Property Prices in Rio de Janeiro, Brazil

Index Info
Price to Income Ratio: 18.22
Mortgage as Percentage of Income: 228.97%
Loan Affordability Index: 0.44
Price to Rent Ratio - City Centre: 17.94
Price to Rent Ratio - Outside of Centre: 16.55
Gross Rental Yield (City Centre): 5.58%
Gross Rental Yield (Outside of Centre): 6.04%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,448.62 R$ 1,800.00-4,500.00
Apartment (1 bedroom) Outside of Centre 1,853.85 R$ 1,300.00-3,000.00
Apartment (3 bedrooms) in City Centre 5,027.27 R$ 3,000.00-9,000.00
Apartment (3 bedrooms) Outside of Centre 3,222.73 R$ 2,500.00-6,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 946.49 R$ 668.90-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 612.15 R$ 442.87-929.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,302.25 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.22 9.00-14.00

These data are based on 234 entries in the past 18 months from 44 different contributors.
Last update: March 2025

Sources and References
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1 Comments so far
Ricardo on Mar 01, 2021:
How much does it cost a 2 bedrooms apartment in Barra da Tijuca