Rent price in Miranda de Ebro

Burgos · Castilla y León

Estimated rent · IPVA 2023

495per month
+2.4% year-on-yearCheaper than 86% of Spainvs Spain: -153€ · avg €648

Net income

15.3k€

per capita/yr

Unemployment

8.7%

SEPE

Population

36,622

residents

View methodology →

In 2023, the estimated rent in Miranda de Ebro is €495/month (INE IPVA index), a +2.4% annual change and 6.7% higher than in 2020. Estimated provincial average in Burgos: €498/month.

Idealista

Rental flats in Miranda de Ebro

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National market context

National rank

#642

out of 748 municipalities

vs Castilla y León

+24

region avg: €471

Trend vs Spain

+0.1%

avg: 2.3%

Trend vs region

+0.5%

region avg: €1.9

Miranda de Ebro ranks 642 out of 748 municipalities in the INE rent price index. It is close to the Castilla y León average (€471/month).

Rent price evolution

Estimated monthly rent in Miranda de Ebro (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

15.262

per year · INE Atlas

Average household income

35.580

per year

Rent-to-income ratio

38.9%

of per capita income

Average gross salary

26.177

per year · Castilla y León

Rent-to-salary ratio

22.7%

of annual gross salary

The national average effort is 55.4% of per capita income. Miranda de Ebro is 17 points below that average.

Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Castilla y León average.

Registered unemployment

Estimated unemployment rate

8.7%

of estimated active population

Registered unemployed

1,407

people

Annual change

-12%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

How much do you need to earn to live in Miranda de Ebro?

With rent at €495/month, the recommended salary (30% rule) is €28,000 gross/year.

Recommended salary

28,000

gross / year

Rent

495

/ month

Real avg income

15,262

net / year

€ gross / year

Enter your gross annual salary to see what rent in Miranda de Ebro means for your budget.

What would a mortgage cost in Miranda de Ebro?

For a €100,000 property (estimated from current rent), the monthly payment would be €400 over 25 years at 3.5%. You need €30,000 for the down payment and costs (20% + 10%). Based on average incomes in Miranda de Ebro, saving that amount would take around 2.8 years.

What does it cost to live in Miranda de Ebro?

Rent is €495/month. With average food, transport and utilities, the estimated cost of living is €1,265/month. Adjust each category to your situation.

🏠 Rent495
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,265
Avg net income: €1,272/month+7 margin

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

Climate

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

9.1°1.4°Jan11°2.1°Feb13.3°3.8°Mar15.9°5.6°Apr19.7°8.7°May24.1°12.6°Jun27.6°14.6°Jul28.2°14.8°Aug23.6°12.4°Sep19.7°9.5°Oct13.3°5.4°Nov10.7°3.1°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023112.601495
2022109.982484
2021107.587473
2020105.442464

Frequently asked questions

How much does it cost to rent in Miranda de Ebro?

The estimated rent in Miranda de Ebro is €495/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Miranda de Ebro?

Rent in Miranda de Ebro has risen by 2.4% compared to the previous year, per the INE IPVA index.

Is Miranda de Ebro expensive to rent compared to the national average?

No, rent in Miranda de Ebro (€495/month) is 24% below the national average (€648/month).

How much do you need to earn to live in Miranda de Ebro?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €20000 net per year to live in Miranda de Ebro with a rent of €495/month.

What would a mortgage cost in Miranda de Ebro?

For an estimated property price of €100,000 in Miranda de Ebro (based on current rent of €495/month), the monthly mortgage payment would be €400 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €30,000 (20% down + ~10% costs).

Burgos province

View all municipalities and compare prices

Other municipalities in Burgos

Municipalities with similar rent

Municipalities in Spain with a similar rent to Miranda de Ebro (±10%)

More affordable options in Castilla y León

Municipalities in Castilla y León with lower rent than Miranda de Ebro

Want to compare Miranda de Ebro 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: INE IPVA base 2015=100 · INE code: 09219