Rent price in Leioa

Vizcaya · País Vasco

Estimated rent · IPVA 2024

888.6per month
+1.1% year-on-yearTop 10% most expensive in Spainvs Spain: +240.60000000000002€ · avg €648

Net income

19.4k€

per capita/yr

Unemployment

8.2%

SEPE

Population

32,748

residents

View methodology →

Rent in Leioa stands at €888.6/month in 2024 per the INE IPVA, a +1.1% year-on-year change. Since 2016 prices have risen 23.4%, placing it €141.60000000000002 above the Vizcaya provincial average (€747/month).

Idealista

Rental flats in Leioa

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National market context

National rank

#72

out of 748 municipalities

vs País Vasco

+159.60000000000002

region avg: €729

Trend vs Spain

-1.2%

avg: 2.3%

Trend vs region

-1.2%

region avg: €2.3

Leioa ranks 72 out of 748 municipalities in the INE rent price index. It is 22% above the País Vasco average (€729/month).

Rent price evolution

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

Income and housing effort

Net income per capita

19.444

per year · INE Atlas

Average household income

48.812

per year

Rent-to-income ratio

54.8%

of per capita income

Average gross salary

35.170

per year · País Vasco

Rent-to-salary ratio

30.3%

of annual gross salary

The national average effort is 55.4% of per capita income. Leioa is 1 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

8.2%

of estimated active population

Registered unemployed

1,319

people

Annual change

-7.6%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

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

With rent at €888.6/month, the recommended salary (30% rule) is €55,000 gross/year.

Recommended salary

55,000

gross / year

Rent

888.6

/ month

Real avg income

19,444

net / year

€ gross / year

Enter your gross annual salary to see what rent in Leioa means for your budget.

What would a mortgage cost in Leioa?

For a €180,000 property (estimated from current rent), the monthly payment would be €721 over 25 years at 3.5%. You need €54,000 for the down payment and costs (20% + 10%). Based on average incomes in Leioa, saving that amount would take around 3.7 years.

What does it cost to live in Leioa?

Rent is €888.6/month. With average food, transport and utilities, the estimated cost of living is €1,658.6/month. Adjust each category to your situation.

🏠 Rent888.6
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,658.6
Avg net income: €1,620/month-38.6 margin

Estimated expenses based on national averages. Adjust to your lifestyle.

Climate

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

11.8°5.9°Jan13.3°6.5°Feb14.7°7.5°Mar16.4°9.1°Apr18.7°11.6°May21.4°14.9°Jun23.4°16.7°Jul24.2°17°Aug22.5°15.1°Sep20.2°13°Oct15.6°9.6°Nov13.8°7.8°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2024916.810917
2023878.860879
2022803.770804
2021780.910781
2020792.940793
2019755.730756
2018752.500753
2017734.100734
2016719.860720

Frequently asked questions

How much does it cost to rent in Leioa?

The estimated rent in Leioa is €888.6/month in 2024, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Leioa?

Rent in Leioa has risen by 1.1% compared to the previous year, per the INE IPVA index.

Is Leioa expensive to rent compared to the national average?

Yes, rent in Leioa (€888.6/month) is 37% above the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €36000 net per year to live in Leioa with a rent of €888.6/month.

What would a mortgage cost in Leioa?

For an estimated property price of €180,000 in Leioa (based on current rent of €888.6/month), the monthly mortgage payment would be €721 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €54,000 (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 Leioa (±10%)

More affordable options in País Vasco

Municipalities in País Vasco with lower rent than Leioa

Want to compare Leioa with another municipality?

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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: 48054