Property Prices in Colombia

Index Info
Price to Income Ratio: 17.40
Mortgage as Percentage of Income: 243.44%
Loan Affordability Index: 0.41
Price to Rent Ratio - City Centre: 19.23
Price to Rent Ratio - Outside of Centre: 18.21
Gross Rental Yield (City Centre): 5.20%
Gross Rental Yield (Outside of Centre): 5.49%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,495,300.61 Col$ 900,000.00-2,806,431.52
Apartment (1 bedroom) Outside of Centre 1,222,862.83 Col$ 700,000.00-2,000,000.00
Apartment (3 bedrooms) in City Centre 2,798,942.56 Col$ 1,700,000.00-5,000,000.00
Apartment (3 bedrooms) Outside of Centre 2,297,623.32 Col$ 1,400,000.00-4,000,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 593,463.63 Col$ 346,060.94-929,022.67
Price per Square Feet to Buy Apartment Outside of Centre 460,311.59 Col$ 278,706.80-650,315.87
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,630,174.18 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.93 9.75-18.00

These data are based on 890 entries from 153 contributors over the past 18 months.
Last update: April 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References

By City in Colombia

Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Barranquilla 8.8 6.8 7.8 14.6 12.9 102.2 1.0
Bogota 20.2 5.2 5.8 19.2 17.3 292.3 0.3
Cali 11.1 6.2 5.6 16.2 18.0 147.9 0.7
Medellin 17.3 5.8 5.9 17.3 17.0 248.9 0.4
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