Medellín vs Palmira: where is rent cheaper?
Renting in Palmira costs 82% less than in Medellín: the median is COP 850,000 vs COP 4,600,000 a month, across 32,613 live listings. A one-bedroom: COP 3,500,000 in Medellín, COP 760,000 in Palmira.
Data as of October 15, 2026, from live listings on Colombian portals and agencies. Asking prices, in Colombian pesos.
| Medellín | Palmira | |
|---|---|---|
| Median rent | COP 4,600,000 | COP 850,000 |
| Listings today | 32,512 | 101 |
| One bedroom | COP 3,500,000 | COP 760,000 |
| Two bedrooms | COP 4,300,000 | COP 1,000,000 |
| Three or more | COP 5,500,000 | COP 1,150,000 |
| Studio (apartaestudio) | COP 2,700,000 | — |
| Building fee (median) | COP 652,000 | COP 598,000 |
| Typical size | 94 m² | 50 m² |
Cheapest neighborhoods in Medellín
- Antonio Narino: COP 950,000
- Enciso: COP 1,230,000
- Belen Las Mercedes: COP 1,290,000
- Aranjuez: COP 1,350,000
- El Salvador: COP 1,400,000
Cheapest neighborhoods in Palmira
- Las Americas: COP 760,000
FAQ
Is rent cheaper in Medellín or Palmira?
Renting in Palmira costs 82% less than in Medellín: the median is COP 850,000 vs COP 4,600,000 a month, across 32,613 live listings. A one-bedroom: COP 3,500,000 in Medellín, COP 760,000 in Palmira. Data as of October 15, 2026.