Brazil rent inflation at 4.43% in the year to October 2026

IBGE's IPCA-15 put rent and charges 4.43% higher over 12 months and the housing group at 4.04%, both under the 4.62% headline rate for October.

The facts

IBGE's IPCA-15 consumer price index rose 0.32% in October 2026, taking its 12-month rate to 4.62%. Prices were collected from 16 September to 14 October and compared with 15 August to 15 September.
The rent and charges subitem was flat on the month at 0.00% and +4.43% over 12 months.
The housing group as a whole fell 0.10% on the month, against a 2.07% rise in September, and stands 4.04% higher over 12 months.
Housing subtracted 0.02 percentage points from the October index after adding 0.31 points in September.
Inside housing, residential electricity fell 0.89% and household fuels rose 1.13%; repairs rose 0.41% and are 5.89% higher over 12 months.
IBGE's text names two risers separately — bottled cooking gas at 1.28% and residential rent at 0.28% — and residential rent is a narrower aggregate than the 0.00% rent and charges line.

The rent index rises slower than the headline. Glopra puts Brazil's asking rent at USD 10.6 per square metre a month.
Set against Glopra's average asking price of USD 1,937 per square metre, that rent works out at a gross yield of about 6.6% — and this release says the rent leg of it grew 4.43% over the year.
If you already let property in Brazil, the 15% rate Glopra records on rental income applies to a nominal rent the index puts 4.43% higher over twelve months, while the repairs line in the same index is 5.89% higher.

The collection window closed on 14 October, so part of the month is not in these numbers.
Housing swung from +2.07% in September to −0.10% in October. The release does not break that swing down by subitem beyond the figures above.
These are consumer price indices for rents and housing charges, not market asking rents for investment stock, and the two can diverge.

Sources: IBGE https://biblioteca.ibge.gov.br/visualizacao/periodicos/2376/ipca_15_2026_out.pdf