How much a balcony is worth: rental of apartments with and without a balcony in Colombia (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.
An apartment for rent with a balcony is requested in Colombia 16.1% more per square metre than a comparable one without that feature (same city and number of rooms). 70.5% of apartments for rent declare it. In Bogotá the difference is 29.5% (49.1% of the offer).
Abstract: We compare 64,543 apartments for rent with declared area, matching by city and rooms (55 cells with 30 ads or more in each group).
Updated: 18 October 2026 (data from 18 October 2026) · Next update: monthly.
Summary
| Indicator | Value |
|---|---|
| Difference per m² (paired) | +16.1% |
| Part of the offer | 70.5% |
| Cities with sufficient sample | 29 |
| Analysed announcements | 64,543 |
City difference
| City | Difference per m² | With balcony (pesos / m²) | No balcony (pesos / m²) | Part of the offer | Announcements (with / without) |
|---|---|---|---|---|---|
| Bogotá | +29.5% | 54,545 | 42,105 | 49.1% | 6,363 / 6,591 |
| Cali | +28.1% | 32,710 | 25,532 | 66.7% | 1,000 / 499 |
| Santa Marta | +24.5% | 45,867 | 36,839 | 87.2% | 588 / 86 |
| Chia | +20.4% | 36,111 | 30,000 | 50.1% | 245 / 244 |
| Medellin | +19.0% | 50,980 | 42,857 | 75.7% | 15,194 / 4,874 |
| Barranquilla | +18.1% | 35,374 | 29,961 | 63.5% | 2,346 / 1,348 |
| Bucaramanga | +17.9% | 32,143 | 27,273 | 52.6% | 219 / 197 |
| Manizales | +15.9% | 34,783 | 30,000 | 43.3% | 122 / 160 |
| Floridablanca | +13.2% | 30,702 | 27,120 | 64.7% | 231 / 126 |
| Cartagena | +12.5% | 45,000 | 40,000 | 78.1% | 1,569 / 439 |
| Envigado | +12.0% | 49,329 | 44,048 | 89.6% | 6,544 / 759 |
| Cajicá | +11.2% | 34,752 | 31,250 | 68.1% | 262 / 123 |
| Armenia | +11.1% | 33,333 | 30,000 | 69.4% | 234 / 103 |
| Ibagué | +11.1% | 23,429 | 21,088 | 73.5% | 183 / 66 |
| Mosquera | +11.0% | 29,630 | 26,689 | 52.1% | 87 / 80 |
| Zipakirah | +7.7% | 22,515 | 20,913 | 54.8% | 92 / 76 |
| The eyebrow | +7.5% | 37,500 | 34,884 | 68.6% | 243 / 111 |
| Itagüí | +6.7% | 40,323 | 37,779 | 80.2% | 728 / 180 |
| Cucutta | +6.5% | 22,727 | 21,333 | 60.1% | 179 / 119 |
| Pereira | +5.8% | 33,846 | 32,000 | 66.1% | 1,011 / 519 |
| Beautiful | +5.3% | 33,929 | 32,222 | 81.1% | 877 / 205 |
| Rionegro | +3.8% | 37,879 | 36,486 | 75.8% | 2,410 / 769 |
| The Star | +2.9% | 38,427 | 37,333 | 81.0% | 396 / 93 |
| Marinilla | +1.3% | 29,199 | 28,814 | 71.0% | 76 / 31 |
| El Carmen de Viboral | +0.3% | 25,455 | 25,379 | 49.0% | 50 / 52 |
| Sabaneta | -0.2% | 41,026 | 41,091 | 84.9% | 3,282 / 586 |
| Tocancipa | -1.8% | 18,867 | 19,219 | 61.7% | 58 / 36 |
| The Retreat | -3.7% | 48,611 | 50,467 | 73.2% | 396 / 145 |
| Madrid | -5.2% | 20,312 | 21,429 | 58.7% | 152 / 107 |
Median rental per m² with and without the feature in each city (30 ads or more in each group). The national figure averages the differences within each combination of city and number of rooms, weighted by the number of ads with the characteristic.
Frequently asked questions
How much more does it cost to rent an apartment with a balcony in Colombia? In the October offer of 2026, 16.1% more per square meter than a comparable one.
What percentage of the rentals in Colombia is with a balcony? 70.5% of the apartments for rent with the information.
Methodology
- Source: night events of the Aptology database (aptologia.com) of 18 October 2026: current housing ads in real estate portals of 13 countries, collected by Aptology and seen online between 11 and 18 October 2026. Court: 18 October of 2026.
- Debugging: exact duplicates (same city, area, type, price, currency, area, rooms and bathrooms) and prices outside the percentile 1 - 99 of each country, operation, currency and type are removed; the price per m² uses only ads with declared area between 12 and 2,000 m² and is also cut to P1-P99.
- What is measured: prices ordered (published), not closing prices. For rent, monthly rent without HOA fee, common expenses or condo.
- Minimum sample: each published figure is based on at least 30 ads; cells with less are omitted.
- Colombia: Prices in Colombian pesos, no currency conversion. The indicators of furnished, pets, closed set, balcony and direct ad of the owner only exist for rent and come from the portals.
- Limitations: The coverage depends on the portals that travel Aptology in each country and is greater in large cities and in the medium-high and high segments; the area is the one that declares the announcement, unverified; the area names come from the portals.
- Privacy: only aggregates are published; no personal data, link to ads or name of advertiser is published.
- Open data: datos.csv, CC BY license 4. 0.
How to quote
Pinzón Pineda, D. M. (2026). How much a balcony is worth: rental of apartments with and without a balcony in Colombia (October 2026). Aptology (aptologia.com). https://github.com/elbroker/aptologia-datos/tree/main/estudios/alquiler-apartamento-con-balcon-colombia-2026. Data: datos.csv, CC BY license 4. 0.
Sources and data
- DOI: 10.5281/zenodo.23460762 (Zenodo)
- Original study (Spanish): Cuánto vale un balcón: arriendo de apartamentos con y sin balcón en Colombia (octubre 2026)
- GitHub (CSV, PDF): https://github.com/elbroker/aptologia-datos/tree/main/estudios/arriendo-apartamento-con-balcon-colombia-2026
- Hugging Face: https://huggingface.co/datasets/aptologia/arriendo-apartamento-con-balcon-colombia-2026