Recent analysis from the classifieds portal Zonaprop reveals that rent prices in Buenos Aires have increased by 2.7% in January, surpassing the inflation rate of 2%. Over the last twelve months, rental prices have surged an average of 34.9%, which also exceeds the inflation rate of 31.2% during the same period. This significant rise indicates ongoing pressure within the rental market, particularly for various types of apartment units, including one-bedroom and three-bedroom options which are listed at monthly rates of $659,331 and $1,026,674 respectively. The rental market situation can be partly attributed to a regulatory shift following a previous law that restricted rental availability, leading to a backlog of listings which has now begun to normalize. Real estate expert Ignacio Mel points out that this decrease in available rental units has allowed the prices to rebound after having been suppressed in previous years when there was intense competitiveness among landlords and an oversupply of properties. With fewer choices for potential renters, landlords have started to adjust their pricing strategies accordingly. Overall, the findings highlight a significant imbalance in the Buenos Aires rental market where the cost of living, particularly in terms of housing, is increasingly unaligned with inflation rates. This poses broader implications for tenants, many of whom may struggle to keep pace with rising rental costs, thereby potentially exacerbating housing affordability issues across the city.