Particle.news

Download on the App Store

Buenos Aires Rental Prices Stabilize While Building Fees Outpace Inflation

July’s 49% year-on-year increase in building fees to ARS281,516 has pushed recurring costs to almost a quarter of advertised rents.

Overview

  • Expensas rose 4.8% in July and 49% over 12 months to ARS281,516, surpassing the 1.9% CPI by 2.9 points according to ConsorcioAbierto.
  • Seventeen percent of residential units are in arrears, and total debt is growing as higher expensas combine with average interest rates of 5% in CABA and 6.4% in the Province.
  • Rental listings in CABA have nearly tripled since December 2023, easing upward pressure on posted rents and placing median monoambiente offers at about ARS500,000.
  • CESO data shows median asking rents of ARS600,000 for two-room and ARS800,000 for three-room apartments, with expensas accounting for roughly 24% of listing costs.
  • Tenant organizations are urging the repeal of DNU 70/2023 to address households’ struggle with rising fees and utility tariffs despite moderated rent growth.