BuySellBA
Administrator
Rentals: Apartments for less than $500,000 are no longer available in Buenos Aires - Infobae
Source:
www.lanacion.com.ar
March 28, 2025
Apartment listing prices rose 3.1% in March
Rents in Buenos Aires continue to rise above inflation.Fabian Marelli - LA NACION
Rent prices in Buenos Aires continue to rise . So much so that in March , for the first time, the average listing price for a studio apartment exceeded $500,000 per month , demonstrating that prices continue to rise and are doing so above inflation.
According to the latest Zonaprop report for the third month of the year, the average rental price in the city rose 3.1% compared to February and has accumulated a 9.9% increase in the first quarter of 2025, exceeding inflation for the period by more than 2% (estimated to reach 7.2% based on March figures).
Over the past 12 months, rents have increased by 43.2%, a significantly smaller increase than the Lease Contract Index (ICL) , which rose by 124.7 %—the index used to annually adjust rents agreed upon under the previous law.
Furthermore, it is important to clarify that between January and February, cumulative inflation was 4.7%, according to the Consumer Price Index (CPI). In February, the CPI registered a monthly increase of 2.4%, and March inflation is estimated to be slightly higher, reaching 2.5% (according to projections from various private consulting firms). These data demonstrate that rent increases continue to outpace inflation.
Renting an apartment in Buenos Aires City exceeded $500,000.Image Point Fr - Shutterstock
This increase comes amid a contraction in the rental market . After reaching a record number of listings in 2024 (with an increase of nearly 200%) following the repeal of the rental law, the market began to show signs of adjustment .
According to the Buenos Aires Real Estate Association, the number of rental properties has grown since December 2023 , driven by the entry into force of Decree 70/2023. However, in the last two months, supply has fallen by 15.94%, with a drop of 8.65% in February alone .
However, analysts believe this decline is natural and that the real estate market is readjusting , as many units that were rented in January and February were not replaced in the same amount.
In concrete terms, rental prices in the city reached record levels. Currently, the average price for a studio apartment is $509,943 per month . Meanwhile, a one-bedroom apartment rents for $604,905 per month, while a two-bedroom apartment reaches $813,274 per month .
On the other hand , Lugano is the most affordable neighborhood to rent, with an average monthly rent of $435,661 . This is followed by Mataderos , with rents around $515,064 , and Constitución , where the average rent is $519,816 .
The areas with the average values for the city are:
Renting an apartment in Paternal costs an average of $564,027. Gonzalo Colini
Another important factor to consider is the year-over-year price increases . Parque Avellaneda and Nueva Pompeya are the neighborhoods with the highest price increases compared to the previous year, at 69.3% and 68.8% , respectively. In contrast, Puerto Madero is the neighborhood that saw the lowest price increase last year, at 27% .
Lugano and Nueva Pompeya top the list of neighborhoods with the best options for investors seeking rental properties, with a return of 8% each. Parque Avellaneda completes the list , with a return of 7.5% . In contrast, Puerto Madero, Palermo, and Belgrano are the neighborhoods with the lowest returns, with 3.6%, 4.2%, and 4.3% , respectively.
www.buysellba.com
Source:
Alquileres: ya no se consiguen departamentos por menos de $500.000 en CABA
Los precios de publicación de los departamentos subieron un 3,1% en marzo
www.lanacion.com.ar
March 28, 2025
Apartment listing prices rose 3.1% in March
Rents in Buenos Aires continue to rise above inflation.Fabian Marelli - LA NACION
Rent prices in Buenos Aires continue to rise . So much so that in March , for the first time, the average listing price for a studio apartment exceeded $500,000 per month , demonstrating that prices continue to rise and are doing so above inflation.
According to the latest Zonaprop report for the third month of the year, the average rental price in the city rose 3.1% compared to February and has accumulated a 9.9% increase in the first quarter of 2025, exceeding inflation for the period by more than 2% (estimated to reach 7.2% based on March figures).
Over the past 12 months, rents have increased by 43.2%, a significantly smaller increase than the Lease Contract Index (ICL) , which rose by 124.7 %—the index used to annually adjust rents agreed upon under the previous law.
Furthermore, it is important to clarify that between January and February, cumulative inflation was 4.7%, according to the Consumer Price Index (CPI). In February, the CPI registered a monthly increase of 2.4%, and March inflation is estimated to be slightly higher, reaching 2.5% (according to projections from various private consulting firms). These data demonstrate that rent increases continue to outpace inflation.
Renting an apartment in Buenos Aires City exceeded $500,000.Image Point Fr - Shutterstock
This increase comes amid a contraction in the rental market . After reaching a record number of listings in 2024 (with an increase of nearly 200%) following the repeal of the rental law, the market began to show signs of adjustment .
According to the Buenos Aires Real Estate Association, the number of rental properties has grown since December 2023 , driven by the entry into force of Decree 70/2023. However, in the last two months, supply has fallen by 15.94%, with a drop of 8.65% in February alone .
However, analysts believe this decline is natural and that the real estate market is readjusting , as many units that were rented in January and February were not replaced in the same amount.
In concrete terms, rental prices in the city reached record levels. Currently, the average price for a studio apartment is $509,943 per month . Meanwhile, a one-bedroom apartment rents for $604,905 per month, while a two-bedroom apartment reaches $813,274 per month .
The most expensive and cheapest neighborhoods to rent
Puerto Madero continues to lead the ranking of the most expensive neighborhoods to rent, with an average monthly rent of $1,065,853 . It is followed by Núñez , where the average monthly rent is $677,233 , and Palermo , with $671,412 .On the other hand , Lugano is the most affordable neighborhood to rent, with an average monthly rent of $435,661 . This is followed by Mataderos , with rents around $515,064 , and Constitución , where the average rent is $519,816 .
The areas with the average values for the city are:
- Agronomia : $628,580
- Barracas : $597,416
- Villa General Mitre : $579,949
- Paternal : $564,027
Renting an apartment in Paternal costs an average of $564,027. Gonzalo Colini
Another important factor to consider is the year-over-year price increases . Parque Avellaneda and Nueva Pompeya are the neighborhoods with the highest price increases compared to the previous year, at 69.3% and 68.8% , respectively. In contrast, Puerto Madero is the neighborhood that saw the lowest price increase last year, at 27% .
Rising profitability: better options for investors
The rent-to-price ratio is rising to 5.26% annually . Currently, it takes 19 years of renting to repay the initial investment, 11.2% less than what was required a year ago.Lugano and Nueva Pompeya top the list of neighborhoods with the best options for investors seeking rental properties, with a return of 8% each. Parque Avellaneda completes the list , with a return of 7.5% . In contrast, Puerto Madero, Palermo, and Belgrano are the neighborhoods with the lowest returns, with 3.6%, 4.2%, and 4.3% , respectively.
www.buysellba.com
