September 2026

Costa Rica real estate market report — September 2026

Apartments in Costa Rica stand at $2,420 per m² (sale) in September 2026.

Houses stand at $1,552 per m².

Monthly summary of the Costa Rica real estate market by TuLugar, over 33,786 listings analysed once duplicates are removed. These are asking prices, not closing prices.

Apartments: $/m² (sale)

$2,420/m²

Houses: $/m² (sale): $1,552/m²across 10,254 houses reporting built area (77% of houses for sale)

Typical apartment price

1 bedroom
$170,000
2 bedrooms
$220,000
3 bedrooms
$345,000

Key takeaways

  • San José is the country's most expensive city for apartments: $3,164/m².
  • Merced is the most expensive neighborhood in San José ($3,443/m²); Uruca the most affordable ($2,108/m²).
  • The highest gross apartment yield in San José is in San Sebastián: 9.6% a year.
  • A typical Airbnb earns $779 per month at 40% occupancy.
  • Gross apartment rental yield is 6.8% a year — about 15 years of rent to repay the purchase.

Key figures

Each figure is computed per property type — we never blend apartments, houses and land into one average.

Apartments: $/m² (sale)

$2,420/m²

across 3,138 apartments for sale

Houses: $/m² (sale)

$1,552/m²

across 10,254 houses reporting built area (77% of houses for sale)

Median sale price (apartment)

$225,000

Median sale price (house)

$399,000

Median rent (apartment)

$1,275

Gross yield (apartments)

6.8%

≈ 15 years of rent to repay the purchase

Cities: apartment $/m²

Price per m² of apartments for sale and its monthly change. Two readings: where the m² is dearest, and what the deepest markets are doing. The first monthly change is published when the following month closes.

Most expensive

Cities with at least 200 apartments for sale, ordered by $/m².

Largest markets

The 10 cities with the most apartments for sale, ordered by $/m².

San José: $/m² by neighborhood

Median price per m² of apartments for sale in September 2026. Neighborhoods with at least 30 apartments; gray = insufficient sample.

Carmen: $3,382/m²Hospital: $2,233/m²Mata Redonda: $3,370/m²Merced: $3,443/m²Pavas: $3,304/m²San Sebastián: $2,295/m²Uruca: $2,108/m²Mata Redonda$3,370/m²Pavas$3,304/m²Merced$3,443/m²Uruca$2,108/m²Hospital$2,233/m²San Sebastián$2,295/m²$2,108–$2,233$2,233–$2,295$2,295–$3,370$3,370–$3,382$3,382–$3,443tulugar.com · September 2026
Neighborhood$/m²2-bed apt.Apt. rentGross yieldApartments
Merced
$3,443
—$1,3007.1%75
Carmen
$3,382
—$1,1006.9%72
Mata Redonda
$3,370
$239,000$1,3507.4%315
Pavas
$3,304
$238,000$1,3507.2%177
San Sebastián
$2,295
—$1,0899.6%38
Hospital
$2,233
———48
Uruca
$2,108
—$1,1258.0%73

2-bed apt. = median sale price of 2-bedroom apartments (min. 50). Rent = median monthly apartment rent (min. 30). Gross yield = rent × 12 / median sale price, before expenses.

Short-term rentals (Airbnb)

Medians across entire homes active during the month. In small markets and seasonal destinations, large monthly swings usually reflect the change of season, not a trend.

Median nightly rate

$75

Median occupancy

40%

Median revenue/mo

$779

Entire properties analyzed

490

In San José, the largest market with 208 entire homes, the median rate was $73/night at 43% occupancy.

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Sources & methodology

Data: the residential inventory TuLugar monitors continuously in the country — listings published on the site plus supply we track for statistics only — on asking prices, not closing prices, computed per property type and over unique units, plus public short-term-rental data. The full construction is in the methodology.

How each figure is calculated

  • Apartments, $/m²: median asking price per built m² of apartments for sale (3,138 in this report).
  • Houses, $/m²: median asking price per built m² of houses for sale that report their built area (10,254 of 13,370, 77%). Built areas outside 30–2,000 m² and prices outside USD 100–10,000 per m² are excluded. The median house price uses every house for sale.
  • Median sale prices: the median asking price of each property type, never mixing types.
  • Median rent: apartments on long-term rental, in US dollars per month.
  • Gross yield: a median apartment’s annual rent divided by its median sale price. It is indicative: expenses, taxes and vacant months are not deducted.
  • Properties analyzed: 33,786 unique units from the month’s census; a property listed by several agencies counts once.

The median rent covers long-term rentals; nightly and per-season listings are excluded from the calculation. In markets with a large holiday component, monthly rents in resort areas are seasonal and far above the capital — read them city by city rather than as a single figure.

When citing this report, credit TuLugar as the source with a link to this page.

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