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Greater Buenos Aires Rents Surge, Widening Gap With Home Prices as Credit Cools

Rising rates plus tougher bank scoring are curbing mortgages, pushing purchases back to cash.

Overview

  • In the GBA west–south corridor, rents rose 2.5% in September and 57.3% year over year, outpacing inflation estimated near 31.3%, according to Zonaprop data reported by Ámbito.
  • In northern GBA, rents advanced 2.8% month over month and 43.3% annually, while asking prices average US$2350 per m² with a 5.3% gain so far in 2025, La Nación reports.
  • Sale values in the west–south average US$1637 per m², essentially flat in September and up about 2% year over year, underscoring the divergence between leasing costs and purchase prices.
  • Homeownership remains out of reach for many, with a sector study estimating about 65 formal monthly salaries are needed to buy a typical two‑bedroom in Buenos Aires Province.
  • Despite pressure on rents, media-listed pockets of lower-priced apartments persist in CABA—examples include San Nicolás near AR$300,000, Recoleta from AR$320,000, Palermo around AR$390,000, and Constitución and Villa Crespo at roughly AR$320,000–$360,000—often with notable building fees and quick take-up.