Rio de Janeiro rents have jumped almost 43 percent in three years, far outpacing inflation, as tourism and remote workers price locals out of top districts.
Living in Brazil
Key Facts
—The surge. Average rents in Rio rose 42.7 percent between May 2023 and May 2026, against inflation of 14.9 percent.
—The hotspots. In Copacabana, Ipanema and Leblon, rents per square metre have roughly doubled since 2021.
—The buyers. Foreigners made up about 28 percent of studio purchases in those beach districts from November to April.
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Foreigners are increasing their purchases of compact apartments
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Rio de Janeiro drew a record 12.5 million visitors in 2025 and now targets 5.7 million in 2026, as foreign arrivals surge and…
Inversores están aumentando la compra de apartamentos compactos
