Housing in Arequipa: price per m², rental, rooms and profitability (October 2026)
Machine-assisted English version of the Spanish original by Aptología. All figures are locked to the original (numbers are copied, not re-translated); if in doubt, the Spanish original prevails.
The district with the most expensive square meter of Arequipa is Cayma, with 4,905 soles (USD 1,428) in the median of apartments for sale; the cheapest in the sample is Cerro Colorado, with 4,390 soles (USD 1,278). The gross implicit return on rent is 5.7% per year.
Abstract: We analyze 570 apartment ads in Arequipa (524 for sale and 46 for rent).
Updated: 18 October 2026 (data from 18 October 2026) · Next update: monthly.
Summary
| Indicator | Value |
|---|---|
| More expensive (sale per m²) | Lime: 4,905 soles (USD 1,428) |
| Cheapest (sale per m²) | Cerro Colorado: 4,390 soles (USD 1,278) |
| Sale per m² (medium) | 4,215 soles (USD 1,227) |
| Gross implicit return | 5.7% |
| Announcements | 570 |
Districts (30 ads or more)
| District | Sale by m² (soles) | Monthly rental (suns) | Announcements (sale / rental) |
|---|---|---|---|
| Cayma | 4,905 | — | 118 / — |
| Yanahuara | 4,765 | — | 47 / — |
| Cerro Colorado | 4,390 | — | 108 / — |
Medium apartments; - indicates less than 30 ads. The rent is monthly, without HOA fee or common costs.
Price per number of rooms
| Rooms | Sales price (medium) | Monthly rental (median) | Announcements (sale / rental) |
|---|---|---|---|
| 2 | 387,180 soles (USD 112,699) | — | 64 / — |
| 3 or more | 533,532 soles (USD 155,299) | 2,900 soles (USD 844) | 414 / 35 |
Frequently asked questions
What is the most expensive district in Arequipa? Cayma, with 4,905 suns (USD 1,428) per m² in apartments for sale (October of 2026).
Where is it cheaper to buy apartment in Arequipa? Among the districts with 30 ads or more, in Cerro Colorado: 4,390 soles (USD 1,278) per m².
How much does an apartment rent in Arequipa? The gross return is 5.7% per year (rent per m² × 12), before expenditure.
Methodology
- Source: night events of the Aptology database (aptologia.com) of 18 October 2026: current housing ads in real estate portals of 13 countries, collected by Aptology and seen online between 11 and 18 October 2026. Court: 18 October of 2026.
- Debugging: exact duplicates (same city, area, type, price, currency, area, rooms and bathrooms) and prices outside the percentile 1 - 99 of each country, operation, currency and type are removed; the price per m² uses only ads with declared area between 12 and 2,000 m² and is also cut to P1-P99.
- What is measured: prices ordered (published), not closing prices. For rent, monthly rent without HOA fee, common expenses or condo.
- Minimum sample: each published figure is based on at least 30 ads; cells with less are omitted.
- Coins: never mix different coin ads without converting them. Conversión a dólares con la tasa de mercado de ExchangeRate-API (open.er-api.com, actualización del 18 Oct 2026): 1 USD = 3,182.80 COP, 1 USD = 18.47 M.N, 1 USD = 5.09 BRL, 1 USD = 3.44 PEN, 1 USD = 982.44 CLP, 1 USD = 1,514.57 ARS, 1 USD = 40.20 UYU, 1 USD = 5,705.37 PYG, 1 USD = 61.27 DOP, 1 USD = 0.89 EUR, 1 USD = 11.72 BOB; la UF chilena a 41,178.64 CLP (mindicador,cl. 18-oct-2026). The ads published in dollars are used as they are.
- Coins: sale in suns and rental in suns, the majority currency of each operation; listings in another currency are excluded. Dollar equivalencies with the above rate.
- Limitations: The coverage depends on the portals that travel Aptology in each country and is greater in large cities and in the medium-high and high segments; the area is the one that declares the announcement, unverified; the area names come from the portals.
- Privacy: only aggregates are published; no personal data, link to ads or name of advertiser is published.
- Open data: datos.csv, CC BY license 4. 0.
How to quote
Pinzón Pineda, D. M. (2026). Housing in Arequipa: price per m², rental, rooms and profitability (October 2026). Aptology (aptologia.com). https://github.com/elbroker/aptologia-datos/tree/main/estudios/vivienda-arequipa-por-distrito-2026. Data: datos.csv, CC BY license 4. 0.
Sources and data
- Current data and listings: rentals in Arequipa on Aptología
- DOI: 10.5281/zenodo.23462272 (Zenodo)
- Original study (Spanish): Vivienda en Arequipa: precio por m², arriendo, habitaciones y rentabilidad (octubre 2026)
- GitHub (CSV, PDF): https://github.com/elbroker/aptologia-datos/tree/main/estudios/vivienda-arequipa-por-distrito-2026
- Hugging Face: https://huggingface.co/datasets/aptologia/vivienda-arequipa-por-distrito-2026