The Minimum Living and Mobile Wage, which in April is $202,800, covers 67.6% of the rental price of an average studio apartment, according to the Scalabrini Ortiz Study Center.
He rental price fell in real terms, after the deregulation of the market through the DNU 70/2023. In April, the values in CABA rose below inflation again and the cost of a studio apartment, in particular, remained unchanged, according to the report from the Scalabrini Ortiz Study Center (CESO).
How much does it cost to rent an apartment in CABA?
The average value of a studio apartment In April it was located in $300,000although this value remained unchanged compared to the previous month. Meanwhile, a two environments has a value of $380,000, which represented an advance of 3.8% compared to March and a 3 environments climbed to $530,0006% more than in the third month of the year.
In this way, the price of rentals in CABA closed with a drop in real terms, since the inflation In the fourth month of the year, it is estimated that it could reach single digits, but not be lower than 9%.
Despite the real decline, the cost of a studio apartment is still above the Minimum salary, vital and movilwhich is at $202,808 and only covers the 67.6% of the rental value.
In turn, to the cost of the rental, we must add the expenses that, on average, cost 12% of the monthly rental price, with which a studio apartment would have an approximate cost of $336,000 plus services and it would remain $115,192 under the SMVM.
Finally, the supply of apartments for rent continues to rise after deregulation and In April it was 6.6% above that of the previous month.
Source: Ambito
