The monthly rent for residential real estate in Greater Santiago, Chile increased steadily since 2015, with the exception of 2020 when the rent for apartments fell slightly. In the third quarter of 2022, the average rent for an apartment was about ******* Chilean pesos, whereas for houses it was almost double (**** million Chilean pesos).

The monthly rent of houses in Greater Santiago, Chile in the third quarter of 2022 ranged between *** U.S. dollars and ***** U.S. dollars depending on the commune. Lo Barnechea and Vitacura were the most expensive communes to rent a house, with monthly rent exceeding ***** U.S. dollars. Rent was most affordable in San Bernardo and Puente Alto at less than *** U.S. dollars.

In the second quarter of 2023, Las Condes (CBD) had the highest average monthly rent for offices out of all the areas in Santiago, Chile. The average monthly rent in Las Condes (CBD) was approximately ** U.S. dollars per square meter. Providencia and Vitacura were some other areas that exhibited a substantial average monthly rent, with office rental costs reaching above ** U.S. dollars per square meter. On the other hand, Huechuraba (C.E.) offered the most affordable offices with the lowest monthly rent among all areas, at nearly ** U.S. dollars per square meter.

The average asking rent per square meter of warehouse and distribution real estate in Santiago, Chile, was the highest in the northern zone of the city in the first half of 2024. A square meter of class A space, which includes logistics facilities over 10,000 square meters, not older than 15 years, with level platforms, fire system, and infrastructure, such as changing rooms and offices, amounted to **** U.S. dollars per square meter monthly. Most of Santiago's warehouse inventory is located in the West and Northwest, which were the most affordable zones.

The average asking rent for a square meter of industrial real estate varied among Latin American cities. Mexico City, was the most expensive city in the second half of 2024, with a monthly asking rate of ***** U.S. dollars per square meter. Additionally, Mexico City was one of the LATAM markets with the lowest vacancy rate.