Last Updated: Sept. 15, 2022
LIMA - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Barranco
Studio	$125,373	$602	5.76%
1-Bedroom	$171,510	$853	5.96%
2-Bedroom	$260,776	$921	4.24%
3-Bedroom	$666,985	$3,085	5.55%
Chorrillos
1-Bedroom	$125,554	$483	4.62%
2-Bedroom	$151,803	$467	3.69%
3-Bedroom	$198,252	$762	4.61%
La Molina
1-Bedroom	$131,706	$521	4.75%
2-Bedroom	$177,906	$678	4.57%
3-Bedroom	$231,807	$912	4.72%
Miraflores
Studio	$165,589	$700	5.07%
1-Bedroom	$226,781	$949	5.02%
2-Bedroom	$318,772	$1,399	5.27%
3-Bedroom	$479,657	$2,198	5.50%
San Isidro
Studio	$134,903	$650	5.78%
1-Bedroom	$263,811	$999	4.55%
2-Bedroom	$494,646	$1,649	4.00%
3-Bedroom	$684,510	$2,798	4.91%
4+Bedroom	$879,371	$3,997	5.45%
San Borja
Studio	$154,889	$391	3.03%
1-Bedroom	$179,871	$665	4.43%
2-Bedroom	$284,796	$999	4.21%
3-Bedroom	$358,743	$1,099	3.67%
Surquillo
Studio	$86,093	$460	6.41%
1-Bedroom	$116,916	$630	6.46%
2-Bedroom	$139,900	$704	6.04%
Lima avg. Rental Yields			4.93%
AREQUIPA - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Arequipa (all locations)
Studio	$74,946	$364	5.82%
1-Bedroom	$95,931	$420	5.25%
2-Bedroom	$131,906	$690	6.27%
3-Bedroom	$184,868	$1,049	6.81%
Arequipa avg. Rental Yields			6.04%
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

Two-bedroom apartments in desirable areas like Miraflores, Barranco, and San Isidro may cost around US$226,000 to US$260,000 while costs fall to around US$151,000 in areas like Chorrillos.

Rental yields in Lima are much not as good as they used to be. Yields on smaller apartments have fallen over several years from an amazing 13% to around 4% to 6%. In Lima the rental yields vary between 3.03% to 6.46% with a city average of 4.93%.

Round trip transaction costs are moderate in Peru. See our property transaction costs analysis for Peru and property transaction costs in Peru, compared to the rest of Latin America.