How much does rent cost in Lima Top areas? This is how prices closed in October

Buying an apartment in Miraflores is now more expensive, but in two other areas in Lima TOP, prices have actually dropped. – Credit of the Municipality of Miraflores

A new indicator report has been released Urbania. “The average rental price falls by 0.3% in October and accumulates +3.7% in 2025,” the apartment and house search engine reveals.

“The average rental price for a 100 sqm apartment is 3,187 SGD per month, down 0.3% in October. However, in 2025, the price accumulates +3.7%. In the past 12 months, it has risen significantly Above inflationWhich led to a real increase of 4.3%.

Thus, small apartments They are the ones who have the highest price increase during the year. The area you are driving is in the San Isidro area. “San Isidro Finance The most expensive rent in the city is 4,869 cents per month. Meanwhile, Los Olivos Norte is the cheapest, S/1,373″, adds the report.

For example, this is how the average rental prices were in the areas of Lima in January 2025. – Credit Captura de Urbania

Price takes into account Average apartment rent It consists of three bedrooms, an area of 100 square meters and a parking lot. The average rent for a house like this is SAR 3,187, which is SAR 32 per square meter per month.

Los Olivos: S/1,535
Chorrilos: S/2,422
La Molina: S/2529
Santiago de Surco: S/2737
San Miguel: S/2807
San Borja: S/2829
Free City: S/2874
Lima Fence: S/3,073
Lima index: S/3,187, which is the average price
Magdalena del Mar: S/3211
Jesus Maria: S/3357
Lynx: Q/3,434
Surkilo: S/3457
Miraflores: S/3616
Al-Nasr: Q/3,637
San Isidro: S/3816
Al-Wadi: S/4,091

Likewise, Urbania’s report reveals how prices are determined by neighborhood. It is located in San Isidro Financiero where the rental cost remains the highest, at S$4,869 per month. But, without being Lima Top, Barranco areas also top the prices paid to rent a house.

San Isidro Financiero remains the most sought-after neighborhood, with rents from £4,869
Followed by Barranco Tradicional with a rent of S/4,226
Finally, Nuevo Barranco is also a high-cost area for rental housing, at S$4,087 per month

Barranco is the most expensive area for rental housing, according to Urbania. – Google Maps balance

According to Urbania, Molina It is among the lower-income areas, resulting in much cheaper amounts compared to Lima TOP areas such as Miraflores or San Isidro. Specifically, there are structural and demand reasons behind this difference.

La Molina stands out as an area Mostly residentialwith many single-family homes, large lots, and a low density of high-cost buildings; This composition means that the offer includes large units (large houses or apartments) whose price per square meter may be lower than the price of central areas where there are many studios and small apartments that are in high demand by executives and students.

Likewise, it is its family-friendly nature and orientation towards medium-term rentals (families seeking stability) that reduces the pressure to pay high premiums per square meter, while the distance and travel times to the city’s main employment centers mitigate competition for higher-priced units.