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Rents: What happened to prices after four months of higher inflation rates? - La Nacion Propiedades
Source:
www.lanacion.com.ar
May 05, 2025
How much does an apartment cost per month in each neighborhood?
Rental prices posted on real estate platforms continue to rise but are no longer outpacing inflation.Fabian Marelli
For the first time in 2025, the listing prices of apartments entering the rental market rose below the CPI (Consumer Price Index) data published monthly by INDEC.
Thus, in April , the average rent increase for a one-bedroom apartment in Buenos Aires was 2.9% , almost one percentage point less than the 3.7% inflation rate in March (the latest recorded figure), according to the latest report by Zonaprop . Similarly, several consulting firms expect the April percentage to be similar to that of February and March , so the rent increase would also be below inflation based on this data.
With this figure for the fourth month of the year, 2025 marks a 13% increase in rental prices , above the inflation rate for the year (9.7% through March) but below the rate projected for April (13.4%). Furthermore, over the past 12 months, rental prices rose 44.6% , below inflation (46.4%) and the ICL (Lease Contract Index) adjustment , which stood at 98.8% as of April 1. The latter is the index used to update lease contracts agreed under the old rental law, which was repealed in December 2023.
In concrete numbers, with the April increase, a studio apartment is priced at $527,566 per month , while a one-bedroom apartment rents for $622,309 per month and a two-bedroom apartment costs $836,751 .
However, in January 2024 , following the repeal of the rental law, the listing of apartments for traditional rentals in the city increased by 62% compared to the previous month . Since then, growth has moderated, with increases of around 10% per month and reached over 150% in 2024, but starting in the final months of last year, some registered a slight decrease compared to the previous year. This is due to a market readjustment, since when the stock reaches its peak, it begins to decline or moderate. The current supply volume is three times higher than that recorded at the historic low.
The average rent for a one-bedroom apartment in Palermo is $685,310.Shutterstock
It is important to differentiate between neighborhood annual increases and monthly prices , since Nueva Pompeya and Barracas , which tend to be areas with low rental values, have the highest year-over-year price increases (82.6% and 62.4%, respectively).
While Puerto Madero , the neighborhood with the highest value, had the lowest year-over-year increase (5.6%), followed by Colegiales (35.4%) and Retiro (37.2%).
In this sense, it currently takes 19.1 years of renting to recover the initial investment, 7.3% less than what was required a year ago.
Lugano leads the list of neighborhoods with the best options for investors seeking rental income, with a return of 8.1%. It is followed by Nueva Pompeya (7.8%) and Parque Avellaneda (7.3%) to complete the list.
On the other hand, Puerto Madero, Palermo and Belgrano are the neighborhoods with the lowest profitability , with 3.5%, 4.1% and 4.3%, respectively.
www.buysellba.com
Source:
Alquileres: qué pasó con los precios tras los cuatro meses en los que aumentaron arriba de la inflación
Cuánto cuesta un departamento por mes en cado barrio
www.lanacion.com.ar
May 05, 2025
How much does an apartment cost per month in each neighborhood?
Rental prices posted on real estate platforms continue to rise but are no longer outpacing inflation.Fabian Marelli
For the first time in 2025, the listing prices of apartments entering the rental market rose below the CPI (Consumer Price Index) data published monthly by INDEC.
Thus, in April , the average rent increase for a one-bedroom apartment in Buenos Aires was 2.9% , almost one percentage point less than the 3.7% inflation rate in March (the latest recorded figure), according to the latest report by Zonaprop . Similarly, several consulting firms expect the April percentage to be similar to that of February and March , so the rent increase would also be below inflation based on this data.
With this figure for the fourth month of the year, 2025 marks a 13% increase in rental prices , above the inflation rate for the year (9.7% through March) but below the rate projected for April (13.4%). Furthermore, over the past 12 months, rental prices rose 44.6% , below inflation (46.4%) and the ICL (Lease Contract Index) adjustment , which stood at 98.8% as of April 1. The latter is the index used to update lease contracts agreed under the old rental law, which was repealed in December 2023.
In concrete numbers, with the April increase, a studio apartment is priced at $527,566 per month , while a one-bedroom apartment rents for $622,309 per month and a two-bedroom apartment costs $836,751 .
How the offer behaves
Another point to consider is the supply of rental apartments, which directly influences monthly increases. In this case, since the pandemic, the rental supply has consistently declined, reaching a historic low in February 2023 .However, in January 2024 , following the repeal of the rental law, the listing of apartments for traditional rentals in the city increased by 62% compared to the previous month . Since then, growth has moderated, with increases of around 10% per month and reached over 150% in 2024, but starting in the final months of last year, some registered a slight decrease compared to the previous year. This is due to a market readjustment, since when the stock reaches its peak, it begins to decline or moderate. The current supply volume is three times higher than that recorded at the historic low.
How much does average rent cost in the city's neighborhoods?
The most expensive:
- Puerto Madero : $1,064,714
- Núñez : $706,681
- Palermo : $685,310
- Saavedra : $677,695
- Chacarita : $672,816
Those with intermediate prices:
- Recoleta : $644,111
- Villa Pueyrredón : $608,047
- Parque Chacabuco : $599,600
- San Cristobal : $584,756
- Parque Patricios : $571,759
The cheapest:
- Lugano : $450,648
- La Boca : $522,277
- Mataderos: $524,294
- Constitucion : $542,251
- Parque Avellaneda : $554,964
The average rent for a one-bedroom apartment in Palermo is $685,310.Shutterstock
It is important to differentiate between neighborhood annual increases and monthly prices , since Nueva Pompeya and Barracas , which tend to be areas with low rental values, have the highest year-over-year price increases (82.6% and 62.4%, respectively).
While Puerto Madero , the neighborhood with the highest value, had the lowest year-over-year increase (5.6%), followed by Colegiales (35.4%) and Retiro (37.2%).
Investments: buy to let
The rental-price ratio for investment apartments has declined slightly, reaching 5.23% annually. It has remained stable within this range for the last three months.In this sense, it currently takes 19.1 years of renting to recover the initial investment, 7.3% less than what was required a year ago.
Lugano leads the list of neighborhoods with the best options for investors seeking rental income, with a return of 8.1%. It is followed by Nueva Pompeya (7.8%) and Parque Avellaneda (7.3%) to complete the list.
On the other hand, Puerto Madero, Palermo and Belgrano are the neighborhoods with the lowest profitability , with 3.5%, 4.1% and 4.3%, respectively.
www.buysellba.com
