Rental prices in Buenos Aires experienced a significant increase in March 2023, raising concern among tenants. I know the prices, according to the square meters.
During the last few years, the prices of the rentals in Buenos Aires They were the subject of much discussion and concern. The tenants struggled to find a home they could afford, while the owners they tried to find a balance between their costs and the needs of the market.
In March 2023, rents experienced a significant increase, which caused concern among tenants. For his part, he Center for Economic and Social Studies Scalabrini Ortiz (CESO) observed a increase in the percentage of offers expressed in dollarsfundamentally from February 2022.
This increase was attributed to several factors, including rising utility costs, general inflation, and increased demand due to the onset of fall, when many people are looking to move. In addition, the Covid-19 pandemic has caused many people to look for a larger and more comfortable space to work from home, which has increased the demand for apartments and houses.
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Increase in rental prices
According to CESO, heThe median of the studio apartments offered in the Federal Capital is $80,000. Taking into account that the Minimum Vital and Mobile Salary (SMVM) in March of this year is $69,500, this covers 86.9% of a rent. Compared to March 2022, this relationship remains at the same level.
Yes, if they are sought two-room apartments, prices start at $90,000. While those with three rooms have a value of $150,000. In each category, the numbers vary depending on other own characteristics (such as age, if it has a garage, among other issues) and its environment (infrastructure, availability of transportation, proximity to shopping centers, among others).
It should be noted that none of the costs mentioned above include expenses, which reach an average of 15.6% of the cost of the rental offer price.
Source: Ambito
