Studio apartment in Palermo near Plaza Serrano

Studio apartment in Palermo near Plaza Serrano

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

Studio · 1 bath · Palermo · Honduras Al 4986. Entre Gurruchaga Y Serrano, Palermo, Capital Federal

Listing verdict

Better options exist, 44% below the median

Seen today on MercadoLibre.Rankings are based on estimated fit and cost. Landlords cannot pay to rank higher.
US$ 393 plus US$ 66 of building fees: US$ 459 a month.
You need US$ 786 to move in, including a refundable US$ 393 deposit.
Guarantee: the ad does not say what it accepts. Ask when you contact them.
Asking US$ 393: 44% below its segment median in Palermo (US$ 700, 861 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 32 days; this one has been up at least 97.
In the last 30 days, 15 new listings appeared in this segment that would beat this one for your profile and are still available. In the same period, 368 listings in this segment appeared and already left the market.

What holds it back
Street noise

The best alternatives in your segment

Listing: Studio, Palermo US$ 479 · +US$ 87/mo Quiet location

Listing: Studio, Palermo US$ 492 · +US$ 98/mo Heating Your candidate: #31 Departamento Alquiler US$ 393

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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 103 verified listings in Palermo, all-in cost computed.

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About this place

Studio apartment for rent on Honduras street, in Palermo, a few metres from Plaza Serrano. The unit is street-facing and includes a cooktop, upper and lower kitchen cabinets, a refrigerator, a storage wardrobe and a full bathroom. Building fees and utilities are not specified.

Original listing text

As published in the source listing

Listing terms

Furnished: yes
Contract term: not stated in the listing

Amenities

Comfort

Kitchen

Stove

Outdoor

Balcony

Location

7 places within walking distance

Lado V Restaurant 1 min walk
Plazoleta Julio Cortázar Plaza 2 min walk
Starbucks Café 2 min walk
El Salvador y Borges Bus 4 min walk
SportClub Palermo Gym 5 min walk
Honduras BRT 8 min walk
Plaza Italia Metro 18 min walk

≈ US$ 393/month(AR$ 600,000)

+ US$ 66 Building fees/month

Palermo · US$ 451-US$ 800/month · 2,321 listings · below typical range

Monthly costs

Rent US$ 393
Building fees US$ 66
Estimated utilities US$ 86
All-in monthly US$ 545

At signing

First month rent US$ 393
Security deposit US$ 393
Total at signing US$ 786

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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Any agency commission is charged by the listing side, and going direct through the original listing does not remove it. We receive no part of it and never charge you for going direct. The Scout is optional renter-side support, paid only at signing. Who works for whom

Premium Scout, optional: one month of the rent you sign, only when you sign and only for a listing the Scout worked for you. One rule whichever apartment you choose, minimum USD 500. Founding pilot through August 31 or first 10 deals: half fee (the USD 500 minimum still applies).

View on Mercado Libre

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.