Authored by the expert who managed and guided the team behind the Argentina Property Pack
Yes, the analysis of Buenos Aires' property market is included in our pack
Choosing the right neighborhood in Buenos Aires is crucial for both property investment and quality of life.
Property prices in Buenos Aires range from $1,500 to $5,800 per square meter, with premium areas like Puerto Madero and Palermo commanding the highest prices while emerging neighborhoods like Villa Crespo offer significant growth potential.
If you want to go deeper, you can check our pack of documents related to the real estate market in Argentina, based on reliable facts and data, not opinions or rumors.
Buenos Aires offers diverse neighborhoods catering to different budgets, lifestyles, and investment goals, with areas like Palermo and Recoleta leading for expats while Villa Crespo and Caballito provide excellent value.
Safety varies significantly across neighborhoods, with northern areas like Belgrano and Núñez being the safest, while southern neighborhoods require more caution, particularly at night.
| Neighborhood | Price per m² (USD) | Safety Level | Best For |
|---|---|---|---|
| Puerto Madero | $4,000-$5,800 | Very High | Luxury living, waterfront views |
| Palermo | $3,500-$4,300 | High | Expats, nightlife, restaurants |
| Recoleta | $3,500-$4,300 | Very High | Culture, elegance, families |
| Belgrano | $2,800-$3,500 | Very High | Families, quiet residential |
| Villa Crespo | $2,000-$2,800 | Medium-High | Young professionals, investment |
| Caballito | $1,800-$2,500 | Medium-High | Central location, good value |
| San Telmo | $1,500-$2,200 | Medium | Historic charm, tango culture |
What's your monthly budget in US dollars for rent or mortgage?
Your budget directly determines which Buenos Aires neighborhoods are accessible to you.
For budgets under $500 monthly for rent, consider neighborhoods like Almagro, Caballito, or Barracas where one-bedroom apartments rent for $350-$450. San Telmo offers historic charm with rentals starting around $400 monthly.
With $500-$1,000 monthly, you gain access to better areas like Villa Crespo, Belgrano, or outer Palermo. Two-bedroom apartments in these neighborhoods typically rent for $600-$900, offering better safety and amenities.
Budgets of $1,000-$1,500 open premium neighborhoods like Recoleta and central Palermo. Expect to pay $1,200-$1,400 for quality two-bedroom apartments with modern amenities and excellent locations.
For luxury living above $1,500 monthly, Puerto Madero offers waterfront apartments starting at $1,800, while premium Palermo Soho units can reach $2,000-$2,500 for high-end properties.
How important is safety to you, and do you want crime rate statistics by neighborhood?
Safety varies dramatically across Buenos Aires neighborhoods, making this a crucial factor for property selection.
The safest neighborhoods are concentrated in the north: Belgrano and Núñez have the lowest crime rates in the city. Recoleta, Puerto Madero, and northern Palermo also maintain excellent safety records with regular police presence.
Medium-risk areas include Villa Crespo, Caballito, and central neighborhoods during daytime. San Telmo requires caution, especially at night, due to higher pickpocketing rates around tourist areas.
High-risk neighborhoods to avoid include Barracas (second-highest crime rate), La Boca (except tourist areas during day), Retiro train station area, and Constitución. These areas see higher incidents of motochorro (motorcycle theft) and street crime.
As of June 2025, Buenos Aires has implemented increased police patrols and new surveillance technology, reducing overall crime by 15% compared to 2024. However, petty theft remains common in crowded tourist areas regardless of neighborhood.
Do you want to be close to public transport, and how far are you willing to walk to the nearest subway or bus stop?
Buenos Aires has extensive public transportation, but subway coverage is limited to six lines serving mainly central areas.
For optimal subway access, choose neighborhoods along Lines D, B, or C. Palermo (Line D), Recoleta (Line D), and downtown areas offer subway stations within 2-3 blocks. Line D is particularly valuable, connecting Palermo to downtown in 15 minutes.
All neighborhoods have excellent bus coverage with stops every 2 blocks (approximately 200 meters). Buses run 24/7 with 5-10 minute frequencies during peak hours. Areas like Caballito and Villa Crespo have exceptional bus connectivity despite limited subway access.
Walking distances to transport average 2-4 blocks in central neighborhoods. Belgrano and Núñez residents may walk 4-6 blocks to subway stations but have extensive bus networks. Most Buenos Aires residents consider walking up to 6 blocks acceptable for quality transport access.
It's something we develop in our Argentina property pack.
How long are you comfortable commuting each day, and what's your main mode of transport—subway, walking, car, or bike?
Commute times vary significantly based on neighborhood choice and transportation mode.
Subway commutes from Palermo or Recoleta to downtown average 15-20 minutes. From Belgrano or Caballito, expect 25-35 minutes including connections. The subway operates Monday-Saturday 5:30am-11:30pm, Sunday 8am-10:30pm.
Bus commutes take longer due to traffic: 30-45 minutes from northern neighborhoods to downtown during peak hours. However, buses run 24/7, offering more flexibility than subway schedules.
Cycling is increasingly popular with over 200km of bike lanes. Palermo to downtown takes 20-25 minutes by bike. The city's EcoBici system offers free bike rentals for up to 1 hour on weekdays.
Car ownership is expensive due to import taxes, parking costs ($100-150 monthly), and traffic congestion. Most residents rely on public transport, taxis, or Uber for daily commutes.
Don't lose money on your property in Buenos Aires
100% of people who have lost money there have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.
What's the average rent or property price per square meter in the neighborhoods you're considering?
| Neighborhood | Rent per m²/month (USD) | Purchase Price per m² (USD) | Rental Yield |
|---|---|---|---|
| Puerto Madero | $18-25 | $4,000-$5,800 | 4.5-5.2% |
| Palermo | $15-22 | $3,500-$4,300 | 5.1-6.0% |
| Recoleta | $14-20 | $3,500-$4,300 | 4.8-5.5% |
| Belgrano | $12-18 | $2,800-$3,500 | 5.1-6.2% |
| Villa Crespo | $10-15 | $2,000-$2,800 | 6.0-7.5% |
| Caballito | $9-14 | $1,800-$2,500 | 6.0-7.0% |
| San Telmo | $8-12 | $1,500-$2,200 | 6.4-8.0% |
How many square meters do you ideally need for your home or apartment?
Space requirements significantly impact neighborhood choices and budget allocation in Buenos Aires.
Studio apartments (25-35m²) are ideal for young professionals or short-term residents. Palermo studios start at $80,000, while Villa Crespo offers options from $50,000. These work well for individuals prioritizing location over space.
One-bedroom apartments (40-60m²) suit couples or remote workers needing a home office. Recoleta one-bedrooms range $120,000-180,000, while Caballito offers similar layouts for $80,000-120,000.
Two-bedroom apartments (70-95m²) accommodate small families or roommate situations. Premium neighborhoods like Palermo command $200,000-300,000, while Belgrano offers family-friendly options for $150,000-220,000.
Three-bedroom apartments (100-130m²) suit larger families. Expect $300,000-450,000 in prime areas, or $200,000-300,000 in residential neighborhoods like Belgrano or Caballito. Larger spaces are more affordable outside central areas.
Are you looking for a quiet, residential vibe or a lively, vibrant atmosphere with bars and restaurants?
Buenos Aires neighborhoods offer distinct lifestyle experiences from tranquil residential to bustling nightlife scenes.
For quiet residential living, Belgrano and Núñez provide tree-lined streets, family-oriented amenities, and minimal nightlife disruption. These areas offer parks, schools, and a suburban feel within the city. Residential Caballito also provides calm environments with easy city access.
Vibrant nightlife centers on Palermo, particularly Palermo Soho and Palermo Hollywood. These areas feature world-class restaurants, trendy bars, and clubs operating until dawn. Villa Crespo offers emerging nightlife with artisanal breweries and younger crowds.
San Telmo combines historic atmosphere with weekend energy during the Sunday market. Recoleta offers sophisticated dining and cultural venues without excessive late-night noise.
Puerto Madero provides upscale dining along the waterfront but lacks the authentic neighborhood bar culture found in Palermo or Villa Crespo. Choose based on whether you want to live within the scene or have easy access to it.
Do you need access to international schools or childcare, and how far are you willing to travel for that?
International education options are concentrated in specific Buenos Aires neighborhoods, affecting family housing decisions.
Belgrano hosts several top international schools including Belgrano Day School and St. Andrew's Scots School, making it ideal for expat families. Núñez and northern Palermo also offer convenient access to quality bilingual education.
Recoleta provides access to prestigious institutions like Lincoln American School (20-minute commute) and various language-focused private schools. The neighborhood's central location allows easier travel to multiple school options.
International schools typically require 30-45 minute commutes from most Buenos Aires neighborhoods. Families in Villa Crespo or Caballito should expect longer travel times but benefit from lower housing costs offsetting education expenses.
Private childcare and nannies are common and affordable throughout Buenos Aires, with hourly rates of $3-5. Neighborhoods with established expat communities like Palermo and Belgrano have better networks for finding English-speaking childcare providers.
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's your ideal proximity to parks, green spaces, or waterfront areas for leisure and exercise?
Green spaces significantly impact quality of life and property values across Buenos Aires neighborhoods.
Puerto Madero offers direct waterfront access along the renovated port area with jogging paths, modern parks, and scenic river views. Properties here command premium prices partly due to this unique amenity.
Palermo contains the city's largest park system: Parque Tres de Febrero (Rose Garden), Japanese Garden, and Lagos de Palermo. Residents enjoy extensive green space within walking distance, plus bike paths and outdoor fitness areas.
Recoleta features smaller but well-maintained plazas and proximity to larger Palermo parks. The famous Recoleta Cemetery provides historic green space, while nearby Parque Thays offers recreational facilities.
Belgrano residents access Barrancas de Belgrano park and nearby River Plate sporting facilities. Villa Crespo and Caballito have smaller neighborhood plazas but require travel to major parks. San Telmo offers historic Lezama Park and river access via short trips.
Do you need access to coworking spaces or cafés with reliable Wi-Fi, and how often would you use them weekly?
Buenos Aires has embraced remote work culture, with neighborhood-specific coworking and café infrastructure.
Palermo leads in coworking options with spaces like La Maquinita, Espacio Cowork, and Rayuela averaging $150-300 monthly for unlimited access. The neighborhood's café culture provides hundreds of Wi-Fi enabled spots for casual work.
Villa Crespo has emerged as a tech hub with affordable coworking spaces targeting freelancers and startups. Options like Espacio Trabajo cost $100-200 monthly, making it ideal for budget-conscious remote workers.
Recoleta and downtown areas offer traditional business centers and hotel lobby workspaces. San Telmo's historic cafés provide atmospheric work environments, though Wi-Fi quality varies.
It's something we develop in our Argentina property pack.
For daily remote work, living within Palermo or Villa Crespo provides the most options. Weekly users can access quality spaces from any central neighborhood via 20-30 minute commutes.
Are there specific demographics you'd like to live near—expats, young professionals, artists, families?
Buenos Aires neighborhoods have distinct demographic profiles affecting community feel and networking opportunities.
Palermo attracts the highest expat concentration, particularly in Palermo Soho and Palermo Hollywood. English-speaking communities, international restaurants, and expat-focused services create an international atmosphere. Young professionals and digital nomads predominate.
Belgrano and Núñez appeal to established families, both local and international. These areas feature quieter streets, better schools, and family-oriented amenities. The demographic skews older with higher household incomes.
Villa Crespo draws young artists, designers, and creative professionals. The neighborhood's affordable spaces and emerging cultural scene attract locals in their 20s and 30s pursuing creative careers.
Recoleta hosts an older, more affluent demographic including retired professionals and established families. The neighborhood's elegant atmosphere attracts those seeking sophistication and cultural amenities.
San Telmo combines long-term residents with younger artists and tourists, creating an eclectic mix around the historic tango culture.
How important is walkability to shops, gyms, medical clinics, and daily amenities in your day-to-day life?
Walkability varies significantly across Buenos Aires neighborhoods, affecting daily convenience and lifestyle quality.
Palermo offers exceptional walkability with supermarkets, pharmacies, gyms, and restaurants within 2-3 blocks of most residences. The neighborhood's compact layout and density ensure most daily needs are accessible on foot.
Recoleta provides excellent walkability for shopping and dining, with numerous medical clinics and specialty stores concentrated along major avenues. The area's grid layout makes navigation simple and distances manageable.
Villa Crespo and Caballito offer good neighborhood-level walkability with local shops, small supermarkets, and basic services within walking distance. However, specialized shopping or entertainment may require travel to central areas.
Belgrano's residential character means longer walks to commercial areas, though the neighborhood contains all necessary amenities. San Telmo's historic layout creates pockets of high walkability around main squares but can involve longer distances between services.
It's something we develop in our Argentina property pack.
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.
Choosing the right Buenos Aires neighborhood depends on balancing budget, lifestyle preferences, safety requirements, and long-term goals.
As of June 2025, neighborhoods like Villa Crespo and Caballito offer the best combination of affordability, growth potential, and quality of life for most buyers and renters.
Sources
- TheLatinvestor - 6 hottest real estate areas in Buenos Aires in 2025
- TheLatinvestor - 15 strong forecasts for real estate in Buenos Aires in 2025
- The Wandering Investor - Buenos Aires Real Estate Market: 2025 Investor Guide
- TheLatinvestor - 12 strong trends for 2025 in Buenos Aires property market
- Expatriate Consultancy - Is Buenos Aires Safe in 2025?
- Secrets of Buenos Aires - Buenos Aires Public Transport: getting around
- TheLatinvestor - 12 market data about Buenos Aires' real estate market (2025)
- TheLatinvestor - 15 stats for the Buenos Aires real estate market in 2025