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Student rentals in CABA, La Plata, Rosario and Córdoba: what options are there and how much they cost - Infobae
Source:
www.infobae.com
February 09, 2025
The real estate market has changed after the elimination of the rental law. The supply has grown and the values vary according to the city. What aspects to evaluate before signing a contract
By Jose Luis Cieri
A student walks through an apartment with the intention of renting it. Some people tend to prioritize that they are furnished (Illustrative Image Infobae)
With the start of the academic year just a few days away, the university rental market in key cities such as Buenos Aires, La Plata, Rosario and Córdoba is showing renewed momentum.
The repeal of the Rental Law allowed landlords to adjust values with greater flexibility and to expand the supply of properties in various types of housing and locations. In this context, student tenants face a more favourable outlook, with the possibility of negotiating contracts adapted to their needs.
In CABA, the most sought-after neighborhoods are Almagro, Palermo, Recoleta, Caballito and Barrio Norte, areas close to universities and with good connectivity and security.
Nicolás Sundblad , a public broker at Re/Max Class, told Infobae that “university students tend to prioritize studios and one-bedroom apartments, depending on their budget and the possibility of sharing expenses with classmates. Currently, prices for these units are between $350,000 and $450,000 per month.”
Jorge Toselli , from JT Inmobiliaria, explained that Decree 760/23 encouraged thousands of owners to return their properties to the traditional 24-month rental market and leave aside the temporary rental modality.
This generated a wide offer in all districts of the city ( the number of apartments for rent grew by around 200% since the repeal of the previous regulations ), which facilitates the search for those who come to study in Buenos Aires.
The increase in supply makes the search easier for those arriving in Buenos Aires (Illustrative Image Infobae)
However, Toselli pointed out that in February the offer tends to reduce in the face of the high demand from students seeking to close agreements to start classes.
Student contracts are usually agreed for 24 months with quarterly adjustments based on the variation of the Consumer Price Index (CPI) of Indec.
Student contracts are usually agreed for 24 months with quarterly adjustments based on the variation of the CPI (Pexels)
Sundblad said: “ Contract terms can be freely agreed between the parties. In the case of students, it is common for them to seek shorter contracts to assess their adaptation to the course and the city. In addition, many prefer furnished units to facilitate their settling in.”
Most owners require real guarantees in CABA, although some accept surety bonds or guarantors from within the country, especially when families demonstrate financial solvency.
Toselli noted that, in certain cases, landlords are willing to negotiate requirements if they perceive that the tenant has a good background and financial backing.
Students prioritize apartments with good Internet connectivity, basic furniture and essential services such as heating and air conditioning, and in the case of one- or two-bedroom units, that at least one of the bedrooms is spacious.
Students prioritize apartments with good Internet connectivity, basic furniture and essential services (Illustrative Image Infobae)
They also value proximity to means of transport, the security of the building and the availability of common spaces or amenities that facilitate coexistence and study.
It is ideal for the property to have a space to study and work remotely (Illustrative Image Infobae)
The most sought-after neighborhoods, such as Palermo, Recoleta and Caballito, maintain higher prices, while emerging areas offer more affordable options.
As for the most sought-after properties, Otegui stressed that the choice depends on the student's budget. The most sought-after properties are those located near universities.
The preferred departments are those close to universities
Regarding prices, the official said that these increased considerably compared to the previous year, even in current contracts that were updated according to agreed indices.
In the capital of the province of Buenos Aires, studio apartments start at $230,000 and one-bedroom apartments range from $300,000 to $420,000, plus expenses. Contracts are usually for two years, except for temporary agreements that are common among foreign students.
“The conditions and terms depend on what is agreed by the parties, and it is common for owners to accept surety bonds as a guarantee. The rental offer in La Plata has expanded significantly, with options managed by both individuals and real estate agencies,” said Otegui.
Regarding early termination, it should be noted that it can be done at any time, and 10% of the future rental value must be paid, that is, what remains of the contract.
Diego Ferreyra , member of the Rosario College of Real Estate Brokers (Cocir) and Diego Ferreyra Real Estate, commented that “the university season increases demand, although this year there was a lower arrival of Brazilian students due to the exchange rate difference. In contrast, students from Córdoba, Entre Ríos and Santa Fe increased their presence in January.”
The important thing is that university housing is functional
The most sought-after units are two- and three-room apartments, although studio apartments are a competitive option for those who prioritize costs. Currently, prices are $180,000 for studio apartments, $250,000 for one-bedroom apartments, and $350,000 for two-bedroom apartments.
Ferreyra said: “Rental values increased below inflation compared to last year. They are around 70% while the accumulated annual inflation in 2024, according to Indec, was 117.8 percent .
Contracts in Rosario are agreed for two years with quarterly, four-monthly or half-yearly adjustments, based on the CPI or the Rental Contract Index (ICL). “The accepted guarantees include surety bonds and pay stubs, in addition to the traditional proprietary guarantees,” Ferreyra said.
Virginia Manzotti , president of the Federal Council of Real Estate Associations of the Country (Cofeci) and of the real estate agency of the same name, highlighted that Córdoba is going through a period of strong demand in neighborhoods such as Nueva Córdoba, Centro, General Paz and Güemes.
Building in Nueva Córdoba, one of the most sought-after areas due to its proximity to different faculties in the Docta
Especially those near the University City of the National University of Córdoba. “In recent months, rental prices have adjusted to the available supply, since many units that were previously rented temporarily have been converted to annual contracts, generating greater availability and price stability,” said Manzotti.
The one-bedroom apartments have prices ranging from $285,000 to $450,000 per month plus expenses, depending on their location and whether they have amenities. Meanwhile, the two-bedroom units with two bathrooms are rented for amounts between $380,000 and $600,000 per month.
Currently, contracts have a duration of two years and adjustments are agreed between the parties on a quarterly, four-monthly or half-yearly basis, based on indices such as the ICL or CPI.
Manzotti concluded: “As for the requirements, two or three pay stubs with acceptable seniority and/or proprietary guarantees combined with pay stubs are requested.”
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Alquileres para estudiantes en CABA, La Plata, Rosario y Córdoba: qué opciones hay y cuánto cuestan
El mercado inmobiliario cambió tras la eliminación de la ley de locaciones. La oferta creció y los valores varían según la ciudad. Qué aspectos evaluar antes de firmar un contrato
www.infobae.com
February 09, 2025
The real estate market has changed after the elimination of the rental law. The supply has grown and the values vary according to the city. What aspects to evaluate before signing a contract
By Jose Luis Cieri
A student walks through an apartment with the intention of renting it. Some people tend to prioritize that they are furnished (Illustrative Image Infobae)
With the start of the academic year just a few days away, the university rental market in key cities such as Buenos Aires, La Plata, Rosario and Córdoba is showing renewed momentum.
The repeal of the Rental Law allowed landlords to adjust values with greater flexibility and to expand the supply of properties in various types of housing and locations. In this context, student tenants face a more favourable outlook, with the possibility of negotiating contracts adapted to their needs.
In CABA, the most sought-after neighborhoods are Almagro, Palermo, Recoleta, Caballito and Barrio Norte, areas close to universities and with good connectivity and security.
Nicolás Sundblad , a public broker at Re/Max Class, told Infobae that “university students tend to prioritize studios and one-bedroom apartments, depending on their budget and the possibility of sharing expenses with classmates. Currently, prices for these units are between $350,000 and $450,000 per month.”
Jorge Toselli , from JT Inmobiliaria, explained that Decree 760/23 encouraged thousands of owners to return their properties to the traditional 24-month rental market and leave aside the temporary rental modality.
This generated a wide offer in all districts of the city ( the number of apartments for rent grew by around 200% since the repeal of the previous regulations ), which facilitates the search for those who come to study in Buenos Aires.
The increase in supply makes the search easier for those arriving in Buenos Aires (Illustrative Image Infobae)
However, Toselli pointed out that in February the offer tends to reduce in the face of the high demand from students seeking to close agreements to start classes.
Profiles and preferences
Demand varies depending on the student's profile. Those who come with their parents tend to focus on apartments with more amenities and located in high-end buildings. In these cases, families prioritize the safety and condition of the property, while independent young people, who come to pursue specializations or postgraduate studies, look for economical and functional options, preferring to allocate part of their budget to recreational activities.Student contracts are usually agreed for 24 months with quarterly adjustments based on the variation of the Consumer Price Index (CPI) of Indec.
Student contracts are usually agreed for 24 months with quarterly adjustments based on the variation of the CPI (Pexels)
Sundblad said: “ Contract terms can be freely agreed between the parties. In the case of students, it is common for them to seek shorter contracts to assess their adaptation to the course and the city. In addition, many prefer furnished units to facilitate their settling in.”
Most owners require real guarantees in CABA, although some accept surety bonds or guarantors from within the country, especially when families demonstrate financial solvency.
Toselli noted that, in certain cases, landlords are willing to negotiate requirements if they perceive that the tenant has a good background and financial backing.
Students prioritize apartments with good Internet connectivity, basic furniture and essential services such as heating and air conditioning, and in the case of one- or two-bedroom units, that at least one of the bedrooms is spacious.
Students prioritize apartments with good Internet connectivity, basic furniture and essential services (Illustrative Image Infobae)
They also value proximity to means of transport, the security of the building and the availability of common spaces or amenities that facilitate coexistence and study.
Impact of the renewed market
According to Jorge Toselli, “one- and two-room units experienced increases of 30% compared to the previous year , while larger apartments registered smaller increases, around 25 percent.”
It is ideal for the property to have a space to study and work remotely (Illustrative Image Infobae)
The most sought-after neighborhoods, such as Palermo, Recoleta and Caballito, maintain higher prices, while emerging areas offer more affordable options.
Key Recommendations
Market experts suggest that students consider several factors before renting. Some of the most important aspects include:- Evaluate the proximity to the university and the transportation options available.
- Prioritize safe neighborhoods with essential services nearby.
- Verify that the contract conditions are clear, including deadlines, adjustments and warranty requirements.
La Plata: a key destination for students
Lucía Otegui , from the eponymous law firm, explained that La Plata, as a university city, attracts students from all over the country and from abroad. This phenomenon generates a demand concentrated mainly in areas such as El Bosque and La Plata SoHo.As for the most sought-after properties, Otegui stressed that the choice depends on the student's budget. The most sought-after properties are those located near universities.
The preferred departments are those close to universities
Regarding prices, the official said that these increased considerably compared to the previous year, even in current contracts that were updated according to agreed indices.
In the capital of the province of Buenos Aires, studio apartments start at $230,000 and one-bedroom apartments range from $300,000 to $420,000, plus expenses. Contracts are usually for two years, except for temporary agreements that are common among foreign students.
“The conditions and terms depend on what is agreed by the parties, and it is common for owners to accept surety bonds as a guarantee. The rental offer in La Plata has expanded significantly, with options managed by both individuals and real estate agencies,” said Otegui.
Regarding early termination, it should be noted that it can be done at any time, and 10% of the future rental value must be paid, that is, what remains of the contract.
Rosario: demand for regional proximity
In this city, also with a university imprint, the most sought-after neighborhoods are Echesortu, Lourdes, Pichincha and Luis Agote (the latter being the most in demand because it is close to faculties and because it has the cheapest apartments in the area).Diego Ferreyra , member of the Rosario College of Real Estate Brokers (Cocir) and Diego Ferreyra Real Estate, commented that “the university season increases demand, although this year there was a lower arrival of Brazilian students due to the exchange rate difference. In contrast, students from Córdoba, Entre Ríos and Santa Fe increased their presence in January.”
The important thing is that university housing is functional
The most sought-after units are two- and three-room apartments, although studio apartments are a competitive option for those who prioritize costs. Currently, prices are $180,000 for studio apartments, $250,000 for one-bedroom apartments, and $350,000 for two-bedroom apartments.
Ferreyra said: “Rental values increased below inflation compared to last year. They are around 70% while the accumulated annual inflation in 2024, according to Indec, was 117.8 percent .
Contracts in Rosario are agreed for two years with quarterly, four-monthly or half-yearly adjustments, based on the CPI or the Rental Contract Index (ICL). “The accepted guarantees include surety bonds and pay stubs, in addition to the traditional proprietary guarantees,” Ferreyra said.
High demand in Docta
In the last two weeks, enquiries to real estate agencies for rentals in the capital of Córdoba have increased by 60% compared to December. A large part of this comes from students or parents looking for housing for their children who will attend university in this key district.Virginia Manzotti , president of the Federal Council of Real Estate Associations of the Country (Cofeci) and of the real estate agency of the same name, highlighted that Córdoba is going through a period of strong demand in neighborhoods such as Nueva Córdoba, Centro, General Paz and Güemes.
Building in Nueva Córdoba, one of the most sought-after areas due to its proximity to different faculties in the Docta
Especially those near the University City of the National University of Córdoba. “In recent months, rental prices have adjusted to the available supply, since many units that were previously rented temporarily have been converted to annual contracts, generating greater availability and price stability,” said Manzotti.
The one-bedroom apartments have prices ranging from $285,000 to $450,000 per month plus expenses, depending on their location and whether they have amenities. Meanwhile, the two-bedroom units with two bathrooms are rented for amounts between $380,000 and $600,000 per month.
Currently, contracts have a duration of two years and adjustments are agreed between the parties on a quarterly, four-monthly or half-yearly basis, based on indices such as the ICL or CPI.
Manzotti concluded: “As for the requirements, two or three pay stubs with acceptable seniority and/or proprietary guarantees combined with pay stubs are requested.”
www.buysellba.com
