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 660,000 Chilean pesos, whereas for houses it was almost double (1.12 million Chilean pesos).
Apartment rents in Greater Santiago, Chile in the third quarter of 2022 ranged between 330 U.S. dollars and 1,500 U.S. dollars depending on the commune. Lo Barnechea and Vitacura were the most expensive communes for apartment rental, with the average rent exceeding 1,400 U.S. dollars. At the other end of the scale were Independencia and Estación Central, where the monthly rent was less than 350 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 24 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 22 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 11 U.S. dollars per square meter.
The monthly square meter rent of houses in Greater Santiago, Chile in the third quarter of 2022 ranged between five and 10 U.S. dollars, depending on the commune. Lo Barnechea and Vitacura were the most expensive communes to rent a house, with monthly rent of about 10 U.S. dollars per square meter. Rent was most affordable in San Joaquín, Pudahuel, and Cerrillos at less than six U.S. dollars per square meter.
This statistic presents the average monthly rent of an apartment in Santiago, Chile, in 2018, by apartment size. That year, the average monthly rent of an 85 square-meter apartment in Santiago amounted to around 993 U.S. dollars.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Chile CL: Total Natural Resources Rents: % of GDP data was reported at 16.904 % in 2021. This records an increase from the previous number of 5.487 % for 2020. Chile CL: Total Natural Resources Rents: % of GDP data is updated yearly, averaging 7.453 % from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 17.349 % in 2006 and a record low of 2.512 % in 1998. Chile CL: Total Natural Resources Rents: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Chile – Table CL.World Bank.WDI: Environmental: Land Use, Protected Areas and National Wealth. Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.;World Bank staff estimates based on sources and methods described in the World Bank's The Changing Wealth of Nations.;Weighted average;
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 6.35 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.
Not seeing a result you expected?
Learn how you can add new datasets to our index.
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 660,000 Chilean pesos, whereas for houses it was almost double (1.12 million Chilean pesos).