Ecuador House Prices, Rents & Rental Yields (2026)
How much property costs in Ecuador, what it rents for and how that compares with neighbouring markets in Latin America and the Caribbean. City-centre prices per m² rank 9 of 10 in this comparison; gross yields rank 5 of 10.
- Apartment price per m² (city centre)
- $1,214
- 2023
- Apartment price per m² (outside centre)
- $1,177
- 2023
- Gross rental yield (city centre)
- 6.1%
- 2024
- Price-to-income ratio
- 11.3
- 2024
- Rent: 1-bedroom, city centre
- $346/mo
- 2024
- Mortgage interest rate (20-year fixed)
- 10.9%
- 2023
Price and rent trends in Ecuador
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 | $1,214 | 2023 | +0.5% vs 2022 | Numbeo |
| Apartment price per m² (outside centre)Average price per square metre to buy an apartment outside city centres | $1,177 | 2023 | +4.1% vs 2022 | Numbeo |
| Price-to-income ratioMedian apartment price divided by median annual disposable family income | 11.3 | 2024 | +1.8% vs 2023 | Numbeo |
| Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments | 6.1% | 2024 | -0.3 pp vs 2023 | Numbeo |
| Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments | 16.5 | 2024 | +5.1% vs 2023 | Numbeo |
| Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre | $346/mo | 2024 | +6.1% vs 2023 | Numbeo |
| Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre | $269/mo | 2023 | -5.9% vs 2022 | Numbeo |
| Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre | $585/mo | 2023 | -10.6% vs 2022 | Numbeo |
| Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre | $494/mo | 2023 | -5.5% vs 2022 | Numbeo |
| Mortgage interest rate (20-year fixed)Average yearly mortgage interest rate, 20-year fixed | 10.9% | 2023 | +1.6 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 | — | — | 11.3 | 6.1% | 16.5 | $346/mo | — | — | — | — |
| 2023 | $1,214 | $1,177 | 11.1 | 6.4% | 15.7 | $326/mo | $269/mo | $585/mo | $494/mo | 10.9% |
| 2022 | $1,208 | $1,131 | 12.5 | 5.8% | 17.1 | $395/mo | $286/mo | $655/mo | $523/mo | 9.3% |
| 2021 | $1,517 | $1,028 | 12.6 | 5.8% | 17.3 | $408/mo | $253/mo | $648/mo | $453/mo | 9.2% |
| 2020 | $1,429 | $979 | 12.7 | 5.5% | 18.1 | $403/mo | $277/mo | $725/mo | $495/mo | 12.2% |
| 2019 | $1,532 | $971 | 13.1 | 5.4% | 18.4 | $404/mo | $276/mo | $726/mo | $481/mo | 10.1% |
| 2018 | $1,692 | $1,234 | 13 | 5.4% | 18.5 | $427/mo | $297/mo | $700/mo | $519/mo | 11.0% |
| 2017 | $1,200 | $1,191 | 12.6 | 6.4% | 15.6 | $368/mo | $288/mo | $621/mo | $496/mo | 11.2% |
Ecuador 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) |
|---|---|---|---|---|
| Ecuador | $1,214 | 6.1% | 11.3 | 10.9% |
| 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% |
| Costa Rica | $1,659 | 7.0% | 9.4 | — |
| Dominican Republic | $1,450 | 7.4% | 15.5 | 14.2% |
| Mexico | $1,852 | 7.7% | 10.7 | 11.4% |
| Panama | $2,519 | 8.7% | 11.1 | 6.3% |
Related
Prices, rents, yields and mortgage rates: Numbeo (crowd-sourced, national averages of city data). Values in US dollars.