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Real Estate News Rent increases have doubled inflation since the law was repealed - La Nacion Propiedades

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Rent increases have doubled inflation since the law was repealed - La Nacion Propiedades​



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April 15, 2026

A study by the University of Buenos Aires analyzes the increases in various household services, and the cost of renting housing shows the largest increase.


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The largest increase was recorded in the category of housing, related services and other fuels, which accumulated a sum close to 400%. Ricardo Pristupluk

Rents and household services - such as water, electricity and gas - saw increases that doubled the general inflation rate between December 2023 and February 2026, according to a report by the Center for Studies for the Argentine Recovery of the Faculty of Economic Sciences of the University of Buenos Aires (UBA).

In concrete terms, the increases during that period were :

  • Rentals: 423% (according to contracts updated by the Casa Propia coefficient)
  • Water: 366%
  • Electrical energy: 370%
  • Natural gas: 766%
With these percentages, the study highlights that the largest increase was recorded in the category of housing , related services and other fuels, which accumulated a sum close to 400% - averaging the cited barrels - that is, 191 percentage points above the general level of accumulated inflation that between December 2023 and February 2026 was close to 209% .


It is important to clarify that the study considers contracts signed under the Casa Propia program: the index created by Law 27,737, in effect from October 17, 2023, until December 29, 2023, the date on which Javier Milei's Emergency Decree repealed it. These contracts were updated every six months based on this index, so adjustments began in April 2024 for contracts initiated in October 2023.



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The study considers contracts signed under Casa Propia, valid from October 17, 2023 to December 29, 2023. Daniel Basualdo


In second place in the report was the communications sector, with a cumulative increase of 321% , that is, 122 percentage points above the overall level, but 79 points below the increase in housing. This was followed by education, with 279%, and transportation with a variation of 255%.

In contrast, the categories with the smallest increases in the UBA study were food and non-alcoholic beverages, with 182%, household equipment and maintenance, with 12%, and clothing and footwear with 106%.

Monthly increases​

If, instead of accumulated inflation, the monthly variation is considered, the trend remains the same. According to the Consumer Price Index (CPI), in February 2026 compared to January, the Housing category showed the largest increase, at 6.8%.

These increases are mainly explained by "the rise in gas, electricity and water rates in most provinces, and the modification of the schemes of beneficiaries of the rates with and without subsidies," the platform states.

The monthly increase in housing is double that of food and non-alcoholic beverages; and exceeds the general level by four percentage points.


How much does it cost to rent an apartment in the city of Buenos Aires?​

In March, rental prices listed in the city of Buenos Aires increased by 3% , according to the latest Zonaprop report.


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In March, rental prices listed in the City of Buenos Aires increased by 3%, according to the latest Zonaprop report.Ricardo Pristupluk

In this regard, Leandro Molina, director of the platform, analyzed the trend of recent years and indicated that prices for new contracts—the apartments being listed—slowed sharply in February 2024 , following the repeal of the Rental Law. “With the March increase, prices (for new contracts) have accumulated a year-on-year rise of 34.7%, above inflation (31.5%) and the ICL adjustment (33.5%).”

Currently, the average values in the city are:

  • Studio apartment: $704,704
  • One bedrooms: $814,659
  • Two bedrooms: $1,094,451
The difference between a studio apartment and a two-room apartment is 14%, while the gap between a one-bedroom and a two-bedroom apartment widens to 26%.


The increases by neighborhood​

The three areas that recorded the largest monthly increases in March were:

  • Agronomia: 7.26%
  • Parque Avellaneda : 7.25%
  • Velez Sársfield: 7.10%
At the other extreme, the lowest increases are observed in:

  • Nueva Pompeya: the only neighborhood in the City with a price decrease, in this case of -0.88%
  • Barracas: The increase was 0.79%.
  • La Boca: 0.03%, with a minimal increase


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