The latest index of Zonaprop acted as a trigger: the platform reported that rents in the city of Córdoba had risen 51.8% in the last 12 months and put the average value of a one-room apartment at approx $544,259 monthly.
However, Lucas Péndola, the new head of the College of Real Estate Professionals, called for the focus of the discussion to shift. In dialogue with After office (Punto a Punto Radio 90.7) explained that the market is not explained by “a number” and that in practice the pocket is defined by a much larger sum than the published rent.
Real estate market in Córdoba: more supply and rising prices, but increasing vacancies
A “normalization” with old contracts and new rules
Péndola framed the situation in the new scenario that has opened up since the repeal of the rental law, with freedom of contract and, at the same time, contracts that continue to run under previous frameworks. In this regard, he warned that some agreements, if updated, will be “excluded from the market,” but he made a comparison to put the climate of concern into perspective: “If we compare the values at which we are renting today and go back to December 2023, I would tell you today that we are renting in some cases up to 15% below 2023 values. Why? There were no properties back then.”.
His interpretation is that two years later the traditional offer returned and the tenant had the choice again: “There are properties available,” he emphasized.
December without a student “peak”: the data that changed the pulse
Referring to the month that has caused tension in the market in the past, Péndola claimed that this time, unlike other years, student demand, which usually “destroys” rental opportunities in the middle of the high season, was not felt.
He said it bluntly: “If we talk about the month of December, the hottest month, with all this mass of students coming to the city of Córdoba and destroying the buildings, the reality is that this has not happened this year. It has not happened for several reasons. First, the economic factor and second, the spread of virtual courses.”.
As he explained, many families are choosing to have their children learn remotely and stay in their hometown, a change that is having a significant impact on the capital’s rental market.
The real value is between $350,000 and $700,000 and the premium is over $750,000
In order not to remain average, Péndola has drawn concrete ranges. He noted that for a one-bedroom apartment aimed at students “We could be talking about 350,000 pesos” in areas like the Center or Alberdi and “stretch” ourselves up to $700,000 in Nueva Córdoba, also depending on the cost of the building.
And for the highest category, he described a “premium” with amenities and security that can go up $750,000 to $800,000.
Regarding the geography of the offer, this was pointed out New Cordoba as the main pole, followed by General peace and then by sectors like Cofico And Alta Cordobaalways with proximity to the university as a determining factor for the student public.
Rents in Córdoba increased by 51.8% in 2025, exceeding the inflation rate: the report of a classifieds website
“It asks you how much life costs”: expenses and expenses like “other rent”
Péndola emphasized that the tenant no longer pays attention only to the contract amount, but to the final figure of each month, with taxes, services and expenses being a crucial part: “Today the tenant no longer asks you how much the rent costs, but instead asks you how much it costs to live in a certain point in the city and gives a total. So we now know that in some areas the additional costs represent up to 100% of the rent, in others more.”.
Péndola thus located the “pain point” of the moment: not necessarily the published rent, but the total amount that makes it difficult to maintain the house.
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