A report prepared by Mercado Libre and the University of San Andrés (Udesa) revealed that rental prices in the Buenos Aires Metropolitan Area (AMBA) in 2024 they had an increase below the inflation number.
According to the study, the prices per square meter of house rentals at current prices varied in interannual terms by 32.0% in GBA North, 74.7% in GBA South and 88.2% in GBA West. On the department side, they reported year-on-year increases in 39.3% in CABA, 43.3% in GBA North, 92.4% in GBA South Zone and 101.3% in GBA West.
In inter-monthly terms, in December there were variations in rental prices of apartments and houses of 2.0% and 2.1%, respectively.
The report noted that “although They are considerable increasesIn all cases, the year-on-year increase was below year-on-year inflation November 2024, which was 166.0%“.
One of the points highlighted by the study is the increase in the supply of units in the rental marketindicating that “in December 2024, in AMBA, the number of apartments available for rent increased 182.0%, compared to November 2023.”
The AMBA areas with the greatest increase in rents
In detail, the survey added that in this month compared to November, “prices per m2 for renting houses at current prices registered variations of 0.9%, 3.8% and 0.1% in GBA North, South and West, respectively“, while in apartment rentals, “inter-monthly price variations are observed per m2 at current prices of 1.8%, 2.5%, 3.5% and 2.9% for CABA, GBA North, South and West, respectively“.
On the other hand, the report distinguished that “the CABA neighborhood where the greatest inter-monthly increase in the rental price in current pesos per m2 of apartments occurs is in San Telmo (3.8%)“. In turn, of the municipalities of AMBA (excluding CABA), he specified that “the largest inter-monthly increase in the price of house rentals occurs in The Slaughter (13.5%)while in the department case occurs in Moreno (7.4%)“.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
