Argentina: Rental Market Sees Greater Supply but Ongoing Affordability Challenges
Argentina’s rental market is going through a transition period marked by significant changes in its dynamics. After several years of severe housing shortages, rental supply has started to recover noticeably, although availability remains uneven and continues to coexist with high prices and new forms of market segmentation.
Between 2020 and 2023, the sector experienced a historic supply crisis driven by high inflation, macroeconomic uncertainty, and a rigid regulatory framework that discouraged property owners from offering units for rent. This combination led to a sustained reduction in available inventory and increasing informality, as many landlords chose to withdraw properties from the market.
The situation began to shift following the repeal of the Rental Law through Emergency Decree 70/2023, which introduced significant deregulation to the sector. Since then, rental supply has shown a rapid recovery. In the City of Buenos Aires, for example, the number of available properties increased considerably.
By 2025, the market was already showing signs of reorganization, with rental supply surpassing the lows recorded in 2023. However, this growth was also accompanied by signs of oversupply in certain segments, including lower occupancy levels and reduced profitability.
Despite the overall improvement, availability remains uneven. Areas with stronger connectivity, services, and proximity to business districts — such as certain neighborhoods in the City of Buenos Aires and the northern corridor of Greater Buenos Aires — continue to show relatively limited inventory and high turnover rates. In contrast, other areas have a larger number of listings but longer absorption periods, reflecting an increasingly fragmented market.
At the same time, prices remain under pressure. During 2025, rental prices recorded significant increases, reflecting both ongoing inflationary pressures and the market adjustment following deregulation.
Today, the market presents seemingly contradictory signals: a greater supply of available properties alongside continued affordability challenges. Although the recovery in supply has partially eased the severe shortages seen in previous years, it has not resolved the structural issues related to affordability, economic volatility, and the lack of long-term predictability.
As a result, Argentina’s rental market is entering a period of greater dynamism and broader housing options, while still facing tensions between availability, pricing, and accessibility that continue to shape its evolution.
Source:iProfesional, Infobae, Mercado Libre, iProUP
Need personalized guidance?
Our international mobility experts can support you with immigration, relocation and global compliance processes.
Contact an expert