What is the cheapest city in Colombia to buy an apartment?

Among the cities we cover, the most affordable is Santiago de Cali: a typical 2-bedroom apartment asks about US$88,000. The most expensive is Medellín at about US$266,000. These are asking prices from active listings, updated September 2026.

How do you compare prices across cities?

Every city uses the same yardstick: the asking price of a typical 2-bedroom apartment, computed as a neighborhood-weighted median from 55,926 active public sale listings. That keeps the comparison apples-to-apples instead of averaging studios against penthouses.

Where does rent run highest relative to prices?

The table shows an indicative gross yield based on median sale and rent asking prices per m². Sort by yield to compare cities, then use the rental income calculator to estimate a net figure for a specific property.

Where does this data come from?

From a sample of publicly advertised residential asking prices, supplemented by Colombia Bound field research and refreshed weekly. We publish aggregates with their sample sizes only—never individual third-party listings. These are asking prices, not completed transactions.

City price statistics

Which Colombian city fits you? Compare them.

A typical 2-bedroom apartment ranges from about US$88,000 in Santiago de Cali to about US$266,000 in Medellín. Figures come from 55,926 active public sale listings, updated September 2026. Sort the table by whatever matters most to you.

Santiago de Cali25d history
Typical 2-bed home
$76.9 K
Monthly rent
$455/mo
Population
2,280,908
Climate
Warm Cauca Valley
Indicative gross yield
7.7%
Median days listed
156 days
5,277 sale · 1,124 rent · 176 neighborhoods
Bucaramanga25d history
Typical 2-bed home
$86.7 K
Monthly rent
$420/mo
Population
—
Climate
Warm Andean plateau
Indicative gross yield
7.8%
Median days listed
113 days
1,024 sale · 224 rent · 50 neighborhoods
Barranquilla25d history
Typical 2-bed home
$97.9 K
Monthly rent
$587/mo
Population
1,342,298
Climate
Hot Caribbean lowland
Indicative gross yield
9.1%
Median days listed
292 days
3,994 sale · 1,953 rent · 89 neighborhoods
Manizales25d history
Typical 2-bed home
$110 K
Monthly rent
$559/mo
Population
—
Climate
Cool highland Andes
Indicative gross yield
7.1%
Median days listed
222 days
1,500 sale · 233 rent · 72 neighborhoods
Pereira25d history
Typical 2-bed home
$122 K
Monthly rent
$839/mo
Population
—
Climate
Warm, rainy Andes
Indicative gross yield
7.6%
Median days listed
222 days
2,697 sale · 1,037 rent · 76 neighborhoods
Bogotá18d history
Typical 2-bed home
$154 K
Monthly rent
$920/mo
Population
8,034,649
Climate
14°C / 57°F highland savanna
Indicative gross yield
9.2%
Median days listed
121 days
29,225 sale · 9,438 rent · 786 neighborhoods
Santa Marta25d history
Typical 2-bed home
$206 K
Monthly rent
$1.03 K/mo
Population
—
Climate
Hot Caribbean coast
Indicative gross yield
8.8%
Median days listed
196 days
1,329 sale · 185 rent · 35 neighborhoods
Cartagena de Indias25d history
Typical 2-bed home
$210 K
Monthly rent
$867/mo
Population
1,055,051
Climate
28°C / 82°F Caribbean coast
Indicative gross yield
6.4%
Median days listed
230 days
2,325 sale · 782 rent · 69 neighborhoods
MedellínDown 2%· 63d
Typical 2-bed home
$232 K
Monthly rent
$1.29 K/mo
Population
2,653,729
Climate
22 °C / 72 °F eternal spring
Indicative gross yield
8.9%
Median days listed
135 days
8,555 sale · 8,209 rent · 140 neighborhoods

City							Climate	See data
Santiago de Cali5,277 sale · 1,124 rent	$76.9 K	$455/mo	7.7%	156	25d history	2,280,908	Warm Cauca Valley	See data
Bucaramanga1,024 sale · 224 rent	$86.7 K	$420/mo	7.8%	113	25d history	—	Warm Andean plateau	See data
Barranquilla3,994 sale · 1,953 rent	$97.9 K	$587/mo	9.1%	292	25d history	1,342,298	Hot Caribbean lowland	See data
Manizales1,500 sale · 233 rent	$110 K	$559/mo	7.1%	222	25d history	—	Cool highland Andes	See data
Pereira2,697 sale · 1,037 rent	$122 K	$839/mo	7.6%	222	25d history	—	Warm, rainy Andes	See data
Bogotá29,225 sale · 9,438 rent	$154 K	$920/mo	9.2%	121	18d history	8,034,649	14°C / 57°F highland savanna	See data
Santa Marta1,329 sale · 185 rent	$206 K	$1.03 K/mo	8.8%	196	25d history	—	Hot Caribbean coast	See data
Cartagena de Indias2,325 sale · 782 rent	$210 K	$867/mo	6.4%	230	25d history	1,055,051	28°C / 82°F Caribbean coast	See data
Medellín8,555 sale · 8,209 rent	$232 K	$1.29 K/mo	8.9%	135	Down 2%· 63d	2,653,729	22 °C / 72 °F eternal spring	See data

Asking prices, not closing prices. Yield is gross before costs and vacancy; days listed measures the age of active advertisements, not time to a completed sale. Counts are observed listings, not unique properties. How we compute this

Questions people ask when comparing cities

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City guidesWhat to expect from each city: neighborhoods, tradeoffs, and orientation.Interactive price mapSale and rent asking prices by neighborhood.Property matchingSave your criteria and get available options or human follow-up.