The Limited Times

Now you can see non-English news...

Rentals: prices accumulate in the year a rise of 14% in the City


Only in March the rise was almost 5%, ahead of inflation. Which neighborhoods went up the most.

04/07/2021 10:06

  • Clarí

  • Economy

Updated 04/07/2021 10:18

Despite the quiet dollar, the rise in the price of Buenos Aires rents does not stop.

In March they increased 4.9% against February and

accumulate 14% so far this year

above inflation, according to a study carried out by the property portal Zonaprop in the City of Buenos Aires.

If the last twelve months are taken to March,

the rise in rental values ​​was 67.4%


Used apartments, with 67.6%, and large apartments with three rooms or more (73%) led the increases.

On the other hand, brand new units were below the average, with 48.3%, indicates the work.

How much does a rental cost in CABA?

An average apartment with two rooms and 50 m2

costs 34,985 pesos per month

, a growth of 4.9% compared to the previous month.

For its part, a unit with three rooms and 70 m2 is rented for 48,456 pesos per month.


brand new unit

in the City rents for an average of 36,843 pesos per month.

On the other hand, the rental value of a used apartment is 34,518 pesos per month.


large apartment, with three rooms

or more, represents the highest rental price of this group,

with a monthly figure of 50,879 pesos.

Rentals by neighborhood

Puerto Madero is the most expensive neighborhood, with an average value of 71,135 pesos per month, followed by Palermo ($ 41,067) and Núñez ($ 41,032).

In the middle price zone are: Coghlan ($ 36,472), Villa Ortúzar ($ 34,379 per month), Almagro ($ 33,777), Santa Rita ($ 32,367) and La Boca ($ 30,603).

The neighborhoods with the cheapest rents are Monserrat ($ 29,833), Vélez Sarsfield ($ 29,432) and, finally, Liniers ($ 28,285).

In the City of Buenos Aires,

all neighborhoods register an increase in the interannual value of more than 50%



Villa Del Parque is the neighborhood with the highest year-on-year price increase

(87.0%), followed by Monte Castro (86.2%) and Parque Chacabuco (85.2%).

The neighborhoods that had the

lowest annual price


are: San Telmo (56.6%), Recoleta (55.4%) and San Nicolás (50.9%).

Sale prices fall

In the buying and selling market,

the prices of the units for sale accumulate a decrease of 0.7% in 2021

and of 9.8% from the maximum of the series, in April 2019.

The average price of a unit in the City of Buenos Aires is located at 2,525 dollars / m2, it did not change compared to the values ​​of the previous month.

A 50 m2 two-room apartment costs $ 131,673, while a 70 m2 three-room apartment costs $ 186,832.

A brand new apartment is worth 2,703 dollars / m2 and a used unit, 2,454 dollars / m2.

Brand-new units are those that registered the greatest decrease during 2021


On the other hand, the prices of the

well units represent the segment with the smallest drop

so far this year (-0.2%).

Currently, the average price for this type of investment is $ 2,590 / m2.


Look also

Rentals: The Tricks Landlords and Tenants Use to Sign a Lease and Skip the New Law

Tenant evictions: point by point, what does the protocol contemplate and who will attend

Source: clarin

All business articles on 2021-04-07

You may like

Business 2020-12-15T19:13:40.571Z

Trends 24h

Business 2021-04-14T19:05:00.019Z


© Communities 2019 - Privacy