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Rental yield in Medellín, by neighborhood

Buying an apartment to rent out in Medellín yields about 7.5% gross a year: a square meter rents for COP 48,300 a month and sells for COP 7,700,000 (roughly 13 years of rent to pay the price). Highest yields: Poblado San Lucas (10.9%), Centro (10.8%), San Bernardo (9.5%); lowest: Campo Amor (4.1%), La Abadia (5.1%), El Poblado El Tesoro (5.3%).

7.5%gross yield / year
COP 48,300rent per m² / month
COP 7,700,000sale per m²
13 yrsof rent = the price

Rent per m² × 12 ÷ sale price per m², medians of today's listings, unfurnished apartments of 40 to 200 m² on both sides. Not investment advice.

NeighborhoodGross yieldRent / m² / moSale / m²
Poblado San Lucas10.9%COP 70,800COP 7,820,000
Centro10.8%COP 36,300COP 4,020,000
San Bernardo9.5%COP 35,700COP 4,520,000
La Candelaria9.5%COP 40,200COP 5,100,000
Cristo Rey9.4%COP 44,700COP 5,690,000
Enciso9.4%COP 33,300COP 4,250,000
Los Conquistadores9.4%COP 37,200COP 4,750,000
Aguacatala9.2%COP 50,600COP 6,580,000
Bombona No 19.1%COP 36,500COP 4,830,000
Astorga8.9%COP 56,000COP 7,530,000
Villa Hermosa8.9%COP 29,500COP 4,000,000
Prado8.8%COP 29,600COP 4,020,000
Barrio Cristobal8.7%COP 38,000COP 5,210,000
Loma Del Campestre8.7%COP 53,300COP 7,320,000
Granizal8.7%COP 54,500COP 7,510,000
Las Lomas8.6%COP 57,000COP 7,940,000
Caicedo8.5%COP 25,600COP 3,600,000
Belen Los Alpes8.4%COP 37,300COP 5,310,000
Villa Nueva8.3%COP 30,100COP 4,330,000
Santa Fe8.3%COP 54,800COP 7,930,000
San Joaquin8.3%COP 38,900COP 5,640,000
Las Lomas No 18.2%COP 54,100COP 7,880,000
Prado Centro8.2%COP 29,900COP 4,370,000
Los Angeles8.1%COP 26,800COP 3,960,000
Robledo8.1%COP 33,200COP 4,910,000
La Concha8.1%COP 51,300COP 7,610,000
Palmas8.1%COP 69,000COP 10,270,000
La Loma Del Indio8.1%COP 52,000COP 7,740,000
Los Balsos No 28.1%COP 52,500COP 7,820,000
Manrique Central8.1%COP 21,300COP 3,180,000
Oviedo8.0%COP 52,300COP 7,810,000
El Salvador8.0%COP 26,700COP 4,000,000
Boston8.0%COP 33,800COP 5,090,000
Medellin8.0%COP 45,000COP 6,790,000
Robledo Pajarito7.9%COP 34,500COP 5,240,000
Pajarito7.9%COP 32,700COP 5,000,000
San Lucas7.8%COP 52,700COP 8,070,000
Aranjuez7.8%COP 28,000COP 4,290,000
La America7.8%COP 38,000COP 5,870,000
Loma Del Indio7.8%COP 51,700COP 8,000,000
San Diego7.8%COP 50,000COP 7,740,000
Guayabal7.7%COP 48,500COP 7,540,000
Estadio7.7%COP 38,500COP 5,990,000
Alejandria7.7%COP 54,900COP 8,590,000
Patio Bonito7.6%COP 47,500COP 7,460,000
Loma De San Julian7.6%COP 48,800COP 7,680,000
Milla De Oro7.6%COP 55,000COP 8,670,000
Calasanz Parte Alta7.6%COP 42,000COP 6,640,000
Belen Rincon7.6%COP 35,100COP 5,560,000
Simon Bolivar7.6%COP 34,700COP 5,510,000
Envigado7.5%COP 52,300COP 8,330,000
Loma Benedictinos7.5%COP 49,500COP 7,890,000
Poblado7.5%COP 55,200COP 8,820,000
La Visitacion7.5%COP 54,900COP 8,790,000
Antonio Narino7.4%COP 30,000COP 4,850,000
Loma De Los Balsos7.4%COP 52,900COP 8,610,000
Zuniga7.4%COP 49,700COP 8,080,000
Los Balsos7.4%COP 55,600COP 9,050,000
Buenos Aires7.3%COP 30,000COP 4,910,000
Santa Teresita7.3%COP 41,200COP 6,740,000
San Antonio De Prado7.3%COP 29,800COP 4,900,000
La Calera7.3%COP 62,000COP 10,200,000
La Aguacatala7.3%COP 45,800COP 7,530,000
Santa Maria De Los Angeles7.3%COP 52,000COP 8,580,000
Belen San Bernardo7.3%COP 32,700COP 5,410,000
Belen7.3%COP 40,000COP 6,610,000
Calasanz7.3%COP 40,000COP 6,620,000
Santa Monica7.3%COP 31,300COP 5,170,000
La Linde7.2%COP 56,700COP 9,390,000
La Frontera7.2%COP 47,400COP 7,860,000
Castropol7.2%COP 52,900COP 8,820,000
Via Las Palmas7.2%COP 54,500COP 9,130,000
La Pilarica7.2%COP 39,100COP 6,550,000
Pilarica7.1%COP 38,900COP 6,540,000
Los Naranjos7.1%COP 54,800COP 9,220,000
Laureles Nogal7.1%COP 36,700COP 6,180,000
Laureles7.1%COP 40,800COP 6,880,000
La Tomatera7.1%COP 51,400COP 8,690,000
Santa Rosa De Lima7.1%COP 42,000COP 7,100,000
Simesa7.1%COP 57,900COP 9,800,000
San Gabriel7.1%COP 30,400COP 5,140,000
El Tesoro7.1%COP 54,400COP 9,210,000
El Poblado7.1%COP 52,700COP 8,930,000
El Poblado Loma Del Indio7.0%COP 46,200COP 7,860,000
Loma De Los Gonzalez7.0%COP 60,000COP 10,230,000
Loma De Los Parra7.0%COP 48,400COP 8,280,000
Belen Rosales7.0%COP 36,500COP 6,250,000
El Campestre7.0%COP 52,100COP 8,980,000
Poblado Castropol7.0%COP 55,700COP 9,620,000
Santa Lucia7.0%COP 30,700COP 5,290,000
Alto De Las Palmas7.0%COP 59,600COP 10,290,000
Shellmar6.9%COP 49,700COP 8,580,000
La Florida6.9%COP 46,600COP 8,080,000
Belen Loma De Los Bernal6.9%COP 45,000COP 7,860,000
San Javier6.9%COP 27,600COP 4,820,000
Rodeo Alto6.9%COP 37,100COP 6,500,000
Provenza6.8%COP 58,000COP 10,200,000
Los Colores6.8%COP 44,200COP 7,780,000
Sabaneta6.8%COP 41,200COP 7,270,000
La Milagrosa6.8%COP 26,200COP 4,620,000
Av Las Palmas6.8%COP 59,900COP 10,600,000
Los Parra6.8%COP 50,000COP 8,860,000
Bolivariana6.8%COP 35,400COP 6,280,000
Florida Nueva6.8%COP 32,500COP 5,760,000
Velodromo6.7%COP 35,000COP 6,230,000
San German6.7%COP 46,400COP 8,290,000
Los Balsos 16.7%COP 47,800COP 8,620,000
Belen Alameda6.6%COP 44,100COP 7,970,000
Belen Malibu6.6%COP 41,600COP 7,540,000
El Velodromo6.6%COP 35,000COP 6,350,000
Asomadera No 26.6%COP 59,200COP 10,800,000
Belen Fatima6.6%COP 38,700COP 7,060,000
Urbanizacion Las Cumbres6.5%COP 51,500COP 9,430,000
Vizcaya6.5%COP 48,400COP 8,860,000
Transversal Inferior6.5%COP 47,900COP 8,790,000
Ciudad Del Rio6.5%COP 57,000COP 10,510,000
Altos Del Poblado6.5%COP 60,700COP 11,230,000
Las Palmas6.4%COP 56,300COP 10,490,000
Loma De Los Bernal6.4%COP 41,900COP 7,870,000
Conquistadores6.4%COP 39,700COP 7,460,000

FAQ

What is the rental yield in Medellín?

Buying an apartment to rent out in Medellín yields about 7.5% gross a year: a square meter rents for COP 48,300 a month and sells for COP 7,700,000 (roughly 13 years of rent to pay the price). Highest yields: Poblado San Lucas (10.9%), Centro (10.8%), San Bernardo (9.5%); lowest: Campo Amor (4.1%), La Abadia (5.1%), El Poblado El Tesoro (5.3%). Gross, with asking prices: before building fees, property tax, vacancy and taxes. Not investment advice.

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