Average Rent Prices in Asunción

Rental prices vary depending on location, building quality and amenities. However, compared to Western countries, Asunción remains very affordable.

• Studio apartment: $300–$500
• 1-bedroom apartment: $400–$700
• 2-bedroom apartment: $600–$1,000+
• Luxury apartments: $1,200+

For a full budget overview, see:
Cost of Living in Asunción.

Best Areas to Rent in Asunción

Choosing the right neighborhood is essential for comfort and lifestyle.

• Villa Morra – modern, central and popular among expats
• Carmelitas – high-end area with restaurants and offices
• Recoleta – residential and well-connected
• Las Mercedes – quieter and more traditional

Each area offers a different balance between price, lifestyle and convenience.

Safety also varies by location. See safest neighborhoods in Asunción.

Furnished vs Unfurnished Apartments

In Asunción, both furnished and unfurnished rentals are available.

• Furnished apartments: higher price but ready to move in
• Unfurnished apartments: cheaper but require setup

Many expats prefer furnished options for short or medium-term stays.

Rental Requirements in Paraguay

Rental conditions can vary depending on the landlord or agency.

• Deposit: typically 1 month of rent
• Advance payment: 1 month
• Local guarantor sometimes required

Some landlords are flexible with expats, especially for short-term rentals.

Utilities and Additional Costs

When renting in Asunción, you should also consider additional monthly expenses.

• Electricity (air conditioning): $50–$120
• Internet: $20–$40
• Building fees (expensas): varies by building

Modern buildings with amenities often include higher maintenance fees.

Is It Easy to Rent as a Foreigner?

Yes, renting in Asunción is generally straightforward for foreigners.

However, having residency or local contacts can simplify the process, especially for long-term contracts.

To understand the legal process, see:
Temporary Residency in Paraguay.

Should You Rent or Buy in Paraguay?

Many expats start by renting before deciding to invest in property.

This allows you to explore neighborhoods and understand the market before making a long-term commitment.

Choosing the right area matters. See best areas in Asunción.