Chile House Prices, Rents & Rental Yields (2026)
How much property costs in Chile, what it rents for and how that compares with neighbouring markets in Latin America and the Caribbean. City-centre prices per m² rank 1 of 10 in this comparison; gross yields rank 9 of 10.
- Apartment price per m² (city centre)
- $2,813
- 2023
- Apartment price per m² (outside centre)
- $2,449
- 2023
- Gross rental yield (city centre)
- 4.3%
- 2024
- Price-to-income ratio
- 17.5
- 2024
- Rent: 1-bedroom, city centre
- $525/mo
- 2023
- Mortgage interest rate (20-year fixed)
- 5.3%
- 2023
Price and rent trends in Chile
Latest property market indicators
| Indicator | Value | Year | Change | Source |
|---|---|---|---|---|
| Apartment price per m² (city centre)Average asking price per square metre to buy an apartment in city centres | $2,813 | 2023 | +14.6% vs 2022 | Numbeo |
| Apartment price per m² (outside centre)Average price per square metre to buy an apartment outside city centres | $2,449 | 2023 | -8.4% vs 2022 | Numbeo |
| Price-to-income ratioMedian apartment price divided by median annual disposable family income | 17.5 | 2024 | +12.2% vs 2023 | Numbeo |
| Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments | 4.3% | 2024 | -0.2 pp vs 2023 | Numbeo |
| Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments | 23.5 | 2024 | +5.4% vs 2023 | Numbeo |
| Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre | $525/mo | 2023 | +5.8% vs 2022 | Numbeo |
| Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre | $422/mo | 2023 | -7.3% vs 2022 | Numbeo |
| Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre | $911/mo | 2023 | +3.8% vs 2022 | Numbeo |
| Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre | $753/mo | 2023 | -9.4% vs 2022 | Numbeo |
| Mortgage interest rate (20-year fixed)Average yearly mortgage interest rate, 20-year fixed | 5.3% | 2023 | +0.3 pp vs 2022 | Numbeo |
Year-by-year data
| Year | Apartment price per m² (city centre) | Apartment price per m² (outside centre) | Price-to-income ratio | Gross rental yield (city centre) | Price-to-rent ratio (city centre) | Rent: 1-bedroom, city centre | Rent: 1-bedroom, outside centre | Rent: 3-bedroom, city centre | Rent: 3-bedroom, outside centre | Mortgage interest rate (20-year fixed) |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | — | — | 17.5 | 4.3% | 23.5 | — | — | — | — | — |
| 2023 | $2,813 | $2,449 | 15.6 | 4.5% | 22.3 | $525/mo | $422/mo | $911/mo | $753/mo | 5.3% |
| 2022 | $2,455 | $2,673 | 17.2 | 3.9% | 25.6 | $496/mo | $455/mo | $877/mo | $830/mo | 5.1% |
| 2021 | $2,570 | $2,068 | 17.6 | 3.9% | 25.7 | $482/mo | $437/mo | $862/mo | $810/mo | 6.1% |
| 2020 | $2,365 | $1,985 | 14.9 | 4.3% | 23 | $416/mo | $351/mo | $758/mo | $610/mo | 4.0% |
| 2019 | $2,078 | $1,994 | 13.5 | 4.3% | 23.4 | $447/mo | $402/mo | $835/mo | $694/mo | 3.6% |
| 2018 | $2,653 | $2,425 | 13.1 | 4.4% | 22.9 | $519/mo | $429/mo | $936/mo | $802/mo | 4.1% |
| 2017 | $2,218 | $1,902 | 10.7 | 4.4% | 22.6 | $450/mo | $367/mo | $787/mo | $677/mo | 4.4% |
Chile compared with Latin America and the Caribbean
| Country | Apartment price per m² (city centre) | Gross rental yield (city centre) | Price-to-income ratio | Mortgage interest rate (20-year fixed) |
|---|---|---|---|---|
| Chile | $2,813 | 4.3% | 17.5 | 5.3% |
| Argentina | $2,312 | 3.0% | 21.1 | 98.0% |
| Bolivia | $1,120 | 5.7% | 12.8 | 7.7% |
| Brazil | $1,778 | 4.5% | 16.5 | 10.8% |
| Colombia | $1,241 | 4.8% | 18.7 | 14.7% |
| Costa Rica | $1,659 | 7.0% | 9.4 | — |
| Dominican Republic | $1,450 | 7.4% | 15.5 | 14.2% |
| Ecuador | $1,214 | 6.1% | 11.3 | 10.9% |
| Mexico | $1,852 | 7.7% | 10.7 | 11.4% |
| Panama | $2,519 | 8.7% | 11.1 | 6.3% |
Related
Prices, rents, yields and mortgage rates: Numbeo (crowd-sourced, national averages of city data). Values in US dollars.