Florianópolis, SC, and Rio de Janeiro, RJ, had the most expensive housing in Brazil in July 2024. The average house price in Florianópolis, the capital of Southern Brazil's Santa Catarina state, cost close to 1.4 million Brazilian reals, whereas in Rio de Janeiro, it was about 1.2 million Brazilian reals. From the 12 cities under observation, João Pessoa had the most affordable housing, with the average house price at 600,000 Brazilian reals. House prices in Brazil have grown year-on-year since 2018.

Florianópolis, SC, and São Paulo, SP, had the most expensive housing per square meter in Brazil in September 2023. The average square meter price of residential real estate in Florianópolis cost almost 10,200 Brazilian reals, whereas in Sao Paolo, it was about 9,800 Brazilian reals. From the 12 cities under observation, Salvador, BA, had the most affordable housing, with the average house price at 5,500 Brazilian reals. Overall, house prices in Brazil have risen year-on-year since 2018.

Key information about House Prices Growth

• Brazil house prices grew 8.2% YoY in Feb 2025, following an increase of 8.0% YoY in the previous month.
• YoY growth data is updated monthly, available from Jan 2009 to Feb 2025, with an average growth rate of 5.7%.
• House price data reached an all-time high of 30.8% in Jun 2011 and a record low of -0.7% in Feb 2018.

Between the second and the third quarter of 2022, house prices in Brazil increased by 2.6 percent. This was the first quarterly increase since 2020. Between 2010 and 2014, the house prices generally increased, but this trend reversed in mid-2014 and remained until late 2021.

Brazil FipeZap House Asking Price Index: Sales: Average Price: Florianópolis: 4 Bedrooms or more data was reported at 7,778.618 BRL/sq m in Jun 2019. This records a decrease from the previous number of 7,785.024 BRL/sq m for May 2019. Brazil FipeZap House Asking Price Index: Sales: Average Price: Florianópolis: 4 Bedrooms or more data is updated monthly, averaging 7,524.039 BRL/sq m from Jun 2012 (Median) to Jun 2019, with 85 observations. The data reached an all-time high of 8,066.600 BRL/sq m in Mar 2018 and a record low of 5,514.602 BRL/sq m in Oct 2012. Brazil FipeZap House Asking Price Index: Sales: Average Price: Florianópolis: 4 Bedrooms or more data remains active status in CEIC and is reported by Institute of Economic Research Foundation. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EK010: Real Estate: FipeZap House Asking Price Index: Sales: Average Price.

BR: Residential: Condominium: Average Price: USD: Metropolitan Region: Sao Paulo: 1 Bedroom data was reported at 2,129.000 USD/sq m in 2021. This records an increase from the previous number of 1,933.000 USD/sq m for 2020. BR: Residential: Condominium: Average Price: USD: Metropolitan Region: Sao Paulo: 1 Bedroom data is updated yearly, averaging 2,230.500 USD/sq m from Dec 2000 (Median) to 2021, with 22 observations. The data reached an all-time high of 5,194.000 USD/sq m in 2011 and a record low of 994.000 USD/sq m in 2002. BR: Residential: Condominium: Average Price: USD: Metropolitan Region: Sao Paulo: 1 Bedroom data remains active status in CEIC and is reported by Brazilian Enterprise for Equity Studies. The data is categorized under Global Database’s Brazil – Table BR.RKA005: Real Estate: Condominium Stock.

Brazil FipeZap House Asking Price Index: Rent: Average Price: São Paulo: 3 Bedrooms data was reported at 32.118 BRL/sq m in Jun 2019. This records an increase from the previous number of 31.868 BRL/sq m for May 2019. Brazil FipeZap House Asking Price Index: Rent: Average Price: São Paulo: 3 Bedrooms data is updated monthly, averaging 30.278 BRL/sq m from Jan 2008 (Median) to Jun 2019, with 138 observations. The data reached an all-time high of 32.452 BRL/sq m in Feb 2015 and a record low of 16.347 BRL/sq m in Jan 2008. Brazil FipeZap House Asking Price Index: Rent: Average Price: São Paulo: 3 Bedrooms data remains active status in CEIC and is reported by Institute of Economic Research Foundation. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EK014: Real Estate: FipeZap House Asking Price Index: Rent: Average Price.

Brazil FipeZap House Asking Price Index: Sales: Average Price: Santos: 4 Bedrooms or more data was reported at 6,171.795 BRL/sq m in Jun 2019. This records a decrease from the previous number of 6,192.127 BRL/sq m for May 2019. Brazil FipeZap House Asking Price Index: Sales: Average Price: Santos: 4 Bedrooms or more data is updated monthly, averaging 6,132.406 BRL/sq m from Dec 2012 (Median) to Jun 2019, with 79 observations. The data reached an all-time high of 6,489.168 BRL/sq m in Jun 2018 and a record low of 5,438.486 BRL/sq m in Mar 2013. Brazil FipeZap House Asking Price Index: Sales: Average Price: Santos: 4 Bedrooms or more data remains active status in CEIC and is reported by Institute of Economic Research Foundation. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EK010: Real Estate: FipeZap House Asking Price Index: Sales: Average Price.

Brazil FipeZap House Asking Price Index: Sales: Average Price: Florianópolis: 2 Bedrooms data was reported at 6,783.830 BRL/sq m in Jun 2019. This records an increase from the previous number of 6,743.334 BRL/sq m for May 2019. Brazil FipeZap House Asking Price Index: Sales: Average Price: Florianópolis: 2 Bedrooms data is updated monthly, averaging 6,170.099 BRL/sq m from Jun 2012 (Median) to Jun 2019, with 85 observations. The data reached an all-time high of 6,783.830 BRL/sq m in Jun 2019 and a record low of 4,416.020 BRL/sq m in Oct 2012. Brazil FipeZap House Asking Price Index: Sales: Average Price: Florianópolis: 2 Bedrooms data remains active status in CEIC and is reported by Institute of Economic Research Foundation. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EK010: Real Estate: FipeZap House Asking Price Index: Sales: Average Price.

Leblon, Ipanema, and Lagoa were the most expensive neighborhoods to buy and apartment in Rio De Janeiro, Brazil, in October 2022. The square meter price of an apartment cost on average over 3,000 U.S. dollars, with Leblon achieving prices as high as 4,200 U.S. dollars per square meter. In Joá, on the other hand, the apartments prices were half of Ipanema's average.

Itaim Bibi, Pinheiros, and Moema were the most expensive neighborhoods for residential real estate in São Paulo, Brazil, as October 2022. Prospective home buyers in Itaim Bibi would have to pay on average 2,900 U.S. dollars per square meter, while in Bela Vista, the same amount of space would cost them 1,000 U.S. dollars less.

Brazil FipeZap House Asking Price Index: Rent: Average Price: Rio de Janeiro: 3 Bedrooms data was reported at 28.430 BRL/sq m in Jun 2019. This records a decrease from the previous number of 28.466 BRL/sq m for May 2019. Brazil FipeZap House Asking Price Index: Rent: Average Price: Rio de Janeiro: 3 Bedrooms data is updated monthly, averaging 29.865 BRL/sq m from Jan 2008 (Median) to Jun 2019, with 138 observations. The data reached an all-time high of 38.396 BRL/sq m in Jun 2014 and a record low of 15.943 BRL/sq m in Feb 2008. Brazil FipeZap House Asking Price Index: Rent: Average Price: Rio de Janeiro: 3 Bedrooms data remains active status in CEIC and is reported by Institute of Economic Research Foundation. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EK014: Real Estate: FipeZap House Asking Price Index: Rent: Average Price.

Brazil FipeZap House Asking Price Index: Sales: Average Price: Distrito Federal: 4 Bedrooms or more data was reported at 9,409.171 BRL/sq m in Jun 2019. This records a decrease from the previous number of 9,439.227 BRL/sq m for May 2019. Brazil FipeZap House Asking Price Index: Sales: Average Price: Distrito Federal: 4 Bedrooms or more data is updated monthly, averaging 9,475.992 BRL/sq m from Aug 2010 (Median) to Jun 2019, with 107 observations. The data reached an all-time high of 12,846.291 BRL/sq m in Aug 2012 and a record low of 9,153.997 BRL/sq m in Jul 2013. Brazil FipeZap House Asking Price Index: Sales: Average Price: Distrito Federal: 4 Bedrooms or more data remains active status in CEIC and is reported by Institute of Economic Research Foundation. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EK010: Real Estate: FipeZap House Asking Price Index: Sales: Average Price.

Brazil and Argentina are some of the Latin American countries with the highest average square meter price of an apartment as of November 2020. In Brazil, a 120 square meter apartment located in the center of a major city sold at around 4,833 per square meter. Rio de Janeiro is one of the Latin American cities where buying an apartment is most expensive.

Brazil FipeZap House Asking Price Index: Rent: Average Price: 4 Bedrooms or more data was reported at 27.204 BRL/sq m in Jun 2019. This records an increase from the previous number of 26.992 BRL/sq m for May 2019. Brazil FipeZap House Asking Price Index: Rent: Average Price: 4 Bedrooms or more data is updated monthly, averaging 26.968 BRL/sq m from Jan 2008 (Median) to Jun 2019, with 138 observations. The data reached an all-time high of 29.634 BRL/sq m in Apr 2014 and a record low of 14.755 BRL/sq m in Jan 2008. Brazil FipeZap House Asking Price Index: Rent: Average Price: 4 Bedrooms or more data remains active status in CEIC and is reported by Institute of Economic Research Foundation. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EK014: Real Estate: FipeZap House Asking Price Index: Rent: Average Price.

The average asking rent per square meter of industrial and logistics real estate in Brazil was about 23 Brazilian reals in the first quarter of 2023, but this figure varied across different markets. São Paulo, which was the market with most inventory, had monthly rent of 25.7 Brazilian reals per square meter, making it the second most expensive market. Within São Paulo, warehouse rents reached up to 35 Brazilian reals per square meter.

Brazil FipeZap House Asking Price Index: Rent: Average Price: Santo André data was reported at 21.762 BRL/sq m in Jun 2019. This records an increase from the previous number of 21.604 BRL/sq m for May 2019. Brazil FipeZap House Asking Price Index: Rent: Average Price: Santo André data is updated monthly, averaging 20.516 BRL/sq m from Jan 2018 (Median) to Jun 2019, with 18 observations. The data reached an all-time high of 21.762 BRL/sq m in Jun 2019 and a record low of 20.221 BRL/sq m in May 2018. Brazil FipeZap House Asking Price Index: Rent: Average Price: Santo André data remains active status in CEIC and is reported by Institute of Economic Research Foundation. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EK014: Real Estate: FipeZap House Asking Price Index: Rent: Average Price.

Brazil FipeZap House Asking Price Index: Sales: Average Price: Porto Alegre: 3 Bedrooms data was reported at 6,217.784 BRL/sq m in Jun 2019. This records an increase from the previous number of 6,208.835 BRL/sq m for May 2019. Brazil FipeZap House Asking Price Index: Sales: Average Price: Porto Alegre: 3 Bedrooms data is updated monthly, averaging 6,050.886 BRL/sq m from Jun 2012 (Median) to Jun 2019, with 85 observations. The data reached an all-time high of 6,398.844 BRL/sq m in Oct 2017 and a record low of 4,752.087 BRL/sq m in Jun 2012. Brazil FipeZap House Asking Price Index: Sales: Average Price: Porto Alegre: 3 Bedrooms data remains active status in CEIC and is reported by Institute of Economic Research Foundation. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EK010: Real Estate: FipeZap House Asking Price Index: Sales: Average Price.

This statistic displays the monthly rent for a mid-range two-bedroom apartment in Rio de Janeiro, Brazil from 2014 to 2019. In 2019, the monthly rent of a two-bedroom apartment in Rio de Janeiro amounted to about 631 U.S. dollars, down from 771 U.S. dollars a year earlier.

Brazil FipeZap House Asking Price Index: Sales: Average Price: Curitiba: 4 Bedrooms or more data was reported at 6,498.392 BRL/sq m in Jun 2019. This records a decrease from the previous number of 6,534.736 BRL/sq m for May 2019. Brazil FipeZap House Asking Price Index: Sales: Average Price: Curitiba: 4 Bedrooms or more data is updated monthly, averaging 6,142.774 BRL/sq m from Jun 2012 (Median) to Jun 2019, with 85 observations. The data reached an all-time high of 6,757.791 BRL/sq m in Jan 2019 and a record low of 3,949.584 BRL/sq m in Aug 2012. Brazil FipeZap House Asking Price Index: Sales: Average Price: Curitiba: 4 Bedrooms or more data remains active status in CEIC and is reported by Institute of Economic Research Foundation. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EK010: Real Estate: FipeZap House Asking Price Index: Sales: Average Price.