Rio de Janeiro, Brazil
Property prices · 2024 · Americas
Property price trend in Rio de Janeiro (2024–2026)
Property comparison — cities in Brazil (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Rio de Janeiro |
|---|---|---|---|---|
| Rio de Janeiro | BRL 14,000 | BRL 9,200 | BRL 3,200 | — |
| Sao Paulo | BRL 12,500 | BRL 7,500 | BRL 3,500 | -10.7% |
| Brasilia | BRL 9,500 | BRL 6,300 | BRL 2,400 | -32.1% |
| Curitiba | BRL 7,800 | BRL 5,200 | BRL 1,900 | -44.3% |
| Belo Horizonte | BRL 7,500 | BRL 5,000 | BRL 1,800 | -46.4% |
| Salvador | BRL 6,200 | BRL 4,100 | BRL 1,500 | -55.7% |
Other Americas cities (2024)
Frequently asked questions
How much does property cost in Rio de Janeiro in 2024?
In Rio de Janeiro, the average price per sqm in the city centre is BRL 14,000, and BRL 9,200 outside the centre (2024 data). Prices have risen 14.5% since 2024.
How much is rent in Rio de Janeiro in 2024?
A 1-bedroom apartment in Rio de Janeiro rents for approximately BRL 3,200 per month in 2024. A 3-bedroom apartment costs around BRL 5,100/month.
Is it better to buy or rent in Rio de Janeiro?
Buying and renting are roughly comparable in Rio de Janeiro. The price-to-rent ratio is 20.0x — it would take approximately 20.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 12.00%.
What are mortgage rates in Brazil in 2024?
The average mortgage rate in Brazil is approximately 12.00% as of 2024. With a price-to-rent ratio of 20.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Rio de Janeiro?
The average property price per square metre in Rio de Janeiro city centre is BRL 14,000 in 2024. Outside the centre, expect to pay around BRL 9,200/sqm.