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Buenos Aires Rent Prices Surge: A 2-Bedroom in Núñez Hits Nearly 1 Million Pesos

06/07/2026 16:20 - Economia

Buenos Aires Real Estate Market Sees New Increases

The real estate market in the Autonomous City of Buenos Aires (CABA) continues to show dynamism and significant changes. During June 2026, rental prices experienced a considerable 14% increase, directly impacting the budgets of tenants looking for new options to settle in the Argentine capital.

According to reports from local media, prices vary drastically depending on the geographical location within the city. Traditional neighborhoods in the northern corridor maintain their position as the most coveted and, consequently, the most expensive areas to live.

Núñez Leads the Ranking of the Most Expensive Neighborhoods

The most striking data from this survey is the price of a two-room apartment in the Núñez neighborhood. Currently, a unit of these characteristics costs almost $1,000,000 Argentine pesos per month. This value positions the area as one of the most exclusive for residential rentals in the entire country.

Understanding the Local Context

For a foreign reader, it is important to note that a 'two-room' apartment (dos ambientes) in Argentina typically refers to a one-bedroom apartment plus a living/dining room area. Núñez is a high-income, residential neighborhood known for its green spaces and quiet streets, located in the northern part of the city.

Currency Perspective

To put this figure into perspective, with the official exchange rate hovering around $1,510 ARS to the US dollar in early July 2026, this rent would be approximately $662 USD per month, reflecting the purchasing power needed to access housing in high-demand neighborhoods.

More Accessible Neighborhoods

In contrast to premium areas, the market also offers more economical alternatives. Neighborhoods located towards the south of the city, such as Pompeya, Villa Soldati, or Villa Riachuelo, usually lead the ranking of the cheapest areas. These neighborhoods offer options for those looking to optimize their budget without moving too far away from the urban center.

A Hopeful Outlook for the Market

Although national inflation has shown a significant slowdown in recent months, with projections hovering around 1.9% monthly for June and July 2026, certain sectors like real estate adjust their prices according to the particular supply and demand of each neighborhood, contract renewals, and new construction investments. This stabilization in inflation brings optimism for future economic predictability in the country.

Sources: TN Economía and La Nación Propiedades.

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Alfredo S. Quiroga