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Field Note No. 48

How Long Are Apartment Leases in Argentina Now?

How Long Are Apartment Leases in Argentina Now?

TL;DR: Since the rigid rent law (Ley de Alquileres) was repealed in December 2023, residential lease terms in Argentina are freely negotiable. Length, currency, and how the rent adjusts are now set by agreement between owner and tenant, rather than fixed by statute. Common long-term leases still run around two years, but the parties are free to agree otherwise, including dollar-denominated rents.

What changed in December 2023

The old Ley de Alquileres had locked leases into rigid terms: a minimum length, peso-only rent, and a forced annual adjustment formula. It backfired, supply collapsed and rents soared. The December 2023 deregulation decree repealed it, returning rentals to free contract.

The result: owners and tenants negotiate the deal directly. There is no longer a statutory minimum term, mandatory currency, or imposed adjustment index governing every lease.

What leases look like in 2026

TermStatus now
LengthNegotiable (long-term commonly ~2 years)
CurrencyNegotiable (pesos or US dollars)
Rent adjustmentNegotiable (agreed index or schedule)
Short-stay / temporarySeparate regime, under ~3 months

Long-term residential leases commonly still run about two years by convention, but that is a market norm now, not a legal requirement. Dollar-denominated rents, once effectively blocked, are again common, especially in the furnished and foreign-tenant segment.

Why it matters for a foreign owner

For an owner, the repeal is good news: you can structure a lease that actually makes sense, including a dollar rent that protects your real return. For a tenant, it restored choice at the cost of the old law's nominal protections. The broader picture is in our renting survival guide and the reform context in our Milei reforms note.

Quick answers

How long is a standard apartment lease in Argentina now?

Lease length is freely negotiable since the 2023 rent-law repeal. Long-term residential leases commonly run about two years by market convention, but the parties may agree to other terms.

Was the rent law repealed in Argentina?

Yes. The rigid Ley de Alquileres was repealed by the December 2023 deregulation decree, returning residential leases to free negotiation of term, currency, and adjustment.

Can rent be set in US dollars in Argentina?

Yes. Since the repeal, rent can be agreed in US dollars, which is now common in the furnished and foreign-tenant segment, helping owners protect their real return.

Is there still a minimum lease term in Argentina?

No statutory minimum governs every lease now. Term is negotiated between owner and tenant, though a roughly two-year long-term lease remains a common market norm.

The new flexibility favors owners who structure leases well. To set up a lease that protects your yield, book a call.

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