Short answer: in 2024, the median rent of a flat in Balmaseda was €573 a month (7.53 €/m², median size 74 m²). Half of the rented flats paid between €515 and €630. The figure comes from 260 rented homes declared in income tax returns.
Rent only, no yield. The Ministry of Housing only publishes the average appraisal value for municipalities with more than 25,000 inhabitants, and Balmaseda does not have one. As we do not use listing prices from property portals, we do not calculate a gross yield here: enter the price of the flat you are looking at in the rental yield calculator.
Work out the yield with this rent
Small sample. With 260 declared rented homes, the median can move a lot from one year to the next.
Median rent and rent range
| 2024 | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Rent per month | €515 | €573 | €630 |
| Rent per m² per month | €6.61 | €7.53 | €8.58 |
| 60 m² flat (estimate) | €397 | €452 | €515 |
| 80 m² flat (estimate) | €529 | €602 | €686 |
| 100 m² flat (estimate) | €661 | €753 | €858 |
Source: SERPAVI (Spanish State Rental Price Reference System), Ministry of Housing and Urban Agenda (MIVAU), using personal income tax (IRPF) returns and the Cadastre: database 2011-2024 (file «2026-03_09_bd_SERPAVI_2011-2024 - DEFINITIVO WEB_v2»), “Municipios” sheet, apartments in multi-family buildings (vivienda colectiva), municipality level, year 2024, published on 16 April 2026. Homes analysed: 260. The rows by size are a Ladrillómetro calculation (€/m² × size), not a published figure; monthly-rent and per-m² percentiles are computed separately, so they need not refer to the same flats.
| Area | Rent €/m² (2024) | Rent per month |
|---|---|---|
| Balmaseda | 7.53 | €573 |
| Median of Bizkaia (49 municipalities) | 8.59 | €650 |
| Median of Basque Country (106 municipalities) | 8.30 | €622 |
| Median of Spain (1,658 municipalities) | 5.81 | €450 |
Medians calculated by Ladrillómetro over the municipalities with at least 50 rented apartments in SERPAVI 2024 (not the official figure for the whole province or region).
Other municipalities in Bizkaia: Bilbao (11.51 €/m², with yield) · Barakaldo (10.47 €/m², with yield) · Getxo (11.34 €/m², with yield) · Santurtzi (10.05 €/m², with yield) · Basauri (9.65 €/m², with yield) · Portugalete (10.16 €/m², with yield) · Durango (8.71 €/m², with yield) · Leioa (10.65 €/m², with yield) · Sestao (9.75 €/m², with yield) · Galdakao (8.59 €/m², with yield) · Mungia (8.38 €/m²) · Erandio (10.10 €/m²) · Bermeo (6.82 €/m²) · Gernika-Lumo (7.09 €/m²) · Amorebieta-Etxano (8.02 €/m²) · Sopela (10.37 €/m²) · Ermua (8.12 €/m²) · Arrigorriaga (8.24 €/m²) · Etxebarri (9.50 €/m²) · Valle de Trápaga-Trapagaran (8.79 €/m²) · Zalla (7.50 €/m²) · Gorliz (8.94 €/m²) · Ondarroa (7.07 €/m²) · Elorrio (6.98 €/m²) · Abadiño (7.44 €/m²) · Derio (9.07 €/m²) · Güeñes (7.95 €/m²) · Urduliz (10.19 €/m²) · Berango (10.66 €/m²) · Igorre (6.38 €/m²) · Markina-Xemein (6.38 €/m²) · Abanto y Ciérvana-Abanto Zierbena (8.96 €/m²) · Ortuella (8.95 €/m²) · Lekeitio (7.41 €/m²) · Lemoa (7.56 €/m²) · Ugao-Miraballes (8.14 €/m²) · Urduña/Orduña (6.25 €/m²) · Muskiz (7.96 €/m²) · Sondika (9.18 €/m²) · Zamudio (9.07 €/m²)