Cheapest areas to rent in Bilbao (2024): full ranking
Ibaiondo is the cheapest district to rent in Bilbao, at €10.77/m², 6% below the city average. At the other end, Abando costs €13.70/m². Below is every district, cheapest first, with what a typical flat costs.
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The five cheapest, up close
1. Ibaiondo · €10.77/m² · 2-bedroom ≈ €808
The old town Siete Calles, the multicultural San Francisco and Bilbao La Vieja, and new Miribilla.
Good for: History, bars and nightlife. Watch out for: Some rough streets in San Francisco.
2. Otxarkoaga-Txurdinaga · €11.06/m² · 2-bedroom ≈ €830
Residential neighbourhoods on the eastern hills, from 1960s Otxarkoaga to newer Txurdinaga.
Good for: Lower rents. Watch out for: Further from the centre.
3. Errekalde · €11.21/m² · 2-bedroom ≈ €841
A residential district south of the centre, climbing towards Mount Pagasarri.
Good for: Lower rents. Watch out for: Few metro stations.
4. Begoña · €11.28/m² · 2-bedroom ≈ €846
Dense, lively Santutxu and the Basilica of Begoña above the old town.
Good for: Local shops and good metro. Watch out for: Hilly and dense.
5. Basurto-Zorroza · €11.30/m² · 2-bedroom ≈ €848
Western Bilbao, from the Basurto hospital to the former industrial area of Zorroza.
Good for: Hospital staff and fairer rents. Watch out for: Industrial edges.
All areas, cheapest first
| # | District | Rent €/m² | vs. average |
|---|---|---|---|
| 1 | Ibaiondo | €10.77 | −6% |
| 2 | Otxarkoaga-Txurdinaga | €11.06 | −4% |
| 3 | Errekalde | €11.21 | −3% |
| 4 | Begoña | €11.28 | −2% |
| 5 | Basurto-Zorroza | €11.30 | −2% |
| 6 | Uribarri | €11.34 | −1% |
| 7 | Deusto | €11.43 | −1% |
| 8 | Abando | €13.70 | +19% |
These are official figures for rents tenants actually pay. New listings usually ask more, especially in popular areas. Source: Ministerio de Vivienda y Agenda Urbana – SERPAVI (datos tributarios) (2024).