Rent price in Laudio/Llodio
Álava · País Vasco
Estimated rent · IPVA 2024
Net income
17.3k€
per capita/yr
Unemployment
11.9%
SEPE
Population
18,077
residents
Rent in Laudio/Llodio stands at €604.9/month in 2024 per the INE IPVA, a +2.1% year-on-year change. Since 2016 prices have risen 21.2%, placing it €43.10000000000002 below the Álava provincial average (€648/month).
National market context
National rank
#383
out of 753 municipalities
vs País Vasco
-124.10000000000002€
region avg: €729
Trend vs Spain
-0.2%
avg: 2.3%
Trend vs region
-0.2%
region avg: €2.3
Laudio/Llodio ranks 383 out of 753 municipalities in the INE rent price index. It is 17% below the País Vasco average (€729/month).
Rent price evolution
Estimated monthly rent in Laudio/Llodio (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
17.265€
per year · INE Atlas
Average household income
39.586€
per year
Rent-to-income ratio
42%
of per capita income
Average gross salary
35.170€
per year · País Vasco
Rent-to-salary ratio
20.6%
of annual gross salary
The national average effort is 55.3% of per capita income. Laudio/Llodio 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.
What would it cost to live in Laudio/Llodio?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
11.9%
of estimated active population
Registered unemployed
1,059
people
Annual change
-2.7%
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 | 618.570 | 619€ |
| 2023 | 592.520 | 593€ |
| 2022 | 573.520 | 574€ |
| 2021 | 544.970 | 545€ |
| 2020 | 537.130 | 537€ |
| 2019 | 528.630 | 529€ |
| 2018 | 509.410 | 509€ |
| 2017 | 508.930 | 509€ |
| 2016 | 499.050 | 499€ |
Idealista
Rental flats in Laudio/Llodio →
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Frequently asked questions
How much does it cost to rent in Laudio/Llodio?
The estimated rent in Laudio/Llodio is €604.9/month in 2024, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Laudio/Llodio?
Rent in Laudio/Llodio has risen by 2.1% compared to the previous year, per the INE IPVA index.
Is Laudio/Llodio expensive to rent compared to the national average?
No, rent in Laudio/Llodio (€604.9/month) is 7% below the national average (€648/month).
How much do you need to earn to live in Laudio/Llodio?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €24000 net per year to live in Laudio/Llodio with a rent of €604.9/month.
What would a mortgage cost in Laudio/Llodio?
For an estimated property price of €120,000 in Laudio/Llodio (based on current rent of €604.9/month), the monthly mortgage payment would be €481 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €36,000 (20% down + ~10% costs).
Álava province
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Other municipalities in Álava
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Municipalities in Spain with a similar rent to Laudio/Llodio (±10%)
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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: 01036