How much is an extra square meter worth? How the price rises with the size of the apartment in 33 cities of 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.
In Colombia, within the same estrato, an apartment for sale 10% larger is requested + 7.6% more expensive. In Bogotá an extra m² is worth about 6.07 million pesos, compared to 7.25 million pesos of the medium m². The effect of size is weaker in Soacha (+ 5.1% for 10% of area) and stronger in Rionegro (+ 10.1%).
Summary: We estimate the ratio between price and area of 117,698 apartments for sale and 64,312 for rent in 33 cities, with fixed estrato.
Updated: 18 October 2026 (data from 18 October 2026) · Next update: monthly.
Summary
| Indicator | Value |
|---|---|
| + 10% area (sale, country) | +7.6% |
| 1 m² extra in Bogotá | 6.07 million pesos |
| Weak effect | Soacha: + 5.1% |
| Stronger effect | Rionegro: + 10.1% |
How much the price increases with the area, by city
| City | Sale: + 10% of area increases price | Value of 1 m² extra (sale) | Medium price of m² | Rental: + 10% area | Announcements (sale / rental) |
|---|---|---|---|---|---|
| Soacha | +5.1% | 1.68 million pesos | 3.39 million pesos | — | 543 / 144 |
| Cucutta | +5.8% | 1.96 million pesos | 3.55 million pesos | +3.6% | 664 / 392 |
| Beautiful | +6.1% | 3.44 million pesos | 5.44 million pesos | +7.4% | 2,194 / 1,083 |
| Manizales | +6.1% | 3.58 million pesos | 5.65 million pesos | +6.8% | 2,800 / 287 |
| Bucaramanga | +6.2% | 2.94 million pesos | 4.67 million pesos | +6.7% | 2,476 / 429 |
| Itagüí | +6.2% | 4.39 million pesos | 6.75 million pesos | +6.2% | 1,927 / 897 |
| Floridablanca | +6.2% | 3.25 million pesos | 5.16 million pesos | +6.0% | 932 / 363 |
| Santa Marta | +6.3% | 4.90 million pesos | 8.72 million pesos | +6.1% | 3,791 / 675 |
| Tocancipa | +6.5% | 2.36 million pesos | 3.62 million pesos | — | 240 / 98 |
| The Star | +6.5% | 4.53 million pesos | 6.47 million pesos | +7.4% | 484 / 487 |
| Barranquilla | +6.5% | 2.96 million pesos | 4.53 million pesos | +6.1% | 7,646 / 3,805 |
| Medellin | +6.7% | 5.21 million pesos | 7.50 million pesos | +6.5% | 19,694 / 20,159 |
| Pereira | +6.8% | 3.77 million pesos | 5.50 million pesos | +6.5% | 4,380 / 1,549 |
| The eyebrow | +6.9% | 4.51 million pesos | 5.92 million pesos | +7.5% | 272 / 350 |
| Mounting | +7.0% | 2.44 million pesos | 3.72 million pesos | — | 321 / 56 |
| Sabaneta | +7.1% | 5.28 million pesos | 7.12 million pesos | +6.0% | 4,174 / 3,856 |
| Ibagué | +7.3% | 3.21 million pesos | 4.23 million pesos | +5.9% | 1,253 / 262 |
| Envigado | +7.4% | 6.35 million pesos | 8.44 million pesos | +6.8% | 5,502 / 7,279 |
| Cali | +7.5% | 3.76 million pesos | 4.65 million pesos | +6.4% | 9,363 / 1,557 |
| Armenia | +7.5% | 4.11 million pesos | 5.33 million pesos | +7.4% | 2,301 / 336 |
| Cartagena | +7.5% | 6.07 million pesos | 7.88 million pesos | +6.9% | 5,940 / 2,027 |
| Two-broken | +7.6% | 3.52 million pesos | 4.65 million pesos | — | 594 / 68 |
| Bogotá | +7.9% | 6.07 million pesos | 7.25 million pesos | +7.1% | 30,678 / 12,711 |
| Chia | +7.9% | 4.61 million pesos | 5.53 million pesos | +6.0% | 1,475 / 482 |
| The Retreat | +8.5% | 8.22 million pesos | 9.31 million pesos | +8.0% | 558 / 541 |
| Zipakirah | +8.5% | 3.63 million pesos | 4.37 million pesos | — | 802 / 174 |
| Villavicencio | +9.0% | 3.87 million pesos | 4.20 million pesos | — | 361 / 74 |
| Mosquera | +9.4% | 4.77 million pesos | 4.93 million pesos | — | 799 / 167 |
| Cajicá | +9.6% | 5.35 million pesos | 5.69 million pesos | +9.9% | 1,475 / 382 |
| Jamundí | +9.8% | 3.31 million pesos | 3.58 million pesos | — | 471 / 116 |
| Piedecha | +9.8% | 3.60 million pesos | 3.67 million pesos | — | 255 / 65 |
| Madrid | +9.9% | 3.47 million pesos | 3.59 million pesos | +3.4% | 449 / 270 |
| Rionegro | +10.1% | 7.96 million pesos | 7.44 million pesos | +10.9% | 2,884 / 3,171 |
Elasticidad precio-área estimada por regresión log-log con efectos fijos de estrato (apartamentos de 25 a 400 m²); el valor del m² extra es la elasticidad × precio mediano ÷ área mediana.
Frequently asked questions
How much is an additional square meter worth in an apartment? In Bogotá, some 6.07 million pesos for sale, compared to 7.25 million pesos of the medium m².
Is the m² of the large apartments cheaper? If the elasticity is less than 1, yes: kitchen, bathrooms and common areas weigh the same in a small apartment as in a large one, and the additional meters are less than the average.
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.
- Model: log (price) = b · log (area) + estrato effects, by city and operation, with 200 ads or more; b is elasticity (1 = proportional). + 10% area equals 1.1 ^ b − 1. It doesn't control neighborhood or antiquity.
- 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 is an extra square meter worth? How the price rises with the size of the apartment in 33 cities of Colombia (October 2026). Aptology (aptologia.com). https://github.com/elbroker/aptologia-datos/tree/main/estudios/cuanto-vale-un-metro-cuadrado-extra-ciudades-colombia-2026. Data: datos.csv, CC BY license 4. 0.
Sources and data
- Current data and listings: Aptología: homes for rent and for sale
- DOI: 10.5281/zenodo.23481475 (Zenodo)
- Original study (Spanish): ¿Cuánto vale un metro cuadrado extra? Cómo sube el precio con el tamaño del apartamento en 33 ciudades de Colombia (octubre 2026)
- GitHub (CSV, PDF): https://github.com/elbroker/aptologia-datos/tree/main/estudios/cuanto-vale-un-metro-cuadrado-extra-ciudades-colombia-2026
- Hugging Face: https://huggingface.co/datasets/aptologia/cuanto-vale-un-metro-cuadrado-extra-ciudades-colombia-2026