Profitability of the rent in Manizales by estrato: in which you pay the most to buy for rent (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 Manizales, buying an apartment to rent it yields more in estrato 4 (7.2% gross per year, 14.0 years of rent) and less in estrato 5 (5.7%).
Summary: We compare the price per m² of 2,756 apartments for sale with the rent per m² of 277 for rent in Manizales, estrato per estrato.
Updated: 18 October 2026 (data from 18 October 2026) · Next update: monthly.
Summary
| Indicator | Value |
|---|---|
| Estrato 3 | 6.9% |
| Estrato 4 | 7.2% |
| Estrato 5 | 5.7% |
| Estrato 6 | 6.7% |
Gross estrato performance
| Strand | Sale by m² | Rental per m² per month | Gross return | Years of rent | Announcements (sale / rental) |
|---|---|---|---|---|---|
| 3 | 4.66 million pesos | 26,667 pesos | 6.9% | 14.6 | 473 / 43 |
| 4 | 5.52 million pesos | 32,886 pesos | 7.2% | 14.0 | 691 / 84 |
| 5 | 5.98 million pesos | 28,626 pesos | 5.7% | 17.4 | 407 / 50 |
| 6 | 6.40 million pesos | 35,917 pesos | 6.7% | 14.8 | 1,185 / 100 |
Medium rental per m² × 12 ¬ medium price per m²; before HOA fee, taxes, vacations and financing.
Frequently asked questions
What's the most rent-making estrato in Manizales? In estrato 4: 7.2% gross annual (October of 2026).
Where does he pay the least? In estrato 5: 5.7%.
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.
- Strate performance: medium rental per m² × 12 ¬ medium price per m² of apartments of the same estrato; only estratos with 30 ads or more for sale and 30 or more for rent with area.
- Cordura: only published if all returns are between 1% and 20%.
- 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). Profitability of the rent in Manizales by estrato: in which you pay the most to buy for rent (October 2026). Aptology (aptologia.com). https://github.com/elbroker/aptologia-datos/tree/main/estudios/rentabilidad-alquiler-por-estrato-manizales-2026. Data: datos.csv, CC BY license 4. 0.
Sources and data
- DOI: 10.5281/zenodo.23521700 (Zenodo)
- Original study (Spanish): Rentabilidad del arriendo en Manizales por estrato: en cuál rinde más comprar para arrendar (octubre 2026)
- GitHub (CSV, PDF): https://github.com/elbroker/aptologia-datos/tree/main/estudios/rentabilidad-arriendo-por-estrato-manizales-2026
- Hugging Face: https://huggingface.co/datasets/aptologia/estudios-vivienda-lote-19-2026/tree/main/rentabilidad-arriendo-por-estrato-manizales-2026