Rent price in Hernani
Gipuzkoa · País Vasco
Estimated rent · IPVA 2024
Net income
17.9k€
per capita/yr
Unemployment
7.5%
SEPE
Population
20,375
residents
Rent in Hernani stands at €741.1/month in 2024 per the INE IPVA, a +1.6% year-on-year change. Since 2016 prices have risen 24.3%, placing it €16.100000000000023 above the Gipuzkoa provincial average (€725/month).
National market context
National rank
#177
out of 753 municipalities
vs País Vasco
+12.100000000000023€
region avg: €729
Trend vs Spain
-0.7%
avg: 2.3%
Trend vs region
-0.7%
region avg: €2.3
Hernani ranks 177 out of 753 municipalities in the INE rent price index. It is close to the País Vasco average (€729/month).
Rent price evolution
Estimated monthly rent in Hernani (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
17.859€
per year · INE Atlas
Average household income
40.580€
per year
Rent-to-income ratio
49.8%
of per capita income
Average gross salary
35.170€
per year · País Vasco
Rent-to-salary ratio
25.3%
of annual gross salary
The national average effort is 55.3% of per capita income. Hernani is 6 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.
What would it cost to live in Hernani?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
7.5%
of estimated active population
Registered unemployed
759
people
Annual change
-1.7%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
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 | 740.460 | 740€ |
| 2023 | 729.470 | 729€ |
| 2022 | 699.920 | 700€ |
| 2021 | 666.370 | 666€ |
| 2020 | 661.080 | 661€ |
| 2019 | 654.090 | 654€ |
| 2018 | 626.530 | 627€ |
| 2017 | 608.280 | 608€ |
| 2016 | 595.900 | 596€ |
Idealista
Rental flats in Hernani →
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Frequently asked questions
How much does it cost to rent in Hernani?
The estimated rent in Hernani is €741.1/month in 2024, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Hernani?
Rent in Hernani has risen by 1.6% compared to the previous year, per the INE IPVA index.
Is Hernani expensive to rent compared to the national average?
Yes, rent in Hernani (€741.1/month) is 14% above the national average (€648/month).
How much do you need to earn to live in Hernani?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €30000 net per year to live in Hernani with a rent of €741.1/month.
What would a mortgage cost in Hernani?
For an estimated property price of €150,000 in Hernani (based on current rent of €741.1/month), the monthly mortgage payment would be €601 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €45,000 (20% down + ~10% costs).
Gipuzkoa province
View all municipalities and compare prices
Other municipalities in Gipuzkoa
Municipalities with similar rent
Municipalities in Spain with a similar rent to Hernani (±10%)
More affordable options in País Vasco
Municipalities in País Vasco with lower rent than Hernani
Want to compare Hernani 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: 20040