Financing an apartment in Arapiraca: simulate and compare with renting
2.1% of households in Arapiraca are apartments, and 6.3% of those are still being paid off (2022 Census). Simulate the payment with Brazil’s central bank rates and compare it with renting.
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Arapiraca at a glance
In the 2022 Census, Arapiraca had 234,696 inhabitants and 77,712 occupied permanent private households, 1,616 of them apartments.
Mortgage simulator
Enter the property and choose the bank. The rate is pre-filled with the average across banks, and you can replace it with the one in your offer.
Results appear as soon as the rates are loaded.
The simulation holds the month's TR (or IPCA) constant and excludes insurance and fees (unless you fill in the optional field). It is not a credit offer or financial advice: the total effective cost (CET) is the figure the bank gives you.
Buy or rent: which builds more wealth?
Buyers pay a down payment, installments and property costs, and end up with an asset that may or may not appreciate. Renters invest the down payment and the monthly difference. Compare the net worth of each over the years.
The result appears as soon as the rates are loaded.
The model ignores the cost of selling the property, capital gains tax and rate changes over the years. The appreciation and yield defaults are assumptions, not forecasts: change them and see how the result responds.
Arapiraca in official data
Apartments in the city and in Brazil, 2022 Census. The Rank column is the position among the 133 cities we track (1st = highest share).
| Indicator | Arapiraca | Brazil | Rank |
|---|---|---|---|
| Households that are apartments | 2.1% | 14.7% | 132nd |
| Rented apartments | 75.2% | 36.8% | 8th |
| Apartments still being paid off | 6.3% | 20.5% | 118th |
Source: IBGE (Brazil’s statistics agency), 2022 Census, SIDRA 9935 and 4714. No listing prices: enter the property value you have in mind in the simulator. Open the table.
The numbers behind it
| Households | All types | Apartments |
|---|---|---|
| Occupied | 77,712 | 1,616 |
| Rented | 13,735 (17.7%) | 1,216 (75.2%) |
| Still being paid off | 12,833 (16.5%) | 102 (6.3%) |
| Residents | 234,014 | — |
Income and vacant households in Arapiraca
| Indicator | Arapiraca | Brazil |
|---|---|---|
| Median income per person, per month | R$ 703 | R$ 1,000 |
| Average income per person, per month | R$ 1,080 | R$ 1,638 |
| Vacant households | 14.5% | 12.6% |
| Occasional-use households | 4.4% | 7.4% |
Median income per person in Arapiraca is the 124th highest among the 159 cities we track: R$ 703 per month, 30% below Brazil’s median (values from 2022); it does not measure what a family can afford to finance. Vacant households make up 14.5% in Arapiraca (Brazil: 12.6%), and occasional-use homes 4.4% (Brazil: 7.4%).
Arapiraca compared with cities in Alagoas
| City | Apts. | Rented | Paying off | Diff. (p.p.) |
|---|---|---|---|---|
| Maceió | 22.9% | 34.6% | 25.2% | +20.8 |
| Arapiraca | 2.1% | 75.2% | 6.3% | — |
| Rio Largo | 1.7% | — | — | −0.3 |
| Palmeira dos Índios | 3.2% | — | — | +1.1 |
| Marechal Deodoro | 1.3% | — | — | −0.7 |
Apts. = % of households that are apartments; Rented and Paying = % of apartments; — = small sample; Diff. = percentage points of apartments relative to Arapiraca.
Arapiraca is 12.7 percentage points below the national average in the share of households that are apartments, 38.5 percentage points above in rented apartments and 14.2 percentage points below in apartments still being paid off. Counting all household types, 16.3% of residents live in rented property and 17.3% in property still being paid off.
See also
Frequently asked questions about apartments in Arapiraca
How many households are apartments in Arapiraca?
1,616 of 77,712 (2.1%), versus 14.7% in Brazil: 132nd place among the 133 cities we track.
How many apartments in Arapiraca are rented?
1,216 (75.2%), versus 36.8% nationwide: 8th place.
How many apartments in Arapiraca are still being paid off?
102 (6.3%), versus 20.5% in Brazil: 118th place. It is a reference for how common installment buying is, not a forecast of credit approval.