São Paulo is a city with a high cost of living, and this makes our lives more difficult when we are faced with the dilemma of renting an apartment. Especially when prices don’t stop rising – according to the QuintoAndar Imovelweb Rental Index, for example, the average rental price in São Paulo rose by 1.54% between January and February 2024, reaching an average price of R$63.08 per m².
If you’re looking for an apartment, here’s a list of the best and cheapest neighborhoods to rent your apartment, taking into account value, infrastructure and cost-benefit. The data is from QuintoAndar, based on surveys from 2021, updated in 2024. Check it out:
1 – Vila Matilde
This middle-class residential neighborhood was classified as the best in terms of cost-benefit for renting an apartment. In addition to good infrastructure, it is close to the center and has several leisure options.
Value per m²: R$ 27.66
2 – Tatuapé
With great infrastructure and plenty of leisure options, Tatuapé comes next in terms of value for money. After all, the rent is almost half the average in the capital and it also has a good location on the east side.
Value per m²: R$ 34.34
3 – Lapa
Lapa has a wide range of cultural and commercial options and is a must for those looking for an inexpensive apartment in the West Zone.
Value per m²: R$ 34.53
4 – Belém
The Belém region is close to the historic center and has been attracting more and more São Paulo residents due to its lower prices.
Value per m²: R$ 34.61
5 – Mooca
The famous Mooca neighborhood is a hotspot in the capital, a great option for those who want to live in an area with culture and many typical Italian restaurants.
Value per m²: R$ 39.44
6 – Vila Leopoldina
Finally, the last of the cheapest and most cost-effective neighborhoods is Vila Leopoldina. Located between two marginal roads, the region has been undergoing an appreciation process and offers great leisure areas, such as Villa Lobos Park.
Value per m²: R$ 41.94
