In December 2022, the monthly rent for a one-bedroom apartment in the city center in Argentina cost approximately *** U.S. dollars, whereas a three-bedroom apartment in the same location averaged 494 U.S. dollars.
Palermo was the most expensive neighborhood for apartment rental in Buenos Aires, Argentina as of July 2024, with the average monthly rent exceeding ******* Argentine pesos. On the other end of the scale were Mataderos, Floresta, and Lugano, where rent was under ******* Argentine pesos.
The average price of a new three-bedroom apartment in Buenos Aires, Argentina, was ******* U.S. dollars per square meter in the third quarter of 2024. The price for large new apartments peaked in 2017, when it reached almost ***** U.S. dollars per square meter. According to the source, the two- and three-bedroom apartments cover almost ********** of the market.
As of April 2020, the monthly rent for a one-bedroom apartment in the city center of Cordoba, Argentina, amounted to ****** U.S. dollars, whereas a three-bedroom apartment averaged ****** U.S. dollars.
In the second quarter of 2023, Catalinas reported the highest average monthly rent for offices among all the areas in Buenos Aires, Argentina. The average monthly rent in Catalinas ranged between ** and ** U.S. dollars per square meter. Conversely, Macrocentro Sur provided the most affordable offices with the lowest monthly rent among all areas, with commercial spaces starting at ** U.S. dollars per square meter.
As of December 2023, the monthly rent for a one-bedroom apartment in the city center of Buenos Aires, Argentina, amounted to approximately *** U.S. dollars, whereas a three-bedroom apartment averaged approximately *** U.S. dollars.
The average monthly rent in Argentina's capital city, Buenos Aires, increased in 2023, but remained below the 2018 levels. As of the second quarter of 2023, the average square meter rent in the major commercial corridors measured **** U.S. dollars per month. Among others, these corridors include Santa Fe, Pueyrredon, Rivadavia, Carabobo, and Florida.
Panama City, Mexico City, and Guadalajara had the highest average apartment rents in 2022 among the selected Latin American cities. To rent an apartment in a mid-income area in Panama City, renters would have to earn at least ***** U.S. dollars per month, assuming that rent comprises not more than ** percent of the monthly income. Córdoba, Argentina, was the most affordable city, with ideal income needed to rent an apartment amounting to *** U.S. dollars.
The south zone of Buenos Aires had the highest rent for class A industrial and logistics real estate in 2023. A square meter of warehousing in the east zone was ***** euros per square meter per month in the second half of the year. The north zone, which concentrated most of the industrial and logistics real estate stock of the city, had lower rent amounting to *** U.S. dollars per square meter.
Brazil and Argentina are some of the Latin American countries with the highest average square meter price of an apartment as of November 2020. In Brazil, a *** square meter apartment located in the center of a major city sold at around ***** per square meter. Rio de Janeiro is one of the Latin American cities where buying an apartment is most expensive.
Buenos Aires, Argentina, was the least affordable city in South America in the first half of 2022 to buy an apartment. The ratio measures the number of years needed for a two-earner household where one person works full time and one person works half-time to buy a 90-square meter apartment. It assumes the property has the average square meter price for the city and that home buyers earn the average net salary. Montevideo, Uruguay, was one of the most affordable cities, where it took about nine years to buy an apartment.
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In December 2022, the monthly rent for a one-bedroom apartment in the city center in Argentina cost approximately *** U.S. dollars, whereas a three-bedroom apartment in the same location averaged 494 U.S. dollars.