It is one of the most sought-after spaces, and its rents rose to a record high in January

Zona Norte is far enough from the center, and at the same time close, and this, together with the possibility of green areas, makes it one of the desirable areas to live. And this is one of the reasons why the prices of rents in increased in January more than inflation.

According to the latest data from zone propin the first month of the year, the increase was 7.1%. This is the biggest increase since May last year.

Renting a two-room apartment in the wider area of ​​Buenos Aires has an average price of 93,369 dollars per month. While one of the three rooms comes to 137,272 dollars per month.

The price growth, which seems endless, is the result of high demand and almost non-existent supply in this area. In many neighborhoods there is a waiting list to find a property.

And that’s it the Zona Norte districts became the most chosen pos pandemic. The first attraction is that these spaces are connected to green areas and close to the river.

Nordelta and Troncos del Talar topping the list of the most expensive with a value of $ 126,219 and 123,027 dollars monthly, respectively. While, on the other hand, the lowest prices are in San Miguel ($68,755 per month), José León Suárez ($75,229 per month) and San Martín ($75,401 per month).

What is happening in the west and south

in Zone west-southprices have risen a 5.6% in January and accumulate an increase of 85.9% in the last 12 months. I am renting an apartment in this area with two rooms and 50 m2 it’s situated in 66,508 dollars per month, while one of the three environments i 70 m2 is rented for 87,368 dollars.

The most expensive neighborhood to rent is Canning, one of the areas that has grown the most since the pandemic, where the monthly value 92,601 dollars and after him Castelar ($83,325 per month) and Villa Bosch ($79,118 per month).

On the contrary, the cheapest apartments are located in Valentín Alsina ($52,483), La Tablada ($55,913) and Lomas del Mirador with a value of $56,582 per month.

Real estate for sale

In GBA North, sales prices slowed by 0.1% in January, indicating some stagnation in property values.

On the other hand, an apartment with two rooms and 50 m2 in the north GBA has a value of 109,220 dollars and one of the three environments i 70 m2, 161,286 dollars.

The fourth with the highest prices in the northern zone are La Lucila ($3,376 per m2), Vicente López ($3,169) and Olivos ($2,915).