Rental prices in GBA rose up to 143.6% year-on-year, far exceeding inflation, according to a survey by Zonaprop.
Rental prices in the north, south and west of the Greater Buenos Aires (GBA) rose more than 14%, according to a survey by Zonapropafter the 20% post-STEP devaluation and the debate on the reform of the law.
In GBA Northprices increased on average by 16.3% in the month of August, while the total number of notices continues to fall, reaching historical levels. So far in 2023, the price rose by 99.4%above the inflation, which in CABA was 79.8% year-on-year, and at the national level it will be known on Wednesday, but it is expected that it could be between 11% and 12%.
On the other hand, in the west-south zoneprices rose on average 14.2% in August and accumulated an increase of 94.3% so far this year, above the inflation, while on a year-on-year basis, this number rises to 143.6%.
Rentals in GBA north: which are the cheapest neighborhoods
The average price of renting an apartment two environments in the northern area of the Province of Buenos Aires is located at $173,890 per month, while one of three reaches $224,337 per month.
The neighborhoods of olives and Vicente Lopez They are those with the highest prices in the northern area, with a value of $256,443 and $233,381 per month, respectively. The lowest prices are found in San Miguel ($117,957 per month), Belén de Escobar ($135,979 monthly) and San Fernando ($137,982 per month).
Rentals in GBA south-west: which are the cheapest neighborhoods
In the southwest of the province of Buenos Aires, rent an apartment two environments costs $122,339 per month, while one of three It rents for $154,666 per month.
The most expensive neighborhood is Canning, with values of $162,644 per month. They follow him wilde ($159,613 per month) and Castelar ($146,470 per month).
On the contrary, the cheapest locations are Merlo ($79,054 monthly), great mountain ($103,134 monthly) and Villa Luzuriagaworth $103,650 per month.
Source: Ambito
