Furnished studio apartment in 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 · 1 bath · Palermo · MIGUELETES al 1200

Listing verdict

Better options exist, 56% below the median

Seen yesterday on Argenprop.Rankings are based on estimated fit and cost. Landlords cannot pay to rank higher.
US$ 392 plus US$ 98 of building fees: US$ 490 a month.
You need US$ 784 to move in, including a refundable US$ 392 deposit.
Guarantee: the ad does not say what it accepts. Ask when you contact them.
Asking US$ 392: 56% below its segment median in Palermo (US$ 899, 1185 listings on the market now).A price this far below the median is a classic bait signal: verify everything before paying anything.
Units like this stay listed a median of 30 days; this one has been up 94.
In the last 30 days, 11 new listings appeared in this segment that would beat this one for your profile and are still available. In the same period, 589 listings in this segment appeared and already left the market.

What holds it back
Street noise

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Computed for 1 adult(s), a 12-month stay and an upfront-payment guarantee. Refine the search to make it yours. · Compared against 42 verified listings in Palermo, all-in cost computed.

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About this place

Furnished studio apartment in Palermo, approximately 40 m² total area. Main room with integrated kitchen, lower and upper cabinetry, electric cooktop, fridge, and space for a washing machine. Full bathroom with vanity; double-leaf mirrored closet and a divisible double bed. Apt for professional use; nine-storey building with 3 units per floor and one elevator, near Av. Libertador, Federico Lacroze and Av. Luis María Campos.

Original listing text

As published in the source listing

Listing terms

Furnished: yes
Contract term: not stated in the listing

Amenities

Comfort

WiFi
AC

Kitchen

Stove
Microwave

Location

8 places within walking distance

Migueletes y Teodoro García Bus 2 min walk
Plazoleta Eloy Alfaro Plaza 2 min walk
El Cóndor Pharmacy 2 min walk
La Cafería Café 2 min walk
Al Zein Restaurant 2 min walk
Aires Up Gym 3 min walk
Olleros Metro 13 min walk
Olleros BRT 13 min walk

≈ US$ 392/month(AR$ 600,000)

+ US$ 98 Building fees/month

Palermo · US$ 556-US$ 1,070/month · 3,678 listings · below typical range

Monthly costs

Rent US$ 392
Building fees US$ 98
Estimated utilities US$ 90
All-in monthly US$ 580

At signing

First month rent US$ 392
Security deposit US$ 392
Total at signing US$ 784

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.

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

Guarantee not specified. A garante or caución is usually required here; confirm with the lister before proceeding.

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View on Argenprop

Pay a deposit or rent only once you are inside the apartment, with the keys in hand. A request to pay before you visit, especially crypto-only or into a personal account, is the most common rental scam.