

per capita/yr

Unemployment

11.1%

SEPE

Population

27,484

residents

View methodology →

According to INE IPVA data, estimated rent in Eibar is €624.5/month in 2024 — +3.2% year-on-year. Back in 2016 it was €520/month, a 20.1% increase over 9 years. Provincial average (Gipuzkoa): €725/month.

National market context

National rank

#348

out of 753 municipalities

vs País Vasco

-104.5

region avg: €729

Trend vs Spain

+0.9%

avg: 2.3%

Trend vs region

+0.9%

region avg: €2.3

Eibar ranks 348 out of 753 municipalities in the INE rent price index. It is 14% below the País Vasco average (€729/month).

Rent price evolution

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

Income and housing effort

Net income per capita

18.988

per year · INE Atlas

Average household income

43.246

per year

Rent-to-income ratio

39.5%

of per capita income

Average gross salary

35.170

per year · País Vasco

Rent-to-salary ratio

21.3%

of annual gross salary

The national average effort is 55.3% of per capita income. Eibar is 16 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

11.1%

of estimated active population

Registered unemployed

1,507

people

Annual change

+0.5%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

11.4°4.8°Jan13.2°5.6°Feb14.9°6.7°Mar17°8.3°Apr19.8°10.8°May22.9°14.3°Jun24.8°16.1°Jul25.5°16.4°Aug23.2°14.4°Sep20.4°12.4°Oct15.2°8.7°Nov13.4°7°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2024643.780644
2023605.140605
2022567.030567
2021561.320561
2020546.450546
2019537.580538
2018524.920525
2017509.050509
2016520.010520

Idealista

Rental flats in Eibar

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Eibar?

The estimated rent in Eibar is €624.5/month in 2024, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Eibar?

Rent in Eibar has risen by 3.2% compared to the previous year, per the INE IPVA index.

Is Eibar expensive to rent compared to the national average?

Rent in Eibar (€624.5/month) is close to the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €25000 net per year to live in Eibar with a rent of €624.5/month.

What would a mortgage cost in Eibar?

For an estimated property price of €125,000 in Eibar (based on current rent of €624.5/month), the monthly mortgage payment would be €501 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €37,500 (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: 20030