Property Prices in Medellin, Colombia

Index Info
Price to Income Ratio: 19.48
Mortgage as Percentage of Income: 230.83%
Loan Affordability Index: 0.43
Price to Rent Ratio - City Centre: 18.26
Price to Rent Ratio - Outside of Centre: 10.95
Gross Rental Yield (City Centre): 5.48%
Gross Rental Yield (Outside of Centre): 9.14%
Rent Per Month
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1 Bedroom Apartment in City Centre Col$2,575,000.00 1,500,000.00-4,534,698.03
1 Bedroom Apartment Outside of City Centre Col$1,913,375.98 1,000,000.00-2,500,000.00
3 Bedroom Apartment in City Centre Col$4,811,251.08 3,600,000.00-8,320,000.00
3 Bedroom Apartment Outside of City Centre Col$3,387,692.31 2,300,000.00-5,500,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre Col$969,342.25 464,511.33-1,189,149.02
Price per Square Feet to Buy Apartment Outside of Centre Col$421,381.46 371,609.07-650,315.87
Salaries And Financing
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Average Monthly Net Salary (After Tax) Col$1,920,690.62
Annual Mortgage Interest Rate (20-Year Fixed, in %) 10.33 10.00-12.00

These data are based on 124 entries from 21 contributors over the past 18 months.
Last update: 14 May 2026

Sources and References
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1 Comments so far
Imtiaz Husain on Jul 04, 2024:
Excellent application. From the comfort and convenience of one's bedroom one can have a very complete and comprehensive information of. The country and city one is interested in. Hats off to your efforts and keep it up.......!