Palermo (Soho & Hollywood) (prime, ~$14/sqm/mo · ≈ $15.6 PSF/yr USD) is one of 5 Buenos Aires Class A submarkets we track.

  • Palermo (Soho & Hollywood) sits at prime tier.
  • Average rent $14/sqm/mo · ≈ $15.6 PSF/yr USD vs city average 14.
  • Compared submarkets: Catalinas Norte (trophy), Puerto Madero (trophy), Microcentro (prime).

Palermo (Soho & Hollywood) vs other Buenos Aires submarkets

Palermo (Soho & Hollywood) (prime, ~$14/sqm/mo · ≈ $15.6 PSF/yr USD) is one of 5 Buenos Aires Class A submarkets we track.

TL;DR

  • Palermo (Soho & Hollywood) sits at prime tier.
  • Average rent $14/sqm/mo · ≈ $15.6 PSF/yr USD vs city average 14.
  • Compared submarkets: Catalinas Norte (trophy), Puerto Madero (trophy), Microcentro (prime).

Side-by-side with peers

**Catalinas Norte** (trophy, $18/sqm/mo · ≈ $20.1 PSF/yr USD) — Buenos Aires's trophy financial core. **Puerto Madero** (trophy, $20/sqm/mo · ≈ $22.3 PSF/yr USD) — Trophy waterfront expansion. **Microcentro** (prime, $12/sqm/mo · ≈ $13.4 PSF/yr USD) — Historic CBD core. **Zona Norte (Suburbs)** (established, $9/sqm/mo · ≈ $10 PSF/yr USD) — Suburban Class A campus belt.

Key facts

cityBuenos Aires
submarketPalermo (Soho & Hollywood)
tierprime
averageRentLocal$14/sqm/mo · ≈ $15.6 PSF/yr USD
cityClassARentUsd$16/sqft/yr
cityVacancyPct17.4%

Frequently asked questions

What other submarkets compete with Palermo (Soho & Hollywood) in Buenos Aires?
Catalinas Norte, Puerto Madero, Microcentro

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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