The average price of rents rose 3.4% in October and accumulates an increase of 57% in 2024, almost half of the inflation recorded in the period (108%).
A two-room apartment is rented for $524,907 per month, while a single-room apartment is rented for $440,643 per month and a three-room apartment is rented for $707,201 per month, according to data from Zonaprop.
Puerto Madero is positioned first in the ranking of the most expensive neighborhoods to rent, with an average price of $982,766 monthly. Nunez and Palermo They complete the podium, with an average value of $592,943 per month and $588,461 per month, respectively. Belgrano was positioned in fourth place, with an average price of rent of $570,858. They are followed by Parque Chas $565,256, Colegiales $557,960, Villa Urquiza $554,932, Villa Crespo $552,956, Recoleta $552,761, Chacarita $552,502, $546,199, Coghlan $535,757, Almagro $528,672, Retiro $524,961 and Villa De vote $524,225.
On the other hand, the cheapest offer to rent Lugano has it with the average disbursement of $391,050, Liniers $435,474 per month and Parque Avellaneda $447,759 per month.
Rental profitability continues to rise
The relationship rent/price rose and is located at 4.86% annually. Today it takes 20.6 years of rent to repay the initial investment, 9.5% more than what was necessary a year ago.
Lugano, Parque Avellaneda and La Boca continue on the podium of neighborhoods with the best options for investors seeking income. With a return of 8.5%, 6.3% and 6.2%, respectively.
On the other hand, Puerto Madero and Palermo are the neighborhoods with the lowest profitability, with 3.5% and 3.9%, respectively.
Rents rise in Greater Buenos Aires
Meanwhile, the average rental price of a two-room apartment in west-south GBA is $350,157 per month, while One with three rooms costs $453,848 per month.
In the last quarter, the price increase accelerated, rising by 16.8%, 4.6 percentage points above the increase accumulated during the second quarter of 2024 (12.2%).
A two-room apartment costs $473,179 per month and a three-room, 70 m2 apartment has an average value of $669,691 per month.. In the third quarter of the year, values rose 15% and have accumulated an annual increase of 63.3%, 38.3 percentage points below inflation.
Rincón de Milberg leads the ranking of the neighborhoods with the highest offer with an average price of $641,069 per month. They are followed by Nordelta and Olivos, with a value of $605,205 per month and $571,264 per month, respectively.
Los Polvorines, on the other hand, continues to be the neighborhood with the cheapest offer, with an average price of $343,581 per month. They are followed by José León Suárez ($344,723 per month) and San Miguel ($381,854 per month).
Source: Ambito
