Zona Sul (Ipanema / Leblon) is a trophy-tier Rio de Janeiro submarket with average asking rent around R$264/sqm/mo · ≈ $58.9 PSF/yr USD.

  • Average asking rent: R$264/sqm/mo · ≈ $58.9 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: R$250/sqm/mo · ≈ $55.7 PSF/yr USD ($56 USD).
  • Citywide vacancy: 22.4% — submarket-level availability is typically tighter at trophy tier.

Zona Sul (Ipanema / Leblon), Rio de Janeiro office rents and availability

Zona Sul (Ipanema / Leblon) is a trophy-tier Rio de Janeiro submarket with average asking rent around R$264/sqm/mo · ≈ $58.9 PSF/yr USD.

TL;DR

  • Average asking rent: R$264/sqm/mo · ≈ $58.9 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: R$250/sqm/mo · ≈ $55.7 PSF/yr USD ($56 USD).
  • Citywide vacancy: 22.4% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

Zona Sul (Ipanema / Leblon) averages around R$264/sqm/mo · ≈ $58.9 PSF/yr USD for Class A, against a citywide Class A index of 250. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Premium beachfront boutique Class A. Boutique HQs, private banking, family offices, hospitality HQs.

Key facts

cityRio de Janeiro
submarketZona Sul (Ipanema / Leblon)
tiertrophy
averageRentLocalR$264/sqm/mo · ≈ $58.9 PSF/yr USD
cityClassARentUsd$56/sqft/yr
cityVacancyPct22.4%

Frequently asked questions

What is the average Class A rent in Zona Sul (Ipanema / Leblon), Rio de Janeiro?
Around R$264/sqm/mo · ≈ $58.9 PSF/yr USD. The citywide Class A index sits at R$250/sqm/mo · ≈ $55.7 PSF/yr USD.

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Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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