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The rents that came on the market had the lowest increase in the last 4 years - La Nacion Propiedades
Source:
www.lanacion.com.ar
January 28, 2025
However, listing prices registered a new increase in January; prices neighborhood by neighborhood
Rentals: January recorded the lowest year-on-year increase since July 2020 Freepik
Alittle over a year after the DNU that deregulated the real estate sector and changed the rules of the rental game , following the repeal of the regulations that established three-year contracts with annual adjustments, the listing prices of apartments for rent that were published in January in the city of Buenos Aires registered the lowest year-on-year increase since July 2020 : that is, in the last 12 months the accumulated increase reached 39.7% .
According to the recent survey carried out by Zonaprop , the average published price increased 2.8% in January compared to the previous month and is below the Consumer Price Index of the city: which registered a monthly variation of 3.3% in December 2024 compared to the previous month (the last data collected).
In concrete numbers, a studio apartment of 40 m2 is rented for $474,633 per month; a one-bedroom apartment of 50 m2 is listed for $566,025 ; while a two-bedroom apartment of 70 m2 is listed for $761,505 , on average.
A key fact in this context is to understand the market dynamics in terms of the number of apartments published for rent : since the pandemic, the rental supply has systematically decreased , reaching an all-time low in February 2023. However, it was not until January of last year , after the repeal of the regulations, that the supply in the city increased by 62% compared to the previous month and from that moment on it continued to increase but moderately, reaching almost 200% at the end of 2024 .
This trend, which had been going strong, was reversed this month: according to the report, in January 2025 it fell by 6% compared to the previous month. Despite this, the current volume is 3.1 times higher than that recorded at the historical low.
Renting a one-bedroom apartment in the city of Buenos Aires costs $566,025 on average
Furthermore, analysts do not foresee a scenario with neighbourhoods where the supply of apartments is almost non-existent, as occurred in the past when the rental law was in force. Instead, they consider this decline to be a natural consequence of the market readjustment and that the apartments on offer are being rented out .
“Supply does not rise forever; the market has to find a balance . When the price begins to adjust, there is more turnover, the number of properties that come in is less than those that end up closing contracts, which is good,” says Soledad Balayán, owner of Maure Inmobiliaria. The specialist explains that the peak of supply was reached and now it has begun to fall. “What was needed was to reach a balance in the price.”
A key fact to keep in mind is that, of the total supply of rental properties, 95% corresponds to apartments , which reflects the predominance of this type of property in the city's residential market.
For example, Puerto Madero continues to lead the ranking with the most expensive rentals , with an average of $926,707 for a one bedroom apartment of 50 m² . This is followed by Palermo with $629,241 and Núñez with $626,602 , respectively.
Palermo is among the most expensive neighborhoods to rent an apartment, with an average of $629,241 Fabian Marelli - THE NATION
While, among the most affordable prices are Mataderos ($494,843), Floresta ($486,183), and Lugano, the latter being the only neighborhood that continues with values below $400,000 , with $424,900 per month for a one-bedroom apartment .
Meanwhile, the neighborhoods with intermediate prices are:
According to the platform, Lugano , Liniers and Parque Patricios are the neighborhoods that showed the greatest increase from one year to the next , while Retiro is the one with the lowest increase. The list is presented as follows:
www.buysellba.com
Source:
Los alquileres que salieron al mercado tuvieron el menor aumento de los últimos 4 años
De todas formas, los valores de publicación registraron un nuevo aumento en enero; los precios barrio por barrio
www.lanacion.com.ar
January 28, 2025
However, listing prices registered a new increase in January; prices neighborhood by neighborhood
Rentals: January recorded the lowest year-on-year increase since July 2020 Freepik
Alittle over a year after the DNU that deregulated the real estate sector and changed the rules of the rental game , following the repeal of the regulations that established three-year contracts with annual adjustments, the listing prices of apartments for rent that were published in January in the city of Buenos Aires registered the lowest year-on-year increase since July 2020 : that is, in the last 12 months the accumulated increase reached 39.7% .
According to the recent survey carried out by Zonaprop , the average published price increased 2.8% in January compared to the previous month and is below the Consumer Price Index of the city: which registered a monthly variation of 3.3% in December 2024 compared to the previous month (the last data collected).
In concrete numbers, a studio apartment of 40 m2 is rented for $474,633 per month; a one-bedroom apartment of 50 m2 is listed for $566,025 ; while a two-bedroom apartment of 70 m2 is listed for $761,505 , on average.
A key fact in this context is to understand the market dynamics in terms of the number of apartments published for rent : since the pandemic, the rental supply has systematically decreased , reaching an all-time low in February 2023. However, it was not until January of last year , after the repeal of the regulations, that the supply in the city increased by 62% compared to the previous month and from that moment on it continued to increase but moderately, reaching almost 200% at the end of 2024 .
This trend, which had been going strong, was reversed this month: according to the report, in January 2025 it fell by 6% compared to the previous month. Despite this, the current volume is 3.1 times higher than that recorded at the historical low.
Renting a one-bedroom apartment in the city of Buenos Aires costs $566,025 on average
What does this decline mean?
Analysts agree that this drop in supply is due to a stabilization of the real estate market in which owners adapted to the new rules established by the DNU and began to rent their units again.Furthermore, analysts do not foresee a scenario with neighbourhoods where the supply of apartments is almost non-existent, as occurred in the past when the rental law was in force. Instead, they consider this decline to be a natural consequence of the market readjustment and that the apartments on offer are being rented out .
“Supply does not rise forever; the market has to find a balance . When the price begins to adjust, there is more turnover, the number of properties that come in is less than those that end up closing contracts, which is good,” says Soledad Balayán, owner of Maure Inmobiliaria. The specialist explains that the peak of supply was reached and now it has begun to fall. “What was needed was to reach a balance in the price.”
A key fact to keep in mind is that, of the total supply of rental properties, 95% corresponds to apartments , which reflects the predominance of this type of property in the city's residential market.
Rental prices by neighborhood
For example, Puerto Madero continues to lead the ranking with the most expensive rentals , with an average of $926,707 for a one bedroom apartment of 50 m² . This is followed by Palermo with $629,241 and Núñez with $626,602 , respectively.
Palermo is among the most expensive neighborhoods to rent an apartment, with an average of $629,241 Fabian Marelli - THE NATION
While, among the most affordable prices are Mataderos ($494,843), Floresta ($486,183), and Lugano, the latter being the only neighborhood that continues with values below $400,000 , with $424,900 per month for a one-bedroom apartment .
Meanwhile, the neighborhoods with intermediate prices are:
- Villa Urquiza: $590.503
- Caballito: $563.003
- Boedo: $540.106
- Montserrat: $534.999
- La Boca: $517.803
The neighborhoods that recorded the highest price increase
According to the platform, Lugano , Liniers and Parque Patricios are the neighborhoods that showed the greatest increase from one year to the next , while Retiro is the one with the lowest increase. The list is presented as follows:
Biggest rise
- Lugano: 80.4%
- Liniers: 68.4%
- Parque Patricios: 63.6%
Minor increase
- Retiro: 18.1%
- Puerto Madero: 20.1%
- Chacarita: 21.9%
www.buysellba.com
