Rio de Janeiro real estate prices rise 4.8% amid neighborhood shifts

Real estate prices for properties listed for sale in Rio de Janeiro increased by an average of 4.8% between the third quarter of 2025 and the third quarter of 2026, rising from R$ 1.1 million to R$ 1.15 million. According to a survey by Loft analyzing approximately 1.16 million listings across 113 neighborhoods, 78 areas experienced price increases.

Neighborhood trends varied significantly. Portuguesa, located in Ilha do Governador, saw the highest appreciation at 38%, followed by Moneró (23.9%), Inhaúma (20%), and Bancários (19.3%). In the South Zone, Flamengo (15.3%), Catete (15%), and Laranjeiras (12.3%) also recorded notable gains.

Conversely, several areas experienced declines. Joá saw a decrease of 18.1%, while Santa Cruz fell by 14.7%, Guaratiba by 14.5%, Pavuna by 12.4%, and Bangu by 11.9%. Despite these fluctuations, Joá remains the neighborhood with the highest average listing price at R$ 5 million, whereas Santa Cruz recorded some of the lowest prices at approximately R$ 110,019.