Jesús María vs San Isidro: which is the better rental investment in Lima? (2026)

Two districts, two different bets. On long-term rentals, Jesús María nets 3.8% against San Isidro's 3.6%. That's a narrow gap, but it goes to Jesús María.

The bigger difference is the price of entry. Jesús María sells at a median $2,017/m², San Isidro at $2,564/m². You're paying roughly 27% more per square metre in San Isidro for a lower long-term yield. That combination is hard to argue with if cash yield is what you're after.

San Isidro does win on Airbnb: 1.3% gross versus Jesús María's 0.9%. But note these are gross figures, not net, so they don't account for cleaning, management, vacancy or the higher purchase price. A 1.3% gross number on a $2,564/m² apartment isn't obviously better than the alternatives once costs come out. I'd treat the short-term figures as directional, not decisive.

On the numbers here, Jesús María is the pick for a long-term rental investor: higher net yield, cheaper to buy in. San Isidro's case rests mainly on its Airbnb edge, and gross short-term figures aren't enough to build a decision on.

This is a comparison of the numbers given, not investment advice. Airbnb regulation, financing and your own management setup will move these figures, and the short-term data in particular is thin.

Related: Jesús María · San Isidro · Lima Yield Index