Gross rental yields in Brazil: Sao Paulo and 4 other cities
The average gross rental yield in Brazil stands at 5.28% (Q1, 2025). Previously, in Q3 2024 the rental yield was 5.62%.
Cities and areas compared
- Sao Paulo
- Rio de Janeiro
- Fortaleza
- Guarapari
- Recife
- Vitoria
Historical rental yields in Brazil
View the full rental yield dataset (2023 - Present)
| Last Updated: Feb 20, 2025 Next Update: July 2025 |
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| SAO PAULO - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Center | |||
| 1-Bedroom | $54,913 | $344 | 7.52% |
| 2-Bedroom | $79,186 | $430 | 6.52% |
| 3-Bedroom | $137,715 | $831 | 7.24% |
| Brooklin (North and South) | |||
| 1-Bedroom | $107,676 | $689 | 7.68% |
| 2-Bedroom | $204,851 | $1,250 | 7.32% |
| 3-Bedroom | $332,237 | $1,721 | 6.22% |
| 4-Bedroom | $550,821 | $2,840 | 6.19% |
| Vila Olimpia | |||
| 1-Bedroom | $126,525 | $689 | 6.53% |
| 2-Bedroom | $177,700 | $981 | 6.62% |
| 3-Bedroom | $342,566 | $2,152 | 7.54% |
| 4-Bedroom | $627,623 | $4,304 | 8.23% |
| Jardim Europa | |||
| 1-Bedroom | $135,133 | $663 | 5.89% |
| 2-Bedroom | $464,780 | $1,980 | 5.11% |
| 3-Bedroom | $723,004 | $3,959 | 6.57% |
| 4-Bedroom | $2,046,792 | $7,849 | 4.60% |
| Sao Paolo (all locations) | |||
| 1-Bedroom | $119,100 | $654 | 6.59% |
| 2-Bedroom | $191,300 | $1,015 | 6.37% |
| 3-Bedroom | $327,980 | $1,836 | 6.72% |
| 4-Bedroom | $607,596 | $2,066 | 4.08% |
| Sao Paulo avg. Rental Yields | 5.94% | ||
| RIO DE JANEIRO - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Ipanema | |||
| 2-Bedroom | $309,859 | $1,893 | 7.33% |
| 3-Bedroom | $497,416 | $2,615 | 6.31% |
| 4-Bedroom | $826,291 | $4,475 | 6.50% |
| Leblon | |||
| 2-Bedroom | $318,466 | $1,325 | 4.99% |
| 3-Bedroom | $482,003 | $2,668 | 6.64% |
| 4-Bedroom | $998,435 | $3,787 | 4.55% |
| Rio De Janeiro (all locations) | |||
| 1-Bedroom | $95,485 | $230 | 2.89% |
| 2-Bedroom | $111,256 | $349 | 3.76% |
| 3-Bedroom | $247,095 | $710 | 3.45% |
| 4-Bedroom | $392,798 | $1,721 | 5.26% |
| Rio De Janeiro (all locations) avg. Rental Yields | 3.84% | ||
| FORTALEZA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Fortaleza (all locations) | |||
| 2-Bedroom | $60,898 | $207 | 4.08% |
| 3-Bedroom | $117,918 | $396 | 4.03% |
| 4-Bedroom | $413,145 | $734 | 2.13% |
| Fortaleza (all locations) avg. Rental Yields | 3.41% | ||
| GUARAPARI - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Guarapari (all locations) | |||
| 1-Bedroom | $60,250 | $258 | 5.14% |
| 2-Bedroom | $103,286 | $430 | 5.00% |
| 3-Bedroom | $159,171 | $603 | 4.55% |
| 4-Bedroom | $309,859 | $1,162 | 4.50% |
| Guarapari (all locations) avg. Rental Yields | 4.80% | ||
| RECIFE - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Recife (all locations) | |||
| 1-Bedroom | $57,906 | $516 | 10.69% |
| 2-Bedroom | $68,685 | $611 | 10.67% |
| 3-Bedroom | $108,450 | $775 | 8.58% |
| 4-Bedroom | $250,853 | $1,412 | 6.75% |
| Recife (all locations) avg. Rental Yields | 9.17% | ||
| VITORIA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Vitoria (all locations) | |||
| 2-Bedroom | $129,108 | $516 | 4.80% |
| 3-Bedroom | $182,042 | $642 | 4.23% |
| Vitoria (all locations) avg. Rental Yields | 4.51% | ||
| 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 |
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Research Methodology:
Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, 3-bedroom across the largest cities in Brazil, comparing median rental prices with median purchase prices to determine gross rental yields.
We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:
(Median Monthly Rent × 12) ÷ Median Purchase Price × 100
For example, if the median monthly rent is $500 and the median purchase price is $100,000, the yield is calculated as:
($500 × 12) ÷ $100,000 = 6% Gross Rental Yield
Note: NET yields vary from country to country, but are usually 1.5-2% lower.