In the last 12 months, rents rose 261.7% while year-on-year inflation already stood at 276.2% in February.
The rental prices in the City of Buenos Aires they rose just 1.3% on average in March after the strong advance of the offer for the repeal of the rental lawaccording to the latest report of Zonaprop. This is the lowest monthly increase since January 2019.
In the last 12 months the rents rose 261.7% while the year-on-year inflation It is already located in February in 276.2%.
However the average rental price for a studio apartment is $365,546 per month while that of a two rooms was located at $422,502 per month. In this way, to rent you need two or more minimum salaries.
With the inflationary acceleration and the salary liquidation It is becoming more and more difficult to rent, salaries lost only in the first two months of the administration of Javier Milei 17.9% purchasing power. Despite this, the rental prices They continued to rise and April contracts already closed will suffer a record increase.
Beyond the economic situation, there was also a strong growth in supply in CABA (15.3% in March)after years of free fall after the sanctioning of the rental law in July 2020. In the first quarter of the year it already grew 125%, according to Zonaprop.
Rentals in CABA: which are the 10 cheapest neighborhoods
In the City, two-room apartments are on average $422,502 monthly, but there are neighborhoods where they have a lower cost. These are the 10 cheapest neighborhoods:
- Mouth: $321,253 per month
- Avellaneda Park: $327,737 per month
- Liniers: $336,109 per month
- Slaughterhouses: $343,018 per month
- Forest: $346,245 per month
- Patricios Park: $351,043 per month
- Villa Gral Miter: $358,508 per month
- Barracks: $359,202 per month
- Mount Castro: $361,458 per month
- Flowers: $363,784 per month
Rentals in CABA: which are the 10 most expensive neighborhoods
- Palermo: $497,645 per month
- Nuñez: $476,741 per month
- Belgrano: $471,623 per month
- Recoleta: $467,420 per month
- Schoolboys: $463,342 per month
- Chacarita: $458,679 per month
- Coghlan: $456,568 per month
- Withdrawal: $449,612 per month
- Villa Urquiza: $445,035 per month
- Paternal: $442,117 per month
Source: Ambito
