Rents in Brazil compared to Latin America

This comparison presents the median monthly rental prices for a 1-bedroom apartment in the most expensive regions of capital cities or major urban centers, based on our in-house research.

Mexico, Mexico city $ 1,555
Brazil, Rio De Janeiro $ 965
Colombia, Medellin $ 950
Uruguay, Montevideo $ 847
Argentina, Buenos Aires $ 800
Peru, Lima $ 710
Chile, Santiago $ 367

Brazil does not publish official house price indices. but a private, non-profit organization, Fundação Instituto de Pesquisas Econômicas, has published monthly house price statistics for Sao Paulo since January 2008. General economics statistics data are from the Banco Central do Brasil and the Instituto Brasileiro de Geografia e Estatistica (also in English).