Listing: 1 bedroom, Palermo

Name: Unitrank All-in Cost Index: 1-bedroom rentals in Palermo
Creator: Unitrank
License: https://creativecommons.org/licenses/by-sa/4.0/

1 bedroom · 2 beds · 1 bath · Palermo · Ancon 5300, Las Cañitas, Capital Federal

Listing verdict

Better options exist, 40% below the median

Seen today on MercadoLibre.
US$ 525 plus US$ 262 of building fees: US$ 787 a month.
You need US$ 1,575 to move in: first month plus a US$ 525 deposit, which you get back.
Asking US$ 525: 40% below its segment median in Palermo (US$ 880, 1288 listings).A price this far below the median is a classic bait signal: verify everything before paying anything.
For your profile it ranks #97 of 254 comparables in Palermo.Rankings are based on estimated fit and cost. Landlords cannot pay to rank higher.
Units like this stay listed a median of 30 days; this one has been up 42.
In the last 30 days, 41 new listings appeared in this segment that would beat this one for your profile and are still available. In the same period, 558 listings in this segment appeared and already left the market.

What holds it back
We found nothing material holding it back.

The best alternatives in your segment

Departamento en Alquiler Temporal en Palermo, Capital Federal US$ 500 · −US$ 25/mo Quiet location

Furnished two-room apartment with balcony in Palermo Viejo US$ 620 · +US$ 95/mo Quiet location Your candidate: #97 Las Cañitas, Departamento 2 Ambientes US$ 525

See all 254 →

Computed for 1 adult(s), a 12-month stay and an upfront-payment guarantee. Refine the search to make it yours. · Compared against 254 verified listings in Palermo, all-in cost computed.

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About this place

Summary: 1 bedroom · Palermo · 43 m². Monthly costs: Rent US$ 525, Building fees US$ 262, Estimated utilities US$ 91, All-in monthly US$ 921. Security deposit: US$ 525. Amenities: AC, Stove, Washer, Pool, Balcony.

Original listing text

As published in the source listing

Amenities

Comfort

Kitchen

Stove

Laundry

Washer

Building

Pool

Outdoor

Balcony

Location

8 named places within walking distance

2 Bus 2 min walk
Ministro Carranza Metro 3 min walk
Patio Carranza Plaza 3 min walk
Farmacity Pharmacy 3 min walk
Cofi & Window Café 4 min walk
Pizza Pet Restaurant 4 min walk
Core Gym 8 min walk
Matienzo BRT 11 min walk

≈ US$ 525/month(AR$ 800,000)

+ US$ 262 Building fees/month

Palermo · US$ 557-US$ 1,090/month · 3,457 listings · below typical range

Monthly costs

You pay every month
Rent US$ 525
Building fees US$ 262
Estimated utilities US$ 91
Subtotal US$ 878
Entry costs, spread over 12 months · paid once ↓
Owner's agent fee US$ 43
All-in monthly US$ 921

At signing

First month rent US$ 525
Security deposit US$ 525
Owner's agent fee US$ 525
Total at signing US$ 1,575

The listing states this building fee but never says whether the rent includes it. By market practice the tenant pays it, so we have counted it. Worth confirming before you sign.

The listing agency works for the owner, yet by market practice the tenant pays its commission: the agency controls access to the apartment, so the fee works like a toll.

Costs are estimates. Actual terms depend on negotiation with landlord/agent. Unitrank receives no part of any of these charges. · Calculated for a stay of 12 months

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