Rents in Rio de Janeiro are above the rate of inflation. This is according to the July report of Imovelweb, published this week. In 2022, the value increased 12.2% above the inflation rate, resulting in a real increase of 6.4%, and monthly gains of over 1.2% have been recorded since January.
According to the study, the average price of monthly rent in Rio de Janeiro in July was R$2,104 for two-bedroom apartments, an increase of 1.7% in this period. Looking at the last 12 months, the rental value has also increased slightly above . . .