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Neighborhood by neighborhood, how much does it cost to rent a one-bedroom in CABA - Infobae
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Barrio por barrio, cuánto cuesta alquilar un dos ambientes en CABA
Tras la derogación de la Ley de Alquileres mediante el DNU, se percibe una mejora gradual en la oferta en la ciudad. Sin embargo, los precios continúan siendo muy elevados y nada baja de $273.000 promedio al mes
www.infobae.com
January 10, 2024
After the repeal of the Rental Law through the DNU, a gradual improvement in the offer in the city is perceived. However, prices continue to be very high and nothing falls below $273,000 average per month
By José Luis Cieri
Some opt for temporary rentals and others in pesos, depending on what is convenient. University students usually share expenses to maintain housing close to their place of study (Photo: Unsplash)
After the repeal of the Rental Law through the Decree of Necessity and Urgency (DNU) of President Javier Milei , a gradual improvement in supply is observed. In the City of Buenos Aires, rental costs for one-bedroom apartments experienced a sustained increase, reaching a year-on-year increase of 260% until December .
Despite the growing presence of supply in previously scarce neighborhoods, such as Parque Chas or Villa Ortúzar, average values continue to be high, without falling below $273,000 per month.
One-bedroom apartments are among the most in demand for both purchase and rental. At this point, the university students who come to CABA to study starting next month are currently consulting and motoring operations.
In the case of rentals in pesos, those apartments with a balcony or exterior connection are prioritized. For rentals in dollars, it is sought that they have the necessary equipment and good connectivity to facilitate studying or working from home.
Given the growing demand for housing, both parents and students, coming mainly from the interior and to a lesser extent from abroad, chose to reach agreements related to properties available in the temporary rental market, which are paid in dollars.
“Some are decided by direct agreements between owners and tenants. On several occasions, friends or people who meet through social networks share the maintenance costs of a two-room apartment and choose to rent in strategic areas such as Palermo, Belgrano, Recoleta, San Telmo or Macrocentro. This choice is based on proximity to universities and subway stations, thus facilitating access to their places of study,” Mariana Lucángeli , a Real Estate expert, explained to Infobae.
Since the implementation of the DNU, rental agreements have emerged with durations of twelve months or up to two years, with quarterly or four-monthly adjustments based on the Consumer Price Index or the Lease Contract Index (ICL).
Currently, Palermo in units of 50 square meters leads the quotes with $491,737 per month. While Liniers is the most affordable neighborhood for $273,253 per month.
Experts indicate that currently owners with available properties are willing to give up the rental value. “This is because they now have the possibility of negotiating the remaining contractual conditions according to their particular interests, without being subject to the guidelines established by the previous law. As the term of the contract and adjustment method,” Lucángeli said.
Expenses in neighborhoods like Palermo or Recoleta exceed $55,000 per month, it is another expense that must be considered because they have also been rising very strongly.
On specialized portals, there are around 6,900 properties, approximately 50% of them in dollars. 8 days ago there were 5,200.
Versatility
Jorge Toselli, from JT Inmobiliaria, highlighted that “living in a two-room space is versatile, adapting to both one person and two, depending on the economic situation and individual preferences. In terms of costs, although there are some differences, they are not significant, especially in terms of taxes such as expenses, ABL, AySA, among others. The equality of costs makes it attractive, being a preference over single-room apartments.”In the Barrio Norte/Recoleta area, the rent for a one-bedroom apartment is around $250,000, varying depending on the age and condition of the property. One that is 5/8 years old and has services such as amenities can reach $380,000 per month. For those 35 years or older, the price is between $250,000 and $260,000, depending on proximity to services such as the subway and other means of transportation.
Another detail to keep in mind are the expenses that have been increasing strongly and currently in Palermo, Recoleta, Almagro, Caballito, Belgrano, among other listed neighborhoods, they exceed $55,000 per month.
“The preference for residential or commercial areas is subjective and common among visitors from the interior, especially those who attend faculties in the area between Coronel Díaz, Pueyrredón, Córdoba and Las Heras avenues, which is the most in demand. Although there is currently availability and affordable prices, a greater supply is expected in the near future, except for the current particular period,” said Toselli.
Quotes
The average monthly rental prices for properties with one-bedroom, 50 m2 and in pesos in CABA according to Zonaprop are published below:Palermo: $491,737.
Belgrano: $487,654.
Nuñez: $477,163.
Chacarita: $475,151.
Retiro: $458,284.
Recoleta: $450,766.
Coleagiales: $446,072.
Saavedra: $436,812.
Coghlan: $425,754.
Villa Urquiza: $420,953.
Villa Ortuzar: $393,249.
San Telmo: $391,413.
Parque Chas: $384,767.
Villa Crespo: $382,801.
Villa Devoto: $375,432.
Caballito: $372,632.
Chacabuco Park: $369,992.
Montserrat: $369,987.
Almagro: $368,342.
Villa Luro: $361,754.
Villa del Parque: $342,108.
Villa Pueyrredón: $340,620
Villa General Mitre: $340,587.
Flores: $339,392.
Boedo: $330,984.
San Nicolás: $328,493.
San Cristóbal: $325,766.
Balvanera: $315,821.
Constitucion: $309,635.
Barracas: $296,847.
Santa Rita: $290,660.
Floresta: $288,139.
Monte Castro: $284,809.
Liniers: $273,253.
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