Guatemala

Price/Rent Ratio in Guatemala compared to Latin America

Last update:
Next update: May 2006

This price-to-rent ratio helps assess whether it is more cost-effective to buy or rent a home in a given market. A high price-to-rent ratio suggests that buying a property is more expensive relative to renting, whereas a low ratio indicates that buying may be more favorable than renting.

  • Price-to-Rent Ratio below 16: It's generally cheaper to buy a home than to rent.
  • Price-to-Rent Ratio between 17 and 20: The cost of buying and renting is roughly comparable.
  • Price-to-Rent Ratio above 21: It's generally cheaper to rent than to buy.
Compare Countries and Cities
Belize
24 yrs
Chile
21 yrs
Uruguay
21 yrs
Argentina
20 yrs
Peru
17 yrs
Puerto Rico
17 yrs
Mexico
15 yrs
Brazil
15 yrs
Jamaica
15 yrs
Dominican Republic
13 yrs
Colombia
13 yrs
Panama
12 yrs
Costa Rica
12 yrs
View as Graph (Historical Data)
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No house price statistics are published in Guatemala. General statistics are provided by the Instituto Nacional de Estad'stica de Guatemala, in a site which tends to crash your browser. The Banco de Guatemala has reasonable quality time-series under 'Economic and Financial Information'.

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