Cheapest Neighborhoods in Santiago

All 19 neighborhoods in Santiago ranked by cost of living index. Updated 2026.

Cheapest Rent
$385/mo
City Avg Rent
$550/mo
Neighborhoods
19

Cheapest Neighborhoods in Santiago — Full Rankings

# Neighborhood 1BR Rent Index vs Avg
1 Puente Alto $385/mo 0.70x -30%
2 Maipú $385/mo 0.70x -30%
3 Recoleta $396/mo 0.72x -28%
4 Independencia $412/mo 0.75x -25%
5 La Florida $429/mo 0.78x -22%
6 San Miguel $429/mo 0.78x -22%
7 Macul $451/mo 0.82x -18%
8 Peñalolén $468/mo 0.85x -15%
9 Santiago Centro $506/mo 0.92x -8%
10 Bellavista $550/mo 1.00x Avg
11 Tobalaba $561/mo 1.02x +2%
12 La Reina $578/mo 1.05x +5%
13 Ñuñoa $594/mo 1.08x +8%
14 Pedro de Valdivia $632/mo 1.15x +15%
15 Lo Barnechea $649/mo 1.18x +18%
16 Providencia $671/mo 1.22x +22%
17 El Golf $671/mo 1.22x +22%
18 Las Condes $688/mo 1.25x +25%
19 Vitacura $742/mo 1.35x +35%

Rent estimates based on city average of $550/mo adjusted by neighborhood cost index. Index 1.00 = city average.

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Frequently Asked Questions

What is the cheapest neighborhood in Santiago?

The cheapest neighborhood in Santiago is Puente Alto, with an estimated 1-bedroom rent of $385/month — 30% below the city average.

What is the average rent in Santiago?

The average 1-bedroom rent in Santiago is approximately $550/month. Rents range from $385/mo (Puente Alto) to $742/mo (Vitacura).

How many neighborhoods does Santiago have?

Our database covers 19 neighborhoods in Santiago, each with detailed cost-of-living and salary data.

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