Profitability of the rent in Santiago de Chile by commune: where you pay the most to 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 Santiago de Chile, buying an apartment to rent it yields in the typical commune 4.7% gross per year: the price ordered is equivalent to 21.1 years of rent. The commune with the highest gross return is Las Condes (5.4%) and the smaller commune, Ñuñoa (4.2%). For the whole city, with the median per m², the gross return implied is 3.6%.
Abstract: We compare the price per m² of 5,715 apartments for sale with the rent per m² of 2,257 for rent in 4 communes of Santiago de Chile.
Updated: 18 October 2026 (data from 18 October 2026) · Next update: monthly.
Summary
| Indicator | Value |
|---|---|
| Increased profitability | Condes: 5.4% |
| Less profitability | Nuns: 4.2% |
| Typical commune (medium) | 4.7% |
| City (medium per m²) | 3.6% |
| Compared compounds | 4 |
Gross return per commune
| Commune | Sale by m² (FU) | Rental per m² per month (Chilean pesos) | Gross return | Years of rent | Announcements (sale / rental) |
|---|---|---|---|---|---|
| The Condes | 88 | 16,333 | 5.4% | 18.4 | 2,062 / 247 |
| Santiago Centro | 56 | 9,091 | 4.8% | 21.0 | 2,007 / 1,280 |
| Providence | 87 | 14,048 | 4.7% | 21.3 | 1,485 / 310 |
| Yams | 83 | 11,778 | 4.2% | 24.0 | 161 / 420 |
Sold from higher to lower profitability. Before HOA fee, taxes, vacations and financing.
Frequently asked questions
In which commune of Santiago de Chile does he pay more to buy to rent? In Las Condes, with 5.4% gross annual (18.4 years of rent), according to October announcements of 2026.
Where does he pay the least? In Ñuñoa: 4.2% gross per year (24.0 years of rent).
How much does an apartment rent in Santiago de Chile? In the typical commune, 4.7% gross per year.
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.
- Coins: In each city and operation only the majority currency of the ads is used (the ads in another currency are excluded) and the median is converted to dollars at the rate mentioned; no different currency ads are ever averaged.
- Years of rent to pay for the house: The average sales price (monthly average rental × 12) between the same type of ads and the cell; it is the price / rent ratio (price-to-rent ratio) and is equivalent to 100 - gross profitability. It does not include HOA fee, taxes, vacations, financing or recovery: it is a reference to compare to purchase and rent, not an investment recommendation.
- Profitability by commune: medium rental per m² × 12 ¬ medium sale price per m² of apartments in the same commune; only communes with 30 ads or more for sale and 30 or more of rental with declared area. Using the m² and not the total price prevents the typical size of each commune from bias the comparison.
- Other currencies: the sale is published mainly in the UF and the rental in Chilean pesos; each median is calculated in its own currency and only then it is converted to dollars with the rate cited, so the profitability depends on that rate.
- 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 Santiago de Chile by commune: where you pay the most to rent (October 2026). Aptology (aptologia.com). https://github.com/elbroker/aptologia-datos/tree/main/estudios/rentabilidad-alquiler-santiago-de-chile-por-comuna-2026. Data: datos.csv, CC BY license 4. 0.
Sources and data
- DOI: 10.5281/zenodo.23499091 (Zenodo)
- Original study (Spanish): Rentabilidad del arriendo en Santiago de Chile por comuna: dónde rinde más comprar para arrendar (octubre 2026)
- GitHub (CSV, PDF): https://github.com/elbroker/aptologia-datos/tree/main/estudios/rentabilidad-arriendo-santiago-de-chile-por-comuna-2026
- Hugging Face: https://huggingface.co/datasets/aptologia/rentabilidad-arriendo-santiago-de-chile-por-comuna-2026