Costa Rica House Prices, Rents & Rental Yields (2026)
How much property costs in Costa Rica, what it rents for and how that compares with neighbouring markets in Latin America and the Caribbean. City-centre prices per m² rank 6 of 10 in this comparison; gross yields rank 4 of 10.
- Apartment price per m² (city centre)
- $1,659
- 2022
- Apartment price per m² (outside centre)
- $1,127
- 2022
- Gross rental yield (city centre)
- 7.0%
- 2024
- Price-to-income ratio
- 9.4
- 2024
- Rent: 1-bedroom, city centre
- $689/mo
- 2023
Price and rent trends in Costa Rica
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 | $1,659 | 2022 | -7.2% vs 2020 | Numbeo |
| Apartment price per m² (outside centre)Average price per square metre to buy an apartment outside city centres | $1,127 | 2022 | -10.7% vs 2020 | Numbeo |
| Price-to-income ratioMedian apartment price divided by median annual disposable family income | 9.4 | 2024 | -1.1% vs 2023 | Numbeo |
| Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments | 7.0% | 2024 | +0.5 pp vs 2023 | Numbeo |
| Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments | 14.2 | 2024 | -7.2% vs 2023 | Numbeo |
| Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre | $689/mo | 2023 | +9.7% vs 2022 | Numbeo |
| Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre | $474/mo | 2023 | +24.9% vs 2022 | Numbeo |
| Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre | $1,545/mo | 2023 | +46.0% vs 2022 | Numbeo |
| Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre | $912/mo | 2023 | +20.2% 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 |
|---|---|---|---|---|---|---|---|---|---|
| 2024 | — | — | 9.4 | 7.0% | 14.2 | — | — | — | — |
| 2023 | — | — | 9.5 | 6.5% | 15.3 | $689/mo | $474/mo | $1,545/mo | $912/mo |
| 2022 | $1,659 | $1,127 | 10.6 | 5.7% | 17.7 | $628/mo | $379/mo | $1,058/mo | $759/mo |
| 2021 | — | — | 10.1 | 5.8% | 17.2 | $693/mo | $464/mo | $1,159/mo | $878/mo |
| 2020 | $1,788 | $1,261 | 10.3 | 6.0% | 16.8 | $527/mo | $352/mo | $871/mo | $644/mo |
| 2019 | $2,039 | $1,495 | 9.3 | 6.9% | 14.5 | $473/mo | $391/mo | $879/mo | $692/mo |
| 2018 | $1,815 | $1,624 | 7.9 | 7.3% | 13.7 | $508/mo | $393/mo | $935/mo | $739/mo |
| 2017 | $1,500 | $1,121 | 8.5 | 7.2% | 14 | $581/mo | $400/mo | $1,001/mo | $770/mo |
Costa Rica 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) |
|---|---|---|---|---|
| Costa Rica | $1,659 | 7.0% | 9.4 | — |
| Argentina | $2,312 | 3.0% | 21.1 | 98.0% |
| Bolivia | $1,120 | 5.7% | 12.8 | 7.7% |
| Brazil | $1,778 | 4.5% | 16.5 | 10.8% |
| Chile | $2,813 | 4.3% | 17.5 | 5.3% |
| Colombia | $1,241 | 4.8% | 18.7 | 14.7% |
| 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 Costa Rica (6,416)
- Mortgages in Costa Rica for foreigners
- Costa Rica market overview
- Tax rates in Costa Rica
Prices, rents, yields and mortgage rates: Numbeo (crowd-sourced, national averages of city data). Values in US dollars.