Furnished apartment for rent in Medellín, Antioquia

How much does it cost to rent an apartment in Medellín?

Q: How much does it cost to rent an apartment in Medellín?

A furnished apartment costs, on average, between 700 and 2,250 USD per month (about COP 2.8M–9M), depending on the neighborhood, size, and amenities. Luxury penthouses exceed COP 10M.

A price guide by neighborhood and type, with extra costs and how to save.

Published: 2025 · Updated: June 16, 2026 · Author: Mifinka Team

In short

Renting a furnished apartment in Medellín costs, on average, between $700 and $2,250 USD per month (about COP $2.8M–$9M), depending on the neighborhood, size, and term. El Poblado and Provenza are the priciest; Laureles and Envigado sit in the middle; and Belén is the most affordable. Add the deposit and cleaning. Find verified options at apartments in Medellín.

Medellín is one of the favorite destinations for travelers, expats, and digital nomads in Latin America, and rental prices vary a lot depending on where and how you stay. This guide shows how much a furnished apartment costs by neighborhood and by type, which extra costs to factor in, and how to get the best price. (USD values are approximate, calculated at ~COP $4,000 per dollar.)

What does the price depend on?

Neighborhood: El Poblado and Provenza are the most sought-after; Belén and residential areas are cheaper.
Size: from a studio to a multi-bedroom penthouse.
Term: monthly (long-term) rentals usually work out cheaper per night than short stays.
Amenities: a pool, gym, view, parking, and high-speed internet push the price up.
Season: demand rises in high season (December, Easter week, the Flower Fair).

Price by neighborhood (furnished apartment, per month)

Neighborhood	Approx. price / month	Profile
El Poblado / Provenza	$1,250–$3,000 USD (COP $5M–$12M)	Premium, touristy, nightlife
Laureles	$700–$1,500 USD (COP $2.8M–$6M)	Local, walkable, digital nomads
Envigado	$700–$1,250 USD (COP $2.8M–$5M)	Quiet, residential, families
Belén	$500–$900 USD (COP $2M–$3.6M)	More affordable and local

Price by apartment type

Type	Approx. price / month	Best for
Studio	$700–$1,000 USD (COP $2.8M–$4M)	1–2 people, long stays
1 bedroom	$850–$1,500 USD (COP $3.5M–$6M)	Couples, digital nomads
2 bedrooms	$1,250–$2,250 USD (COP $5M–$9M)	Families, small groups
Penthouse / luxury	$2,500–$6,250 USD (COP $10M–$25M)	Premium stays with a view

Extra costs to factor in

Security deposit: often equal to one or more months' rent (refundable).
Cleaning: sometimes a one-time or recurring fee during your stay.
Utilities: check whether water, electricity, gas, and internet are included.
Building fees: in some buildings the administration fee is billed separately.

Short-term vs. long-term

Short stays (by the day) offer more flexibility but a higher nightly price. Monthly rentals (30 days or more) usually come with discounted rates and are the best option for expats, digital nomads, or anyone relocating.

How to get the best price

Book monthly instead of nightly to unlock discounted rates.
Consider Laureles, Envigado, or Belén to save versus El Poblado.
Travel in low season and book in advance.
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Frequently Asked Questions (FAQ)

How much does it cost to rent an apartment in Medellín?

A furnished apartment costs, on average, between $700 and $2,250 USD per month (about COP $2.8M–$9M), depending on the neighborhood, size, and amenities. Luxury penthouses exceed COP $10M.

Which is the most affordable neighborhood to rent in?

Belén is usually the cheapest, followed by residential parts of Laureles and Envigado. El Poblado and Provenza are the most expensive.

Is it cheaper to rent monthly or by the day?

Monthly. Rentals of 30 days or more usually come with discounted rates versus short stays, which charge a higher nightly price.

What extra costs should I factor in?

The security deposit (refundable), cleaning, utilities (if not included), and, in some buildings, the administration fee.

How much does an apartment in El Poblado cost?

In El Poblado and Provenza, a furnished apartment starts around $1,250 USD (COP $5M) per month, and luxury units or penthouses can exceed COP $20M.