Explore, connect, thrive in
the expat community

Expat Life: Local Discoveries, Global Connections

Apartment Rental Rentals in CABA: How much does a studio apartment cost per month - La Nacion Propiedades

BuySellBA

Administrator

Rentals in CABA: How much does a studio apartment cost per month - La Nacion Propiedades​





rs=w:1280



Source:





May 25, 2024


Apartment rental prices in CABA increased by 1.9% in April


rs=w:1280


Rents in April increased 1.9% compared to the previous month

Rents in the city of Buenos Aires continue to increase and it is characterized by being the area of the Buenos Aires Metropolitan Area (AMBA) with the greatest search for studio apartments to rent. Apartment rental prices in CABA suffered an increase of 1.9% in April , marking a strong deceleration for the third consecutive month (1.3% in March and 2.9% in February), after the increase of 18.6%, 21% in December and January respectively, according to the latest Zonaprop report .

In this way, we can see how new publications registered an increase of 234.7% in the last 12 months, and are advancing below inflation, which was 287.9% year-on-year (taking the month of March), but above the adjustment of the Lease Contract Index (ICL) which was 217.1%. In numbers, a one-bedroom apartment of 40 m² in the city of Buenos Aires rents on average for $375,831.

Since the repeal of the rental law passed in 2020, and its subsequent update in October 2023, on December 29 of last year when the DNU signed by Javier Milei came into force, the offer of apartments intended for Income grew significantly: it grew 14.1% in April, compared to the previous month.



rs=w:1280


The average rent for a studio apartment this month is $375,831

The most expensive and cheapest neighborhoods to rent in CABA​

Depending on the area in which the properties are located, prices vary. The real estate portal reveals the average monthly prices of one-bedroom apartments in the different neighborhoods of the city:

The neighborhoods with the most expensive studio apartments per month

  • Palermo: $430,500
  • Schoolchildren: $421,900
  • Recoleta: $411,800



rs=w:1280


Palermo is the most expensive neighborhood to rent a studio apartment


The neighborhoods with the cheapest atmosphere per month​


  • Slaughterhouses: $305,300
  • Liniers: $305,500
  • La Boca: $307,900

Intermediate prices for renting a studio apartment per month​


  • Saavedra: $377,200
  • Chas Park: $373,500
  • Almagro: $373,300
  • Villa Pueyrredon: $372,700
  • Villa Ortuzar: $367,700



rs=w:1280


The supply of apartments for rent increased significantly after the repeal of the law

For its part, regarding the year-on-year increase, the neighborhoods that showed the greatest increase in the last 12 months are Agronomía and Paternal , with 306% and 278.6% respectively .

While on the opposite side , there are Boedo, San Cristóbal and Parque Chas . In this case, rents grew 179.6%, 194.3% and 197.7% respectively.



https://buysellba.com/news-/-media/f/rentals-in-caba-how-much-does-a-studio-apartment-cost-per-month
www.buysellba.com
 
Back
Top