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Housing in Peru by city: price per m², rental of 2 rooms and years of rent in 3 cities (October 2026)

Machine-assisted English version of the Spanish original by Aptología. All figures are locked to the original (numbers are copied, not re-translated); if in doubt, the Spanish original prevails.

The most expensive square meter of apartment in Peru is in Lima, with USD 2,137 in the medium of ads for sale; the cheapest of 3 measured cities, in Callao, with USD 1,156. In Lima, an apartment of 2 rooms is rented for USD 838 per month and sold for USD 156,324: 15.5 years of rent.

Abstract: We analyze 9,974 apartment ads in 3 cities of Peru.

Updated: 18 October 2026 (data from 18 October 2026) · Next update: monthly.

Price per m² per city in Peru

Summary

Indicator Value
More expensive (m²) Lima: USD 2,137
Cheapest (m²) Callao: USD 1,156
Lima: rent 2 hab. USD 838
Announcements 9,974

Cities of Peru

City USD / m² sale Suitable. 2 There. For sale Rental 2 Years of rent Currency (sale / rental) Announcements (sale / rental)
Lima USD 2,137 USD 156,324 USD 838 15.5 PEN / PEN 6,265 / 3,020
Arequipa USD 1,227 USD 112,699 — — PEN / PEN 524 / 46
Callao USD 1,156 — — — PEN / PEN 87 / 32

Medium apartments; - indicates less than 30 ads. Years of rent = price of 2 rooms ¬ (rental of 2 rooms × 12); not calculated in seasonal destinations.

Frequently asked questions

What is the most expensive city in Peru to buy? Lima: USD 2,137 per m² in the median (October of 2026).

How much does it cost to rent in Lima? An apartment of 2 rooms, USD 838 per month in the middle.

Methodology

How to quote

Pinzón Pineda, D. M. (2026). Housing in Peru by city: price per m², rental of 2 rooms and years of rent in 3 cities (October 2026). Aptology (aptologia.com). https://github.com/elbroker/aptologia-datos/tree/main/estudios/vivienda-peru-por-ciudad-2026. Data: datos.csv, CC BY license 4. 0.

Sources and data

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