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

The average gross rental yield in Costa Rica stands at 7.27% (Q3, 2024). Previously, in Q4 2022 the average rental yield was 7.18%.

Cities and areas compared
  • San José
  • Curridabat
  • Escazú
  • Santa Ana
  • Heredia
Historical rental yields in Costa Rica

View the full rental yield dataset (2022 - Present)


  Last Updated: July 17, 2024
Next Update: May 2025
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

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 Costa Rica, 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. 

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