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...

"Much lower. I bought an apartment for under $30k and I have rented another for just $150 a month," mentioned another expat when asked about moving to Quito, Ecuador.

"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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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.