Gross rental yields in Brazil: Sao Paulo and 5 other cities
The average gross rental yield in Brazil stands at 5.64% (Q3, 2026). Previously, in Q1 2026, the rental yield was 5.71%.
Cities and areas compared
- Sao Paulo
- Rio de Janeiro
- Fortaleza
- Guarapari
- Recife
- Vitoria
Historical rental yields in Brazil
| SAO PAULO - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Center | |||
| 1-Bedroom | $70,500 | $490 | 8.34% |
| 2-Bedroom | $97,700 | $740 | 9.09% |
| 3-Bedroom | $195,800 | $1,330 | 8.15% |
| Brooklin (North and South) | |||
| 1-Bedroom | $132,300 | $760 | 6.89% |
| 2-Bedroom | $244,400 | $1,570 | 7.71% |
| 3-Bedroom | $368,700 | $2,600 | 8.46% |
| 4-Bedroom | $636,300 | $3,720 | 7.02% |
| Vila Olimpia | |||
| 1-Bedroom | $176,500 | $950 | 6.46% |
| 2-Bedroom | $251,300 | $1,470 | 7.02% |
| 3-Bedroom | $391,600 | $2,720 | 8.34% |
| 4-Bedroom | $716,000 | $4,820 | 8.08% |
| Jardim Europa | |||
| 1-Bedroom | $176,200 | $930 | 6.33% |
| 2-Bedroom | $518,800 | $2,890 | 6.68% |
| 3-Bedroom | $763,500 | $4,110 | 6.46% |
| 4-Bedroom | $2,327,800 | $7,830 | 4.04% |
| Sao Paolo (all locations) | |||
| 1-Bedroom | $155,400 | $790 | 6.10% |
| 2-Bedroom | $248,200 | $1,630 | 7.88% |
| 3-Bedroom | $388,100 | $2,730 | 8.44% |
| 4-Bedroom | $648,900 | $3,720 | 6.88% |
| São Paulo avg. Rental Yields | 6.70% | ||
| RIO DE JANEIRO - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Ipanema | |||
| 2-Bedroom | $469,900 | $2,350 | 6.00% |
| 3-Bedroom | $624,500 | $2,940 | 5.65% |
| 4-Bedroom | $934,800 | $4,890 | 6.28% |
| Leblon | |||
| 2-Bedroom | $448,300 | $2,350 | 6.29% |
| 3-Bedroom | $646,100 | $3,330 | 6.18% |
| 4-Bedroom | $1,174,700 | $4,110 | 4.20% |
| Rio De Janeiro (all locations) | |||
| 1-Bedroom | $133,100 | $375 | 3.38% |
| 2-Bedroom | $167,900 | $395 | 2.82% |
| 3-Bedroom | $297,000 | $1,160 | 4.69% |
| 4-Bedroom | $431,500 | $2,755 | 7.66% |
| Rio De Janeiro (all locations) avg. Rental Yields | 5.57% | ||
| FORTALEZA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Fortaleza (all locations) | |||
| 2-Bedroom | $84,100 | $260 | 3.71% |
| 3-Bedroom | $154,700 | $530 | 4.11% |
| 4-Bedroom | $626,500 | $1,080 | 2.07% |
| Fortaleza (all locations) avg. Rental Yields | 3.23% | ||
| GUARAPARI - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Guarapari (all locations) | |||
| 1-Bedroom | $81,200 | $390 | 5.76% |
| 2-Bedroom | $141,000 | $590 | 5.02% |
| 3-Bedroom | $225,100 | $780 | 4.16% |
| 4-Bedroom | $430,700 | $965 | 2.69% |
| Guarapari (all locations) avg. Rental Yields | 4.68% | ||
| RECIFE - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Recife (all locations) | |||
| 1-Bedroom | $72,900 | $630 | 10.37% |
| 2-Bedroom | $88,100 | $780 | 10.62% |
| 3-Bedroom | $135,100 | $1,120 | 9.95% |
| 4-Bedroom | $317,200 | $2,060 | 7.79% |
| Recife (all locations) avg. Rental Yields | 8.55% | ||
| VITORIA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Vitoria (all locations) | |||
| 2-Bedroom | $176,200 | $690 | 4.70% |
| 3-Bedroom | $273,100 | $970 | 4.26% |
| Vitoria (all locations) avg. Rental Yields | 4.71% | ||
| All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents' fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and Imovelweb |
|||
View the full rental yield dataset (2023 - Present)
Research Methodology:
Rental yields are updated twice a year based on asking rents and asking purchase prices for 1-, 2-, and 3-bedroom apartments in Brazil's major cities.
We source data from leading local property portals, capturing current market conditions as reflected in active listings.
All figures are gross yields — before taxes, maintenance, vacancies, or other costs. Net yields are typically 1.5%–2% lower.
