What is the average cost of housing in Quito?

If you are thinking about moving to Quito, cost of living in probably a key consideration. Expats commented about the cost of housing...

"The cost of housing in Quito varies greatly depending on size and location. However, both short-term and long-term rentals tend to be on the lower end of the international market, and for those who are looking for a more permanent living situation, rent for a one-bedroom apartment can range from $200 to $500 per month. Longterm rental costs for a two-bedroom apartment range from $500 to $1,000 per month," commented one expat who made the move to Quito, Ecuador, Ecuador.

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"Much lower. I bought an apartment for under $30k and I have rented another for just $150 a month," remarked another expat in Quito, Ecuador.

What is the average cost of housing in Quito?

If you live in Quito, newcomers to Quito would love to hear your answer to this question.