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Does the rent go up with the minimum wage?

No. The cap is the previous year's CPI (Law 820, art. 20). The minimum wage increased 23% by 2026, but that does not change the housing rental ceiling.

In 2026 the urban housing rental in Colombia may rise by a maximum of 5.10%, which is inflation (CPI) of 2025 published by DANE on 8 January of 2026 ([DANE] (https://www.dane.gov.co/files/operaciones/IPC/dic2025/cp-IPC-dic2025.pdf)). This is set out in article 20 of the 820 Act of 2003: a $1,000,000 rental may be up to $1,051,000, and only when 12 months from the last readjustment are fulfilled.

Rental increase 2026: How much up? Maximum 5.10% (calculator and monitor) · Data date: 18 October 2026 · Source: Aptología (aptologia.com)

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