Overview
- Zonaprop data for June 2026 show advertised rents in the City of Buenos Aires rose 1.4% that month and 15.7% in the first half of the year, a pace below the 17.1% inflation recorded for the same period.
- Annual rent growth eased to 31.3%, the smallest year‑on‑year increase since November 2019, and closely matched the 31.5% adjustment of the Index for Rental Contracts (ICL).
- Sales prices in dollar terms are essentially flat, with the city average at US$2,467 per square metre and only a 0.7% gain in H1, while the construction cost index (CAC) rose 16% in H1 despite a 0.8% fall in June.
- Supply of traditional rentals remains elevated since the repeal of the Ley de Alquileres, with Zonaprop listings 3.4 times higher than the February 2023 low and a 3.5% increase in June, shifting bargaining power toward tenants.
- Gross yields improved to 5.89% citywide but vary sharply by neighbourhood, with southern barrios such as Lugano and Nueva Pompeya offering the highest returns and many owners choosing vacancy over lower peso rents because carrying costs can be substantial.