What is the average rent in Córdoba?

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THE LATINVESTOR

A team specialized in real estate investing in LATAM countries

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At The LatinVestor, we explore the Argentine real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Buenos Aires, Córdoba, and Rosario. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

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What are the current average rental prices in Córdoba by neighborhood?

As of September 2025, Córdoba's rental market shows clear price variations across different neighborhoods, with the city average sitting at €9 per square meter per month.

Centro leads the rental market at €9.26 per square meter monthly, making it the most expensive area for tenants but also the most attractive for investors. El Brillante-El Tablero-Valdeolleros commands the highest rents at €9.77 per square meter, reflecting its desirability and modern amenities.

Sagunto-Fátima-Levante follows closely at €9.31 per square meter, while Campo de la Verdad-Sector Sur-Guadalquivir offers more affordable options at €8.27 per square meter among central zones. The most budget-friendly area remains Periurbano-Alcolea-Santa Cruz-Villarrubia-Trassierra at €7.78 per square meter, representing a 20% discount compared to the most expensive neighborhoods.

For an 80-square-meter apartment, tenants can expect to pay approximately €720 monthly in average neighborhoods, with variations ranging from €622 in peripheral areas to €781 in premium central locations.

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How do rental prices differ between apartments, houses, and studios?

Property type significantly impacts rental prices in Córdoba, with apartments dominating the rental market and offering the most variety in pricing.

One-bedroom apartments in central areas command €600-700 monthly, while similar properties in outskirt neighborhoods range from €400-500. Three-bedroom apartments show a premium of approximately 40-50%, with central locations reaching €800-900 monthly compared to €650-750 in peripheral areas.

Studio apartments, typically around 45 square meters, rent for approximately €540-630 in central areas, making them attractive options for students and young professionals. Houses vary significantly in price depending on size and location, with rental rates often starting above €700 monthly for decent-sized properties with gardens.

Student rooms in shared accommodations represent the most affordable option, ranging from €230-360 monthly in central areas. These shared arrangements are particularly popular near universities and hospitals, where demand from students and medical residents remains consistently high throughout the academic year.

What's the typical rent per square meter for different property sizes?

Property Size Category	Size Range	Price per m² Monthly
Small properties	Studios, 1-bed, under 60m²	€9-11
Medium properties	2-3 bedrooms, 60-100m²	€8.5-9.5
Large properties	Houses, 100m²+	€7-9
Premium locations	Any size in El Brillante	€9.5-10.5
Budget areas	Any size in Periurbano	€7-8
Student accommodations	Single rooms	€12-18 (per room)
Luxury units	Any size, premium finish	€11-15

How much does total rent cost including all fees and taxes?

Beyond the base rent, tenants in Córdoba should budget for additional costs that typically add €180-250 to monthly housing expenses.

Utilities represent the largest additional expense, averaging €150 monthly for a typical family apartment. This includes electricity, water, gas, and waste collection services. Community fees, when not included in the rent, range from €30-60 monthly for apartment buildings with shared amenities like elevators, gardens, or security services.

Agency fees typically equal one month's rent and are paid upfront when signing a lease agreement. Some landlords may negotiate this fee, particularly for long-term contracts or during slower rental periods. Security deposits usually amount to one or two months' rent, depending on the property and tenant profile.

Property taxes (IBI) are generally the owner's responsibility, typically ranging from €300-700 annually, so tenants don't need to factor this into their monthly budget. However, some rental agreements may include clauses requiring tenants to cover increases in property taxes during the lease term.

How do monthly mortgage payments compare to rental income for investors?

For property investors in Córdoba, mortgage payments and rental income often align closely, making buy-to-let investments financially viable in the current market.

A typical €150,000 property financed over 25 years at 3-4% fixed interest rates generates monthly mortgage payments of €750-800, covering only principal and interest. Market rent for similar properties ranges from €700-900 monthly, meaning well-located properties can generate rental income that meets or exceeds mortgage obligations.

However, investors must account for additional ownership costs including community fees (€30-60 monthly), property management (5-10% of rental income), maintenance reserves, insurance, and property taxes. These additional expenses typically add €150-250 to monthly costs, requiring rental premiums to achieve positive cash flow.

Central neighborhoods and university areas offer the best rent-to-mortgage ratios, with some properties generating 5-6% gross yields. Peripheral areas may require larger down payments to achieve positive cash flow, but offer better long-term appreciation potential as the city expands.

What are the best rental strategies for short-term versus long-term tenants?

Córdoba's rental market offers distinct opportunities for both short-term and long-term rental strategies, each with specific regulatory requirements and yield potential.

Short-term rentals (Airbnb-style, under 60 days) can achieve yields up to 6.3%, particularly in central and touristic districts. However, new 2025 Andalusia regulations require community approval for legal short-term lets, creating additional paperwork and limiting the number of permits available. Properties successfully operating as short-term rentals achieve median occupancy rates of 61%, with average daily rates around €90 and approximately 223 booked nights annually.

Long-term rentals offer more stability with average yields of 5-6% and significantly less regulatory complexity. The traditional student and professional market provides consistent demand, especially for properties near universities and medical facilities. Academic contracts running from September to June are particularly common, aligning with university calendars.

Investors should consider that short-term rentals require higher initial investment in furnishing and ongoing management time, while long-term rentals offer more predictable income streams with lower operational demands. The choice often depends on location, with central areas favoring short-term strategies and residential neighborhoods performing better with long-term tenants.

Can you provide specific rental price examples for different property types?

Here are concrete rental price examples across Córdoba's property market as of September 2025, based on actual market data.

A one-bedroom apartment of approximately 50-60 square meters in Centro rents for €600-700 monthly, while the same property in outskirt neighborhoods like Periurbano commands €400-500. These apartments typically include a living area, separate bedroom, bathroom, and small kitchen, appealing to young professionals and couples.

Three-bedroom apartments spanning 80-100 square meters range from €800-900 in central locations to €650-750 in peripheral areas. These properties often feature two bathrooms, a larger living space, and sometimes a small balcony or terrace, making them suitable for families or shared accommodations.

Student rooms in shared apartments represent the most affordable option, with individual rooms renting for €230-360 monthly in central areas. These arrangements typically include access to shared kitchen and bathroom facilities, with utilities often included in the rental price.

Luxury apartments with modern amenities, premium finishes, and prime locations command €1,000+ monthly in central areas, dropping to €800+ in well-connected outskirt neighborhoods. These properties often feature amenities like parking spaces, terraces, or access to building facilities like pools or gyms.

What types of renters are most common in Córdoba's market?

1. **Students**: Form the largest renter segment, with high demand concentrated near universities in Ciudad Jardín, Levante, and Centro neighborhoods, with peak activity during September enrollment periods.2. **Young professionals**: Growing rapidly, especially in business and technology sectors, typically seeking one or two-bedroom apartments in well-connected central areas with modern amenities.3. **Families**: Prefer Zoco, Santa Marina, and northern residential areas, often seeking larger properties with gardens, parking spaces, and proximity to schools and healthcare facilities.4. **Medical residents and healthcare workers**: Significant presence near hospitals and medical centers, often requiring flexible lease terms aligned with residency rotations and shift schedules.5. **Expats and retirees**: Increasing presence, mostly attracted to central and historic neighborhoods for cultural amenities, walkability, and access to international services and restaurants.

What are the current vacancy rates across different areas and property types?

Vacancy rates in Córdoba vary significantly by location and property type, with central and student areas maintaining exceptionally low rates throughout most of the year.

Centro and university-adjacent neighborhoods experience vacancy rates below 5%, particularly during the academic year from September to June. These areas benefit from consistent student demand and proximity to major employers, ensuring rapid tenant turnover and minimal void periods.

Peripheral neighborhoods and larger houses experience higher vacancy rates, often reaching 8-12% during slower periods. Properties requiring significant commuting time to universities or central business areas face longer marketing periods, especially during summer months when student demand decreases.

Short-term rental properties achieve median occupancy rates of 61%, translating to approximately 223 booked nights annually. This occupancy rate varies seasonally, with peak performance during spring and fall months when weather conditions attract more visitors to the city.

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We did some research and made this infographic to help you quickly compare rental yields of the major cities in Argentina versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.

What are the average rental yields by area and property type?

Córdoba's rental market delivers attractive yields ranging from 5-6% for well-positioned properties, with specific variations based on location and property characteristics.

Central neighborhoods and university areas achieve the highest yields, often reaching 6% gross annual returns for apartments sized 50-80 square meters. These properties benefit from consistent demand and premium rental rates, justifying their higher purchase prices through strong rental performance.

Short-term rental properties can achieve yields up to 6.3%, particularly for well-equipped tourist accommodations in central zones. However, these properties require higher operational involvement and compliance with stricter regulations introduced in 2025.

Larger houses and luxury properties typically generate lower yields of 4-5%, but offer more stable long-term tenant relationships and potential for capital appreciation. Peripheral areas may show lower current yields but present opportunities for higher returns as the city expands and infrastructure improves.

Properties near hospitals and medical facilities consistently perform well, achieving 5.5-6% yields due to steady demand from healthcare professionals requiring flexible accommodation arrangements.

How have rents and yields changed over the past one and five years?

Córdoba's rental market has experienced steady growth over both recent and medium-term timeframes, reflecting the city's economic stability and growing attractiveness to residents and investors.

Year-over-year rental growth from 2024 to 2025 shows increases of 6-10%, demonstrating strong market momentum while remaining below national inflation rates. This growth reflects improving economic conditions and increased demand from students and professionals choosing Córdoba over more expensive Spanish cities.

Over the five-year period from 2020-2025, property prices have increased approximately 4-5% annually, currently averaging €1,500-1,576 per square meter for residential properties. Despite this price appreciation, rental yields have remained strong due to proportional rent increases and healthy demand fundamentals.

The post-pandemic period has been particularly favorable, with rental markets recovering quickly from 2020-2021 disruptions. New regulations on short-term rentals have actually strengthened yields for compliant operators by reducing oversupply and creating barriers to entry for new competitors.

Rental yield compression has been minimal, indicating that rent growth has kept pace with property price appreciation, maintaining Córdoba's attractiveness as an investment destination compared to other Spanish cities.

What's the forecast for rents and yields over the next one, five, and ten years?

Market experts predict continued stability and growth for Córdoba's rental market across all timeframes, driven by demographic trends and economic development initiatives.

Short-term forecasts for 2026 anticipate continued demand growth with rents and yields remaining stable or rising slightly. New short-term rental regulations will limit supply while tourism remains strong, potentially benefiting compliant operators with increased pricing power and occupancy rates.

Medium-term projections (2025-2030) suggest annual price increases of 4-7%, supported by urban renewal projects and technology sector growth. The city's expanding university system and growing reputation as an affordable alternative to Madrid and Barcelona should sustain rental demand from young professionals and students.

Long-term outlook (2025-2035) remains positive, with infrastructure improvements and regional economic development expected to support continued property appreciation. Córdoba's strategic position in Andalusia and relatively affordable cost of living position it well for sustained growth as Spain's economy continues developing.

Compared to similar Spanish cities, Córdoba offers significantly lower entry costs while maintaining comparable or superior rental yields, making it an attractive option for both domestic and international property investors seeking stable returns.

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Conclusion

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

Sources

1. Idealista - Living in Córdoba guide
2. Indomio - Córdoba real estate market
3. MoverDB - Moving to Córdoba
4. Nestpick - Córdoba rental market
5. Idealista - Room rentals Córdoba
6. Spotahome - Córdoba properties
7. The LatinVestor - Córdoba property analysis
8. HiHomes - Spain 2025 Airbnb regulations
9. The LatinVestor - Córdoba real estate forecasts
10. Global Property Guide - Spain rental yields