Argentina · South America · Population: 3,100,000
Buenos Aires is relatively affordable for homebuyers, with significant price corrections underway. The city has affordable rents compared to global standards. At $120,000 average home price in Argentina, buyers should consider the 5.8x price-to-income ratio when planning a purchase.
| Average Home Price | $120,000 |
| Price per sqm | $2,200 |
| Price-to-Income Ratio | 5.8x |
| Mortgage Rate | 18.0% |
| 1-Year Price Change | -5.2% |
| 1-Bedroom Apartment | $500/mo |
| 3-Bedroom Apartment | $900/mo |
| Rent-to-Income Ratio | 22% |
| Median Household Income | $21,000/year |
| Years to Buy (at median income) | 5.8 years |
| Local Currency | ARS |
With a price-to-income ratio of 5.8x, Buenos Aires offers reasonable opportunities for homebuyers compared to global averages. Home prices have decreased 5.2% in the past year.
Cities worldwide with home prices closest to Buenos Aires
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