Property Prices in Rio de Janeiro, Brazil

Index Info
Price to Income Ratio: 26.71
Mortgage as Percentage of Income: 313.24%
Loan Affordability Index: 0.32
Price to Rent Ratio - City Centre: 23.77
Price to Rent Ratio - Outside of Centre: 16.85
Gross Rental Yield (City Centre): 4.21%
Gross Rental Yield (Outside of Centre): 5.93%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,313.64 R$ 1,500.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,581.82 R$ 1,000.00-3,000.00
Apartment (3 bedrooms) in City Centre 4,563.64 R$ 3,500.00-7,000.00
Apartment (3 bedrooms) Outside of Centre 3,504.76 R$ 2,500.00-5,500.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 1,162.82 R$ 678.19-1,628.58
Price per Square Feet to Buy Apartment Outside of Centre 596.54 R$ 442.21-743.22
Salaries And Financing
Average Monthly Net Salary (After Tax) 1,772.55 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.18 8.00-12.00

These data are based on 188 entries in the past 18 months from 34 different contributors.
Last update: February 2024

Sources and References
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2 Comments so far
Ricardo on Mar 01, 2021:
How much does it cost a 2 bedrooms apartment in Barra da Tijuca
Abdul Kadir on Aug 14, 2020:
How much flat 3 bedrooms values in Praca Seca ( Rio de Janeiro) outside of The centre.