This species is native to the Amazon River basin in South America, specifically found in Brazil and Peru. While it doesn't have a red belly, it does have striking coloration, with males displaying bright yellow, blue, and black markings on their bodies.

Another species to consider is Apistogramma agassizii, which has several color variants, including some with red coloration on their bellies or fins. This species is also native to the Amazon basin and is popular among aquarium hobbyists for its beautiful coloration and interesting behavior.