Gross rental yields in Costa Rica: San Jose 2 other cities

The average gross rental yield in Costa Rica stands at 7.28% (Q3, 2024). Previously, in Q4, 2022 the average gross rental yield stood at 7.18%.

  • San José
  • Curridabat
  • Escazú
  • Santa Ana
  • Heredia
  Last Updated: July 17, 2024
SAN JOSÉ - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Rohrmoser  
1-Bedroom $160,000 $1,100 8.25%
2-Bedroom $215,000 $1,300 7.26%
3-Bedroom $375,000 $2,500 8.00%
Mata Redonda  
1-Bedroom $145,000 $975 8.07%
2-Bedroom $209,000 $1,400 8.04%
3-Bedroom $315,000 $2,600 9.90%
San José avg. Rental Yields 8.25%
CURRIDABAT - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Curridabat (all locations)  
1-Bedroom $135,000 $733 6.52%
2-Bedroom $173,000 $1,000 6.94%
3-Bedroom $209,504 $1,150 6.59%
Curridabat (all locations) avg. Rental Yields 6.68%
ESCAZÚ - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Escazú (all locations)  
1-Bedroom $199,000 $1,100 6.63%
2-Bedroom $290,000 $1,700 7.03%
3-Bedroom $415,000 $2,500 7.23%
4+Bedroom $595,000 $3,000 6.05%
Escazú (all locations) avg. Rental Yields 6.74%
SANTA ANA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Santa Ana (all locations)  
1-Bedroom $154,000 $850 6.62%
2-Bedroom $175,000 $1,300 8.91%
3-Bedroom $295,000 $1,350 5.49%
Santa Ana (all locations) avg. Rental Yields 7.01%
HEREDIA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Heredia (all locations)  
1-Bedroom $125,000 $750 7.20%
2-Bedroom $140,000 $950 8.14%
Heredia (all locations) avg. Rental Yields 7.67%
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 encuentra24.com
Costa Rica´s Historic Rental Yield Data

Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of Costa Rica. We utilized the Encuentra24 website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).

For instance, if the monthly rent is $500 and the purchase price is $100,000, the calculation would be: $500 (Monthly Rent) x 12 / $100,000 (Purchase Price) = 6% (Gross Rental Yield).

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