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Buenos Aires Rents Outpace Inflation as Rental Supply Expands

Rising yields have drawn more owners to list properties, lengthening vacancy periods.

Overview

  • In September, asking rents rose 2.3% month over month for two-room units and are up 26.8% in 2025 versus 21.6% inflation, with a 37.6% year-over-year gain against 31.3% inflation and an ICL increase of 51.5%.
  • After the 2024 repeal of the rental law, availability jumped 62% from the prior month and now triples February 2023 levels, with roughly 19,000 homes listed in the city.
  • Leasing times have stretched to roughly 30–60 days on average as renters compare options and owners adjust prices or conditions during vacancy.
  • Industry leaders report gross rental yields near 6%–7%, encouraging more landlords to bring units back to the long-term market.
  • Prices vary widely by neighborhood, with Puerto Madero near $1.18 million monthly and areas like Lugano and Parque Patricios around $532,000–$616,000, while upfront contract costs exceed $2.8 million even as some studios list below $400,000.