Property Prices in Rio de Janeiro, Brazil

Index Info
Price to Income Ratio: 21.60
Mortgage as Percentage of Income: 261.29%
Loan Affordability Index: 0.38
Price to Rent Ratio - City Centre: 19.11
Price to Rent Ratio - Outside of Centre: 16.54
Gross Rental Yield (City Centre): 5.23%
Gross Rental Yield (Outside of Centre): 6.05%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,407.24 R$ 1,800.00-4,500.00
Apartment (1 bedroom) Outside of Centre 1,732.00 R$ 1,200.00-3,000.00
Apartment (3 bedrooms) in City Centre 5,209.09 R$ 3,500.00-9,000.00
Apartment (3 bedrooms) Outside of Centre 3,417.86 R$ 2,500.00-6,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,017.41 R$ 743.22-1,628.58
Price per Square Feet to Buy Apartment Outside of Centre 605.83 R$ 442.87-929.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,022.18 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.64 9.00-12.00

These data are based on 236 entries in the past 18 months from 43 different contributors.
Last update: December 2024

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