Rents in Venezuela compared to Latin America

This is a comparison of median monthly rental prices in the most expensive region of the capital/most important city for a 1-bedroom apartment. The numbers are based on our in-house research.

Mexico, Mexico city $ 1,467
Brazil, Rio De Janeiro $ 965
Colombia, Medellin $ 830
Peru, Lima $ 715
Uruguay, Montevideo $ 710
Argentina, Buenos Aires $ 650
Chile, Santiago $ 375

Venezuela has no house price statistics, but there are construction cost time-series at the Banco Central de Venezuela site, which also has general statistics. There are also statistics at the Instituto Nacional de Estadist'ca under the Ministerio del Poder Popular para la Planificaci'n y Desarrollo.