Property Prices in Arequipa, Peru

Index Info
Price to Income Ratio: 11.37
Mortgage as Percentage of Income: 179.64%
Loan Affordability Index: 0.56
Price to Rent Ratio - City Centre: 24.02
Price to Rent Ratio - Outside of Centre: 19.17
Gross Rental Yield (City Centre): 4.16%
Gross Rental Yield (Outside of Centre): 5.22%

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Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre S/.1,218.00 700.00-2,290.00
1 Bedroom Apartment Outside of City Centre S/.812.17 600.00-991.00
3 Bedroom Apartment in City Centre S/.2,488.00 2,000.00-3,220.00
3 Bedroom Apartment Outside of City Centre S/.1,440.00 1,200.00-1,560.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre S/.629.08 568.56-929.02
Price per Square Feet to Buy Apartment Outside of Centre S/.313.52 280.66-338.16
Salaries And Financing
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Average Monthly Net Salary (After Tax) S/.2,231.12
Annual Mortgage Interest Rate (20-Year Fixed, in %) 15.00

These data are based on 56 entries from 10 contributors over the past 18 months.
Last update: 7 May 2026

Sources and References
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