Brazil House Prices, Rents & Rental Yields (2026)
How much property costs in Brazil, what it rents for and how that compares with neighbouring markets in Latin America and the Caribbean. City-centre prices per m² rank 5 of 10 in this comparison; gross yields rank 8 of 10.
- Apartment price per m² (city centre)
- $1,778
- 2023
- Apartment price per m² (outside centre)
- $1,204
- 2023
- Gross rental yield (city centre)
- 4.5%
- 2024
- Price-to-income ratio
- 16.5
- 2024
- Rent: 1-bedroom, city centre
- $322/mo
- 2024
- Mortgage interest rate (20-year fixed)
- 10.8%
- 2023
Price and rent trends in Brazil
Latest property market indicators
| Indicator | Value | Year | Change | Source |
|---|---|---|---|---|
| Apartment price per m² (city centre)Average asking price per square metre to buy an apartment in city centres | $1,778 | 2023 | -10.6% vs 2022 | Numbeo |
| Apartment price per m² (outside centre)Average price per square metre to buy an apartment outside city centres | $1,204 | 2023 | -6.4% vs 2022 | Numbeo |
| Price-to-income ratioMedian apartment price divided by median annual disposable family income | 16.5 | 2024 | -9.8% vs 2023 | Numbeo |
| Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments | 4.5% | 2024 | +0.6 pp vs 2023 | Numbeo |
| Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments | 22.3 | 2024 | -12.9% vs 2023 | Numbeo |
| Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre | $322/mo | 2024 | -8.7% vs 2023 | Numbeo |
| Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre | $237/mo | 2023 | +3.5% vs 2022 | Numbeo |
| Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre | $691/mo | 2023 | -0.2% vs 2022 | Numbeo |
| Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre | $469/mo | 2023 | -1.0% vs 2022 | Numbeo |
| Mortgage interest rate (20-year fixed)Average yearly mortgage interest rate, 20-year fixed | 10.8% | 2023 | +0.4 pp vs 2022 | Numbeo |
Year-by-year data
| Year | Apartment price per m² (city centre) | Apartment price per m² (outside centre) | Price-to-income ratio | Gross rental yield (city centre) | Price-to-rent ratio (city centre) | Rent: 1-bedroom, city centre | Rent: 1-bedroom, outside centre | Rent: 3-bedroom, city centre | Rent: 3-bedroom, outside centre | Mortgage interest rate (20-year fixed) |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | — | — | 16.5 | 4.5% | 22.3 | $322/mo | — | — | — | — |
| 2023 | $1,778 | $1,204 | 18.3 | 3.9% | 25.6 | $352/mo | $237/mo | $691/mo | $469/mo | 10.8% |
| 2022 | $1,989 | $1,286 | 16.3 | 4.2% | 24 | $353/mo | $229/mo | $693/mo | $474/mo | 10.4% |
| 2021 | $1,467 | $967 | 16.1 | 4.1% | 24.4 | $268/mo | $177/mo | $543/mo | $373/mo | 8.8% |
| 2020 | $1,425 | $985 | 16.4 | 4.1% | 24.3 | $254/mo | $181/mo | $523/mo | $363/mo | 9.0% |
| 2019 | $1,895 | $1,230 | 18.7 | 3.7% | 26.8 | $343/mo | $234/mo | $668/mo | $471/mo | 9.8% |
| 2018 | $2,217 | $1,483 | 16.3 | 4.1% | 24.6 | $374/mo | $255/mo | $735/mo | $515/mo | 10.3% |
| 2017 | $2,268 | $1,500 | 17 | 4.0% | 24.9 | $406/mo | $280/mo | $838/mo | $576/mo | 12.2% |
Brazil compared with Latin America and the Caribbean
| Country | Apartment price per m² (city centre) | Gross rental yield (city centre) | Price-to-income ratio | Mortgage interest rate (20-year fixed) |
|---|---|---|---|---|
| Brazil | $1,778 | 4.5% | 16.5 | 10.8% |
| Argentina | $2,312 | 3.0% | 21.1 | 98.0% |
| Bolivia | $1,120 | 5.7% | 12.8 | 7.7% |
| Chile | $2,813 | 4.3% | 17.5 | 5.3% |
| Colombia | $1,241 | 4.8% | 18.7 | 14.7% |
| Costa Rica | $1,659 | 7.0% | 9.4 | — |
| Dominican Republic | $1,450 | 7.4% | 15.5 | 14.2% |
| Ecuador | $1,214 | 6.1% | 11.3 | 10.9% |
| Mexico | $1,852 | 7.7% | 10.7 | 11.4% |
| Panama | $2,519 | 8.7% | 11.1 | 6.3% |
Related
- Properties for sale in Brazil (18)
- Mortgages in Brazil for foreigners
- Brazil market overview
- Tax rates in Brazil
Prices, rents, yields and mortgage rates: Numbeo (crowd-sourced, national averages of city data). Values in US dollars.