Rent price in Valle de Trapaga-Trapagaran

Vizcaya · País Vasco

Estimated rent · IPVA 2024

689.3per month
+7% year-on-yearPricier than 70% of Spainvs Spain: +41.299999999999955€ · avg €648

Net income

16.8k€

per capita/yr

Unemployment

10.6%

SEPE

Population

11,797

residents

View methodology →

Rent in Valle de Trapaga-Trapagaran stands at €689.3/month in 2024 per the INE IPVA, a +7% year-on-year change. Since 2016 prices have risen 21.6%, placing it €57.700000000000045 below the Vizcaya provincial average (€747/month).

Idealista

Rental flats in Valle de Trapaga-Trapagaran

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National market context

National rank

#224

out of 748 municipalities

vs País Vasco

-39.700000000000045

region avg: €729

Trend vs Spain

+4.7%

avg: 2.3%

Trend vs region

+4.7%

region avg: €2.3

Valle de Trapaga-Trapagaran ranks 224 out of 748 municipalities in the INE rent price index. It is close to the País Vasco average (€729/month).

Rent price evolution

Estimated monthly rent in Valle de Trapaga-Trapagaran (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

16.791

per year · INE Atlas

Average household income

39.042

per year

Rent-to-income ratio

49.3%

of per capita income

Average gross salary

35.170

per year · País Vasco

Rent-to-salary ratio

23.5%

of annual gross salary

The national average effort is 55.4% of per capita income. Valle de Trapaga-Trapagaran 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.

Registered unemployment

Estimated unemployment rate

10.6%

of estimated active population

Registered unemployed

615

people

Annual change

+0.5%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

How much do you need to earn to live in Valle de Trapaga-Trapagaran?

With rent at €689.3/month, the recommended salary (30% rule) is €40,500 gross/year.

Recommended salary

40,500

gross / year

Rent

689.3

/ month

Real avg income

16,791

net / year

€ gross / year

Enter your gross annual salary to see what rent in Valle de Trapaga-Trapagaran means for your budget.

What would a mortgage cost in Valle de Trapaga-Trapagaran?

For a €140,000 property (estimated from current rent), the monthly payment would be €561 over 25 years at 3.5%. You need €42,000 for the down payment and costs (20% + 10%). Based on average incomes in Valle de Trapaga-Trapagaran, saving that amount would take around 3.6 years.

What does it cost to live in Valle de Trapaga-Trapagaran?

Rent is €689.3/month. With average food, transport and utilities, the estimated cost of living is €1,459.3/month. Adjust each category to your situation.

🏠 Rent689.3
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,459.3
Avg net income: €1,399/month-60.3 margin

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

Climate

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

12.1°6.1°Jan13.5°6.7°Feb14.9°7.7°Mar16.6°9.3°Apr18.9°11.8°May21.7°15.1°Jun23.6°17°Jul24.5°17.2°Aug22.8°15.4°Sep20.4°13.2°Oct15.8°9.8°Nov14°8°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2024681.630682
2023644.440644
2022645.870646
2021618.260618
2020612.290612
2019585.580586
2018572.320572
2017559.240559
2016566.970567

Frequently asked questions

How much does it cost to rent in Valle de Trapaga-Trapagaran?

The estimated rent in Valle de Trapaga-Trapagaran is €689.3/month in 2024, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Valle de Trapaga-Trapagaran?

Rent in Valle de Trapaga-Trapagaran has risen by 7% compared to the previous year, per the INE IPVA index.

Is Valle de Trapaga-Trapagaran expensive to rent compared to the national average?

Yes, rent in Valle de Trapaga-Trapagaran (€689.3/month) is 6% above the national average (€648/month).

How much do you need to earn to live in Valle de Trapaga-Trapagaran?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €28000 net per year to live in Valle de Trapaga-Trapagaran with a rent of €689.3/month.

What would a mortgage cost in Valle de Trapaga-Trapagaran?

For an estimated property price of €140,000 in Valle de Trapaga-Trapagaran (based on current rent of €689.3/month), the monthly mortgage payment would be €561 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €42,000 (20% down + ~10% costs).

Vizcaya province

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Other municipalities in Vizcaya

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Municipalities in Spain with a similar rent to Valle de Trapaga-Trapagaran (±10%)

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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: 48080