Property
Chile — Property: Rental Market
Chilean rental law Ley 18.101 allows a cash guarantee customarily capped at one month rent, although the legal cap rests on an expired transitional article.
VerifiedGovernment / official sourceBiblioteca del Congreso Nacional — Ley 18.101 (arrendamiento)Last reviewed: 2026-10-23
Key facts
- Ley 18.101 of 1982 sets the rules for urban rentals.
- A one-month cash guarantee limit appears in a transitional article that a 2023 Congress library report says expired long ago, but it remains common through contract clauses.
- A bill to write the cap into law has been proposed, with no confirmation it passed.
- Treat one month as the customary norm rather than a guaranteed legal limit.
Steps
- Finding a Rental — Look for rentals on websites such as Remax, Inmuebles24, and Propiedades24. It's also common to find rentals through personal connections and word of mouth.
- Applying for a Rental — Typically, applicants must provide a rental application, proof of income, and a copy of their ID. Landlords may also request a guarantor for foreigners.