Rent price in Getxo
Vizcaya · País Vasco
Estimated rent · IPVA 2024
Net income
24.6k€
per capita/yr
Unemployment
7.2%
SEPE
Population
75,752
residents
According to INE IPVA data, estimated rent in Getxo is €989/month in 2024 — +4.9% year-on-year. Back in 2016 it was €790/month, a 25.2% increase over 9 years. Provincial average (Vizcaya): €747/month.
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National market context
National rank
#39
out of 748 municipalities
vs País Vasco
+260€
region avg: €729
Trend vs Spain
+2.6%
avg: 2.3%
Trend vs region
+2.6%
region avg: €2.3
Getxo ranks among the 50 most expensive municipalities in Spain (position 39 of 748).
Rent price evolution
Estimated monthly rent in Getxo (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
24.626€
per year · INE Atlas
Average household income
61.310€
per year
Rent-to-income ratio
48.2%
of per capita income
Average gross salary
35.170€
per year · País Vasco
Rent-to-salary ratio
33.7%
of annual gross salary
The national average effort is 55.4% of per capita income. Getxo is 7 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
7.2%
of estimated active population
Registered unemployed
2,691
people
Annual change
-2.8%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Getxo?
With rent at €989/month, the recommended salary (30% rule) is €61,500 gross/year.
Recommended salary
61,500€
gross / year
Rent
989€
/ month
Real avg income
24,626€
net / year
Enter your gross annual salary to see what rent in Getxo means for your budget.
What would a mortgage cost in Getxo?
For a €200,000 property (estimated from current rent), the monthly payment would be €801 over 25 years at 3.5%. You need €60,000 for the down payment and costs (20% + 10%). Based on average incomes in Getxo, saving that amount would take around 3.3 years.
What does it cost to live in Getxo?
Rent is €989/month. With average food, transport and utilities, the estimated cost of living is €1,759/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 | 1022.550 | 1023€ |
| 2023 | 942.740 | 943€ |
| 2022 | 886.750 | 887€ |
| 2021 | 871.990 | 872€ |
| 2020 | 853.010 | 853€ |
| 2019 | 868.170 | 868€ |
| 2018 | 825.430 | 825€ |
| 2017 | 807.130 | 807€ |
| 2016 | 789.550 | 790€ |
Frequently asked questions
How much does it cost to rent in Getxo?
The estimated rent in Getxo is €989/month in 2024, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Getxo?
Rent in Getxo has risen by 4.9% compared to the previous year, per the INE IPVA index.
Is Getxo expensive to rent compared to the national average?
Yes, rent in Getxo (€989/month) is 53% above the national average (€648/month).
How much do you need to earn to live in Getxo?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €40000 net per year to live in Getxo with a rent of €989/month.
What would a mortgage cost in Getxo?
For an estimated property price of €200,000 in Getxo (based on current rent of €989/month), the monthly mortgage payment would be €801 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €60,000 (20% down + ~10% costs).
Vizcaya province
View all municipalities and compare prices
Other municipalities in Vizcaya
Municipalities with similar rent
Municipalities in Spain with a similar rent to Getxo (±10%)
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Municipalities in País Vasco with lower rent than Getxo
Want to compare Getxo with another municipality?
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: 48044