Rent price in Errenteria

Gipuzkoa · País Vasco

Estimated rent · IPVA 2024

769.6per month
+1.8% year-on-yearPricier than 78% of Spainvs Spain: +121.60000000000002€ · avg €648

Net income

16.7k€

per capita/yr

Unemployment

9.1%

SEPE

Population

39,363

residents

View methodology →

According to INE IPVA data, estimated rent in Errenteria is €769.6/month in 2024 — +1.8% year-on-year. Back in 2016 it was €598/month, a 28.7% increase over 9 years. Provincial average (Gipuzkoa): €725/month.

National market context

National rank

#165

out of 753 municipalities

vs País Vasco

+40.60000000000002

region avg: €729

Trend vs Spain

-0.5%

avg: 2.3%

Trend vs region

-0.5%

region avg: €2.3

Errenteria ranks 165 out of 753 municipalities in the INE rent price index. It is 6% above the País Vasco average (€729/month).

Rent price evolution

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

Income and housing effort

Net income per capita

16.664

per year · INE Atlas

Average household income

38.800

per year

Rent-to-income ratio

55.4%

of per capita income

Average gross salary

35.170

per year · País Vasco

Rent-to-salary ratio

26.3%

of annual gross salary

The national average effort is 55.3% of per capita income. Errenteria is 0 points above 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

9.1%

of estimated active population

Registered unemployed

1,769

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°6.3°Jan12.9°6.9°Feb14.2°8.1°Mar16°9.6°Apr18.2°12.1°May21°15.4°Jun22.8°17.5°Jul23.5°17.7°Aug21.9°15.8°Sep19.8°13.6°Oct15.3°10.1°Nov13.6°8.4°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2024810.620811
2023755.720756
2022712.350712
2021670.460670
2020667.380667
2019657.010657
2018637.190637
2017608.810609
2016597.990598

Idealista

Rental flats in Errenteria

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Errenteria?

The estimated rent in Errenteria is €769.6/month in 2024, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Errenteria?

Rent in Errenteria has risen by 1.8% compared to the previous year, per the INE IPVA index.

Is Errenteria expensive to rent compared to the national average?

Yes, rent in Errenteria (€769.6/month) is 19% above the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €31000 net per year to live in Errenteria with a rent of €769.6/month.

What would a mortgage cost in Errenteria?

For an estimated property price of €155,000 in Errenteria (based on current rent of €769.6/month), the monthly mortgage payment would be €621 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €46,500 (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: 20067