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
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

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. 

Get Full Access

Pay $49 $99 per month. Cancel anytime.

Stay updated with global real estate markets

Get the data behind 88 countries for $49 $99 per month.
Latest Market Reports
Rental Yields
House Price Indices
Rent Price Indices
Square Meter Prices
Median Property Prices
Median Rent Prices
Mortgage Rates
Property Taxes
Quarterly Trackers
Quarterly Market Overviews

Subscribe to Global Property Guide

Access up-to-date real estate data and statistics.

This page requires a Professional plan

Get the data behind 80+ countries for $39 per month.
Historical & Current Rental Yields
Historical & Current Purchase Prices
Historical & Current Rent Prices
Historical & Current m2/sqft Prices