The real estate market in Lime Continue expanding, reflecting a notable increase in rental prices. In 2024, a new district leads the list of the most expensive. Although San Isidro and Miraflores They have traditionally been the most exclusive, Ravine He has taken the front, with an average rent that exceeds S/ 4,000 per month, according to the most recent report in Urbania.
According to the most recent data, the average rental cost in Metropolitan Lima registered an increase of 6.8% in 2024, a significant increase compared to 2.6% reported in 2023. This growth widely exceeds 1.8% inflation, which implies a real 5.0% increase in the year. In December, rentals rose 1.3%, placing the average monthly price at S/ 3,073.
Barranco: The district with the highest rentals of Lima
The privileged location of Barranco has been a key factor in the increase in rental prices. Being between Miraflores and Chorrillos, it offers a quick connection with the main avenues of the city, facilitating displacement towards various areas of Lima. Its proximity to the sea and the presence of emblematic public spaces, such as the Paul Harris boardwalk and the sigh bridge, make it a highly attractive area for those who seek a balance between comfort and natural environment.
In recent years, the growth of the luxury real estate sector in Barranco has been exponential. The arrival of modern projects with amenities such as gyms, swimming pools and coworking areas has raised the quality of the available homes, attracting a high -income audience that is willing to pay more to live in one of the most exclusive areas of the city. However, the reduced size of the district and the regulations that protect their cultural identity have limited the construction of new buildings, reducing supply and increasing demand.
Another aspect that influences high rental costs in Barranco is its wide cultural and gastronomic offer. Known as him Bohemio de Lima neighborhoodhouses art galleries, museums, restaurants and renowned bars. This combination of active nightlife and constant cultural events makes it an ideal place for those looking for a unique residential experience.
Barranco is the district with the highest rentals of Lima. Photo: Dissemination
The most expensive districts to rent in Lima this year
Although Barranco leads the list of the highest rentals, other districts of Lima maintain high prices due to their infrastructure, security and exclusive services. According to Urbania, San Isidro and Miraflores, they occupy second and third place, respectively, followed by Lince, Jesús María and Surquillo.
The average prices in these districts are the following:
- San Isidro: S/ 3,721
- Miraflores: S/ 3,535
- Lynx: S/ 3,516
- Jesus Maria: S/ 3,245
- Surquillo: S/ 3,236
On the other hand, the lowest rentals are found in San Martín de Porres (S/ 1.315), Los Olivos (S/ 1,521) and La Molina (S/ 2,300)where demand is lower compared to the central areas of the capital.
Exclusive areas with the most expensive rentals in Lima
Within the most exclusive districts of the city, there are specific areas where rental prices are even higher due to high demand and the exclusivity of available homes. Among them, San Isidro Financiero It is positioned as the most expensive, with an average S/ 4,541 per month.
The following areas also have high rental costs:
Area | Average price (S/) |
San Isidro Financiero | S/ 4,541 |
Traditional ravine | S/ 4,171 |
New ravine | S/ 4.007 |
Surquillo Centro | S/ 3,541 |
Medical neighborhood (Surquillo) | S/ 3,183 |
Monterrico groove | S/ 2,963 |
Magdalena Centro | S/ 2,759 |
East free people | S/ 2,555 |
The olive trees | S/ 1,610 |
The South Olives | S/ 1,579 |
The North Olives | S/ 1,501 |
San Isidro Financiero: The most expensive and exclusive area to live in Lima
San Isidro Financiero has become the economic epicenter of the capital, with a high concentration of corporations, banks and offices of national and international companies. Located between the avenues Javier Prado, Express, Aramburú and Arequipathis sector combines a business environment with a top -level residential offer, which has raised rental prices to S/ 4,541 on average.
One of the factors that make financial San Isidro the most expensive area to live is its modern infrastructure and its efficient transport network, which facilitates connection with other key districts such as Miraflores, Surco and the Historic Center. In addition, security in the area is another fundamental aspect, since it has constant patrol and video surveillance systems, which makes it one of the safer areas of Lima.
Another point to highlight is its cultural and educational offer, with spaces such as El Olivar forest, cultural centers, art galleries and prestigious academic institutions. These elements have made San Isidro Financiero one of the most sought -after and exclusive areas of the city, both for executives and for families seeking comfort and security.
What is the cheapest Lima district to live?
According to recent data, San Martín de Porres It is the most economical district to live in Lima, with an average rental price of S/1,303 per month for a 100 square meter department. It is followed by the Olivos and Ate, with average rental of S/1,483 and S/1.978 respectively. These areas offer more affordable housing options compared to districts such as Barranco, San Isidro and Miraflores, where rentals can exceed S/4,000 per month.
Why is Barranco known?
Barranco has established itself as the Bohemian and alternative neighborhood par excellence of Lima, housing a vibrant community of artists, intellectuals and outstanding figures, including the writer Mario Vargas Llosa, who lived there until recently. This combination makes it one of the most attractive and dynamic areas of the Peruvian capital.
What is the safest district of Lima?
According to the most recent report, San Miguel has positioned itself as the safest district of Lima Metropolitana. This result responds to the implementation of effective measures in surveillance, strategic patrol and the use of technology to prevent crime. In addition, the collaboration between municipal authorities, the National Police and the active citizen participation has allowed reducing crime levels, turning San Miguel into a referent in security within the Peruvian capital.
Source: Larepublica

Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.