Last Updated: Sept. 22, 2022
BOGOTÁ - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Usaquen
1-Bedroom	$87,051	$389	5.37%
2-Bedroom	$108,814	$562	6.20%
3-Bedroom	$159,018	$1,012	7.64%
4+Bedroom	$365,812	$2,258	7.41%
Chapinero
1-Bedroom	$71,970	$335	5.59%
2-Bedroom	$104,132	$562	6.48%
3-Bedroom	$182,175	$1,237	8.15%
4+Bedroom	$228,906	$1,468	7.69%
Teusquillo
1-Bedroom	$59,951	$289	5.78%
2-Bedroom	$90,638	$360	4.76%
3-Bedroom	$121,450	$607	6.00%
Bogotá avg. Rental Yields			6.46%
MEDELLÍN - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Southeast
1-Bedroom	$98,351	$671	8.18%
2-Bedroom	$129,645	$715	6.62%
3-Bedroom	$158,704	$849	6.42%
4+Bedroom	$207,745	$1,287	7.43%
Northeast
1-Bedroom	$40,235	$212	6.33%
2-Bedroom	$46,940	$358	9.14%
3-Bedroom	$77,117	$632	9.84%
4+Bedroom	$79,033	$677	10.29%
Southwest
1-Bedroom	$44,705	$313	8.40%
2-Bedroom	$61,023	$380	7.47%
3-Bedroom	$78,234	$447	6.86%
4+Bedroom	$105,001	$903	10.32%
Northwest
1-Bedroom	$43,588	$313	8.62%
2-Bedroom	$62,587	$391	7.50%
3-Bedroom	$100,475	$559	6.67%
4+Bedroom	$126,453	$836	7.93%
Medellín avg. Rental Yields			8.00%
CALI - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Downtown
1-Bedroom	$39,117	$168	5.14%
2-Bedroom	$51,411	$212	4.96%
3-Bedroom	$67,058	$291	5.20%
4+Bedroom	$88,066	$632	8.62%
West
1-Bedroom	$81,364	$335	4.95%
2-Bedroom	$98,351	$436	5.32%
3-Bedroom	$167,099	$861	6.18%
4+Bedroom	$219,035	$1,016	5.57%
South
1-Bedroom	$52,529	$170	3.88%
2-Bedroom	$54,764	$224	4.90%
3-Bedroom	$65,493	$313	5.73%
4+Bedroom	$105,001	$610	6.97%
North
1-Bedroom	$53,199	$268	6.05%
2-Bedroom	$55,882	$279	6.00%
3-Bedroom	$78,234	$302	4.63%
4+Bedroom	$108,389	$565	6.25%
Cali avg. Rental Yields			5.65%
CALI - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Downtown
1-Bedroom	$39,117	$168	5.14%
2-Bedroom	$51,411	$212	4.96%
3-Bedroom	$67,058	$291	5.20%
4+Bedroom	$88,066	$632	8.62%
West
1-Bedroom	$81,364	$335	4.95%
2-Bedroom	$98,351	$436	5.32%
3-Bedroom	$167,099	$861	6.18%
4+Bedroom	$219,035	$1,016	5.57%
South
1-Bedroom	$52,529	$170	3.88%
2-Bedroom	$54,764	$224	4.90%
3-Bedroom	$65,493	$313	5.73%
4+Bedroom	$105,001	$610	6.97%
North
1-Bedroom	$53,199	$268	6.05%
2-Bedroom	$55,882	$279	6.00%
3-Bedroom	$78,234	$302	4.63%
4+Bedroom	$108,389	$565	6.25%
Cali avg. Rental Yields			5.65%
BARRANQUILLA - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Barranquilla (all locations)
1-Bedroom	$51,411	$302	7.04%
2-Bedroom	$60,352	$312	6.20%
3-Bedroom	$88,293	$358	4.86%
4+Bedroom	$147,905	$745	6.05%
Barranquilla (all locations) avg. Rental Yields			6.04%
CARTAGENA - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Cartagena (all locations)
1-Bedroom	$87,175	$525	7.23%
2-Bedroom	$118,469	$530	5.37%
3-Bedroom	$129,645	$533	4.93%
4+Bedroom	$268,713	$858	3.83%
Cartagena (all locations) avg. Rental Yields			5.34%
PEREIRA - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Pereira (all locations)
1-Bedroom	$40,235	$291	8.67%
2-Bedroom	$51,411	$335	7.83%
3-Bedroom	$62,587	$380	7.29%
4+Bedroom	$101,614	$565	6.67%
Pereira (all locations) avg. Rental Yields			7.61%
BELLO - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Bello (all locations)
1-Bedroom	$35,764	$201	6.75%
2-Bedroom	$42,828	$279	7.83%
3-Bedroom	$51,411	$291	6.78%
Bello (all locations) avg. Rental Yields			7.12%
SANTA MARTA - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Santa Marta (all locations)
1-Bedroom	$69,070	$313	5.44%
2-Bedroom	$98,128	$436	5.33%
3-Bedroom	$102,822	$447	5.22%
3-Bedroom	$146,776	$497	4.06%
Santa Marta (all locations) avg. Rental Yields			5.01%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Get updated rental yields data for 75 countries

Gross rental yields in Bogota, Colombia - the return earned on the purchase price of a rental property, before taxation, vacancy costs, and other costs - are quite attractive. Gross rental yields are an important consideration even for those who do not intend to become landlords because a high rental yield indicates that the property market is reasonably priced.

Across the Bogota districts that we cover, gross rental yields range from 4.76% to 8.15%. Given that the cost of managing a property can typically be estimated to be around 2% of the yield, this still means that property in Bogota is reasonably valued, and will yield a reasonable to good return to the investor.

Rental yields for other cities in Colombia are similar to Bogota. Medellín produces rental yields of 6.33% to 10.32%, in Cali you can expect yields of 3.88% to 8.62%, Santa Marta can earn between 4.06% to 5.44%, in Barranquilla you can expect yields of 4.86% to 7.04%, Cartagena yields fall between 3.83% and 7.23%, Pereira produces strong yields of 6.67% to 8.67%, and in Bello the yields are between 6.75% and 7.83%.

Smaller properties tend to have higher rental yields than bigger properties.

Round trip transaction costs are not high in Colombia (i.e., the total costs of buying and selling a property).  See our Colombia residential transaction costs analysis
and Residential transaction costs in Colombia compared to the continent