Gross rental yields in Chile: Santiago and 7 other cities

The average gross rental yield in Chile stands at 4.73% (Q4, 2023). Previously in Q2 of 2023, it stood at 4.99%.

  • Santiago
  • Conception
  • Vina Del Mar
  • Concon
  • Temuco
  • Valparaiso
  • La Serena
  • Antofagasta
  Last Updated: Dec 07, 2023
SANTIAGO - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Centro Histórico de Santiago  
1-Bedroom $88,372 $345 4.68%
2-Bedroom $130,454 $483 4.44%
3-Bedroom $172,536 $633 4.40%
Santa Isabel  
1-Bedroom $92,580 $362 4.69%
2-Bedroom $130,412 $518 4.77%
3-Bedroom $155,704 $620 4.78%
Bulnes  
1-Bedroom $84,164 $345 4.92%
2-Bedroom $125,825 $483 4.61%
3-Bedroom $167,907 $633 4.52%
San Diego  
1-Bedroom $88,372 $345 4.68%
2-Bedroom $121,617 $483 4.77%
3-Bedroom $151,495 $633 5.01%
Parque O´Higgins  
1-Bedroom $83,322 $334 4.81%
2-Bedroom $96,789 $414 5.13%
3-Bedroom $125,825 $518 4.94%
Barrio Diez de Julio  
1-Bedroom $88,372 $356 4.83%
2-Bedroom $124,142 $514 4.97%
3-Bedroom $132,558 $597 5.40%
Parque Almagro  
1-Bedroom $84,164 $344 4.90%
2-Bedroom $121,617 $494 4.87%
3-Bedroom $149,265 $632 5.08%
Bogotá - Sierra Bella  
1-Bedroom $92,580 $367 4.76%
2-Bedroom $117,408 $482 4.93%
2-Bedroom $117,408 $500 5.11%
Santiago avg. Rental Yields 4.83%
CONCEPTION - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Conception (all locations)  
1-Bedroom $100,997 $471 5.60%
2-Bedroom $138,871 $632 5.46%
3-Bedroom $162,858 $689 5.08%
Conception (all locations) avg. Rental Yields 5.38%
VIÑA DEL MAR - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Viña Del Mar (all locations)  
1-Bedroom $136,767 $494 4.33%
2-Bedroom $200,935 $677 4.04%
3-Bedroom $264,085 $804 3.65%
4+Bedroom $420,820 $1,378 3.93%
Viña Del Mar (all locations) avg. Rental Yields 3.99%
CONCÓN - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Concón (all locations)  
1-Bedroom $143,079 $522 4.38%
2-Bedroom $214,618 $723 4.04%
3-Bedroom $324,032 $976 3.61%
4+Bedroom $458,694 $1,378 3.61%
Concón (all locations) avg. Rental Yields 3.91%
TEMUCO - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Temuco (all locations)  
1-Bedroom $102,190 $439 5.16%
2-Bedroom $135,487 $574 5.08%
3-Bedroom $172,230 $666 4.64%
Temuco (all locations) avg. Rental Yields 4.96%
VALPARAÍSO - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Valparaíso (all locations)  
1-Bedroom $132,769 $494 4.46%
2-Bedroom $189,453 $643 4.07%
3-Bedroom $248,284 $712 3.44%
4+Bedroom $454,486 $1,263 3.33%
Valparaíso (all locations) avg. Rental Yields 3.83%
LA SERENA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
La Serena (all locations)  
1-Bedroom $104,784 $505 5.78%
2-Bedroom $164,120 $597 4.37%
3-Bedroom $147,287 $632 5.15%
La Serena (all locations) avg. Rental Yields 5.10%
ANTOFAGASTA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Antofagasta (all locations)  
1-Bedroom $126,246 $672 6.39%
2-Bedroom $168,328 $804 5.73%
3-Bedroom $201,994 $902 5.36%
Antofagasta (all locations) avg. Rental Yields 5.83%
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 and Portalinmobiliario

Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of Chile. We used the local real estate listing website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).

For instance, if the monthly rent is $500 and the purchase price is $100,000, the calculation would be: $500 (Monthly Rent) x 12 / $100,000 (Purchase Price) = 6% (Gross Rental Yield).