Gross rental yields in Colombia: Bogota and 6 other cities
The average gross rental yield in Colombia stands at 7.24% (Q1, 2024). Previously, in Q2 2023 the rental yield was 7.70%.
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: Mar. 18, 2024 Next Update: April 2025 |
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BOGOTÁ - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Usaquen | |||
1-Bedroom | $95,190 | $478 | 6.03% |
2-Bedroom | $132,776 | $745 | 6.73% |
3-Bedroom | $209,308 | $1,540 | 8.83% |
4+Bedroom | $436,594 | $3,595 | 9.88% |
Chapinero | |||
1-Bedroom | $79,614 | $424 | 6.39% |
2-Bedroom | $118,137 | $783 | 7.95% |
3-Bedroom | $223,433 | $1,669 | 8.96% |
4+Bedroom | $352,711 | $2,835 | 9.65% |
Bogotá avg. Rental Yields | 8.05% | ||
MEDELLÍN - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
El Poblado | |||
1-Bedroom | $141,251 | $950 | 8.07% |
2-Bedroom | $166,933 | $1,155 | 8.30% |
3-Bedroom | $195,183 | $1,310 | 8.05% |
4+Bedroom | $321,025 | $2,003 | 7.49% |
Laureles | |||
1-Bedroom | $89,887 | $488 | 6.51% |
2-Bedroom | $140,737 | $848 | 7.23% |
3-Bedroom | $174,124 | $1,079 | 7.44% |
4+Bedroom | $213,160 | $1,413 | 7.95% |
All Locations | |||
1-Bedroom | $110,432 | $770 | 8.37% |
2-Bedroom | $123,273 | $1,002 | 9.75% |
3-Bedroom | $159,228 | $1,156 | 8.71% |
4+Bedroom | $205,456 | $1,670 | 9.75% |
Medellín avg. Rental Yields | 9.15% | ||
CALI - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
All Locations | |||
1-Bedroom | $68,057 | $257 | 4.53% |
2-Bedroom | $56,500 | $308 | 6.54% |
3-Bedroom | $87,318 | $437 | 6.01% |
4+Bedroom | $177,206 | $1,027 | 6.95% |
Cali avg. Rental Yields | 6.01% | ||
BARRANQUILLA - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Barranquilla (all locations) | |||
1-Bedroom | $68,897 | $450 | 7.84% |
2-Bedroom | $66,773 | $385 | 6.92% |
3-Bedroom | $110,432 | $590 | 6.41% |
4+Bedroom | $195,697 | $1,130 | 6.93% |
Barranquilla (all locations) avg. Rental Yields | 7.02% | ||
CARTAGENA - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Cartagena (all locations) | |||
1-Bedroom | $113,000 | $642 | 6.82% |
2-Bedroom | $154,092 | $755 | 5.88% |
3-Bedroom | $160,512 | $899 | 6.72% |
4+Bedroom | $231,138 | $1,284 | 6.67% |
Cartagena (all locations) avg. Rental Yields | 6.52% | ||
PEREIRA - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Pereira (all locations) | |||
1-Bedroom | $64,205 | $385 | 7.20% |
2-Bedroom | $77,046 | $437 | 6.81% |
3-Bedroom | $82,182 | $488 | 7.13% |
4+Bedroom | $115,569 | $681 | 7.07% |
Pereira (all locations) avg. Rental Yields | 7.05% | ||
BELLO - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Bello (all locations) | |||
1-Bedroom | $55,216 | $283 | 6.15% |
2-Bedroom | $64,205 | $411 | 7.68% |
3-Bedroom | $71,909 | $425 | 7.09% |
Bello (all locations) avg. Rental Yields | 6.97% | ||
SANTA MARTA - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Santa Marta (all locations) | |||
1-Bedroom | $97,591 | $501 | 6.16% |
2-Bedroom | $138,297 | $931 | 8.08% |
Santa Marta (all locations) avg. Rental Yields | 7.12% | ||
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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