Rents in Brazil compared to Latin America

This is a comparison of median monthly rental prices in the most expensive region of the capital/most important city for a 1-bedroom apartment. The numbers are based on our in-house research.

Mexico, Mexico city $ 1,467
Brazil, Rio De Janeiro $ 965
Colombia, Medellin $ 830
Peru, Lima $ 715
Uruguay, Montevideo $ 710
Argentina, Buenos Aires $ 650
Chile, Santiago $ 375

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).