Residential rental prices in Porto Alegre recorded a 0.95% increase in June, a slight acceleration compared to the previous month. However, the accumulated variation over the last 12 months slowed to 11.71%—the lowest level registered since the May 2024 floods, which heavily impacted the local real estate market. The data comes from the QuintoAndar Imovelweb Rental Index.

The shock to the property supply impacted the local market as a whole, raising prices in the subsequent periods. Over the months, as the city’s rhythm returned to normal, the average cost of rent began to grow moderately again, reflecting the scenario observed last month.

In the first half of 2025, Porto Alegre registered an accumulated appreciation of 4.81%. This was the lowest increase for the period since 2022, when rent rose by 3.2% between January and June. In 2024, the increase had been 7.64%.

“The rental market in Porto Alegre is showing signs of stabilization after a period of strong price pressure. The slowdown in the 12-month accumulated figure indicates that the growth rate is returning to a level closer to the period before the floods. Still, the demand for rental properties remains heated, which should keep prices at a high level in the coming months,” states Thiago Reis, Data Manager at Grupo QuintoAndar.

Among the most expensive neighborhoods to rent in Porto Alegre, Três Figueiras stands out with a square meter price of R$ 63.50, followed by RioBranco at R$ 61.80. On the other end, the neighborhoods with the most affordable square meter are Cavalhada (R$ 21.36/m2) and Jardim Itu−Sabará (R$ 20.89/m²).