Rent price in Santurtzi

Vizcaya · País Vasco

Estimated rent · IPVA 2024

723.5per month
+2.9% year-on-yearPricier than 76% of Spainvs Spain: +75.5€ · avg €648

Net income

16.8k€

per capita/yr

Unemployment

12.7%

SEPE

Population

46,442

residents

View methodology →

In 2024, the estimated rent in Santurtzi is €723.5/month (INE IPVA index), a +2.9% annual change and 21.6% higher than in 2016. Estimated provincial average in Vizcaya: €747/month.

National market context

National rank

#184

out of 753 municipalities

vs País Vasco

-5.5

region avg: €729

Trend vs Spain

+0.6%

avg: 2.3%

Trend vs region

+0.6%

region avg: €2.3

Santurtzi ranks 184 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 Santurtzi (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

16.823

per year · INE Atlas

Average household income

38.832

per year

Rent-to-income ratio

51.6%

of per capita income

Average gross salary

35.170

per year · País Vasco

Rent-to-salary ratio

24.7%

of annual gross salary

The national average effort is 55.3% of per capita income. Santurtzi is 4 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.

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Registered unemployment

Estimated unemployment rate

12.7%

of estimated active population

Registered unemployed

2,917

people

Annual change

-1.1%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

Climate

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

12.4°6.4°Jan13.8°7°Feb15.2°8°Mar16.9°9.6°Apr19.2°12.1°May21.9°15.4°Jun23.9°17.3°Jul24.8°17.5°Aug23.1°15.6°Sep20.7°13.5°Oct16.1°10.1°Nov14.3°8.3°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2024739.510740
2023703.380703
2022677.220677
2021650.190650
2020654.580655
2019624.560625
2018619.000619
2017600.840601
2016594.990595

Idealista

Rental flats in Santurtzi

External link to Idealista. UrbanStatsLab may earn a commission.

Frequently asked questions

How much does it cost to rent in Santurtzi?

The estimated rent in Santurtzi is €723.5/month in 2024, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Santurtzi?

Rent in Santurtzi has risen by 2.9% compared to the previous year, per the INE IPVA index.

Is Santurtzi expensive to rent compared to the national average?

Yes, rent in Santurtzi (€723.5/month) is 12% above the national average (€648/month).

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

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €29000 net per year to live in Santurtzi with a rent of €723.5/month.

What would a mortgage cost in Santurtzi?

For an estimated property price of €145,000 in Santurtzi (based on current rent of €723.5/month), the monthly mortgage payment would be €581 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €43,500 (20% down + ~10% costs).

Vizcaya province

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Other municipalities in Vizcaya

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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: 48082