Price of housing in the capitals of Latin America (and São Paulo and Lisbon): m² for sale, rental and profitability (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.
Among the capital cities of the region, the most expensive square meter for sale is that of Lisbon (USD 8,383 / m²) and the cheapest of Quito (USD 1,000 / m²). Bogotá marks USD 2,282 / m² for sale and USD 831 per month for an apartment with 2 rooms; the capital where that rental is cheapest is La Paz (USD 506).
Abstract: We compare 141,821 apartments with area in 13 capital or main cities.
Updated: 18 October 2026 (data from 18 October 2026) · Next update: monthly.
Summary
| Indicator | Value |
|---|---|
| More expensive sale | Lisbon: USD 8,383 / m² |
| Cheapest sale | Quito: USD 1,000 / m² |
| Bogotá (sale) | USD 2,282 / m² |
| Bogotá (2 there for rent) | USD 831 / month |
Comparative capital
| City | USD / m² sale | Rental USD / m² / month | Rental 2 hab. USD / month | Gross return |
|---|---|---|---|---|
| Lisbon, Portugal | 8,383 | 25.8 | 1,855 | 3.7% |
| Santiago (Chile) | 3,189 | 10.6 | 509 | 4.0% |
| Montevideo, Uruguay | 3,040 | 15.3 | 895 | 6.1% |
| Mexico City, Mexico | 2,894 | 18.1 | 1,648 | 7.5% |
| Buenos Aires, Argentina | 2,558 | 13.5 | 858 | 6.3% |
| Bogotá, Colombia | 2,282 | 15.2 | 831 | 8.0% |
| Lima, Peru | 2,185 | 10.0 | 909 | 5.5% |
| Asunción (Paraguay) | 1,843 | 12.9 | 1,104 | 8.4% |
| Santo Domingo (Dominican Republic) | 1,769 | 11.7 | 1,300 | 7.9% |
| Caracas, Venezuela | 1,400 | 12.1 | 950 | 10.4% |
| La Paz, Bolivia | 1,099 | 5.6 | 506 | 6.1% |
| Quito, Ecuador | 1,000 | 7.2 | 900 | 8.7% |
| São Paulo, Brazil | — | 12.4 | 590 | s, d, % |
São Paulo (Brazil's largest city) appears instead of Brasilia, and only with rent. Lisbon is included as a European reference.
Frequently asked questions
What is the most expensive capital in Latin America to buy housing? Lisbon, with USD 8,383 per m² in the medium of apartments for sale (Aptology, October of 2026).
Is Bogotá face to face in front of other capitals? Bogotá costs USD 2,282 per m² for sale; see table for position in front of Lima, Mexico City, Santiago or Buenos Aires.
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.
- Coins: never mix different coin ads without converting them. Conversión a dólares con la tasa de mercado de ExchangeRate-API (open.er-api.com, actualización del 18 Oct 2026): 1 USD = 3,182.80 COP, 1 USD = 18.47 M.N, 1 USD = 5.09 BRL, 1 USD = 3.44 PEN, 1 USD = 982.44 CLP, 1 USD = 1,514.57 ARS, 1 USD = 40.20 UYU, 1 USD = 5,705.37 PYG, 1 USD = 61.27 DOP, 1 USD = 0.89 EUR, 1 USD = 11.72 BOB; la UF chilena a 41,178.64 CLP (mindicador,cl. 18-oct-2026). The ads published in dollars are used as they are.
- 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). Price of housing in the capitals of Latin America (and São Paulo and Lisbon): m² for sale, rental and profitability (October 2026). Aptology (aptologia.com). https://github.com/elbroker/aptologia-datos/tree/main/estudios/precio-vivienda-capitales-latinoamerica-2026. Data: datos.csv, CC BY license 4. 0.
Sources and data
- DOI: 10.5281/zenodo.23460723 (Zenodo)
- Original study (Spanish): Precio de la vivienda en las capitales de Latinoamérica (y São Paulo y Lisboa): m² en venta, arriendo y rentabilidad (octubre 2026)
- GitHub (CSV, PDF): https://github.com/elbroker/aptologia-datos/tree/main/estudios/precio-vivienda-capitales-latinoamerica-2026
- Hugging Face: https://huggingface.co/datasets/aptologia/precio-vivienda-capitales-latinoamerica-2026