Gross rental yields in Colombia: Bogota and 6 other cities
The average gross rental yield in Colombia stands at 6.97% (Q2, 2025). Previously, in Q1 2024, the rental yield was 7.24%.
Cities and areas compared
- Bogota
- Medellin
- Cali
- Barranquilla
- Cartagena
- Santa Marta
- Bello
Historical rental yields in Colombia
View the full rental yield dataset (2023 - Present)
| Last Updated: Apr. 25, 2025 Next Update: October 2025 |
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| BOGOTÁ - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Usaquen | |||
| 1-Bedroom | $88,120 | $481 | 6.55% |
| 2-Bedroom | $123,411 | $653 | 6.35% |
| 3-Bedroom | $208,851 | $1,370 | 7.87% |
| 4+Bedroom | $450,928 | $3,560 | 9.47% |
| Chapinero | |||
| 1-Bedroom | $76,657 | $427 | 6.68% |
| 2-Bedroom | $123,411 | $617 | 6.00% |
| 3-Bedroom | $201,731 | $1,068 | 6.35% |
| Bogotá (all locations) | |||
| 1-Bedroom | $84,282 | $505 | 7.19% |
| 2-Bedroom | $108,159 | $658 | 7.30% |
| 3-Bedroom | $183,666 | $1,409 | 9.21% |
| 4+Bedroom | $408,147 | $3,171 | 9.32% |
| Bogotá avg. Rental Yields | 8.25% | ||
| MEDELLÍN - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| El Poblado | |||
| 1-Bedroom | $154,264 | $926 | 7.20% |
| 2-Bedroom | $192,237 | $1,163 | 7.26% |
| 3-Bedroom | $220,717 | $1,424 | 7.74% |
| 4+Bedroom | $332,262 | $2,135 | 7.71% |
| Laureles | |||
| 1-Bedroom | $94,338 | $510 | 6.49% |
| 2-Bedroom | $128,158 | $735 | 6.88% |
| 3-Bedroom | $170,878 | $926 | 6.50% |
| 4+Bedroom | $206,477 | $1,020 | 5.93% |
| Medellín (all locations) | |||
| 1-Bedroom | $128,158 | $712 | 6.67% |
| 2-Bedroom | $132,905 | $926 | 8.36% |
| 3-Bedroom | $168,336 | $1,098 | 7.83% |
| 4+Bedroom | $206,477 | $1,424 | 8.28% |
| Medellín avg. Rental Yields | 7.78% | ||
| CALI - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Cali (all locations) | |||
| 1-Bedroom | $70,724 | $285 | 4.84% |
| 2-Bedroom | $58,027 | $309 | 6.39% |
| 3-Bedroom | $83,065 | $688 | 9.94% |
| 4+Bedroom | $163,758 | $1,104 | 8.09% |
| Cali avg. Rental Yields | 7.31% | ||
| BARRANQUILLA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Barranquilla (all locations) | |||
| 1-Bedroom | $68,232 | $388 | 6.82% |
| 2-Bedroom | $64,079 | $363 | 6.80% |
| 3-Bedroom | $106,798 | $593 | 6.66% |
| 4+Bedroom | $166,131 | $1,068 | 7.71% |
| Barranquilla (all locations) avg. Rental Yields | 7.00% | ||
| CARTAGENA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Cartagena (all locations) | |||
| 1-Bedroom | $142,398 | $684 | 5.76% |
| 2-Bedroom | $142,398 | $664 | 5.60% |
| 3-Bedroom | $154,264 | $792 | 6.16% |
| 4+Bedroom | $379,729 | $1,127 | 3.56% |
| Cartagena (all locations) avg. Rental Yields | 5.27% | ||
| PEREIRA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Pereira (all locations) | |||
| 1-Bedroom | $75,945 | $380 | 6.00% |
| 2-Bedroom | $83,065 | $477 | 6.89% |
| 3-Bedroom | $87,812 | $570 | 7.79% |
| 4+Bedroom | $118,665 | $831 | 8.40% |
| Pereira (all locations) avg. Rental Yields | 7.27% | ||
| BELLO - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Bello (all locations) | |||
| 1-Bedroom | $47,466 | $261 | 6.60% |
| 2-Bedroom | $65,621 | $415 | 7.59% |
| 3-Bedroom | $71,199 | $403 | 6.79% |
| Bello (all locations) avg. Rental Yields | 6.99% | ||
| SANTA MARTA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Santa Marta (all locations) | |||
| 1-Bedroom | $103,476 | $522 | 6.05% |
| 2-Bedroom | $158,536 | $878 | 6.65% |
| 3-Bedroom | $142,398 | $593 | 5.00% |
| Santa Marta (all locations) avg. Rental Yields | 5.90% | ||
| 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 Metrocuadrado |
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Research Methodology:
Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, and 3-bedroom properties across the largest cities in Colombia, comparing median rental prices with median purchase prices to determine gross rental yields.
We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:
(Median Monthly Rent × 12) ÷ Median Purchase Price × 100
For example, if the median monthly rent is $500 and the median purchase price is $100,000, the yield is calculated as:
($500 × 12) ÷ $100,000 = 6% Gross Rental Yield
Note: NET yields vary from country to country, but are usually 1.5-2% lower.