PeruYield
● 2026-09-17
Sale and rent listings were re-scraped on 2026-09-17 — asking prices, that day. Airbnb figures are a monthly aggregate for 2026-09: nightly rates and occupancy measured across that month, not that day. Lima only, and asking prices throughout — no transaction data exists for this market.
Guides → Best district by apartment size

The best Lima district for each apartment size

Rental returns in Lima don't just vary by district — they vary a lot by unit size. A one-bedroom and a three-bedroom in the same building can have very different yields, because small units rent for more per square metre while large ones sell for more per square metre. Here's where each size pays best, from our per-district, per-bedroom data.

The short version: for a one-bedroom, Pueblo Libre leads on long-term net yield (7.1%); for a two-bedroom, it's San Miguel (5.8%). Both columns are net — after the running costs each strategy actually carries — because that is the only way the two compare honestly. Full tables below.

One-bedroom apartments

District
Long-term (net)
Airbnb (net)
Pueblo Libre
7.1%
6.4%
Jesús María
6.0%
6.2%
San Miguel
5.8%
4.4%
Magdalena
5.7%
6.2%
San Isidro
5.6%
6.2%
Surco
5.6%
4.6%
Barranco
5.4%
5.4%
Miraflores
5.0%
4.9%

Two-bedroom apartments

District
Long-term (net)
Airbnb (net)
San Miguel
5.8%
5.6%
Jesús María
5.4%
6.3%
Barranco
5.3%
5.1%
Pueblo Libre
5.2%
6.5%
San Isidro
5.1%
6.1%
Miraflores
5.0%
6.3%
Surco
4.9%
5.3%
Magdalena
4.8%
7.1%

Three-bedroom apartments

District
Long-term (net)
Airbnb (net)
Miraflores
5.2%
6.0%
San Miguel
5.1%
4.4%
Pueblo Libre
5.0%
3.9%
Jesús María
4.9%
5.3%
Surco
4.8%
5.0%
San Isidro
4.5%
3.6%
Magdalena
4.5%
3.2%
Barranco
4.3%
5.0%

How to read this

Yields here are net on both sides — each after the running costs it actually carries, on the same basis as every other page of this site. This page ranked gross against gross until 1 August 2026 and described that as comparing like-for-like. It was not: gross flatters whichever strategy carries the heavier costs, and Airbnb's are far heavier, so the old tables showed it winning sizes the rest of the site correctly said it lost. Long-term carries no mantenimiento here because the tenant pays it, while an Airbnb host does; every line is set out in the methodology. Cells appear only where enough listings back them, and each carries its sample. Nothing here is investment advice.

See the full Lima Yield Index →

Lima Property Investor Weekly · free

The typical Lima Airbnb earns less than a long-term tenant. The top quarter earns more.

Not a hunch — we price every listed apartment in eight districts both ways, self-managed, after tax, HOA and real occupancy. One email a week: what moved, which listings the numbers actually favour, and where the consensus looks wrong.

No spam. Unsubscribe anytime.