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Housing market · September 2026

Manizales housing market

What it costs to buy and rent in Manizales, Colombia, computed from 11,201 continuously monitored listings.

TuLugar Price Index

$1,745/m²

Price per m² (sale)

2-bedroom apartment

$106,033

Median apartment rent

$545/mes

Monitored listings

11,201

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Price by neighborhood in Manizales

Where Manizales is expensive and where it is not. Every neighborhood with a usable sample, shaded by its median price per m². Tap one for its market.

Explore the full price mapComuna Atardeceres: $1,569/m²Comuna Ciudadela del Norte: $1,545/m²Comuna Cumanday: $1,466/m²Comuna Ecoturística Cerro de Oro: $2,056/m²Comuna La Estación: $1,696/m²Comuna La Fuente: $1,430/m²Comuna La Macarena: $1,333/m²Comuna Nuevo Horizonte: $1,554/m²Comuna Palogrande: $1,808/m²Comuna San José: $1,833/m²Comuna Tesorito: $2,310/m²Comuna Universitaria: $1,487/m²Manizales: apartment price per m²Median sale (USD) by region · September 2026 · tulugar.com$1,333–$2,310/m²Comuna Palogrande$1,808/m²Comuna Ecoturística Cerro de Oro$2,056/m²Comuna Atardeceres$1,569/m²Comuna La Estación$1,696/m²Comuna La Fuente$1,430/m²Comuna Ciudadela del Norte$1,545/m²Comuna La Macarena$1,333/m²Comuna Tesorito$2,310/m²Comuna Nuevo Horizonte$1,554/m²
$1,333$2,310

Median $/m² for apartments for sale. Gray = insufficient sample.

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Price history in Manizales

Apartment price per m² and whole-inventory median sale price, in USD. Apartments only, so the series always compares the same kind of property month to month. Where a neighborhood has no apartments for sale the $/m² column is left empty; the median sale price beside it still carries the month. A published month is only recomputed for a stated reason, and that month’s report says so. · Download CSV

Series since August 2026. The first monthly variation is published with the following month's close.

MonthPrice per m²MoMQoQYoYMedian sale
August 2026$1,766———$165,641

Neighborhoods

Apartment prices: median sale, $/m² and rent. “Listings” counts the whole inventory.

#City / NeighborhoodListingsApt. sale$/m²MoMYoYApt. rent
1
Comuna PalograndeView →
3,220$173K$1,808
——$939
2
Comuna AtardeceresView →
1,118$100K$1,569
——$424
3
Comuna Ecoturística Cerro de OroView →
1,088$139K$2,056
——$606
4
Comuna CumandayView →
1,079$112K$1,466
——$454
5
Comuna La EstaciónView →
885$106K$1,696
——$545
6
Comuna TesoritoView →
505$182K$2,310
——$1,151
7
Comuna La FuenteView →
333$79K$1,430
——$356
8
Comuna La MacarenaView →
288$73K$1,333
——$364
9
Comuna UniversitariaView →
244$80K$1,487
——$447
10
Comuna Ciudadela del NorteView →
195$86K$1,545
——$485

By property type

TypeListingsMedian sale$/m²*
ApartmentsView →
3,96944%$132K$1,648
HousesView →
3,70741%$199K$1,162
LandView →
4695%$223K$165
CommercialView →
88210%$100K$1,515

*Apartment and house m² is built area; land m² is the plot. A house enters its $/m² only when the source reports built area. This page’s headline uses apartments only.

By bedroom count — Apartments

ApartmentslistingsMedian$/m²
Studiono data——
1 bedroom72$106K$2,284
2 bedrooms489$106K$1,843
3 bedrooms1,078$142K$1,662
4 bedrooms155$190K$1,241
5+ bedrooms39$197K$1,063

By bedroom count — Houses

HouseslistingsMedian$/m²
Studiono data——
1 bedroom152$91K$2,177
2 bedrooms30$124K$1,163
3 bedrooms321$206K$1,494
4 bedrooms377$236K$1,309
5+ bedrooms625$218K$985

By lot size — Land

Price per m² varies dramatically between urban lots and rural plots. We show each category separately so the median represents something concrete.

By lot size — LandlistingsMedian$/m²
Urban lot< 500 m²140$212K—
Residential plot500 – 2,000 m²124$167K—
Suburban estate2,000 – 10,000 m²80$256K—
Rural / farm> 1 ha68$803K—

Price distribution

How many listings fall in each price range (USD).

Price distribution — sale

<$50K
305
$50K-$100K
1890
$100K-$200K
3653
$200K-$500K
2407
$500K-$1M
572
>$1M
195

Price distribution — rent

<$300
274
$300-$600
648
$600-$1K
398
$1K-$2K
447
$2K-$5K
312
>$5K
93

Projects

New developments with available units.

Active developers

Companies with active projects here.

Cfc&a Construcciones

Frequently Asked Questions about Manizales

In Manizales, the median asking price of an apartment for sale is $132K. By type: apartments $132K, houses $199K, land $223K. The neighborhood with the most supply is Comuna Palogrande, where the median apartment costs $173K. The median apartment price per square meter is $1.745/m² — useful for comparing real value across neighborhoods and with other cities in the region.
The neighborhoods with the most real estate activity in Manizales are Comuna Palogrande, Comuna Atardeceres, Comuna Ecoturística Cerro de Oro, Comuna Cumanday, Comuna La Estación. Comuna Palogrande leads with 3220 properties and a median apartment price of $173K. When choosing a neighborhood, think about commute distance, public transit access, nearby amenities (grocery, healthcare, schools), and your budget. A good quality-of-life indicator is rental availability — neighborhoods with more rentals tend to have better infrastructure and services.
It depends on how long you plan to stay. With a median apartment price of $132K and a median apartment rent of $545/mo, the price-to-rent ratio in Manizales favors buying if you're staying 3+ years. There are currently 9027 properties for sale and 2174 for rent — solid supply that gives buyers negotiating leverage. If you're new to the city, renting first lets you explore neighborhoods before committing to a purchase.
The Manizales market has 11201 monitored properties, with a median apartment price of $132K and a median apartment price per m² of $1.745/m². With 9027 properties for sale, the current supply is high — which is good for buyers: more options to choose from and more room to negotiate on price and payment terms. If you're looking for investment value, compare price per m² across neighborhoods to spot the best opportunities.
Yes, with no restrictions whatsoever. Foreigners in Colombia have the exact same rights as citizens to purchase any type of property, including land. You don't need residency or a special visa. The purchase is formalized through a public notary, who verifies the title, drafts the contract, and registers it with the Public Registry. Closing costs are around 3-4% of the property value (notary fees, transfer tax, and registration fees). Many foreign investors also apply for temporary residency, which is relatively easy to obtain in Colombia.

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Methodology

This page analyzes 11,201 listings in Manizales, Colombia.

Metrics are calculated from the active inventory TuLugar monitors across the market — both listings published on TuLugar and active agency supply tracked continuously. They are asking prices, not final transaction or closing prices.

We use medians to reduce the effect of outlier properties; $/m² only includes listings with valid area data. Prices in other currencies are converted to USD using the exchange rate available when the snapshot is refreshed.

Data is recalculated daily and can change when listings are published, updated, or deactivated.

Read the full methodology →

Data as of 2026-09-30 · refreshed 2026-09-30 03:00 UTC

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